Macau strong recovery growth lets Moody’s retain credit rating

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Macau over the last few years have not been so good in terms of financial growth for operators, but slowly and steadily it picked up and this former Portuguese enclave continues to post strong recovery growth. Because of this stable growth international credit-debt watcher Moody’s Investor Service has retained its credit rating for Macau. Moody More...

by Staff | Published 7 hours ago
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By Debbie On Friday, May 26th, 2017
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Ex-PAGCOR exec sues Wynn Macau for his damaged career

A former exec at the Philippines gaming regulatory agency has sued the Asian division of casino operator Wynn Resorts for unlawfully sharing his personal data that damaged his career prospects. A report published More...

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By Debbie On Thursday, May 25th, 2017
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Genting in legal trouble for its $1b casino project

Genting is on the verge of losing US$274 million if the US Department of Interior (DOI) stops the construction of its Massachusetts casino as reported by a Malaysian-based financial analyst. Till now things were More...

casino_02
By Debbie On Wednesday, May 24th, 2017
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Questions raised on safety issues at Imperial Pacific Resort by Saipan regulators

Saipan Island arrowed on map It still looks like some more wait for the Saipan casino operator Imperial Pacific International Holdings (IPI) to finally open its permanent gaming venue. On Tuesday the Commonwealth More...

MGM Resorts Logo
By Debbie On Monday, May 22nd, 2017
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MGM resorts rate Philippine casino market as ‘Oversaturated’

In the last few years Manila, Philippines has emerged as a great casino market in the South Asian region and it is definitely eying to grow big in terms of its business turnover. In addition to this the growing More...

No longer Melco Crown as the Australian based operator sells remaining shares
By Debbie On Monday, May 22nd, 2017
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Melco becomes a favourite destination for VIP gambling

Macau is the global destination and is known to be the Mecca of Casinos and gambling in the South East Asia region. In the last few years there has been a spectacular rise in the business volume and there are own More...

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By Staff On Friday, May 19th, 2017
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Chinese relationship makes Melco Philippines a hot and sizzling stock

City of Dreams Manila Finally there is some good news for the shareholders of the Philippine-listed Melco Crown Philippines Resorts Corp. which are selling like hot cakes these past few months as a result of waring More...

By Staff On Friday, May 19th, 2017
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SJM, MGM likely to get license extension for 2 more years in Macau

As per the recent reports of a market research firm Union Gaming Securities Asia the Government of Macau has yet to decide on the renewal process for concession licenses in the gambling hub. On the other hand a More...

Imperial Pacific International
By Staff On Friday, May 19th, 2017
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Saipan casino regulator urges IPI to step in to solve illegal workers fiasco

As reported by Marianas Variety Saipan’s casino regulatory is urging Imperial Pacific International to get involved in the recent fiasco involving illegal workers at IPI’s casino construction site. In More...

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By Claire On Thursday, May 18th, 2017
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Robot dealers in Macau?

Macau gamblers prefer live dealers GE2 Asia Expo raised the question at a Q&A session on whether robots would be considered by casino operators over live dealers in the face of rising costs in employing gaming More...