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Credit Suisse bullish about The Philippines gaming market

In its new research note entitled “Let the Games Begin”, Credit Suisse declared that it was positive about the prospects of the Philippine gaming...

Bloomberry opens Solaire Manila next month

  Bloomberry Resorts Corp. (BLOOM:PH) is gearing up to open phase one of its USD $1.2 billion Integrated Resort Solaire Manila, on March 16. Located...

Philippines spare casinos from tougher money laundering regulations

  Casinos were given a free pass as Congress passed a tougher law against money-laundering, but protected the government’s bid to chase mega-dollars in Asia’s...

MPEL readies for Manila

A 93 percent stake of Philippine based Manchester International Holdings Unlimited Corp. (MIH) is being bought by Melco Crown Entertainment (Nasdaq: MPEL) at USD...

Bodog launches Asia mobile interface

Bodog88.com partnered with ONEworks to develop and launch new smartphone and WAP interfaces for the Asian markets. While smartphone usage is rising in the...

Pagcor estimates $1.08 bln gross revenue in 2013

Cristino L. Naguiat Jr., chairman and chief executive of Philippine Amusement and Gaming Corp. (Pagcor) expects to reach USD $1.08 billion in gross revenue...

Pagcor income tax breaks P1 billion mark in 2012

  The Philippine Amusement and Gaming Corp. (Pagcor), which oversees the casino gaming operations in the Philippines, will pay a total of USD $135 million to...

PhilWeb reports 20% net income growth in 2012

  Asian gaming firm PhilWeb Corp. has reported a 20-percent year-on-year rise in its net income in 2012 to USD $27 million, with the fastest...

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Meg-Star opens VIP poker room at Macau Roosevelt

Meg-Star has launched its watch-themed Poker VIP Club at the Macau Roosevelt, named “Poker Time”. The VIP poker room is said to be the...

New Zealand updates national strategy to tackle gambling harm

The New Zealand government has promised NZ$60 million (US$40.4 million) in funding over the next three years aimed at tackling problem gambling, particularly in...

Melco, MGM announce anniversary bonuses

MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.

70 percent of suspicious transactions came from casinos

A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial...

Cambodia casino growth a threat to Genting Malaysia

Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.  In a recent...