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Philippines Has Bad News for Casino Developers

Philippines Has Bad News for Casino Developers
Philippine Gaming Corp. (Pagcor) announced on Sunday that it was freezing applications for casino franchises following President Benigno Aquino III’s decision to stem the mushrooming of gambling facilities in the country. Jay Santiago, Pagcor spokesperson,... read more...

Sands China bets on Japan

Macau-based Sands China, the world’s second-most valuable casino operator, has its sights on expanding into Japan, which it predicts could become Asian largest gambling market. In Macau, the firm’s second-quarter outlook is “extremely good,” said... read more...

Cambodia Casino Shares Opportunity

Yiannis Mostrous, editor of The Silk Road Investor sees opportunity in the shares of a Cambodian casino operator, but it’s not without risk. My expectation is that Asia will come out of the crisis in... read more...

Japanese casino ban investigated

Japanese casino ban investigated
The Japanese Liberal Democratic Party has had a team studying the possibility of lifting the ban on casinos in Japan since February. The party is responding to the demands of about half of the country’s... read more...

Vietnam Government Approves Phu Quoc Island Casino Project

Vietnam Government Approves Phu Quoc Island Casino Project
Prime Minister Nguyen Tan Dung has agreed in principle to the construction of a large tourism and entertainment centre with a casino on Phu Quoc Island off the southern province of Kien giang. He has... read more...

Intercity Group Starts Construction Bellus Angkor Resort & City

Intercity Group Starts Construction Bellus Angkor Resort & City
Construction will commence in October on a new casino resort near the Angkor Wat temples in Cambodia. The US$290 million development, by Korea’s Intercity Group, is targeting high-rollers. Bellus Angkor Resort & City James Cho,... read more...

MGM’s Nathan to Run First ‘Vegas Style’ Viet Casino

MGM’s Nathan to Run First ‘Vegas Style’ Viet Casino
Asian Coast Development Ltd. hired Lloyd Nathan, formerly president of MGM Mirage Global Gaming Development, to run the first Las Vegas-style casino in Vietnam, the company said in a statement today. Asian Coast, a Vancouver-based... read more...

Sands opens Singapore’s second casino-resort

Sands opens Singapore’s second casino-resort
Singapore’s second casino-resort opened Tuesday, a massive $5.7 billion project by Las Vegas Sands Corp. that aims to makeover the city-state as a Southeast Asian gambling and tourism magnet. After big cost overruns and months... read more...

Australia’s Burswood Casino Back to Business After Attack

Australia’s Burswood Casino Back to Business After Attack
Things are returning to normal at Western Australia’s Burswood Casino, and for one of the security team, after a court heard of their security staff (“bouncer”) put the hurt on a patron. Media Man and... read more...

Hotel-casino to rise at MJC’s San Lazaro Park under joint venture with PAGCOR

Hotel-casino to rise at MJC’s San Lazaro Park under joint venture with PAGCOR
Philippine Amusement and Gaming Corporation (PAGCOR) has signed an agreement with MJC Investments Corporation, for PAGCOR to establish, manage and operate a casino at a hotel to be constructed by MIC. In a disclosure to... read more...