Casino
August 31, 2022
IPI Surprisingly Saves Its Saipan Casino License Yet Again
Yet again Hong Kong’s Imperial Pacific International (IPI) miraculously managed to keep its casino monopoly license for its operations at the Imperial Palace Casino in Saipan. This time with the help of the District Court for the Northern Mariana Islands, which issued an injunction in connection with IPI’s ongoing dispute with the Commonwealth of Northern […]
Industry
August 31, 2022
Macau Lifts International Travel Restrictions, Quarantine Remains
Macau finally has some good news to announce. International borders in the Special Administrative Region will be reopened starting on Thursday. This comes after almost two full years of shuttered borders which began in early 2020, blocking the outside world from accessing Macau. Macau Tries to Live with Covid-19 A total of 41 country non-residents […]
Legal
August 29, 2022
Former TRLEI Board Accused of Theft by Current Okada-led Executives
The saga over the control of the Okada Manila Casino Resort still continues. The next move in the dispute comes from the board of the casino operator Tiger Resort, Leisure and Entertainment, Inc (TRLEI) led by Japanese millionaire Kazuo Okada. The executives have filed a lawsuit against the former TRLEI board members on theft charges […]
Business
August 29, 2022
PAGCOR Casinos May Be Up for Sale Under BBM
The presidential elections in the Philippines earlier this year resulted in the appointment of Bongbong “BBM” Marcos, a scion of Ferdinand Marcos Sr., a former president, and Imelda Romualdez Marcos, a former first lady. While his family is linked to profligate spending that was largely seen as one of the reasons why the Philippines ended […]
Industry
August 29, 2022
Junket and Gaming Closures See Macau’s Unemployment Increase
The dismantlement of mass junket operations in Macau has had an expected consequence – an increase in overall unemployment. In the first months of the junket clampdown, former employees of those businesses reported that they had experienced a steep decline in their finances and were struggling to adapt and find new jobs. This is not […]
Industry
August 29, 2022
Japan Casino Academy Shutters Amid Lack of Demand from Students
The flicking of cards and learning the basics of live casino etiquette will no longer be an option at the Japan Casino Academy, a professional school for croupiers which opened its doors in Japan in 2018 in anticipation of the arrival of Las Vegas-style casino resorts in the country. Student Enthusiasm Dries up Resulting in […]
Casino
August 26, 2022
Macau Unveils New Minimum Casino Revenue Threshold
Macau’s government has announced the new threshold for minimum revenue casino operators in the region must reach in 2023. The threshold is set to MOP$45.6 billion ($564 million) and it is similar to the 2022 levels. The chosen amount is considered fairly easy to reach and selected as a means of offering relief in the […]
Casino
August 26, 2022
Genting Malaysia Reports Improved Performance in Q22022
Genting Malaysia posted strong results during the second quarter of the year ended on June 30, 2022. The company reported $478 million (MYR2.18 billion) in revenue or a five-fold increase. The key driver of this revenue was the Malaysian Integrated Resort. Genting Malaysia Marks Strong Recovery in Q2022 Resorts World Genting managed to pull in […]
Industry
August 26, 2022
BETER Live to Power QTech with Live Casino
BETER Live, a live casino subsidiary of the leading betting products supplier BETER, will power Asia’s #1 distributor, QTech Games, with its live casino portfolio. The new content will help BETER reinforce its foothold in Asia, QTech’s primary market. QTech Boosts Its Offering with BETER’s Live Casino Content BETER is one of the fastest-growing companies […]
Casino
August 26, 2022
Macau Sees Improvement in July Casino Concessionaires GGR
Macau’s July results may be a signal that the Special Administrative Region is experiencing a much-anticipated recovery. The signs for cautious optimism are all there as the July 2022 figures saw a month-over-month improvement in terms of gambling revenue collected by the six concessionaires. Improvement in Revenue Boost Hopes of Recovery The properties collected a […]
