Philippines gaming regulator Pagcor has announced a 10.91% year-on-year increase in net income for the full year 2017 to Php4.95 billion (US$96.3 million), led by a 7.56% increase in income from gaming operations. The final figure exceeds Pagcor’s target income for the year by a massive 234% and follows a breakthrough year for the nation’s […]
The promoter of a newly-operating Nepal casino resort near the country’s border with the Indian state of Uttar Pradesh says the venue will have a “grand opening celebration event” on March 16. A filing from Silver Heritage Group Ltd on Wednesday added that the venue – Tiger Palace Resort Bhairahawa (pictured) – had its first […]
The U.S. Department of the Treasury has placed Kings Romans Casino, a scheme located in north-western Laos, on its organised crime sanctions blacklist, it announced on Tuesday. The property is located in the province of Bokeo, near the border with Thailand and Myanmar. Two Hong Kong companies – Kings Romans International (HK) Co Ltd and […]
The Hong Kong Securities and Futures Commission has issued a warning to investors about the “high concentration of shareholding” in Hong Kong-listed Kingston Financial Group Ltd. “In view of the high concentration of shareholding in a small number of shareholders, shareholders and prospective investors should be aware that the price of the shares of the […]
Maria Helena de Senna Fernandes, director of the Macao Government Tourism Office (MGTO), said on Wednesday that the body could not guarantee that MGM Cotai (pictured) will have its hotel licence ahead of the Chinese New Year period. The HKD27-billion (US$3.45-billion) MGM Cotai is the second property developed by Macau-based gaming operator MGM China Holdings […]
