Major casino companies have registered interest in participating in a project for the construction of a A$1-billion integrated resort in the city of Cairns, the Queensland government said earlier today. The Global Tourism Hub scheme was introduced last fall. It involves the construction of a multi-purpose complex with a casino as well as a number […]
Japan integrated resorts can each expect to generate around US$3 billion in gross gaming revenue annually, according to ratings agency Fitch. But their impact on Macau’s gaming industry will be minimal, with Korea and Russia more likely to feel the effects should the Japanese Diet pass its long-awaited IR Implementation Bill this year… Read more
A group of workers from MGM China submitted a petition at the Gaming Inspection and Coordination Bureau (DICJ) on Friday urging an investigation into MGM’s new high-tech gaming tables that have allegedly been causing discomfort amongst workers, local media reports. The petition called the gaming regulator to look into potential health risks created by the […]
The Chinese island of Hainan may become a new hub for land-based casinos, with government agencies reportedly considering allowing online betting and other gambling on the island, Bloomberg reports. The move would likely have a significant impact on Asia’s gaming markets, especially Macau, which draws a large amount of mainland Chinese tourists yearly… Read more
State-run Philippine Amusement and Gaming Corp (Pagcor) on Wednesday reported net income of approximately PHP4.95 billion (US$95.9 million) for 2017, up by 10.9 percent from full-year 2016. Revenue from gaming operations increased by 7.6 percent from the previous year, to PHP57.34 billion in 2017, according to a Pagcor financial statement posted on its website. The […]
