South Shore Holdings must take action or face delisting on Hong Kong Stock Exchange

Owner of THE 13 in Macau, South Shore Holdings recently announced the company is at risk of being delisted from the Hong Kong Stock Exchange. The operator must now complete specific steps to avoid this action. After facing setback after setback, Sou

Macau casinos experience October gaming revenues disappointment

The large selection of casinos in Macau reportedly saw their aggregated gross gaming revenues for October plummet by almost 40% year-on-year to about $545.1 million owing to the earlier imposition of a range of new coronavirus-related travel restric

China records significant increase in prosecutions of gambling-related crimes

In China and the Supreme People’s Procuratorate has reportedly announced that it prosecuted 46,575 people over the course of the first six months of 2021 for gambling-related crimes. According to a report from GGRAsia, the Sunday admission from the

Sega Sammy Holdings Incorporated hails second-quarter improvement

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the three months to the end of June showing that its net profit improved by over 189% year-on-year to approximately $26.7 million. Accord

COVID-19 continues to affect Grand Korea Leisure as low monthly revenues figures recorded in July

The continued surges in positive COVID-19 cases have caused casinos in Asia to record monthly losses. In several areas of the country, case counts are rising, and restrictions are coming back into play, negatively affecting businesses such as casino

NagaWorld officially re-opened with coronavirus precautions

Asian casino operator NagaCorp Limited has reportedly announced that its giant NagaWorld facility in Cambodia has been officially re-opened following an over six-month closure brought on by the coronavirus pandemic. According to a report from Inside

Melco Resorts and Entertainment Limited tops off Studio City Macau extension

In Macau and prominent land-based casino operator Melco Resorts and Entertainment Limited reportedly held a topping-off ceremony yesterday for the coming second stage of its giant Studio City Macau venue. According to a report from Inside Asian Gami

Resorts World Sentosa advanced AI surveillance scheme suffering delays

In Singapore and a project that was due to increase casino security within the Resorts World Sentosa development via the use of artificial intelligence (AI) has reportedly been delayed owing to numerous technical difficulties. According to a Thursda

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

Following his arrest by police in mainland China over the weekend and Alvin Chau Cheok Wa (pictured) is reportedly set to stand down as Chief Executive Officer for Asian casino investor Suncity Group Holdings Limited. According to a report from Insi

Wynn Macau Limited suffers third-quarter financial setback

In Macau and casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the third quarter showing that its operating loss improved by 55.8% year-on-year to slightly over $95.3 million. According to a report from I

Singapore floating proposals that would legalize some forms of social gaming

The government for Singapore has reportedly proposed a series of amendments to its laws that would legalize some forms of social gaming while simultaneously placing caps on video game ‘loot boxes’ and other associated prize-based rewards. According

Cash injection for developer of envisioned Midan City Resort Complex

In South Korea and the Chinese firm behind the plan to bring an $800 million integrated casino resort to a 1,087-acre site near the port city of Incheon has reportedly secured additional funding worth in the region of $16.5 million. According to a r