Casino
June 4, 2021
Las Vegas Sands Boss Unimpressed with the Progress of Macau’s Recovery
Recovery of Macau’s gaming market is moving very slowly, a result of a year-long COVID-19 pandemic that continues to hint at a resurgence. Even as some progress has been made in controlling the coronavirus and getting Macau back on its feet, Robert Goldstein, the chairman, and CEO of Las Vegas Sands (LVS), isn’t happy with […]
Casino
June 2, 2021
Casino Operators in Macau Initiate COVID-19 Employee Vaccinations
Casino operators in Macau are joining the fight against COVID-19 by organizing vaccinations for their employees. SJM has announced that it plans to launch a massive vaccination program, while Sands China already started vaccinating its employees and their families. SJM to Launch a Massive Vaccination Program To fight against COVID-19, Health Officials in Macau have […]
Casino
June 2, 2021
Japan Makes Progress with IR activity as Yokohama and Wakayama Make Updates
Japan’s efforts to introduce integrated resorts (IR) and casino gambling to the country are making progress, even if they had to put things on hold for a while because of COVID-19. The country will initially allow three IRs to be built and, although there was a great deal of enthusiasm initially, the race to be […]
Casino
June 1, 2021
Philippine President Urges for Online Casino Tax Bill
The Philippines wants to generate tax revenue from the gaming industry, calling for 25% income tax on foreign employees and 5% tax on offshore gaming operators’ gross gaming revenue. Offshore Gaming Operators to Pay 5% Tax in the Philippines Philippine President Rodrigo Duterte has called lawmakers to move forward and pass the bill, which would set income […]
Industry
June 1, 2021
Philippine President Duterte Anxious to See Approval of Bill to Find New Tax Dollars
The Philippines still hasn’t been able to start its recovery from COVID-19, with cases still emerging that are hindering the relaxation of health restrictions. Metro Manila is still under modified quarantine, and will be until the middle of the month, which means casino revenue will still be under expectations. The biggest benefit can be offered […]
Industry
May 31, 2021
Macau under Threat as Spike in COVID-19 Cases Seen in China
There was a time when it seemed like COVID-19 was almost completely eradicated in most countries, but the pockets of outbreaks show that there is still more work to be done. Macau was hit hard by the pandemic, with the gambling city turning into a ghost town as borders and casinos were forced to be […]
Industry
May 27, 2021
Interest in Electronic Table Games in Asia Increases, Pushing Live Tables Aside
The COVID-19 debacle has caused a paradigm shift in how gambling is viewed. iGaming added a plethora of new users during the pandemic, driving by the shutdown of live casinos and the safety of being able to gamble from the comfort of one’s own home. As the land-based casino segment continues to re-emerge, there seems […]
Casino
May 25, 2021
Nagasaki Leaders Actively Developing a Robust Integrated Resort Plan for the Prefecture
Nagasaki, Japan is confident that it has the talent and qualities to be one of the first three integrated resort (IR) hosts when the country issues its initial licenses next year. Despite its overwhelming optimism, the prefecture isn’t satisfied with idly waiting for a decision to be made and is demonstrating why it would be […]
Business
May 24, 2021
South Shore Holdings May Be on the Brink of Folding as it Halts Trading
In Western culture, the number 13 is associated with bad luck. However, in Chinese culture, 13 is viewed differently, and is associated with prosperity and good fortune. That might have been part of the reason South Shore Holdings decided to name a property it was expanding in Macau “The 13,” but, in this case, Western […]
Casino
May 18, 2021
Galaxy Entertainment Bows out of IR Race in Yokohama
When Japanese lawmakers first approved an initiative to bring casinos to the country by way of integrated resorts (IR), there was no shortage of interest on the part of gaming operators around the world. However, as time has progressed and COVID-19 wreaked havoc on the gaming industry, that interest has waned somewhat. Several big names […]