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Daily News

Donaco wins freezing order extension against Thai vendors Australian-listed Donaco International Limited has been granted an extension to an injunction issued by the Supreme Court of New South Wales in early April to freeze shares held by the Thai vendors of its Star Vegas casino resort in Cambodia. In a Friday filing to the Australian Securities Exchange...
Sunday, 03 June 2018 10:30

Macau’s gaming tax revenue soars through April The Macau government raised MOP$35.5 billion in direct gaming taxes through the first four months of the year, an 18.0% increase over the same period in 2017 according to latest figures from the Financial Services Bureau. The taxes include MOP$11.9 billion in April, up 28.0% on April 2017, with the...
Sunday, 03 June 2018 10:21

Macau GGR up 12.1% in May but mass weaker Macau’s gaming revenue grew 12.1% year-on-year in May to MOP$25.5 billion. The figure represents 22 consecutive months of GGR growth for Asia’s gaming hub despite coming in slightly below consensus on the back of weaker mass. It was also marginally down on the MOP$25.7 billion in revenue Macau...
Sunday, 03 June 2018 06:54

Japan ROI to take longer than other Asian IRs: Lawrence Ho Macau gaming mogul Lawrence Ho is predicting that operators of Japan’s first integrated resorts will have to wait longer than usual to recoup their expenditure, suggesting a timeframe of more than five years for payback. The Chairman and CEO of Melco Resorts & Entertainment outlined his expe...
Friday, 01 June 2018 07:26

Community support pushing Chiba’s IR hopes forward Increasing support from the local community has the Japanese prefecture of Chiba attracting increasing attention as a potential home for one of the country’s first integrated resorts, according to a new report by Bloomberg. The news agency is reporting that the backing of local residents is one o...
Friday, 01 June 2018 07:24

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week.
Friday, 01 June 2018 06:57

Entertainment to be key to Mohegan’s Korean IR Mohegan Gaming & Entertainment CEO Mario Kontomerkos says the company will be “aggressively trying to expand our non-gaming offerings” at its Korean integrated resort Inspire as it prepares to break ground in 2018. In a lengthy interview in the upcoming June edition of Inside Asian Gaming i...
Friday, 01 June 2018 06:05

All India Gaming Federation establishes advisory panel for skill games The All India Gaming Federation (AIGF) has introduced its new AIGF advisory panel and launched its new skill games charters during this week’s second annual India Gaming Conclave, held in Delhi on Wednesday. The advisory panel will look to complement the efforts of the AIGF in addressing key issu...
Thursday, 31 May 2018 07:07

Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47
Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47

What's new

Resorts World Manila to launch the Philippines’ first Ritz-Carlton

Resorts World Manila to launch the Philippines’ first Ritz-Carlton By Muhammad Cohen Resorts World Manila (RWM) is set to become home to the Philippines’ first Ritz-Carlton. Inside Asian Gaming has learned that as a key part of RWM’s multi-million makeover, the current Maxims hotel is being converted into a Ritz-Carlton with the launch date scheduled for late... Wednesday, 20 June 2018 06:14

NagaCorp boss increases majority stake

NagaCorp boss increases majority stake NagaCorp CEO Chen Lip Keong has increased his shareholding in the company with the purchase of 5.4 million shares for a total consideration of HK$39.6 million. In a filing to the Hong King Stock Exchange overnight, NagaCorp said that Dr Chen had completed the on-market purchase of the shares, lifti... Wednesday, 20 June 2018 05:54

PhilWeb adds two new eGames sites to portfolio

PhilWeb adds two new eGames sites to portfolio Philippines gaming services provider PhilWeb Corporation has acquired two PAGCOR eGames sites in Consolacion and Lapu-Lapu City in Cebu through its subsidiary BigGame, Inc. The sites were acquired from Golden Frontier Gaming, PhilWeb announced, for a cash payment of Php2.5 million plus 394,322 comm... Wednesday, 20 June 2018 05:52

Paradise Entertainment buys 33,000 square feet of Macau warehouse space

Paradise Entertainment buys 33,000 square feet of Macau warehouse space Macau-based casino operator and electronic gaming machine manufacturer Paradise Entertainment Limited has entered into an agreement to purchase six units of warehouse space on the Macau Peninsula for a total consideration of HK$128.5 million. In a filing to the Hong Kong Stock Exchange, the company... Tuesday, 19 June 2018 21:17

Current Issue

Tribal Ambition

Tribal Ambition By Muhammad Cohen and Ben Blaschke   Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan ... Monday, 04 June 2018 20:55

Social Gathering

Social Gathering By Shaun McCamley   Social casino gaming is booming. In 2017, the global social gaming industry generated a whopping US$106 billion in revenues, with the social casino segment generating US$4.5 billion in revenues. Not surprisingly China, Japan and Korea generated 90% of the games revenue in the... Monday, 04 June 2018 20:44

Redefining Tourism

Redefining Tourism By Muhammad Cohen   In an era when tourism constitutes a growing portion of the global economy, integrated resorts present a potent although frequently misunderstood means for growing visitor arrivals and revenue. It’s not simply the casino but their range of attractions that make IRs such powe... Monday, 04 June 2018 20:37

Japan IR Timeline

Japan IR Timeline By Ben Blaschke   What year for Japan’s first IR? It’s a question that continues to divide industry stakeholders, the answer further clouded by the substantial disparity in opinion offered at last month’s Japan Gaming Congress (JgC) in Tokyo. At the nearer end of the scale, members of the... Monday, 04 June 2018 20:27