Malaysian operator gets green light to develop casinos in Cambodia

SV International Sdn Bhd states on a promotional video it received the approval from Cambodia’s Council of Ministers to develop hotels and casinos in the Asian country.

Pharaoh’s Palace Casino sold to stakeholder

Macau Legend Development Ltd decided to sell the facility after the gambling hub’s casino industry experience a drop of 34.3 percent in gross gaming revenue during 2015.

japan

Casino legalisation in Japan seems dead

The Japanese government has hammered the last nail in the coffin of the gambling legislation.

Offshore casinos relocation is uncertain

Due to budgetary issues, Goa’s government is considering to allow offshore casinos to continue their operations.

Part of the stolen Bangladeshi funds made it to Philippine casinos

PAGCOR declared that out of the US$81 million that entered the Philippines, only US$46 million ended up in the local casino industry.

Sands China dominates Macau

Due to its strong non-gaming business and its dominant position on Cotai, the company has benefited from the shift from the VIP market to the mass market.

Macau is going through price deflation

The world’s largest gaming zone is also accused of being an “attractive target” for terrorism, according to Steve Vickers and Associates Ltd.

After 40 years, Maharashtra prepares for casinos

The Indian state of Maharashtra could enforce an act passed in 1976 to legalise casinos.

taiwan

Taiwan’s casinos even closer

The much anticipated legislative frame could be agreed on during January and Taiwan could open its first casino in 2019.