Japan set to take casino gamble
A group of Japanese lawmakers are close to hitting the jackpot in their bid to legalise casinos, betting the revenue bonanza could challenge Macau for the title of global gaming powerhouse.
A group of Japanese lawmakers are close to hitting the jackpot in their bid to legalise casinos, betting the revenue bonanza could challenge Macau for the title of global gaming powerhouse.
The Philippines late Thursday sealed an air service agreement with Macau that would effectively increase the number of passengers ferried to either destinations. In a text message, Civil Aeronautics Board (CAB) Executive Director Carmelo Arcilla said that the agency signed a memorandum of understanding that would increase the number of seat entitlements between Manila [...]
Casino industry leaders met in the world’s biggest gambling hub of Macau on Tuesday for the Global Gaming Expo Asia, a three-day fair of gambling innovations at the glitzy Venetian Macau hotel.
The local gaming unit of Macau’s Melco Crown group has obtained approval from the Securities and Exchange Commission to jack up its authorized capital stock ahead of a $400-million fresh equity offering plan.
Listed Belle Corp. and Macau casino giant Melco Crown Entertainment Ltd. (MCE) have finalized their deal for the operation of the $1-billion Belle Grande hotel and casino, which is being built at the Pagcor Entertainment City in Parañaque City.
Gaming giant Wynn Resorts called on shareholders Monday to eject Japanese tycoon Kazuo Okada from the Wynn board of directors in a special vote scheduled on Feb. 22.
Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world’s biggest gambling market.
In a nondescript building around the corner from the world’s biggest casino, students at the Macau Polytechnic Institute are in class. Huddled at a long table topped with green felt, they pay close attention as their instructor writes a series of diagrams and numbers on a whiteboard.
Citing “cost pressures,” the Philippines’ AirAsia has announced that it is suspending its flights to Puerto Princesa City and Macau via the Clark International Airport (CIA) here starting Dec. 1.
Air Asia Philippines on Thursday launched daily flights to Hong Kong and Macau from its hub in Clark International Airport in Pampanga.
Macau casino giant Melco Crown Entertainment has committed to invest up to $580 million in a Philippine entertainment complex as a strategic partner of tycoon Henry Sy, becoming the single largest investor in a “world-class” entertainment complex jumpstarted by Belle Corp.
Budget carrier AirAsia Inc., the country’s newest airline, will launch its second and third international routes next month as it adds more flights to its hub in Clark Freeport, Pampanga.
