Lawmakers want the upcoming Japan casino resorts to have a floor area of at least one million square feet. This is one of the provisions of the Integrated Resorts Development and Promotional Ordinance lawmakers issued this week. According to the ordinance, the total floor area of all guest rooms in the IR should be more […]
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. […]
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 […]
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. […]
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 […]
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 […]
According to Silver Heritage Group, Basil Jong will be stepping down as CFO by mutual agreement with the board. In addition, the press release headline read, Silver Heritage Nominates Ben Watiwat as their New CFO. Mr. Watiwat will be taking over the chief financial officer position on November 5, 2018. The Silver Heritage Group Ltd […]
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 […]
The Malaysian gambling company, Berjaya Sports Toto (BToto) just announced the results for its third quarter. According to the company they saw a23.60% jump in its net profit for the third quarter which ended on January 31, 2018. Berjaya Sports Toto Gets Higher Earning in Q3 meaning it went from RM47.94 million a year ago […]
The installation of Interblock Casino Games in Hollywood One Club in Vietnam is now complete. According to the Slovanian based company, the VIP section of the club now has A 50-seat Diamond Stadium. Hollywood One Club which is located in the Muong Thanh Ha Long Hotel is the first five-star gaming club in Ha Long […]
