G2E Asia Press Release

  • 217 results found
  • 2016-12-02
    Updated Vietnam sports betting decree coming next month

    Vietnam police have broken up an illegal online gambling ring as the latest draft of the country’s new sports betting legislation makes its way to the legislature. On Saturday, police in Ho Chi Minh City raided four apartments and arrested 132 individuals who were caught...

  • 2016-12-02

    Two casino resorts under development in Vietnam – located respectively in the Van Don Special Economic Zone, it the north of country, and in Phu Quoc Island, in the south – will be allowed to accept bets from Vietnamese gamblers, according to Augustine Ha Ton Vinh, an academic who says he has been advising the government on...

  • 2016-11-25
    China – Macau tipped for growth in 2017

    S&P Global Ratings and Deutsche Bank are among the analysts who have joined Macau Chief Executive Fernando Chui in predicting that the Macau economy will recover to grow in the low single-digits in 2017. The 2017 recovery will be driven by Macau’s gaming industry with...

  • 2016-11-25
    Wynn Palace’s walls close in; Tak Chun launch Studio City VIP Club

    Casino operator Wynn Resorts is revamping the gaming floor of its new Wynn Palace property in Macau in a bid to boost excitement among mass market gamblers. Morningstar Inc analyst Dan Wasiolek issued a report on Monday that claimed Wynn Palace’s disappointing performance to date was...

  • 2016-11-22
    Casino Taipa reopens, unlikely to generate significant revenue

    SJM Holdings’ Casino Taipa has reopened, after eight years, though is unlikely to generate substantial extra revenue for the operator due to its small size and location, Union Gaming wrote in a note. The casino is situated in the Regency Art Hotel and has 5 tables...

  • 2016-11-22
    Small operators to drive Asia casino growth: analysts

    Growth in the total number of casinos in Asia will continue to be in the hands of small operators, according to investment analysts covering the regional gaming industry. “The future as it relates to the growth of gaming in Asia – and the development of gaming in Asia – belongs to second-, third- and fourth-tier...

  • 2016-11-17
    Genting Singapore abandons Jeju casino stake in favor of Japan license

    Genting Singapore Plc is walking away from its casino joint venture on South Korea’s Jeju Island as it gears up for a possible integrated resort license application in Japan. Genting Singapore abandons Jeju casino stake in favor of Japan licenseThe casino operator announced over the weekend...

  • 2016-11-17
    Graton Resort and Casino to open $175 million hotel on November 15

    The Graton Resort and Casino, which opened in 2013, has been in expansion mode developing a $175 million hotel that is expected to open to the public on November 15. The tribal casino which is owned by the Federated Indians of Graton Rancheria, believes that the addition of 200 hotel...

  • 2016-11-09
    Sports lottery operator 500.com calms investors after stock tanks

    Chinese online sports lottery operator 500.com is trying to reassure investors that it’s business as usual after a sharp selloff of its stock. On Monday, 500.com shares fell more than one-quarter to close at $12.23. The shares rebounded somewhat on Tuesday, currently...

  • 2016-11-09
    MGM Cotai slated for 17Q2 launch

    MGM China has confirmed that its HK$24 billion ($3.1 billion) Cotai resort will open in the second quarter of 2017. “We believe it [MGM Cotai] will be well received by the market and we are confident to capture the growth opportunities of Macau,” said Grant...

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