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Illegal casino development in Kayin state provokes protests
Reports have emerged from Myawaddy, near the border with Thailand, of hundreds of people protesting over eviction from their homes, apparently to make way for a new Chinese-financed illegal casino.
Casino investment boosting Cambodia’s construction sector
World Bank Senior Economist for Cambodia Ly Sodeth stated last week that casino investment has helped fuel a construction boom in certain Cambodian border regions.
Thai gamblers arrested and expelled from Cambodia
Almost two hundred Thai nationals, arrested at two online gambling sites within the casino block of Poipet City, Banteay Meanchey Province on November 19, were sent home to Thailand on the 21st, after talks between officials of the two countries.
NagaCorp’s Phnom Penh exclusivity period extended to 2045
Hong Kong-listed NagaCorp has announced it has entered into an agreement with the government of Cambodia to extend its gaming exclusivity in Phnom Penh...
Donaco wins court ruling in Cambodia
A Cambodian appeals court has ruled in favor of Donaco International, allowing the company to retain ownership of various assets at its Star Vegas...
Grand Ho Tram to get InterContinental branding
The Grand Ho Tram will soon become rebranded as the InterContinental Grand Ho Tram after signing an agreement with IHG last week. The agreement will...
Chinese police bust $4.3 billion Sihanoukville gambling ring
Police in China’s Jiangxi province have arrested six suspects in connection to a cross-border online gambling ring involving $4.3 billion dollars, Xinhua reports.The suspects...
China agrees to support Sihanoukville development
The Cambodian coastal town of Sihanoukville will be seeing a further involvement from the Chinese, after Chinese Prime Minister Li Keqiang agreed on Sunday...
New 5-star casino and hotel opens in Sihanoukville
Goddess of Liberty Hotel & Casino, a new five-star hotel-casino in Sihanoukville officially opened on Wednesday, according to local reports.The opening ceremony was attended...
Casinos counter Chinese VIP conundrum
There’s no doubt that the integrated resorts springing up across Asia were targeted at China’s VIPs, but with that market in retreat there’s little sign of high rollers from other jurisdictions stepping up to take their place.
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IPI says raids don’t affect casino ops.
Imperial Pacific International said it assisted in an investigation by enforcement officers on Saipan on Nov. 7, adding the probe does not affect its daily casino operations.
Aristocrat logs 29 percent rise in net profit in FY2019
Slot and gambling machine maker Aristocrat Leisure saw its profits after tax rise by nearly 29 percent in the one-year period to the end of September, reaching almost A$700 million (about US$476 million). The company’s total sales were nearly A$4.4 billion.
Suncity moves quickly to secure Manila IR site
Hong Kong-listed Suncity Group aims to speed up the payment of $200 million to secure the project site for its proposed five-star hotel and casino complex, Westside City Resorts World, to be developed at Entertainment City, Manila.
Peter Wolff named GLI Director of Global Technical Compliance
Peter Wolff has been named as Gaming Laboratories International’s new director of global technical compliance, in which role he is expected to concentrate on technological advances within the gaming industry in order to support regulators in jurisdictions around the world.
VIP to make up of one-third of GGR by 2022
VIP as a percentage of revenues is expected to go down to as low as 34 percent by 2022, according to estimates from Bernstein...
