06/05/18 Wynn earnings forecast lowered for 2Q According to Deutsche Bank Securities, the VIP gaming segment performance in Macau has lowered Wynn Resorts’ earnings forecast.
06/05/18 Bloomberry completes Solaire buyout A subsidiary of the company has finally paid the US$710.8 million for the Solaire Resort and Casino land in Manila.
06/04/18 The President of Armenia visits SoftConstruct development office The newly appointed President Armen Sargsyan met SoftConstruct founders Vahe and Vigen Badalyan in the headquarters of the company.
06/04/18 Las Vegas Sands eyes investment in Macau The US-based casino operator is set to make a further investment in the thriving Macanese market, the company’s president and COO said.
06/04/18 Work begins at US$5 billion development in the Philippines Udenna Development Corporation began working on its US$5 billion investment in the Philippines’ Clark Freeport Zone.
06/04/18 Casinos in Macau report revenue gain in May While gambling revenue increased in the Chinese hub, the results were lower-than-expected in May.
06/01/18 Galaxy won’t increase stake in Wynn Resorts Chairman Lui Che-Woo said that Galaxy is not planning to increase its stake in Wynn Resorts.
05/31/18 Macau could allow a new casino The new Asian casino would be located at The 13 Hotel on the Cotai-Coloane border.
05/31/18 Chinese sports lottery sales rise 9 pct The country’s official sports lottery bested the welfare lottery and posted sales for US$6.5 billion in April, a nine per cent increase year-on-year.
05/30/18 Macau targets illegal money exchanges The Secretary for Security said the city will further tackle the illicit money exchange inside and around casinos in Macau.
05/30/18 Tourism boosts Macau’s GDP growth The Chinese region’s GDP grew by 9.2 per cent year-on-year during the first quarter of 2018 thanks to gambling tourists.
05/30/18 Tokyo could extend the Diet session The Congress of Japan would extend the Diet session to late June or July in order to pass the casino bill.
05/30/18 Bloomberry expects to score a Japanese IR The Philippine-based company is hoping to get the licence to develop an IR in Japan’s Wakayama Marina City.
05/29/18 Israel battles suspicious cryptocurrency activity Financial institutions will be required to report suspicious transfers to online gambling sites.
05/29/18 NagaCorp to invest in Chinese players The Cambodian company will build a high-speed railway to link a Chinese city with Russia’s gambling zone Primorye.
