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Melco Resorts’ temporary Cyprus casino finds early going tough The Property President of Melco Resorts’ temporary casino in Cyprus, Craig Ballantyne, has pointed to the country’s many illegal casinos as a major problem following a slower than expected first week of operations. Quoted by the Cyprus Mail, Ballantyne said that the temporary facility, named Cy...
Tuesday, 10 July 2018 05:46

James Packer quits board of private holdings company to continue mental illness fight James Packer has quit the board of his private holdings company, Consolidated Press Holdings (CPH), to focus on his recovery from mental illness. His decision to step down comes three months after he also quit the board of Crown Resorts just eight months after rejoining the board following a two-yea...
Monday, 09 July 2018 20:09

Galaxy RG team tours Macau and Hong Kong social service establishments Galaxy Entertainment Group’s (GEG) Responsible Gaming Team embarked on a tour of several social service establishments in Macau and Hong Kong last week, becoming the first gaming operator group to visit Associação de Juventude Voluntária de Macau (AJVM) at its new service center in Seac Pai Van...
Monday, 09 July 2018 06:56

Inaugural AI Malta Summit kicks off this week The first ever Artificial Intelligence Malta Summit is set to be held this Thursday and Friday, 12 and 13 July 2018, at Le Méridien St Julians Hotel & Spa, aiming to showcase Malta’s AI talent. The Summit will provide master classes from the likes of Dr John Abela for young engineers, data s...
Monday, 09 July 2018 06:43

Sheldon Adelson eying North Korean casino: report Las Vegas Sands Chairman and CEO Sheldon Adelson could be looking to expand his casino empire into North Korea, if a report by Casino News Daily is to be believed. According to the US-based online news site, Adelson hinted at the possibility of doing business in North Korea during a speech at an ev...
Monday, 09 July 2018 06:32

International Entertainment Corp appoints new CEO amid board shake-up Hong Kong-listed International Entertainment Corporation (IEC) has undergone a board shake-up, with Lam Yat Ming and Ren Yunan both stepping down at a board meeting on Friday and Zhang Yan Min appointed new CEO. In a filing to the Hong Kong Stock Exchange on Friday, IEC announced that Zhang, 62, ha...
Monday, 09 July 2018 06:07

Japan passes gambling addiction bill, begins IR bill deliberations Japan’s Upper House has voted into law the Basic Bill on Gambling Addiction Countermeasures, paving the way for final deliberations on the long-awaited IR Implementation Bill to begin in earnest. The gambling addiction bill, considered to be the last vital step before passage of the IR bill, was ...
Monday, 09 July 2018 05:31

Law Commission of India recommends legalizing sports betting and gambling India’s Law Commission has submitted a recommendation to government that sports betting and gambling be legalized and regulated. In a report titled Legal Framework: Gambling and Sports Betting including Cricket in India, which was submitted to law minister Ravi Shanker last week, the Law Commissi...
Monday, 09 July 2018 04:59

China more than doubles its World Cup betting in 2018 Chinese gamblers wagered a massive 28.6 billion yuan (US$4.3 billion) in the three weeks to 1 July 2018 – almost six times more than the roughly 5 billion yuan wagered in the previous three weeks – according to figures released by the China Sports Lottery Management Centre. The three-week perio...
Friday, 06 July 2018 06:43

More changes to Wynn Resorts board as Kim Sinatra steps down Wynn Resorts has announced that Kim Sinatra will step down from her role as Executive Vice President, General Counsel and Secretary on 15 July 2018. Sinatra’s departure is the latest in a string of high profile changes to the Wynn Resorts board since former Chairman and CEO Steve Wynn’s exit in...
Friday, 06 July 2018 06:28

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