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Casino
April 5, 2024
Marina Bay Sands to Build Fourth Tower by 2029
Marina Bay Sands (MBS), Singapore’s renowned casino and hotel resort, is embarking on a significant expansion of its downtown property, with plans to construct a fourth tower by 2029. After being hindered by the COVID-19 pandemic, MBS announced on Friday that full-scale construction will commence by July 2025, aiming for completion by July 2029. The […]
Casino
April 5, 2024
South Korea Invests $1.85M in Kangwon Land to Ensure Its Competitiveness
South Korea’s government has unveiled a massive expansion of its Kangwon Land casino resort. The state-owned property will be remodeled to triple the area of its casino floor, allowing it to welcome more guests. The Kangwon Land gaming area, which covers 167,000 square feet currently, will be expanded to cover approximately 533,000 square feet. In […]
Business
April 4, 2024
NagaCorp Publishes Q1 Results, Highlights VIP Segment Growth
NagaCorp, a Hong Kong-listed gambling company, has published its unaudited operational highlights for the first quarter of the year, reporting a significant increase in gross gaming revenue. The company’s results were underpinned by a strong performance of the premium VIP market. In the three months ended March 31, 2024, NagaCorp recorded a total GGR of […]
Legal
April 3, 2024
Cambodian Man Convicted in Singapore Money Laundering Case
Last year, Singapore authorities cracked down on a huge ring that laundered money acquired through illegal gambling and crime. The police ended up arresting 10 foreign nationals and seizing billions of dollars in assets. Several months later, one of the men involved in the operation has been sentenced. Su Wenqiang, a Cambodian national, will have […]
Sports
April 3, 2024
2024 Japanese GP Formula 1 Odds, Time, and Prediction
Contested since 1963, the Japanese GP is one of the iconic Formula 1 races, with legendary Michael Schumacher holding the record for the most wins at Suzuka with six. Just behind him is Lewis Hamilton with five wins and a chance to equal Schumacher’s record on Sunday, April 7. Although the Englishman is one of […]
Industry
April 1, 2024
Macau Bids Farewell to Horse Racing
In a bittersweet farewell, the Macau Jockey Club (MJC) hosted its final horse races on Saturday, 30 March, marking the end of an era in the city’s history and officially closing the chapter on animal racing in Macau. Approximately a thousand racegoers, comprising residents and visitors from Hong Kong and mainland China, gathered to witness […]
Industry
April 1, 2024
Macau on the Road to Recovery Pushed by Mass Market Segment
Currently, there are tough restrictions when it comes to gambling in China. The country doesn’t permit poker, casino gambling or iGaming activities, with the sole exception being Macau, China’s Special Administrative Region. For two decades, Macau has been growing its position as a leading gambling hub for the Asian region. However, the COVID-19 pandemic which […]
Casino
April 1, 2024
Thailand Inches Closer to Casino Gaming, May Outrun Japan
Thailand is inching closer to the launch of legal casino gaming as the recent casino legislation continues to make strides. The measure, which would allow for the construction of resorts featuring casinos, was passed by a landslide by Thailand’s House of Representatives last week. Overall, 253 representatives out of 257 House members voted in favor […]
Industry
March 29, 2024
MGM Resorts CEO Hornbuckle Met with President Xi Jinping
MGM Resorts chief executive officer and president Bill Hornbuckle was one of the US business leaders who met with China’s President Xi Jinping at Wednesday’s official meeting in Beijing. The meeting, which took place in the East Hall of the Great Hall of the People, was meant to sweeten the relations between the two global […]
Industry
March 25, 2024
In Practise Alleges Evolution of Illegal APAC Wagers
On Friday, an X post confirmed that investment research firm In Practise was getting ready to publish a report concerning Evolution’s operations in the Asia-Pacific (APAC) region. Accordingly, the latter’s share price dropped 9.9%, from SEK1,372.80 ($129.78) to SEK1,237.40 ($116.97). The piece of research concerning the world leader in product innovation and advanced IT […]
