Tuesday, July 27, 2021

Junket operators sell Macau flats

Junket operators have begun selling their properties in Macau amidst the slump in VIP revenue, local media reports. The VIP promoters are mostly selling expensive,...

Summit Ascent reaches accord with Macau junket

Summit Ascent, the developer of a gaming property in Vladivostok that will target VIPs from northern China, has signed a deal with one of...

Macau junket operators quit under pressure from Beijing

In another sign of the impact of China’s anti-corruption drive on Macau's casino business, junket operators are quitting the business or moving to other...

Call to extend Macau casino smoking ban

The Macau Gaming Enterprises' Staff Association is urging the government to enforce a smoking ban inside all private gaming rooms in casinos. This comes...

Analysts bearish on Genting Singapore

Genting Singapore is in analysts’ and investors’ bad books after its shares slipped 11 percent in just a month following its release of sluggish...

Saipan casino commission delays

Procedural disputes are holding up the appointment of three nominees to the Commonwealth Casino Commission in Saipan. A session of the Saipan and Northern Islands...

Nagacorp eyes Buddhist land, confrontation looms

In Cambodia, the country’s casino owner NagaCorp may be heading for a confrontation with militant Buddhist monks over the company’s plans to develop a...

China crackdown boosts Manila, Las Vegas

Casinos around Asia and in the United States are benefiting from Beijing’s crackdown on corruption and extravagance by attracting Chinese high rollers with a...

Unforeseen delays for Summit Primorye

Summit Ascent Holdings says the construction of its Primorye project in the Russian Federation has been delayed “due to unforeseen obstacles” and the opening...

Alliance Global announces Manila expansion plans

Alliance Global Group Inc. (AGI) the listed vehicle of billionaire entrepreneur Andrew Tan, plans to complete the first phase of recently acquired Resorts World...


Beijing flag

China soft power packs punch in online gambling crackdown

China’s crackdown on online cross border gambling is showing no signs of easing, with Beijing’s increasing deployment of soft power across Asia reducing safe havens for operators. 

Crane Co. profit up 377% in Q2, driven by payments business

Crane Co. the parent company of Crane Payment Innovations reported strong second-quarter results with sales growing 24 percent, along with a 377 percent rise in operating profit. 

CNMI regulator wants to hear from prospective igaming operators

The Commonwealth Casino Commission wants to reach out to online gaming operators who may be potentially interested in investing in the island, should a bill allowing internet gaming come to pass. 

Macau places four Chinese provinces under quarantine list

Macau has identified four provinces in China to be subject to mandatory 14-day medical observation, amid a rise in cases in the region.