08/19/16 Pagcor rejects Ongpin’s stake in Philweb Pagcor rejected Ongpin’s offer to donate the bulk of his stake in online gaming firm Philweb Corp. to the state casino regulator.
08/18/16 NagaWorld casino opens new shopping facility A large commercial facility partially opened in the basement of the NagaWorld casino in Phnom Penh, Cambodia.
08/18/16 Ongpin donated 49 percent PhilWeb’s stake to Pagcor Roberto V. Ongpin has cancelled the auction of his 53.76-percent stake in PhilWeb Corp. donating the bulk of it to state-owned Philippine Amusement and Gaming Corp.
08/18/16 MGM increases its stake in its Macau division The US casino operator has agreed to increase its stake from 51 percent to 56 percent through the purchase of shares from Grand Paradise Macau.
08/17/16 Cambodia casinos lure in Chinese gamblers Macau casino operators are struggling as more mainland Chinese tourists head to rivals in Cambodia, where travel costs are lower.
08/17/16 Coastal towns in India may host casinos soon If the proposal thrives, domestic and foreign tourist visiting Dakshina Kannada and Uttara Kannada districts may soon experience the luxury of casinos.
08/12/16 Wynn Palace will only feature 100 tables upon its opening The €3.77 billion casino project Wynn Palace has received approval to run 150 gaming tables and 1,145 slot machines.
08/12/16 Kangwon Land opposes second South Korean casino open for residents The company is not happy about news of a second casino being considered to allow South Korean nationals to gamble.
08/12/16 Pagcor will revoke reduced gambling license fees Fees reduction benefited gaming firms Travellers International Hotel Group, Inc., Bloomberry Resorts and Hotels, Inc., MCE Leisure (Philippines) Corp. and Tiger Resorts Leisure and Entertainment, Inc.
08/11/16 MGM postpones Cotai Casino opening again MGM Resorts decided to push back the opening of its new MGM Cotai resort until the second quarter of 2017.
08/11/16 New Tokyo governor supports idea of opening a casino The recently-elected first female governor of Tokyo supports the idea of opening a casino venue in the Japanese capital.
08/10/16 Goa Chief Minister open to issue new casino licences Despite several NGOs opposing casino culture in the tourist state, Goa Chief Minister said that he’s still open to issue new casino licences.
08/10/16 Rodrigo Duterte now targets online gambling cafes The Philippines new president aims at closing online gambling cafes as part of his crusade against on online gambling.
08/09/16 Strong regulation needed for proxy betting Phone betting business accounted for approximately €2.3 billion of casino gross gaming revenue in the Macau market in 2015.
08/09/16 PAGCOR won’t renew PhilWeb’s license PAGCOR announced it won’t renew its intellectual property license agreement (IPLA) with the listed gaming technology provider.
