Officials at the Philippines have allegedly dropped a perjury case which had been brought against the former Chairman of both Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation, Kazuo Okada (pictured), because of a [...]
In Macau, electronic gaming machine distributor, Asia Pioneer Entertainment Limited has announced that 2018 saw its annual profit swell by some 360.8% year-on-year to reach just over $2.63 million thanks to an associated 27.4% rise in total revenues to [...]
Asian casino operator, Silver Heritage Group Limited, has announced that it is to receive some $5.25 million in compensation after agreeing a deal linked to the recent closure of its gaming operation inside northern Vietnam’s Phoenix International [...]
The recent decision by the government of Macau to extend the casino license of MGM China Holdings Limited by a further two years will allow the operator to improve its ‘capacity to finance the business’ and prepare ‘for future capital [...]
Chinese property developer, New Silkroad Culturaltainment Limited, has declared the governor for its South Korean island state of Jeju has given you one of its subsidiaries formal consent to begin creating a new casino hotel. Partnership strategy: [...]
In Macau, Economy and Finance Secretary, Lionel Leong Vai Tac (pictured), has reportedly announced that the local government in ‘inclined’ towards launching a new tendering process for the city’s six existing casino concessions. Pair [...]
The local branch of global brokerage firm Sanford C Bernstein and Company has reportedly detailed that it is still too early to tell what impact recently-tightened foreign currency transaction rules will have on the casino industry in Macau. Beijing is [...]
The boss for American casino operator, MGM Resorts International, has used a recent conference call with investors to detail that his firm is hoping to be given permission to build an integrated casino resort in the Japanese city of Osaka. Building [...]
