• Tue. Sep 28th, 2021

Asia-Pacific Gaming

Auto Agregado por WPeMatico

  • Home
  • Wynn CEO Maddox Says Macau Will Rebound, Sees Robust Demand

Wynn CEO Maddox Says Macau Will Rebound, Sees Robust Demand

Wynn Resorts (NASDAQ:WYNN) and competitors are facing a variety of regulatory and coronavirus-related headwinds in Macau. But CEO Matt Maddox remains optimistic on the outlook for the world’s largest casino…

Nagasaki On line casino Resort Would Rely Predominantly on Locals, Prefecture Says

Nagasaki is one of three Japanese prefectures bidding the central government to receive authorization to proceed with an integrated resort (IR) development. Japan legalized commercial casino resorts with the goal…

Manny Pacquiao Preventing for Philippines Presidency, Political Bettors Like His Shot

Manny Pacquiao made a career out of beating his opponents in the boxing ring. Now the 42-year-old hopes to find a similar result against his political foes. He’s seeking to…

Fitch: Crown Resorts Regulatory Dangers Warrant Unfavorable Score

Crown Resorts remains the subject of two royal inquiries in Australia regarding its suitability to conduct casino operations. Fitch Ratings, one of the “Big Three” credit rating agencies, said in…

Macau On line casino Operators Search Clarification Concerning Proposed Regulatory Adjustments

Macau casino operators this week had their first face-to-face with government officials. Those regulators have been tasked with determining changes that will oversee the gaming market’s next operating term. Officials…

Suncity Boss Alvin Chau Says Macau Not Ridding Itself of VIP Junket Teams

Suncity Group founder and CEO Alvin Chau says the current chaos surrounding the future of Macau’s gaming industry will not result in the elimination of VIP junkets. Speaking with the…

Tokyo Odds of Coming into Japan On line casino Pool Stay Lengthy, Main Observer Says

Tokyo would be a most ideal setting for a multibillion-dollar integrated resort (IR) casino development. But Japan’s capital city has thus far remained on the sidelines. Japan is slowly inching…

MGM Resorts Secures Osaka On line casino Rights, $9B Challenge Strikes Ahead

MGM Resorts and its Japanese partner Orix have secured Osaka’s lone integrated resort (IR) development opportunity. With the prefecture and city blessing, the group will work with government officials to…

Wynn Macau Will get $1.5B Mortgage, However Two Analysts Downgrade Wynn Inventory

Amid a week of regulatory upheaval that battered its shares, Wynn Macau procured a $1.5 billion credit revolver. But that didn’t prevent two analysts from downgrading the US parent, Wynn…

Beijing Names, Shames Ten for Overseas Alternate Violations in Cross-Border Playing

China’s foreign exchange regulator has fined ten mainland citizens almost US$900,000 for illegal currency trades made for the purposes of offshore gambling. In an announcement on its website, the State…