Asian News

  • Jeju – the new Singapore

    By Casino International on October 1, 2017
    Jeju will be as big as Singapore in terms of Gross Gaming Revenue, predicts Lawrence Teo. The Chief Operations Officer and Vice President of Dream Tower, the tallest Integrated Resort under construction on the Korean destination island, explains to Macau Business why Lotte Tour decided to enter the casino business and create a landmark. All bets are on making the casino resort the crown of the tourism jewel the company has been dominating for four decades.
  • The spectre of pacapio

    By Casino International on September 1, 2017
    1847-2017: it has been 170 years since gambling was legalised in Macau. But it has not been easy to pin down the right date...
  • Gross gaming revenues: up, up and away

    By Casino International on August 1, 2017
    Gross gaming revenues in July rocketed 29.2 per cent year-on-year to reach MOP22.96 billion, the highest yearly increase since February 2014
  • Continuing the climb

    By Casino International on August 1, 2017
    The 25.9 per cent uptick in gross gaming revenues came in below some expectations, but third quarter and full year results are estimating double digit growth
  • “Japan is our priority now”

    By Casino International on July 1, 2017
    To Lawrence Ho there’s now just one investment priority: Japan. Spain can wait. City of Dreams Manila is finally performing well, thus the Melco Resorts CEO is happy – and reveals to Macau Business in an exclusive interview that he might go for local casinos if Pagcor is really interested in selling. But only if he can redevelop the site. Mr. Ho is thinking of adding another plane to his fleet – and remains confident Melco will continue to hold a licence in Macau, declaring: “Of the six, we have been the best corporate citizen”
  • Competition colours concession talk

    By Casino International on June 1, 2017
    With the gaming renewal process in Macau looming some demand a reduction in gaming taxes while others suggest otherwise. The government has yet to make a decision...
  • Voting is open for AGAwards 2017

    By Casino International on May 12, 2017
    Macau, April 20, 2017: With more than 1,000 nominations received from across the industry, the Organizing Committee is delighted to announce the shortlisted nominees for the 12 award categories for this year’s Asia Gaming Awards 2017.   BEST GAMING OPERATOR Bloomberry Resorts Galaxy Entertainment Group Melco Resorts & Entertainment MGM China NagaCorp Sands China Wynn Resorts   BEST INTEGRATED RESORT […]
  • The return of double-digit growth

    By Casino International on May 1, 2017
    Analysts at Wells Fargo believe the recovery of the local gaming industry has been driven by Chinese liquidity growth and the housing bubble.
  • Feb gaming revenue jumps 17.8%

    By Casino International on April 1, 2017
    Strong performance boosted by junket activities in the last week of the month, say analysts
  • “Critical risk factors”

    By Casino International on April 1, 2017
    Are you thinking of buying the stocks of Macau's casino owners? Don't do this without taking into account all foreseeable - and unforeseeable - risks...