Tuesday, July 17, 2018

HEADLINES

Caesars breaks ground on $375 mln conference center

Caesars Entertainment Corporation has broken ground on its newest development, CAESARS FORUM, a $375 million, 550,000 sq ft conference center in Las Vegas. CAESARS FORUM...

Dragon denies fault in break down of floating casino partnership

Dragon Coin, the company that previously announced plans to build a floating casino in Macau, said it was the fault of Norwegian company Brova...

LaBa360com chooses RTG Asia as Strategic Slots Partner for Asia

RTG Asia has been chosen as Strategic Slots Partner by the new international gaming and betting brand LaBa360com. LaBa360com, which last week announced its Principal...

Former Pagcor official to file appeal against Wynn-favored court decision

Former PAGCOR official Rogelio Yusi Bangsil Jr., says he intends to appeal a ruling from the Macau Court of First Appeal (TJB), which on...

HKJC commingling revenue growth surges

The Hong Kong Jockey Club posted a 5.8 percent increase in turnover for the 2017/2018 season, though the amount wagered through commingling partners surged 154.8 percent.

Opposition prepares no confidence motion against Abe cabinet

Yukio Edano, head of the largest opposition force, Constitutional Democratic Party of Japan, toured areas of the country ravaged by the recent rainstorms and told reporters, “The opposition had proposed that the government concentrate on the disasters, but instead they gave priority to casinos. Does this not provide sufficient grounds for a vote of no confidence?”

Mass market leads Macau’s Q2 growth

The mass market overtook the VIP sector to lead growth in Macau’s gross gambling revenue in Q2 with a gain of 21 percent over the prior year, according to figures from the Gaming Inspection and Coordination Bureau.

Wynn Macau issues one month bonus to staff

Casino operator Wynn Macau has announced it is issuing a special bonus equal to one month’s gross salary to the majority of its staff...

CEZA continuing to fill out its Fintech City

The Cagayan Economic Zone Authority is continuing to bolster its “Fintech City” through the granting of First Fintech Services and Offshore Virtual Currency Exchange...

Broken Tooth to bring chess and poker tournaments to China

Former triad leader Wan Kuok-koi, known also as Broken Tooth, has partnered with an unnamed Beijing firm to bring chess and poker tournaments to...

TRENDING ARTICLES

UnionPay crackdown has minimal impact amidst illegal use

The seizure of UnionPay point of sale terminals (POS) from pawn shops in Macau earlier this month triggered a slide in operator shares on fears of tighter capital controls, though the continued use of illegal devices means there has been little impact on revenue.

China esports sector to rocket by 2020

The Chinese eSports sector is expected to reach 350 million users and $1.5 billion in market size in 2020, according to a report from...

Former Royal Time Group head declared bankrupt

Rashid Teymasov, the former head of Royal Time Group has been declared bankrupt, while the company he headed has exited all projects in other...

IEC shuffles board, appoints new CEO

HK-listed gaming and entertainment firm, International Entertainment Corp. (IEC) has announced the appointment of Mr. Zhang Yan Min as chief executive officer, according to...

Magazine accuses Caesars of making “illegal donations” to politicians

Japan’s largest weekly news magazine by circulation, Shukan Bunshun, has published an article accusing Caesars Entertainment of engaging in a practice which they contend...

Australasian Gaming Expo (AGE) 2018

Established in 1990, the Australasian Gaming Expo is the world's third-largest casino gaming equipment trade show. Based at the International Convention Centre in Darling Harbor,...