Melco Crown Entertainment filed their paperwork with the regulators in Hong Kong showing losses in 2014. Business World reported Monday April 13, 2015 that Melco Crown lost P6.3 billion in 2014 which is 156% more of a loss than reported in 2013. The...
American Gaming Association offers to help Japan if casinos legalized
The American Gaming Association wants to help Japan enter the gaming industry by providing information and experience to officials within the country. Geoff Freeman is the President and CEO of the AGA and has spoken with the Japanese media, stating...
Galaxy Macau Phase II—expansion to focus on middle class, mass market
Galaxy Macau has announced that the second phase of their current investment project will focus on services in the non-casino sector. This phase will focus on targeting middle class individuals from the interior regions of China with shopping facili...
Macau sets 21 million cap on visitors from Mainland China
Macau’s government recently confirmed that they had agreed to set a cap on the number of Mainland China visitors who will be allowed to enter Macau. The cap has been set at 21 million visitors per year and will be reviewed once again next year...
Ministry requests casino project move to other side of Phu Quoc Island
According to reports on Asia Gaming Brief and VietNamNet Bridge, a proposed casino on the northeast side of Phu Quoc Island could move to the northwest instead. Thursday April 16, 2015 news reached several portals indicating the Ministry of Construc...
Melco Crown Entertainment and Taubman Asia Announce Plans for the Boulevard at Studio City
Collaboration brings a ‘one-of-a-kind’ retail entertainment experience to Macau, diversifying the city’s tourism and economy – a catalyst in helping establish Macau as a world-class tourism and leisure hub MACAU, April 16, 2015 (GL...
Judge tosses ill-gotten FBI evidence against Paul Phua
A major ruling has occurred in online bookie Paul Phua Wei Seng’s case of illegal gambling, with a judge handing down a decision in the defendants favor. On Friday, United States District Judge Andrew Gordon decided to toss evidence obtained b...
South Korean casino operator GKL denies partnership plans with US Mohegan Tribe
Korea Economic Daily quoted investment banking sources this week and announced that Grand Korea Leisure Co Ltd had plans to enter into a partnership with the Mohegan Tribe to construct a billion dollar casino complex near Seoul, Korea. However, to...
Kyrgyzstan government decides to ban all forms of gambling
The Kyrgyzstan government recently passed a law that banned all forms of gambling. The Kyrgyzstan government released the following statement on its embassy website in India. The statement read “Kyrgyzstan has finally banned gambling, betting...
Union Gaming reports that a large number of Macau’s visitors book their tickets only 48 ho
Union Gaming Research Macau Ltd recently reported that a large percentage of visitors to Macau are booking their tickets only 48 hours before actually arriving. This short notice period makes it extremely difficult for casino analysts and investors...
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