Radius: Off
km Set radius for geolocation

Vietnam’s only casino for locals sneaks into profit in first six months of operation

Vietnam’s only casino open to locals, Corona Resort & Casino on Phu Quoc Island, has announced a pre-tax profit of US$4.7 million during its first six months of operation. The US$2.1 billion resort, which opened its first phase in January, has been granted a three-year trial period in which Vietnamese are allowed to gamble provided […]

Fukuoka Mayor says timing not right for IR bid

The Mayor of Fukuoka City, Soichiro Takashima, has rejected calls to enter Japan’s IR race, responding to a plan by the Junior Chamber International Fukuoka (JCI) with, “The timing is not right.” While the Mayor admitted there is justification for further discussion, he insisted, “We are not in a situation to consider it now” due […]

Macau Oct GGR likely down at least 3pct y-o-y: analysts

Casino gross gaming revenue (GGR) in Macau for October is likely at best to be down 3 percent judged year-on-year, and at worst, down by 6 percent compared to a year earlier. That is the scenario presented overall by two brokerages in memos to investors in Macau gaming stocks. A Tuesday note published by JP […]