American Casinos In Asia Roll Dice On Trump Presidency

The last Atlantic City casino bearing the Trump name, Trump Taj Mahal, closed for good on October 10. President-elect Donald Trump’s connections with U.S. casinos in Asia will likely cut both ways. (Photo credit: Jewel Samaad/AFP/Getty Images) Last week, Asian...

/ November 21, 2016

Genting Singapore Exits South Korea Casino Project To Re-Focus On Japan

Resorts World Sentosa, Genting Singapore’s flagship integrated resort, has been hit by the same regional trends that have torpedoed Macau. Selling its share of a Jeju project will let it focus on Singapore and save capital for Japan. (Photo credit:...

/ November 17, 2016

Lonely Planet Co-Founder Tony Wheeler Rewrites Guide To Casinos

The evolution of casinos from gambling halls into often-iconic entertainment centers amplifies the question Lonely Planet co-founder Tony Wheeler asked: How much do casinos rely on glamorous high rollers and how much on people betting the milk money? (Photo credit:...

/ November 11, 2016

Macau Casino Revenue Hits 21 Month High In October — Back On Track?

Openings of Parisian Macao with its half-scale Eiffel Tower in September and Wynn Palace in August have helped Macau increase visitor numbers and return to revenue growth. (Photo credit: Anthony Wallace/AFP/Getty Images) Gaming revenue in Macau rose on a year-on-year...

/ November 4, 2016

Asian-Funded Las Vegas Casino Courts New Type Of Chinese Clientele

From guest rooms to the tea sommelier, Lucky Dragon is designed form the ground up for Asian customers. (Photo credit: Ed Vance & Associates) Lucky Dragon will be the Strip’s first new-from-the-ground-up casino since 2010 when it opens on December...

/ November 1, 2016

Investors Overreact To Crown Casino Employees Arrested In China

Crown Resorts employees in China are being held on suspicion of illegally promoting gambling. (Photo credit: Carla Gottgens/Bloomberg) Investors overreacted during the Eastern Hemisphere’s trading day to news that 18 employees of Australia’s Crown Resorts had been detained in China...

/ October 17, 2016

Six Things In New Parisian Macao That Sheldon Adelson Learned Since Venetian

Parisian Macao highlights the evolution of Sands China into the unquestioned leader in Macau. Whatever the market share numbers might say in a particular month, everyone in Macau is chasing Sands, largely thanks to founder Sheldon Adelson’s recognition of the...

/ October 15, 2016

With King Bhumibol Gone, Thailand Could Reconsider Casino Legalization

Thailand has been widely recognized as the best potential market without legal casinos on the Asian mainland. There have been a number of proposals to bring casinos to Thailand to boost the economy, including a flare-up last year that put...

/ October 14, 2016

Casinos Get Second Chance In Taiwan’s Penghu Referendum

Taiwan’s offshore Penghu County will vote on October 15 to decide whether to permit casino development in the archipelago also known as the Pescadores. It marks the second time Penghu has gone to the polls on the casino question, having...

/ October 7, 2016

Macau Is Back In Black Thanks To New Adelson, Wynn Launches — But Will It Last?

Casino revenue statistics for September suggest Macau has begun making sense again. The openings of Steve Wynn’s Wynn Palace in late August and Sheldon Adelson’s Parisian Macao on September 13 brought two new, very different properties to the global casino...

/ October 3, 2016

Sheldon Adelson Still King Of Asia’s Casinos: How He Struck Gold In Macau, Singapore

Las Vegas Sands founder Sheldon Adelson heads the annual Asian Gaming Power 50 for the eighth time in nine years. (Full disclosure: As editor at large for Inside Asian Gaming, which publishes the rankings, I’m a member of the selection panel...

/ September 30, 2016

Proxy Betting Banned In Macau Now On The Rise In Southeast Asia

Itching to play baccarat but don’t want to draw attention to yourself in the midst of a corruption crackdown by visiting a casino or break local law by gambling online? Don’t worry, you can still get a casino gaming fix,...

/ September 27, 2016

Wynn Opens Extravagant $4.2B Palace In Slumping Macau

Cotai’s first new resort in three years, Studio City, had a movie theme and its own specially commissioned film, The Audition, starring Brad Pitt, Leonardo DiCaprio, Robert De Niro and director Martin Scorsese. Cotai’s second new resort since 2012, billionaire...

/ September 26, 2016

Silver Heritage Seeks India Gaming Gold In Nepal

India may be the next big thing in Asian gaming, and one of the region’s most nimble casino operators is offering investors a piece of the action. Silver Heritage Group began trading on Australia’s stock exchange last month as it...

/ September 16, 2016

Wynn Helps Macau Break 26 Month Losing Streak (Maybe)

Macau ended its 26-month casino revenue losing streak in August. The long awaited, often predicted gain follows the current wave of Cotai openings’ most anticipated event so far, the debut of Wynn Palace on August 22. Previous openings of Galaxy...

/ September 9, 2016

Possibly habitable planet found around our nearest neighbour star

With thousands of exoplanets discovered to date, it’s no wonder that we regularly come across “Earth-like worlds” around distant stars. But let’s face it: while it’s exciting that there are planets out there that may be able to harbour life,...

/ August 24, 2016

Shanghai Disneyland Doesn’t Scare Casinos, But Maybe It Should

Casino operators and industry experts largely believe Shanghai Disney Resort, opened June 16, will have no impact on Asia’s casinos. Waiting 90 minutes in hopes of getting the front car for Seven Dwarfs Mine Train is the closest thing to...

/ August 21, 2016

What Do The Olympics And Macau Have In Common? Incompetence

The run-up to this year’s games in Rio de Janeiro again shows that the quadrennial celebration of vanity, nationalism and hypocrisy called Olympics are long past the expiration date on their performance enhancing drug vials .  Macau authorities seem to...

/ August 5, 2016

Macau Casino Revenue Falls For 26th Straight Month As Cotai Openings Loom

Macau’s gross gaming revenue fell 4.5% in July to 17.8 billion Macau patacas (MOP; US$2.2 billion). For the global casino capital, it’s the 26th consecutive year-on-year decline in monthly gaming revenue, and for the first seven months of 2016, gaming...

/ August 3, 2016

As China Slows Down, Asian Casino Operators Eye Tough European Market

Tough times at home have Asian casino operators eyeing Europe in search of returns. “With China down, it’s about finding revenue elsewhere,” Global Market Advisors managing partner Steve Gallaway says. But Europe is a much tougher market than Asia, with...

/ August 1, 2016