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Daily News

China Star cites unfriendly operating environment for Hotel Lan Kwai Fong sale China Star Entertainment Limited has flagged government regulatory policies and expected “uphill challenges in the near future” as the primary reasons for selling Hotel Lan Kwai Fong, which is expected to be purchased by Golden Dragon group boss and former member of the Legislative Assembly, Cha...
Tuesday, 21 November 2017 07:08
Macau press association accepted into International Federation of Journalists The Macau Portuguese and English Press Association (AIPIM) has been informed by the Secretariat of the International Federation of Journalists (IFJ) that it has been accepted as associate member of the International Federation of Journalists (IFJ) during a meeting of IFJ's Executive Committee, held ...
Tuesday, 21 November 2017 06:33

Better late than never as The Venetian Macao celebrates 10 years The Venetian Macao celebrated its 10th anniversary on Monday with a ceremony overlooking the outdoor lagoon and a gala dinner attended by officials from the Chinese Central and Macau governments. But it was forced to do so without Chairman and CEO Sheldon Adelson following a fall that saw him fract...
Tuesday, 21 November 2017 06:09

Macau’s visitor spending up 8.8% in 3Q17 Total spending by visitors to Macau, gaming excluded, increased 8.8% year-on-year and 15.9% sequentially in 3Q17 to MOP$15.93 billion according to information from the Statistics and Census Service (DSEC). The year-on-year increase included a 9.0% rise in spending by overnight visitors to MOP$12.99...
Tuesday, 21 November 2017 06:08

MGM to take first hotel bookings for Macau’s MGM Cotai MGM China Holdings has officially started taking hotel bookings for its US$3.2 billion MGM Cotai integrated resort in Macau ahead of the official opening on 29 January 2018. The company will take its first bookings from Tuesday 21 November after announcing a series of promotional offers on Monday, ...
Monday, 20 November 2017 21:05

All-Japanese partnership announces Hokkaido casino bid Hotel and resort giant Kamori Kanko and property developer Niseko Alpine Developments (NISADE) have announced plans to bid for a Japan casino license as part of a multi-million dollar expansion of Rusutsu Resort in Hokkaido. The all-Japanese partnership will see at least US$700 million plowed into ...
Sunday, 19 November 2017 20:28

AU$11 billion Tabcorp-Tatts merger approved for the second time The on again, off again AU$11 billion merger between Australian gaming giants Tabcorp and Tatts Group is back on after the Australian Competition Tribunal gave the green light for the second time in five months. In a brief statement after handing down his decision on Friday, Justice John Middleton ...
Sunday, 19 November 2017 19:24

Genting Hong Kong offloads NCLH cruise line stake for US$270 million Genting Hong Kong has announced the partial sale of its stake in global cruise line company Norwegian Cruise Line Holdings Ltd (NCLH) for US$270.1 million which it says will be used as “general working capital and capital expenditure for the group and/or to fund new investments of the group should...
Sunday, 19 November 2017 17:23

Universal Entertainment confident of presenting Wynn Resorts lawsuit at trial Universal Entertainment Corporation says it is confident it will have the opportunity to present its case to reclaim 24.55 million shares in Wynn Resorts, as well as more than US$1 billion in owed share value, following a Nevada court decision last week denying Wynn’s motion for a summary judgemen...
Sunday, 19 November 2017 16:35

“Gambling frenzy” a potential danger for Japan problem gaming policy: expert A global expert on responsible gambling policy has warned that Japan risks inducing dangerous player behaviors, including a potential “gambling frenzy,” if it implements responsible gambling measures based on fear rather than fact. Speaking at the third and final day of the MGS Summit at this y...
Friday, 17 November 2017 07:15

What's new

MGM Cotai, Imperial Pacific Resort race to meet 2018 launch dates

MGM Cotai, Imperial Pacific Resort race to meet 2018 launch dates MGM China CEO and Executive Director Grant Bowie says the company is confident its new US$3.4 billion Macau integrated resort, MGM Cotai, will be ready to open by 29 January despite having yet to receive license approvals. Speaking to Macau government broadcaster TDM, Bowie said that MGM China was... Tuesday, 12 December 2017 06:10

Macau seeks measures for removal from EU list of “non-cooperative” taxation jurisdictions

Macau seeks measures for removal from EU list of “non-cooperative” taxation jurisdictions The Macau government says it is “maintaining close contact” with mainland China authorities on the adoption of the Convention on Mutual Administrative Assistance in Tax Matters – an initiative of the Organization for Economic Co-operation and Development (OECD) it believes would be helpful in ... Tuesday, 12 December 2017 05:53

Property developer unveils AU$150 million plan for Townsville casino surrounds

Property developer unveils AU$150 million plan for Townsville casino surrounds A local property developer has unveiled plans to build an AU$150 million resort surrounding Queensland’s The Ville casino in Townsville, which he describes as “the best site of any casino in Australia.” The concept plans were designed by specialist resort planners Gary Hunt Architects and Pur... Tuesday, 12 December 2017 05:25

Macau gaming lawyers receive global acclaim

Macau gaming lawyers receive global acclaim Two of Macau’s most highly credentialed gaming lawyers have been named in the 2018 Chambers and Partners 2018 Asia Pacific rankings – an annual list of the world’s top lawyers and law firms in their respective areas. MdME’s Rui Pinto Proença and Bruno Nunes from BN Lawyers were among just ... Tuesday, 12 December 2017 04:52

Current Issue

2017 Inside Asian Gaming Power 50: Meet the Selection Panel

2017 Inside Asian Gaming Power 50: Meet the Selection Panel Andrew W Scott CEOInside Asian Gaming Inside Asian Gaming’s CEO first entered a casino in 1986, fell in love with the surrounds and has been around them ever since. Andrew founded World Gaming Group and launched WGM in 2009, took over IAG in 2015, debuted a third magazine called High Life in ... Tuesday, 05 December 2017 19:28

2017 Inside Asian Gaming Power 50: Ten Years On

2017 Inside Asian Gaming Power 50: Ten Years On A decade of making the Asian Gaming Power 50 By Andrew W ScottIAG Asian Gaming Power 50 selection panel Chairman EVERY year for the last decade, Inside Asian Gaming has completed a task that is fascinating, exhilarating, intellectually stimulating and industry-defining whilst simultaneously bei... Tuesday, 05 December 2017 19:12

2017 Inside Asian Gaming Power 50: Number 19 -  James Murren

2017 Inside Asian Gaming Power 50: Number 19 - James Murren 19 James Murren CHAIRPERSON AND EXECUTIVE DIRECTORMGM China Holdings POWER SCORE1,165 LAST YEAR12 CLAIMS TO FAME • Chairman of the world’s second largest casino company • Credited with keeping MGM Resorts afloat during the GFC If the strong domestic results achieved by MGM China’s pa... Tuesday, 05 December 2017 14:44

2017 Inside Asian Gaming Power 50: Number 18 - Chen Lip Keong

2017 Inside Asian Gaming Power 50: Number 18 - Chen Lip Keong 18 Chen Lip Keong CEO AND EXECUTIVE DIRECTORNagaCorp POWER SCORE1,234 LAST YEAR20 CLAIMS TO FAME • Casino monopoly within 200 kilometers of Phnom Penh runs to 2035, license to 2065. • Owns 65% of first gaming company ever listed in Hong Kong • NagaWorld extension Naga2 debuted in Novemb... Tuesday, 05 December 2017 14:39