Sunday, September 20, 2020

Laos

Profit warnings issued by Macau Legend, Landing, Starlight

The COVID-19 pandemic continues to take its toll on the bottom line in Asia's gaming industry, with a number of casinos signalling profit warnings...

Laos detains casino-bound Chinese for illegal entry

Laos has reportedly detained and deported hundreds of Mainland Chinese who were heading for the country’s casinos, but entered illegally to avoid mandatory quarantine.

Laos eases lockdown, casinos remain closed until June 1

The government of Laos has lifted travel restrictions which will allow people to travel freely around the country, though entertainment venues including casinos will...

Lao official proposes increasing casino levy to 50 percent

Casino operators in Laos may be subject to a 50 percent levy on casino and casino games, should a new law on excise duties...

Macau Legend eyes SE Asia expansion

Macau-based casino operator Macau Legend is eyeing further expansion in Laos and is interested in projects in Cambodia and Vietnam as tourism traffic to Southeast Asia grows and transport infrastructure improves.
Vietnam Ha Long Bay

Indochina opportunities clouded by political, economic risks

Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina region over the coming months. Cambodia,...

Indochina opportunities clouded by political, economic risks

Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina region over the coming months.

Macau Legend seeks Laos, Cambodia expansion

Macau-based Macau Legend Development plans to enter Cambodia and wants to expand its property in Laos, local media reports.

Laos casino revealed to be hub for criminal organization

The U.S. government has identified a casino in Laos to be the headquarters for a Southeast Asia-based criminal network, according to reports. Sanctions were imposed...

Laos casino revealed to be hub for criminal organization

The U.S. government has identified a casino in Laos to be the headquarters for a Southeast Asia-based criminal network, according to reports. Sanctions were imposed...

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Macau MICE events drop by 89.4% in Q2

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Goa hoteliers demand tax breaks

Hotel owners in Goa want the government to provide tax breaks as key attractions that draw tourists, such as the floating casinos and pubs, remain shut.
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National Pension Service faces criticism for Jeju casino investment

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