Asian News

  • 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...
  • Jockeying for position

    By Casino International on March 1, 2017
    With Japan having approved the Integrated Resort Promotion Bill in December 2016, all eyes are now turned to the next steps Japan’s Diet will take towards the implementation of the bill itself – and Macau casino operators are lobbying heavily. Meanwhile, Japanese business in Macau – both gaming and tourism-related – has been increasingly more evident in the city, building upon Macau-Japan co-operation in the casino business sphere. Or so it seems..
  • A waiting game

    By Casino International on July 1, 2016
    Although the interim report of the gaming industry does not tackle any key issues, it is highly anticipated that the city’s six gaming operators will have their licences renewed, while questions on the number of gaming licences and tax remain unanswered
  • Diversity the end game

    By Casino International on June 1, 2016
    Anyone thinking that there will be an equal distribution of tables is wrong. The government will do its maths and see who deserves more tables. Among others, investing in non-gaming areas and partnerships with local companies are advantage points. In an exclusive interview with Project Asia Corp., publisher of Macau Business, Business Daily and other titles, the Secretary for Economy and Finance, Lionel Leong, reveals that financial leasing may be one way to diversify and that conferences are now a priority in the MICE sector.
  • Bargaining chips

    By Casino International on May 27, 2016
    While the government is tightening its grip on the junket operators, they hope to get something in exchange. On his first day in the office in December the new chief of Macau’s casino regulator, supervising the market that saw its size shrink by more than one-third in the past year, said his foremost job is to strengthen the regulation of […]
  • Macau government gives bleak outlook for 2016

    By Casino International on December 21, 2015
    Top gaming news and analysis web site asks the big questions – and brings the big answers. Casino business in Macau has been devastated by Chinese President Xi Jingping’s campaign against corruption and luxury spending, causing revenues to shrink at VIP tables. New resorts planned for the enclave will try to save the sinking ship, but the local government […]
  • Bad but could have been worse

    By Casino International on November 16, 2015
    In August, gaming revenue amounted to MOP18.62 bln, which was better than the MOP17.9 bln market consensus. Strong headwinds, however, may buffet the industry in the coming months. Gaming revenues declined 35.5 per cent year-on-year in August to MOP18.62 billion (US$2.33 billion) from MOP28.88 billion (US$3.62 billion) a year ago, according to data released by the Gaming Inspection and Co-ordination […]