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Jeju Shinhwa World Casino Begins Games of Another Kind in South Korea, Just as Winter Olympics Wrap Up

Jeju Shinhwa World casino opens

At the newly opened Jeju Shinhwa World Casino, 300 miles to the south of the Winter Olympics that just finished up in Pyeonchang on Sunday, a whole new set of games are ready to pit opponents against one another. This time, it’s the classic battle of gambler vs. the house, with the latter in this case…Read More

Unlucky 13 Casino in Macau Facing Further Opening Delays to March 2019

The 13 Macau Stephen Hung

The 13, as the casino in Macau’s Coloane Valley is known, may be regretting its choice of an unlucky number for its nomenclature. The gaming venue has faced a bevvy of obtsacles, and now, in recent financial filings with the Hong Kong Stock Exchange, the parent entity to the $1.6 billion resort says it hopes…Read More

Macau VIP Gaming ‘Back to 2013-14 Levels,’ Says Junket Operator

Tsang Ka Hung, CFO of the Tak Chun Group

VIP gaming in Macau has bounced back to its levels of 2014, before a Chinese anti-corruption crackdown sent revenues in the gambling hub tumbling month-on-month for almost two years. That’s the opinion of Tsang Ka Hung, CFO of the Tak Chun Group, who was speaking to GGRAsia at the opening of the group’s new VIP…Read More

Hard Rock Atlantic City Promises 200 Nights of Live Music in Year One

Hard Rock Atlantic City live music

Hard Rock Atlantic City is planning to live up to its name and become the town’s premiere music venue. The music-themed Boardwalk casino resort is undergoing a more than $500 million renovation to strip the building’s Indian décor left over from its former days as the Trump Taj Mahal. When it opens this summer, Hard…Read More

Macau Casino Satisfaction Declines More Than 10 Percent in 2017

Macau casino satisfaction tourism

Overall Macau casino satisfaction fell 10.3 percent in the gaming enclave last year. That’s according to the area’s Statistics and Census Service, which released its annual report late last week. The index revealed that fewer visitors were fully satisfied with their gaming experience inside the enclave’s casino resorts. The data showed 73.9 percent of Macau…Read More

Playtech Blames Malaysia Crackdown, Bitcoin Hype and Sun Newspaper for Profit Slump

laytech blames Malaysia crackdown for profit slump

On Friday, Playtech, the world’s biggest supplier of online gambling software, cited “significant headwinds” for its slow growth through 2017. Chief among these was a typhoon approaching from Malaysia in the form of a government crackdown on online gambling operators. It mowed down Playtech’s client base in Malaysia, one of its primary Asian markets. Meanwhile,…Read More

Showboat Atlantic City Could Reopen, But as What Still Up in the Air

Showboat Atlantic City Bart Blatstein

New Showboat Atlantic City owner Bart Blatstein has taken the first steps towards obtaining a casino license from the New Jersey Division of Gaming Enforcement (DGE). But whether or not he’s up to the task of running a venue that had failed in the past is up for discussion. During an interview this week with…Read More

Incheon Targeted for Yet Another Multibillion-Dollar Integrated Casino Resort

Incheon airport casino resort

Incheon, South Korea, now has three integrated casino resorts under development after Chinese real estate investment firm LongRunn International Group announced it’s investing more than $4 billion to build a foreigner-only gaming destination on Yeongjong Island. Located just west of downtown Incheon, Yeongjong is home to the Seoul-Incheon International Airport. The largely manmade island is…Read More

MGM China Q4 GGR Up Year-on-Year, as Newly Opened MGM Cotai Promises Greater Profits for 2018

MGM Cotai MGM China Q4 Revenues

MGM China, the Asian arm of the mega-conglomerate that dominates the global gaming industry, saw a strong Q4 wrap-up to 2017, and the year ahead looks even better, with the opening of the new MGM Cotai just in time for the recent Chinese New Year festivities. GGR for MGM China surged to HKD$4.28 billion (US$547.4…Read More

Melbourne Crown Casino High Rollers Return, VIP Revenue Surging, Year-on-Year Overall Still Lagging

Melbourne Crown Casino high rollers returning

It’s a welcome sight for officials at the Melbourne Crown Casino: their biggest bettors, many of whom hadn’t been seen in months, are finally filtering back through the doors of Australia’s flagship casino.   Revenues from Crown Resorts’ VIP program in Melbourne surged to $262 million AUD ($205 million USD) in the last six months of…Read More

Fitch Ratings Upgrades Macau 2018 GGR Forecast Following Strong January

Fitch Ratings Macau gross gaming revenue

Fitch Ratings now expects Macau gross gaming revenue (GGR) to grow 13 percent in 2018. That’s a two percent increase on earlier forecasts, which called for an 11 percent hike on last year’s $33.2 billion haul. Fitch senior gaming analyst Alex Bumazhny said more luxury room capacity, predominantly on the Cotai Strip, is the leading…Read More

William Hill Sees Red Following Australian Regulatory Changes, Hopeful for US Sports Betting Market Expansion

William Hill Australia write-down

UK betting giant William Hill posted has a £74.6 million ($104 million) pre-tax loss for 2017, due in large part to the write-down of its Australian operations. William Hill Australia has been negatively impacted by the country’s ban on credit betting, which came into force earlier this month. This has led the group to dramatically…Read More

Las Vegas Sands Gaffe Hands Parx Casino Fourth Pennsylvania Satellite Venue

Las Vegas Sands Pennsylvania satellite

On Wednesday morning, Las Vegas Sands submitted what was thought to be a winning $9.9 million bid to secure a 15-mile radius in Western Pennsylvania’s Mercer County. But the state’s Gaming Control Board (PGCB) later determined that the targeted locale impedes on a previously authorized Category 4 satellite casino region won by Mount Airy #1,…Read More

Seneca Nation Dispute: Niagara County Urges New York State Legislature to Resolve Compact Discord

Niagara County Seneca casino New York

The ongoing gaming compact dispute with the Seneca Nation of Indians has become problematic, and Niagara County officials are calling on the New York Legislature and Governor Andrew Cuomo (D) to swiftly find a solution to the conflict. Next month will mark one year since the tribe stopped revenue sharing payments to the state. The…Read More

Star Casino Sydney Accidentally Shredded $7 Million in Checks

Star Casino Sydney shredded high roller checks

The Star Casino in Sydney, Australia is trying to claw back $7 million from a high-rolling Chinese gambler after it accidentally destroyed two checks he had used as security. A former employee of Star City admitted in the New South Wales Supreme Court that the checks had “probably” been shredded by accident because he thought…Read More