News

Vinacapital gains two new partners for casino resort

Updated:2024-07-10
VinaCapital, a Vietnam based company, is going to gain two new partners for their Vietnam casino resort project. Genting Malaysia was originally a 20% stakeholder in the project, with VinaCapital holding the other 80%. However, Genting took themselv...

PAGCOR remits P5-Billion cash dividends to National Treasury

Updated:2024-07-10
Posted: Monday | March 30, 2015 | 4:30 PM  For the first time in nearly three decades of its existence, the Philippine Amusement and Gaming Corporation (PAGCOR) remitted P5 billion in total cash dividends to the National Treasury.  PAGCOR Chairman a...

Goa Chief Minister questioned over casino license transfer

Updated:2024-07-10
The only place where live-dealer served gambling is allowed in  India is on board casino ships on the Mandovi River in the state of Goa, which attract both tourists and locals on a regular basis. Inland gambling in the state is restricted to electro...

Singapore casinos to close for 4 hours on Sunday in mark of respect

Updated:2024-07-10
Mr. Lee Kuan Yew, the founding prime minister of Singapore, recently passed away and to pay their respects, several  casinos of Singapore and elsewhere will be closing during a specific time period. The state funeral for Lee Kuan Yew will take place...

Casino project in Cebu eyed by SMIC

Updated:2024-07-10
Update 3-27-15:  SMIC has issued an official clarification with the PSE Securities And Exchange Commission clarifying that, “At the Latham and Watkins Conference, we only mentioned the possibility of having a gaming project in Cebu given the d...

Federal judge to hear arguments in Phua case

Updated:2024-07-10
High profile Malaysian gambler Paul Phua Wei-seng’s fate now lies in the hands of a federal judge, in the multi-million dollar illegal betting operation case. Phua was arrested in July when FBI agents entered his Caesar’s Palace Las Vegas hote...

Reports: Three new casinos for Cambodia border

Updated:2024-07-10
The Deputy Director of the Ministry of Economy Finance Industry Department has reported that the border of Cambodia to Vietnam will now be the home of three new casinos. Ros Phearun spoke with the Phnom Penh Post and stated that the new casinos will...

Saipan’s gaming industry to come of age with new regulations

Updated:2024-07-10
The Commonwealth Casino Commission has voted to adopt regulations that will affect Saipan’s gaming industry. The commission met Friday March 27, 2015 to make a decision on Resolution No. 2015-001 or what is also called the Commonwealth Casino Commis...

Shareholders overwhelmingly approve Melco Crown delisting from Hong Kong stock exchange

Updated:2024-07-10
Melco Crown Entertainment Ltd submitted an application for the voluntary withdrawal from the Hong Kong Stock Exchange (HKEx) on January2. The Macau based company announced on Tuesday that over 95% of their shareholders had voted in favor of the plan...