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Industry
August 9, 2021
Mohegan Scrambles After Japanese IR Partner’s Unexpected Exit
Mohegan Gaming & Entertainment (MGE) has been put between a rock and a hard place as it competes to be the casino operator of an integrated resort (IR) in Nagasaki, Japan. Its local partner, Oshidori International Development, just withdrew itself from the partnership, with MGE now having to find a new one, and quickly. Oshidori […]
Industry
August 5, 2021
Yokohama’s Don to Commit “Seppuku” If IR Comes to the City
Controversy over whether an integrated resort (IR) in Yokohama should be allowed is increasing and one man thinks preventing the project is worth dying over. The fact that he holds substantial influence over the local political scene means that his words carry more weight. However, threatening to commit seppuku if the IR comes to life […]
Industry
August 4, 2021
COVID-19 Testing in Macau Brings Unexpected Consequences
For more than a year, Macau did not have a single positive COVID-19 case. However, after four people tested positive with the Delta COVID-19 variant this week, the local government initiated mass testing. Reportedly, the testing resulted in a spike of players and employees leaving Macau, as well as a decrease in gaming stocks. Mass […]
Casino
August 4, 2021
Netmarble Seals SpinX Games Acquisition in $2.19bn Deal
South Korean mobile games publisher Netmarble has acquired social casino developer SpinX Games in a landmark $2.19 billion deal that will allow the company to expand in new verticals. The Hong-Kong based developer has created a number of compelling mobile titles, including Cash Frenzy, Lotsa Slots and Jackpot World, making for some of the highest-grossing social casino games. In a similar vein, SpinX […]
Sports
August 3, 2021
Hong Kong Seizes $463M from Illegal Euro 2020 Bets
Hong Kong has seized $463 million in illegal gambling wagers placed on the Euro 2020 and arrested over 800 suspects. Hong Kong Busts Major Sports Gambling Rings Euro 2020 is long over, but the ripple effects can still be felt. In places such as Hong Kong, police have been on the lookout for activity that […]
Business
August 2, 2021
Belle Corp Reports Profit as Manila Enters Strict Lockdown
Belle Corp reports profitable rental income from City of Dreams Manila, but casinos prepare for a new two-week strict lockdown period starting on August 6. For the six months to June 30, 2021, Philippines real estate company Belle Corporation has reported a 244% increase in consolidated net income and a 27% increase in consolidated revenues […]
Casino
August 2, 2021
SJM Resorts to Relocate 118 Table Games to the Grand Lisboa Palace
The Grand Lisboa Palace casino opened over the weekend, and this $5 billion project includes 150 new table games. To make sure that the casino provides its patrons with the best gaming experience, SJM Resorts intends to relocate 118 table games, including VIP baccarat, to the property. Grand Lisboa Palace, The $5 Billion Casino According […]
Industry
August 2, 2021
July Was a Good Month for Macau Casinos, but Trouble Could Be Coming
It is becoming apparent that Macau’s casinos have a long way to go before they can claim victory over the COVID-19 pandemic. The past couple of months have been a roller coaster for the gambling properties, and stability is likely still out of reach. July, however, was a good month, with the six casino operators […]
Industry
July 30, 2021
The Chinese Island of Hengqin Could Soon Belong to Macau
Macau could be on the verge of receiving a large and expensive gift. Rumors are circulating that China may be preparing to give the city the island of Hengqin, which, should it happen, would give Macau greater flexibility as a global tourism hotspot. It could also, in theory, provide a boost to the city’s casinos. […]
Casino
July 29, 2021
Nagasaki and Yokohama Continue Enthusiasm to Attract IR Approval
Efforts to bring casino gambling to Japan continue, with the possibility that the final layout of the country’s inaugural integrated resort (IR) market will be revealed within a year. While that is behind the original schedule, progress is being made and several locations expected to compete to be one of the first IR hosts are […]