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Nagacorp says $3.5b Naga 3 expansion counts as an acquisition

Nagacorp said that after discussions with the Hong Kong Stock Exchange it is clarifying that its $3.5 billion expansion plan for Naga 3 counts as an acquisition of assets under listing rules.

Naga 3 to be funded by controlling shareholder, internal funds

Hong Kong-listed NagaCorp is planning to fund its new Naga 3 Project, expected to cost around US$3.5 billion with equal contribution from internally generated...

How casinos are getting creative in retaining staff

With an increasing number of casinos emerging throughout Asia, the industry is becoming a popular career choice for ambitious individuals from across the region.

Macau stricter with junkets, but more action needed

Macau is taking a more stringent approach towards regulating its junket operators, but more action is needed to prevent money laundering, an annual U.S. report found.

Peter Keijzer, general manager

Peter is the general manager of the Corona Resort & Casino in Vietnam, which opened in early 2019 and was the first to allow...

NagaCorp releases details on US$3.8 billion Naga 3 project

Hong Kong-listed Nagacorp on Thursday released details of its much anticipated Naga 3 project to its shareholders on the Hong Kong Stock Exchange. According...

Casinos to be legalized under new gambling law in May

Casinos will soon be allowed to legally operate in Myanmar with the 2018 Gambling Law to be enacted in May, according to the Myanmar...

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...

Hoiana to open late 2019

The Hoiana, which will be Vietnam’s largest integrated resort, is planning to open in late 2019 and will have more than 100 tables and...

TRENDING ARTICLES

Aristocrat establishes local Macau company

Australian gaming supplier Aristocrat has established a new limited liability company in Macau, Aristocrat Technologies Macau Limited, created in order to comply with “changes...

Singapore allows $9 billion IR expansion, but raises taxes, entry fees

Singapore has allowed the first major expansion of its integrated resort industry since its two IRs began operating, involving S$9 billion ($6.65 billion) new...

South Shore says no formal accord reached on gaming at The 13

South Shore Holdings said it hasn’t yet reached a formal accord to operate gaming facilities at the ultra-luxurious The 13 Hotel, though a memorandum...

Venue manager charged for failing to identify problem gambler

A gambling venue manager in New Zealand has become the first person in the country to be charged with failing to identify a problem...

Konami turns to AI for casino management system

Konami Gaming has turned to Berkeley, California-based GamingAnalytics.AI for the delivery of an analytics platform to customers worldwide who are already utilizing its SYNKROS...