Thursday, October 24, 2019
Star Vegas

Donaco swings to profit on Vietnam, cost controls

Donaco International said it swung to a profit in the September quarter, helped by a strong performance from its property in Vietnam and reduced costs.
Pokie machine

Do cashless pokies cause higher losses?

When it comes to gambling, Australians are the world’s biggest losers. Based on average losses, in 2017 every person lost the equivalent of AU$1,000. 

Monks march to demand casino demolition

A group of Cambodian monks and activists are marching to Sihanoukville to demand the demolition of a casino that was closed on environmental concerns. 
Tiger Palace, Nepal

Silver Heritage chairman, non-exec. director quit

Silver Heritage Group said its Chairman James Spenceley and Non-Executive Director Michael Bassett have resigned from their positions to pursue other interests. In a statement...
Venetian Macau

Venetian Macau gets “Property of the Year” award

Sands China's The Venetian Macau has picked up the “Property of the Year” award at the Global Gaming Awards in Las Vegas.
Yamashita

Yokohama launches RFC for Yamashita Pier

The Yokohama municipal government has launched its RFC process for private businesses interested in developing Yamashita Pier into a major urban IR.

Travellers to delist on Oct. 21

Travellers International Hotel Group has been given the green light to delist from the Philippine Stock Exchange on Oct. 21 following a tender offer.
Macau casino floor

Mass GGR jumps in Q3, though VIP drops

Gross gambling revenue from the mass market sector rose almost 18 percent in Q3, while VIP play declined 22.5 percent as the slowing Chinese economy held back growth, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

MGM asset sales “dry powder” for Japan

MGM Resorts’ accord to divest two major assets will raise $4.3 billion in net proceeds and potentially raise funds for a development in Japan.
DICJ briefing

DICJ explains casino entry ban to Sands staff

The Macau Gaming Inspection and Coordination Bureau (DICJ) held an explanatory session for Sands China staff on the entry ban for casino workers.

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Macau prepares for huge influx of tourists, but not Hong Kong

The Macau Government Tourism Office (MGTO) is working on measures to manage the flow of visitors to the city during Golden Week, which begins...

Yokohama IR plans face recall and referendum movements

Political parties and citizens opposed to an IR bid at Yamashita Pier are launching movements both to recall Fumiko Hayashi as mayor of Yokohama as well as to subject any casino construction plans to a popular referendum.

Wakayama Prefectural Assembly declares support for IR bid

On Friday, the final day of its regular session, the Wakayama Prefectural Assembly declared its support for Governor Yoshinobu Nisaka’s initiative to seek an...
Japan, Yokohama (generic)

Yokohama bid holds promise and perils

Yokohama Mayor Fumiko Hayashi's announcement that her government would make an IR bid reshaped the licensing race in a way that few other events have done.
Crown Melbourne (file)

Second whistleblower accuses Crown of customs offences

Tasmanian MP Andrew Wilkie plans to call for a royal commission inquiry into Crown Resorts after a second whistleblower claimed the company is helping VIPs to bypass customs.