Global Gaming Asset Management

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    Solaire, Manila

    Bloomberry to appeal $296.1m court ruling

    Bloomberry Resorts said it will appeal a Singapore court ruling ordering it to pay $296.1 million to the Philippine unit of U.S.-based Global Gaming Asset Management in a long-running dispute over the termination of a management services agreement.

    New Year, new start for Taiwan’s casino industry?

    Taiwan’s Legislative Yuan failed to pass the Tourism Casino Administration Act in its most recent session, but the bill is not dead yet.Despite considerable uncertainty stemming from upcoming presidential and legislative elections, there may be reason for optimism that even a change in government won’t necessarily derail the process. An upcoming referendum on the island of Penghu may hold the key to unlocking the stalemate, even with a change to a less casino-friendly regime.