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Gambling News - 'Asia'
Casino
February 2, 2024
Mohegan Inspire in Incheon to Open Inspire Casino on February 3
Mohegan, the leading gaming and entertainment operator, announced that its Inspire Casino at Mohegan Inspire Entertainment Resort in Incheon, South Korea, will open its doors for visitors on Saturday, February 3, 2024, at 8:08 AM. The massive casino resort is located adjacent to the Incheon International Airport and is expected to be one of the […]
Industry
February 1, 2024
Alleged Chinese Mafia Leaders Extradited from Myanmar
In November, rebels in Myanmar fighting against the country’s dictatorial leadership attacked and took over a border town near China, Laukkaing. The occupation of the lawless Shan State town resulted in operations against scam centers and casinos in the area. As a result of the attack, local Chinese mafia members, who used to run the […]
Industry
January 29, 2024
Hong Kong Police Arrests 347 During Three-Day Operation
During a crackdown aimed at 252 illegal establishments and entertainment venues spread citywide across three days, Hong Kong authorities have completed 347 total arrests connected to triad-controlled sex, drug, and gambling businesses. Uncovered Illegal Businesses, Closed Down The hundreds of drug dens, gambling venues, and pubs that did not carry any licenses to function were […]
Sports
January 24, 2024
SIS Grows Racing Content with Horse Racing Fixtures from Korea
The leading supplier of betting services catering to gambling operators across the globe, Sports Information Services (SIS), announced a new partnership, allowing it to significantly grow its horse racing offering. On Wednesday, the company released details regarding its new deal with Korea Racing Authority, growing its live racing content with the addition of premium horse […]
Industry
January 24, 2024
Macau Casino Chip Scam Results in Arrest of Eight Suspects
Casino operators are often targeted by criminals who attempt to cheat or manipulate the games for their advantage. While some try to cheat, others engage in fraudulent activities such as using fake chips to play. Last year, a massive fraudulent scheme was uncovered in Macau with police authorities seizing nearly 1,000 fake chips. During the […]
Casino
January 23, 2024
Macau Gaming Service Index Hits Record Score in 2023, Survey
Casino operators across the globe constantly strive to improve the conditions for their customers by rolling out different amenities. From comfortable chairs to the latest video slots and a wide range of table games, the competition among operators is fierce. Currently, Macau is one major gambling hub for the Asian region and operators there also […]
Business
January 19, 2024
Deutsche Bank Analyst Reevaluates Q4 Projections for Las Vegas Sands
Las Vegas Sands, the globally recognized hospitality and gaming company, confirmed the launch of a massive revamp at Marina Bay Sands back in February 2022. Earlier this week, the second phase of the project was initiated which involved a $750 million reinvestment. Again, this week, Las Vegas Sands’ share price target marked an increase. Carlo […]
Industry
January 18, 2024
Marina Bay Sands Pours $750M into Second Phase of Hotel Renovation
The premier business, entertainment and leisure destination, Marina Bay Sands, confirmed the launch of the second phase of its reinvestment program on Thursday. The next phase of the venue’s transformation represents a reinvestment of $750 million. The second phase of Marina Bay Sands’ redevelopment will help transform Tower 3, ensuring the integrated resort remains a […]
Industry
January 17, 2024
End of an Era: Macau’s Historic Racing Industry Closes in April
The decision to conclude racing in Macau, effective 1 April, has left the racing community in shock, raising questions about the future of hundreds of industry figures. The demise of racing in Macau was not entirely unexpected, given the financial struggles of the Jockey Club over the years. However, the abrupt timing of the decision […]
Industry
January 16, 2024
Macau Can Expect Stable Q4 EBITDA Growth
Macau’s six concessionaires are expected to report a 6% increase in aggregate Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the fourth quarter of 2023, with SJM Holdings and Wynn Macau leading the way. The casino resorts must adapt to rapidly shifting industry trends, but 2024 should present more opportunities than challenges, helping the […]