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There’s no doubt that the integrated resorts springing up across Asia were targeted at China’s VIPs, but with that market in retreat there’s little sign of high rollers from other jurisdictions stepping up to take their place.
Fines paid by Singapore’s two casino operators amounted to $$745,000 ($540,000) in the 2018 financial year, with the lion’s share extracted from Genting Singapore’s Resorts World Sentosa.
The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.
Tinian, in the Commonwealth of Northern Mariana Islands, has taken a major step in opening up to tourism with a luxury, fast ferry service...
Suncity Group said its working with the Chinese province of Chengdu to help promote the region’s food culture.
NagaCorp has outperformed properties in Asia and moving forward its outlook is better than that for Macau, Singapore and the Philippines, according to Morgan Stanley Asia.
Asia Gaming Brief’s Mekong Gaming Summit wrapped up with a tour of some of the casino properties in the southern coastal town of Sihanoukville.
Asia casinos, Asia gambling, integrated resorts, golf course, soft opening, beach-front resort, facilities
Imperial Pacific International (IPI) may be facing a fine of $375,000 for late payment of its casino license renewal fee, according to local media reports.
Vietnam’s Ministry of Finance (MoF) has proposed easing minimum investment regulations for building integrated resorts to attract more investment, local media reports.