Industry News

3 Potential Casino Hosts in Japan According to Survey

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3 Potential Casino Hosts in Japan According to Survey

A recent survey showed 3 potential casino hosts in Japan. However, other cities and prefectures are cautious about hosting casino resorts. In fact, public safety is their top concern regarding casinos. Kyodo News conducted the survey in November and December. In addition, it asked local governments of all major cities and prefectures qualified to host casinos. […]

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Macau Casino Firms Get Ratings Upgrade

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Sands China

Brokerage company Sanford C. Bernstein upgraded its ratings of two Macau casino firms. Analysts from Bernstein re-evaluated Sands China and Galaxy Entertainment Group. Also, they considered the capacity expansion for both casinos in 2020. Bernstein analysts expected Macau’s gross gambling revenue to drop from 14 percent in 2018 to 3 percent in 2019. However, they […]

Industry News

Corona Casino Vietnam Opens on Saturday

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Corona Casino Vietnam

The Corona Casino Vietnam will open on Saturday. The new resort and casino complex on Phu Quoc will be the first in the country to allow locals to gamble. The developer of the property is the Phu Quoc Tourism Development and Investment Company JSC. In addition, the developer appointed Upffinity Gaming to manage the casino. […]

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France Investigates Japan Olympics President for Corruption

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France Investigates Japan Olympics President

France launched a formal investigation on Japan Olympics president for corruption. According to sources, French financial prosecutors are investigating Tsunekazu Takeda for bribery. Due to his improper actions, Japan won the bid to host the 2020 Olympic Games. The prosecutors were looking into Japan’s bidding committee’s payment to a Singaporean consultant. As a result, they […]

Industry News

Pennsylvania Gambling Expansion Generates Millions of Dollars

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Pennsylvania gambling expansion

Pennsylvania is reaping the rewards for legalizing sports betting. The Pennsylvania gambling expansion earned almost $400 million in 2018. Not to mention, all of it came from upfront licensing fees alone. Moreover, it doesn’t include revenues from online gamblers. At present, only three casinos operating in the state offer sports betting. These are Hollywood Casino, SugarHouse […]

Industry News

Japan Urged to Speed Up Casino Licensing Process

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The Governor for the Osaka Prefecture in Japan talks about the Integrated Resorts. Ichiro Matsui suggests that the government speed up the licensing process for casinos. He is pertaining to the licensing process for the trio of integrated casino resorts. He requests that the candidate communities get labeled as “planned certification areas”. Governor Matsui says […]