Industry
May 27, 2021
Interest in Electronic Table Games in Asia Increases, Pushing Live Tables Aside
The COVID-19 debacle has caused a paradigm shift in how gambling is viewed. iGaming added a plethora of new users during the pandemic, driving by the shutdown of live casinos and the safety of being able to gamble from the comfort of one’s own home. As the land-based casino segment continues to re-emerge, there seems […]
Casino
May 25, 2021
Nagasaki Leaders Actively Developing a Robust Integrated Resort Plan for the Prefecture
Nagasaki, Japan is confident that it has the talent and qualities to be one of the first three integrated resort (IR) hosts when the country issues its initial licenses next year. Despite its overwhelming optimism, the prefecture isn’t satisfied with idly waiting for a decision to be made and is demonstrating why it would be […]
Business
May 24, 2021
South Shore Holdings May Be on the Brink of Folding as it Halts Trading
In Western culture, the number 13 is associated with bad luck. However, in Chinese culture, 13 is viewed differently, and is associated with prosperity and good fortune. That might have been part of the reason South Shore Holdings decided to name a property it was expanding in Macau “The 13,” but, in this case, Western […]
Casino
May 18, 2021
Galaxy Entertainment Bows out of IR Race in Yokohama
When Japanese lawmakers first approved an initiative to bring casinos to the country by way of integrated resorts (IR), there was no shortage of interest on the part of gaming operators around the world. However, as time has progressed and COVID-19 wreaked havoc on the gaming industry, that interest has waned somewhat. Several big names […]
Legal
May 14, 2021
Chinese Crypto Trader Stands Trial in Online Gambling, AML Case
A prominent crypto trader stands trial in China as the country is prosecuting the “Paofen platform” crew which allegedly laundered over $7 billion. Trial against Paofen Platform Crew Begins China has been determined to crack down on illegal gambling and has pursued various means to do so, from massive raids on its territory to projecting soft power […]
Legal
May 11, 2021
Macau’s GGR Increases as the City Prepares to Revamp its Gambling Laws
If Macau’s casino scene is any indication, the global gaming industry is on a path toward recovery following the COVID-19 pandemic. 2021 got off to a slow start, but things have continued to pick up since then, with May showing more gross gaming revenue (GGR) gains as the Asian casino hub comes back to life. […]
Industry
May 6, 2021
Philippine Casinos on the Way to Economic Recovery
PAGCOR, the Philippine gambling regulator released data outlining gross gaming revenue for Q1 of 2021. GGR in Q1 of 2021 hit Php23.27 billion, which marks an increase of 17.5% when compared to Q4 2020. Licensed Casinos Mark Increase in GGR for Q1 2021 More than a year has passed since the start of the global […]
Industry
May 6, 2021
Head of Macau’s Gambling Authority Given Two-year Extension
To say that Macau is going through a transitional phase would be an understatement. Historically supported by casinos, the city began exploring new endeavors to attract other tourism markets before the onset of COVID-19, which essentially decimated Macau’s gaming scene. The fallout from the global pandemic is going to undoubtedly bring more changes to the […]
Casino
May 5, 2021
Grand Lisboa Palace to Open This Year with 304 Gaming Tables
SJM Holdings has announced it could partially open Grand Lisboa Palace in Macau before the end of its Q2 of 2021. Grand Lisboa Palace in Macau to Open before the End of SJM’s Q2 SJM Holdings will open its long-anticipated Cotai integrated resort, Grand Lisboa Palace, in Macau, the gambling capital of the world. The […]
Casino
May 5, 2021
Melco Resorts Offering Employees Exit Strategies as Recovery Efforts Weaken
Melco Resorts and Entertainment has had a rough time over the past couple of years. It posted strong results for the second quarter of 2019, but that was about the extent of its good news. With much of the casino operator’s revenue coming out of Macau, Melco has had to endure the same difficulties as […]