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PAGCOR denies accusations it underpaid tax, overpaid executives Philippines gaming regulator PAGCOR has hit back at claims it granted excessive rewards and allowances to its executive staff while underpaying taxes, insisting it no longer embarks on certain practices and is entitled to determine its own allowances. The Commission on Audit released its annual aud...
Monday, 23 July 2018 05:50

Weekend poll shows 65% of locals still oppose Japan IR bill A poll conducted by Kyodo News over the weekend following passage of the IR Implementation Bill through the Japanese Diet on Friday found that almost 65% of respondents remain opposed to its enactment. According to the telephone poll, 64.8% of people questioned said they opposed passage of the bill...
Sunday, 22 July 2018 18:59

Race for Japan starts in earnest as IR Implementation Bill enacted into law The race to win one of three licenses to develop and operate a Japanese integrated resort is about to begin in earnest after the Diet enacted the long-awaited IR Implementation Bill on Friday. Passage of the IR bill comes almost 20 years since the idea of legalizing casinos in Japan was first moote...
Sunday, 22 July 2018 18:37

AGTech wins two more bids for China Sports Lottery AGTech Holdings Limited has announced that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd. (GOT), has won two more lottery hardware bids for China Sports Lottery in Zhejiang Province and Jilin Province, bringing the total number of successful bids for GOT in 2018 to 10 followin...
Friday, 20 July 2018 06:26

Grand Lisboa Palace to open in stages, SJM boss reveals Grand Lisboa Palace, the HK$36 billion (US$4.6 billion) integrated resort currently being built in Cotai by SJM Holdings, will be opened in stages as the company races the clock to have the property ready before 2020. The project update was delivered by SJM Vice-Chairman, Executive Director and CEO...
Friday, 20 July 2018 06:17

Japan’s IR bill likely to become law today after passing Cabinet Committee Japan’s IR Implementation Bill is expected to finally become law today after passing one last hurdle on Thursday. The IR bill, which allows for the development of Japan’s first integrated resorts in three yet-to-be-specified locations, passed through the Cabinet Committee of the House of Council...
Thursday, 19 July 2018 23:58

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week.
Thursday, 19 July 2018 22:50

Silver Heritage enjoys record quarter as Vietnam, Nepal casinos grow Australian-listed Silver Heritage Group has recorded its strongest quarterly gross gaming revenue since listing in 2016, with GGR up 39% to US$11.39 million for the three months to 30 June 2018. The positive results included strong growth at all three of the group’s casinos, with Phoenix Internat...
Thursday, 19 July 2018 21:26

Australia’s Tabcorp pays AU$71 million to exit failed UK sportsbook Sun Bets Australian wagering giant Tabcorp Holdings Limited has executed an agreement to exit its UK sportsbook Sun Bets following discussions with partner News UK. Sun Bets will cease trading in the coming days with Tabcorp to make a payment to News UK of around AU$71 million to exit the agreement, origin...
Thursday, 19 July 2018 21:24

Macau Canidrome site to become a land reserve for public facilities The site of Macau’s Canidrome dog racing track will become a land reserve for public facilities, including education, sport, offices for public departments and service centers, once its current owners officially move out this weekend. In a joint press conference held by the Financial Services Bur...
Thursday, 19 July 2018 07:00

What's new

Cebu City to move forward with casino resort plan

Cebu City to move forward with casino resort plan A Cebu City government official told local media on Monday that a proposed Php18 billion (US$356 million) integrated resort would proceed with its upcoming ground-breaking ceremony this Saturday in defiance of President Rodrigo Duterte’s apparent ban on new casinos. The IR, to be built on Kawit I... Tuesday, 21 August 2018 06:08

Success Universe issues positive profit alert

Success Universe issues positive profit alert Macau casino investor Success Universe has issued a positive profit alert ahead of its 1H18 results announcement next week. The group said late Monday that it expects to record an unaudited consolidated profit for the six months to 30 June compared with a loss for the same period last year. The pro... Tuesday, 21 August 2018 05:49

Another key departure as Cai Lingli steps down from Imperial Pacific board

Another key departure as Cai Lingli steps down from Imperial Pacific board Imperial Pacific International (IPI) has lost its second key board member in the space of a week with Cai Lingli – a relative of majority owner Cui Li Jie – stepping down as a director of the company and chairperson of the executive committee. Her departure comes just seven days after Marco Te... Tuesday, 21 August 2018 05:23

Melco Resorts confirms Studio City IPO plans in motion

Melco Resorts confirms Studio City IPO plans in motion Melco Resorts & Entertainment has confirmed that it is continuing preparations to launch an Initial Public Offering of shares in Studio City International Holdings – the holding company for its Studio City integrated resort in Macau. Updating the company’s intentions almost exactly a year s... Tuesday, 21 August 2018 04:56

Current Issue

OZ VIP: A new dawn

OZ VIP: A new dawn It has taken just 12 months for Australia’s VIP turnover to rebound following the arrests of 19 Crown Resorts employees in China in October 2016, but the balance of power between Australian operators has shifted dramatically in the process. By Ben Blaschke   Just 12 months after the release of... Sunday, 29 July 2018 22:32

Waiting for Garapan

Waiting for Garapan Imperial Pacific says it will miss another deadline for completing its Saipan casino hotel, and there’s no consensus on a completion date. Meanwhile, VIP roll and trade receivable numbers soar. By Muhammad Cohen   Imperial Pacific International continues to excel at manythings. Its monopoly ca... Sunday, 29 July 2018 22:27

License to thrill: How casino re-tendering will shape Macau’s future

License to thrill: How casino re-tendering will shape Macau’s future Professor Glenn McCartney takes a look at the impending Macau casino re-tendering process and why the government’s criteria for issuing licenses will shape the city’s tourism future. By Professor Glenn McCartney   Macau’s casino concession and sub-concession contracts will all end in a few... Sunday, 29 July 2018 22:21

Making live online gaming a reality

Making live online gaming a reality Latency has long been the ultimate challenge for online gaming operators in their quest to provide a quality product, but a new open framework technology could prove to be a game-changer. By Jaheer Abbas | Senior Director, SEA & India at Limelight Networks   It’s hard to imagine that onlin... Sunday, 29 July 2018 22:09