Tuesday, July 23, 2019
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Counting the cost of labour

Integrated resorts are a people-based business, needing top quality staff to provide guests with an experience that stands out from the crowd, yet as...

Suncity Group’s big diversification gamble

First established in 2007 amid Macau’s casino boom, Suncity Group rose to become the former Portuguese colony’s largest junket business, operating opulent VIP rooms...

DOF wants to enforce tax through a POGO worker database

The Department of Finance will be compiling a database of foreign workers hired by Philippine offshore gaming operators (POGOs) to ensure they pay the correct taxes.

Donaco results still hampered by ongoing litigation

Australia-listed Donaco International is still dealing with the impact of its ongoing legal battle with its former Thai vendor, recording a statutory loss of A$36.8 million for the six months ended Dec. 31, 2018.

Sheldon Adelson battling cancer

It has been revealed that Las Vegas Sands Chairman and CEO Sheldon Adelson is undergoing treatment for a form of blood cancer, throwing a dark shadow across his casino empire, including in Asia.

Yokohama business leaders to establish IR promotion council

Leaders of the Yokohama Chamber of Commerce & Industry are making another push for an IR bid in their city, this time announcing that they will form an “IR Promotion Council” by the end of the year.

Risk premium clouds prospects

“I hate gambling. I do not want it. “There will be no casinos outside of what are existing. I am not granting anything.”  

Senior police officer arrested in gambling crackdown

A senior police officer in Vietnam was arrested on Sunday on suspicion of involvement in an international gambling ring, local media reports. The arrest is...

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New Zealand updates national strategy to tackle gambling harm

The New Zealand government has promised NZ$60 million (US$40.4 million) in funding over the next three years aimed at tackling problem gambling, particularly in...

Melco, MGM announce anniversary bonuses

MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.

70 percent of suspicious transactions came from casinos

A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial...