IN-DEPTH ANALYSIS FOR THE GAMING INDUSTRY
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Gambling News - Asia
Caesars ups the IR anté with Japan Advisory Committee
In a bid to increase its chances in obtaining a Japanese Integrated Resorts licence, Caesars Entertainment has created a strategic, ‘Japan...
Macau's three years of decline are finally over, greener pastures in sight
For the first time in three years, Macau has posted positive annual gaming revenue results. The region’s revenue plummeted to an...
Paradise Casino revenue down 8.6% in FY2017
South Korean casino operator Paradise Co Ltd has reported an 8.6% year-on-year decline in its full-year revenues for 2017. In...
PAGCOR announces new gambling restrictions
The Philippine Amusement and Gaming Corporation (PAGCOR) have announced the introduction of new rules prohibiting certain groups from entering its casinos,...
LT Game settles IGT dispute
Gaming equipment manufacturer LT Game Ltd and two additional companies have agreed to pay IGT $800,000 to settle a dispute arising...
Macau continually exceeds financial targets and is set to generate $53bn by 2020
During the first two weeks of September, Macau’s casino operations have performed remarkably well in terms of local revenue growth. ...
Japan Gaming Congress returns with a bang in 2018
Back for its third year, the Japan Gaming Congress will be returning to Tokyo from May 10 -11 to host one...
Galaxy Entertainment targets the Philippines with $500m IR
Galaxy Entertainment Group Ltd has announced plans to invest as much as $500m to build an integrated casino-resort in the Philippines....
November proves to be a more encouraging month for Paradise Co
Casino revenue at South Korea’s foreigner-only casino operator, Paradise Co, announced a 3.9% year-on-year increase in casino revenue during the month...
Macau’s November results greatly exceed analyst expectations
According to information posted by the Gaming and Inspection Bureau, Macau has come in ahead of analyst expectations, posting a 22.6%...
BMM Testlabs gets the go-ahead in the Philippines
The Philippine Amusement and Gaming Corp has authorised gaming testing laboratory and technical consultancy firm, BMM Testlabs, to test and certify...
Kingston Financial Group posts gaming revenue decline whilst hotel segment prospers
In an update to investors, Kingston Financial Group Limited posted its financial results for the third quarter of 2017, showing a...
UNLV weighs in on Japan's casino industry
The University of Las Vegas’ International Gaming Institute has published two research reports on the nascent Japanese casino industry. Its...
PAGCOR no more under new Philippine bill
A legislator in the Philippine House of Representatives has tabled a bill that will see the country's gambling regulator, PAGCOR (Philippine...
Q3 results for Genting Malaysia show significant profit drop
A decline in revenue and high operating costs have led to Genting Malasia Bhd posting a 65.2% year-on-year loss in profit...
Macau visitors increase after GDP slow down
For the month of October, Macau visitors were up by 7.9% to the prior year-period, amounting to approximately 2.89 million. ...
China’s lottery sales jump 11% in October
According to data compiled by the Ministry of Finance of China, lottery sales experienced a significant year-on-year rise of 11.3% in...
Bwin launches Russian online betting platform
Global sportsbook operator Bwin has announced the official launch of its inaugural Russia-facing website, Bwin.ru. Bwin has also confirmed that it...
Japan’s gambling addiction bill postponed until 2018
Japan’s two ruling coalition parties have announced that they have decided to maintain their stance on postponing the consideration of a...
Genting Hong Kong offloads shares worth $270m in Norwegian Cruise Line Holdings
Genting Hong Kong has announced the sale of ten million shares in its cruise operator, Norwegian Cruise Line Holdings for a...
Caesars betting big on Japan with two resorts
Global hotel and casino operator Caesars Entertainment Corporation has presented plans to build two integrated resort developments in the Japanese cities...
MGM China sees 5% revenue rise in Q3
Macau casino operator MGM China Holdings has this week announced positive results in its third financial update of 2017. ...
Paradise net profits drop 86.5%, while revenues rise in Q3
Asia focused casino operator Paradise Co has announced an 86.5% year-on-year drop in its net profits for the third quarter of...
Vietnamese casinos open to locals from December
The Vietnamese government has reportedly issued a decree allowing its citizens to gamble at selected casinos with effect from 1 December. ...
KB88.com becomes AS Roma betting partner
Asian online operator KB88.com has this week announced a new commercial partnership with Italian Serie A football club AS Roma, ...
Macau GGR continues to grow, hitting three-year high in October
Gambling revenue in the world’s biggest casino hub continues to expand as Macau enters its 15th consecutive month of positive growth,...
Las Vegas Sands to build London-themed casino in Macau
American casino giant Las Vegas Sands has announced a $1.1bn renovation and rebranding project in one of its major resorts in...
Philippines casinos gross gaming revenue up 15%
Casino gross gaming revenue in the Philippines rose by 15% year-on-year in the second quarter of 2017, to PHP39.15bn (US$759.4m), according...
Macau ramps-up security to prevent future incidents
After the deadly Las Vegas attack, the government of Macau has announced a significant increase in security at the world’s largest...
Asian operator F66.com pens sponsorship deal with Juventus
Asian online betting firm F66.com has entered a deal to become the next regional sponsor of Italian giants Juventus for the...
The global loot box loophole
UK bookmakers brace themselves for the pivotal Triennial Review
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Vantiv acquires Worldpay in £8bn deal
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