Wednesday, June 19, 2019

Cops bust alleged casino investment fraud scheme

Aichi Prefectural Police have arrested three men whom they accuse of creating an illegal and fraudulent investment scheme regarding the collection of funds for a casino in the Middle East.

Makinohara mayor claims local support for IR bid

Makinohara Mayor Kikuo Sugimoto has told his city council that local residents near the Oyori area have offered no objections to the plans to make an IR bid after the concept was explained to them.

Ho Iat Seng officially declares candidacy as Macau Chief

Ho Iat Seng, the main contender in the elections to pick Macau’s chief executive, formally declared his candidacy on Tuesday, holding a press conference in which he commented on the importance of the healthy development of the gaming industry.

Bernstein lowers June GGR estimates on low VIP hold

Analysts from Bernstein have lowered their June GGR estimates for Macau, due mainly to low VIP hold month to...

Resorts World hotel project in Macau gets a billboard

Genting’s plans for a Resorts World-branded hotel in Macau appears to be moving ahead, after a billboard showing a...

CNMI Bill proposes 10 percent net revenue tax

A local member of parliament has introduced a bill that would impose a 10 percent tax on net gambling revenue, while House Gaming Committee Chairman Ralph Yumul has drafted another that would prevent Imperial Pacific from writing off unpaid credit from its tax obligations.

Endangered seabird may have breeding ground on Yumeshima

The planned development of Yumeshima may face an unexpected difficulty as local experts suggest that an endangered seabird species called a Little Tern may be using the man-made island in Osaka Bay as its breeding grounds.

Amax sees “obvious increase” in FY2019 loss

Amax International said it expected to report an “obvious increase” in its loss for the year to end-March 2019, although it stressed the shortfall is due to one-off impairments that don’t affect the cash flow of the business.

Macau’s VIPs spread their wings

Macau’s reputation as the go-to destination for casino VIPs is under threat as facilities improve in other regional destinations that offer lower tax rates and better junket margins.

Asia’s IRs power up green initiatives

As concern mounts about the global environment, many of Asia’s giant IRs are taking significant steps to minimise their impact, investing heavily in green technologies and other waste control initiatives.

 

Be socially responsible

Social responsibility has become an indispensable part of corporate operations. More than ever, companies are feeling obliged to change the way they run their...

AGB receives government endorsement for Mekong Gaming Summit

Asia Gaming Brief is delighted to announce that it has received official endorsement from H.E. Academician General Aun Pornmoniroth, Deputy Prime Minister, Minister of...

Offering table games and more

Table game technology has come a very long way from the days of the “dumb table”. As operators and their customers become more demanding,...

The best gaming story ever told

The Asia Gaming Tree Reunion, held on May 22 at Bene Sheraton at Sands Cotai Central, is set to be an eventful night. Not...

Midsummer Networking Social, 21 June, Manila

We'll be celebrating the solstice once again at the next Asian Gaming Networking Social, to be held from 6.30 - 9.30 on Friday 21...

Australasian Gaming Expo & Seminar 2019

Featuring well over 200 exhibitors, and welcoming more than 6,000 attendees across 19,000 square meters of exhibition space, the Australasian Gaming Expo (AGE) is the biggest hospitality...

Mekong Gaming Summit 2019

Due to take place at the Sofitel in Phnom Penh from 10-11 September 2019, the Mekong Gaming Summit 2019 will gather operators, regulators, ministers,...

Korea Gaming Congress

Betting on Sports 2019

IAGR Jamaica Conference 2019