Tag: investment
MGM aims for Osaka: Murren
James Murren, chairman and CEO of MGM Resorts International, told the Japanese media on Wednesday that his company would be able to make its full contribution to Japan only in a major urban market, and that Osaka is the location he is aiming for.
Regulation to stimulate growth
Cambodia is expected to introduce its long-awaited casino regulation in September, which may attract further investment to one of Asia’s most vibrant markets.
Korea casino stocks rally on North optimism
Shares in South Korea’s casino operators rallied on Tuesday ahead of a summit between U.S. President Donald Trump and North Korea’s Kim Jong-Un on hopes for greater cross border cooperation, Yonhap reports.
Shambala to build new entertainment complex in Primorye
Russian casino investor Shambala has announced plans to build a 16,000 square meter entertainment complex in Primorye after winning an open auction for two...
Clark developments lure IR investors
The Philippine government has an ambitious plan to create a new green city in Clark, home to a former U.S. air force base, which it hopes will become Asia’s premier business hub.
Macau Legend seeks Laos, Cambodia expansion
Macau-based Macau Legend Development plans to enter Cambodia and wants to expand its property in Laos, local media reports.
PRIME Philippines in talks for Davao casino
PRIME Philippines says it’s in talks with Davao City Investment Promotion Center for a hotel and casino in the area, local media reports.
Star and partners bet on China tourism
Star Entertainment Group has expanded its strategic partnership with Hong Kong-based Chow Tai Fook and Far East Consortium as the companies bet on growing...
TRENDING ARTICLES
SBC Awards offer great pre-Christmas networking opportunities
Excitement is building for the SBC Awards 2019, which will bring together 700 of the most influential executives in the industry for a celebration...
Bloomberry remains as GGR market leader in 2019
Bloomberry Resorts, the operator of the Solaire Resort & Casino, has been gaining shares in both VIP and mass over the first half of...
Paradise Nov. sales rise 31.6 percent
Paradise Co., which operates foreigner-only casinos in South Korea, reported a 31.6 percent gain in November sales, driven by table games.
Clean energy forum held in Macau
The 8th International Forum on Clean Energy (IFCE) was held in Macau on Wednesday, bringing together over two hundred representatives from government, industry, and academia from around the world to discuss about the green development of the Guangdong-Hong Kong-Macao Greater Bay Area.
MAGAZINE ISSUES
Casino winnings taxation policy delayed until next year
Some lawmakers have grown concerned that the proposed policy on the taxation of casino winnings is too heavy-handed, and a settlement of the issue has been delayed until next year.
AGTech deepens cooperation with Alibaba Group
AGTech Holdings has announced that its wholly-owned subsidiary, Beijing GOT Technology, has entered into an agreement with Alibaba China to provide equipment and maintenance services including POS terminals and face recognition payment equipment, which may be applied to offline retail sales as well as lottery sales.
Mark Brown resigns as IPI CEO
Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.
