Tuesday, February 19, 2019
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2018 in review – Sportsbetting, IndoChina and Japan

There’s never a dull moment when it comes to gaming in Asia and 2018 produced its fair share of surprises, many of them provided by Philippine President Rodrigo Duterte, who is keeping the gaming industry on its toes.

Cambodia VIP drives Amax revenue, but loss widens

Amax International Holdings posted a widened loss for the six months ended September 30, 2018, due mainly to increased expenses arising from promissory notes...

Donaco reports soft start to FY19

Weaker VIP win rate, online gaming business start up costs, and a Chinese crime syndicate have been blamed for Donaco’s “soft start” to the...

Philippines, Cambodia in likely firing line for China online crackdown

There’s growing concern that China may launch a crackdown on the streaming of casino games into the country next year, potentially dealing a major blow to the booming industry in the Philippines and Cambodia.

Suncity confirms Cambodia, Vietnam gaming businesses as lawful

SunCity Group, which recently announced its foray into IR projects in Cambodia and Vietnam has assured its shareholders that its activities in these countries...

Cambodia-based group to develop blockchain lottery platform

Kelly Holding Group, a Cambodia-based company, says it is developing a blockchain powered lottery platform aimed at “revolutionizing” the lottery industry. In a press...

Amax reaches services accord on Cambodia casino

Amax International said a wholly owned unit had reached an HK$9 million ($1.1 million) accord to provide technical and pre-opening services to a casino in Sihanoukville, Cambodia.

Naga3 in advanced planning stage

NagaCorp says the third phase of its IR in Phnom Penh is in the advanced planning stage, after the opening of Naga2 late last year helped to almost double gross gambling revenue in the first nine months of the year.

NagaCorp CEO further increases stake in company

NagaCorp CEO Tan Sri Dr. Chen Lip Keong has increased his stake in his casino company, buying an aggregate of six million additional shares...

Minister pledges to crack down on rising crime in Sihanoukville

The increased crime rate in Sihanoukville following the influx of Chinese nationals has prompted the government to set up a task force aimed at...

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Hokkaido wraps up IR Experts’ Committee

The Hokkaido IR Experts’ Committee held its fourth and final meeting on Monday, producing no surprises but once again declaring that Tomakomai city should...

Emperor International further increases stake in its hotel-casino

Emperor International Holdings announced that its subsidiary, Emperor Entertainment Hotel Investment, has acquired an additional 5 percent stake in Luck United, the company which...

Wynn full-year results boosted by Palace earnings

Wynn Palace has continued to drive revenue growth for Wynn Resorts. with strong casino revenue growth in 18Q4 helping to boost its full-year results....

Pachinko business drags Sega Sammy down

Hit hard by falling sales in the pachinko machine business, Sega Sammy Holdings recorded a 4.0 percent year-on-year decrease in net sales the April-December...

MGM installs Sega Sammy’s Baccarat Maximum Fortune

Sega Sammy Creation says it had successfully installed its Baccarat Maximum Fortune gaming machine at MGM Macau on Jan. 23. “BACCARAT MAXIMUM FORTUNE” is...