Philippines | 24/02/2017
The Philippines publicly listed company, Premium Leisure Corp, which owns half of the casino arm of the City of Dreams Manila resort, has been taken over by the Manila-based SM Investments Corporation holding company. The Sy Family controlled SM Group bought up a chunk of PLC’s shares on the open market through a special block sale. The SM Group paid P1.20 (USD 0.25) per share and bought just under 270 million shares.
Says it has “sufficient financial resources”
Japan | 24/02/2017
Genting Singapore PLC Group is eyeing the Integrated Resorts (IR) Promotion Bill in Japan under its diversification plan and is well placed to bid for this opportunity.
After recent delays
Nepal | 24/02/2017
The Asian casino operator Silver Heritage Group which owns the Tiger Palace Resort Casino in Nepal is expected to finally open the new resort on March 1st.
Major contender in the run for operating rights in the country
Japan | 23/02/2017
MGM Resorts International will expand its presence in Tokyo in the next 30 days, its chief said on Wednesday, as the Las Vegas company steps up its efforts to enter what could become the world's second-largest casino market.
Osaka is Melco’s top pick
Japan | 23/02/2017
Melco Crown Entertainment Ltd. has upped the ante against its casino rivals to win the chance to build a casino resort in Japan, declaring there’s no limit on how much the company is prepared to invest.
After opening Japan unit last month
Japan | 22/02/2017
Hard Rock Cafe International is looking to buy up to a 60% stake in a Japanese casino resort, its chairman said on Tuesday, seeking entry into what could become the world's second-biggest casino market.
Las Vegas Sands looks to win operating rights in the country
Japan | 21/02/2017
A resort hosting casinos in Japan could cost up to USD 10B to build, Las Vegas Sands Corp's (LVS.N) chief said, as the casino operator looks to win operating rights in what is widely expected to become the world's second-biggest casino market.
Ministry of Finance targeting further restrictions
Russia | 21/02/2017
BetVictor recently sent a customer communication informing players of its decision to suspend service, transactions and wagers from the Russian Federation.
With newly-granted gaming tables
Macau | 21/02/2017
In Macau, the boss for Macau Legend Development Limited has reportedly revealed that his firm intends to open its new Legend Palace Hotel complete with a casino offering of up to 66 live-dealer gaming tables from February 27.
India is world's largest receiver of remittances
India | 20/02/2017
Merely weeks after cautioning residents that bitcoin companies weren’t authorized or licensed to operate in the country, India’s central bank is reportedly not including bitcoin under the purview of regulations for digital payments. In essence, the cryptocurrency will not be legitimized as a legal form of payment or settlement in an economy which is the world’s largest receiver of remittances, anytime soon.