#Integrated Resorts

AGB - Asia Gaming Brief

Remote Online Slots emerge as hot topic during 2024 ASEAN Gaming Summit

The morning of day 2 at the ASEAN Gaming Summit 2024 was dominated by the marriage between online and land-based gaming through the fast growing concept of remote online slots. Two panels delved into the topic from different angles, investigating remote gaming opportunities and ways in which operators can deliver a land-based experience to online…

Law ・ 20 March 2024

Global Village Space

Leading Software Giants: Best Online Casino Providers

The global casino gaming market is estimated to reach US$138.10 billion by 2028, driven by a 7.76% CAGR and the rapid growth of leading online casino software providers like Aristocrat, NetEnt, Bally, Pragmatic Play, and Novomatic. It is fueled by a rapidly expanding user base expected to reach US$243.2 million by 2028, with a 3.0% user penetration…

Industry ・ 10 January 2024

Asgam

Australia’s Crown Resorts warns of unlawful use of IP by illegal online gambling sites

Crown Resorts has issued a public warning against imposter and fraudulent social media accounts and advertisements it says have been falsely using Crown's name, logo, photos and other identifying information to advertise illegal online gambling sites. In a statement, the Australian casino operator urged the community to be cautious of such…

Law ・ 04 January 2024

iGaming Business

Pagcor CEO: Philippines gambling industry at pre-pandemic levels

Speaking over the weekend Tengco said the lifting of travel and movement restrictions has increased leisure, travel and entertainment activities. This, the Pagcor chief said, will help sustain the growth trajectory of the Philippines gaming industry for years to come. Like many other regions, the Philippines had to endure strict measures during the…

Industry ・ 06 November 2023

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Zacks

Casino ETF Up on Las Vegas Sands' Upbeat Q3 Earnings

Leading international developer of multi-use integrated resorts and casinos Las Vegas Sands Corp. ( - Free Report) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The stock was up 2.9% on Oct 19, reflecting the upbeat earnings…

Finance ・ 20 October 2023

NV Daily

Casino Gaming Outlook: The Cross-Cultural Appeal of Casino Games

In the past, casino establishments were found only at specific places around the globe since they were an expensive investment. Most of the world's population did not know much about this kind of gaming. This has all changed now. Technology has made it easy for casino gaming to transcend culture, tradition, and entertainment. In an era of…

Games ・ 28 September 2023

Review Journal

Dubai to pass Las Vegas hotel room inventory

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…

Land-based ・ 24 September 2023

AARP

6 Casino Resorts Outside of Las Vegas

Feeling lucky? The odds are in your favor if you're looking for a fun place to stay and play for your next vacation. According to statistics from the research firm IBISWorld, 377 casino hotels are currently operating in the United States, and the number of casino hotel businesses has grown 6.3 percent per year since 2018. In addition, American…

Land-based ・ 29 August 2023

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Asgam

Genting Berhad seen lifting earnings in 2H23 on higher visitation to Singapore, Las Vegas casinos

Malaysia gaming giant Genting Berhad should enjoy improved sequential earnings in the second half of 2023 as visitation to its casinos in Singapore and Las Vegas improves on seasonality and major events, according to Maybank Investment Bank. In a note, Maybank analyst Samuel Yin Shao Yang said earnings should improve for the Genting group after…

Land-based ・ 28 August 2023

realtybiznews.com

What Is The Future of Casino Real Estate

The real estate industry is well known for being chaotic and mercurial, especially in times of economic uncertainty such as we're experiencing now. Naturally, this leads real estate professionals to be on the lookout for sectors of the market that provide the most potential rewards in the longer term. Doing so will help to ride out any rough…

Industry ・ 17 August 2023

Eye On Annapolis

The Biggest Gambling Countries in the World

Gambling is a hugely popular activity, and people worldwide love spending their money… with the hope of winning even more. However, some countries are more ensconced in it than others. Some countries have a deep-rooted gambling culture, while others have simply seen a rise in the popularity of gambling activities due to the more favorable…

Industry ・ 18 July 2023

GGRAsia

We do the maths on player engagement says Jumbo Tech

As a Taiwan-based business with a Chinese cultural heritage, and products and customers spread worldwide, casino equipment supplier Jumbo Technology Co Ltd says it is well placed to understand what motivates and excites contemporary consumers in the slots and electronic table games segments. Tourists visiting modern integrated resorts - with plenty…

Baccarat ・ 14 June 2023

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mauinews.com

Lawmakers Are Trying to Bring Legal Gambling to Hawaii

The pristine beaches, lush landscapes, and vibrant culture of Hawaii have long made it a dream destination for travelers. However, the Aloha State has been one of the few remaining places in the United States without legal gambling. While many have argued for and against the introduction of gambling in Hawaii, lawmakers are now exploring a new…

Industry ・ 01 June 2023

Space Coast Daily

The Rising Popularity of Online Casinos in Japan: Exploring the Thriving Business Opportunities

Home " The Rising Popularity of Online Casinos in Japan: Exploring the Thriving Business Opportunities Online Casinos are gaining popularity in Japan, indicating a significant shift in the country's gambling trends. Despite strict regulations and a conservative perspective towards gambling, the Japanese are now more open and accepting of digital…

Industry ・ 27 May 2023

The Nevada Independent

Indy Gaming: MGM’s $10 billion project in Osaka approved by Japan as the country’s first casino

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz More than a decade ago, Nevada's major…

Industry ・ 20 April 2023

CoStar

MGM Resorts' Integrated Resort in Osaka Set To Be Japan's First Casino

With the certification of its area development plan, MGM Resorts International has full regulatory approval for its $10 billion integrated resort in Osaka. The approval from Japan's Ministry of Land, Infrastructure, Transport and Tourism allows the company's regional operations, MGM Resorts Japan, to move forward with its partners to finalize…

Industry ・ 17 April 2023

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MGM Resorts Japan close to finalizing $10B casino

LAS VEGAS (KLAS) - Japan approved a plan Friday to build its first casino, a $10 billion resort on the island of Osaka. According to MGM Resorts International, the approval paves the way for MGM Japan and its joint-venture partner ORIX Corporation to finalize agreements on construction. "It is an honor to be selected by the Government of Japan to…

Land-based ・ 15 April 2023

Review Journal

MGM Resorts approved to build casino resort in Osaka, Japan

MGM Resorts International has received official approval to build a casino resort in Japan. The company announced Friday that Japan's Ministry of Land, Infrastructure, Transport and Tourism has officially certified its Area Development Plan. "It is an honor to be selected by the Government of Japan to develop a tourism project of this scale," MGM…

Land-based ・ 15 April 2023

Firstpost

Japan is getting its first-ever casino. Why is everyone not on board?

Japan has given the nod to build the country's first casino in the western port city of Osaka. The gambling resort, which has divided the East Asian country, is scheduled to open in 2029. With the resort, Japan aims to lure domestic and global tourist spending. Prime Minster Fumio Kishida said the casino complex would "become a tourism base that…

Travel ・ 15 April 2023

Real Money

Japan Approves First Casino Resort in Win for MGM Resorts and Orix

The Japanese government on Friday approved the plan to build the country's first casino resort. The project is due to be developed on an artificial island in Osaka by Las Vegas-based MGM Resorts International (MGM) and its local partner, the Tokyo-based consumer credit company Orix Corp. (T:8591 and (IX)). Technically speaking, the winning idea has…

Travel ・ 14 April 2023

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The Japan Times

Osaka hits the jackpot in bid to become Japan’s first casino resort

Osaka on Friday won the right to host Japan's first casino resort, after the central government approved a plan that will bring gambling to the city's Yumeshima island in the latter half of 2029. During a government meeting on so-called integrated resorts, Prime Minister Fumio Kishida said he will award the license for casino gambling to the joint…

Travel ・ 14 April 2023

European Gaming

Singapore Gambling Regulatory Authority to Crack Down on Use of Crypto Assets

Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), announced it has no plans to legalise the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

Crypto ・ 14 March 2023

Asgam

Singapore gambling regulator flags crackdown on cryptocurrencies in online gaming space, complete ban for land-based casinos

Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), says it has no plans to legalize the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

Crypto ・ 13 March 2023

iGaming Business

Japan casino picture slowly coming into focus

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Politics ・ 09 March 2023

Skift

Las Vegas Sands Eyes Casino For NY's Long Island

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

Travel ・ 31 January 2023

Speedway Media

H2 What is An Online Japanese Casino and How Do They Actually Work?

When it comes to gambling, JPN residents don't have a lot of alternatives available to them. The only activities considered completely legal are betting on a select few sports events and the government's lottery. Still, there are several gray areas, such as Pachinko, gambling disguised as an entertaining activity. Although land-based casinos are…

Live Gambling ・ 30 January 2023

MarketBeat

Czech National Bank Takes Position in Las Vegas Sands Corp. (NYSE:LVS)

Czech National Bank purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38177 shares of the casino operator's stock, valued at approximately $1432000. A number…

Finance ・ 15 January 2023

Review Journal

Las Vegas Sands Corp. to build Long Island casino resort

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Land-based ・ 13 January 2023

MarketBeat

State of New Jersey Common Pension Fund D Decreases Stock Holdings in Las Vegas Sands Corp. (NYSE:LVS)

State of New Jersey Common Pension Fund D cut its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205785 shares of the casino operator's stock after selling 5204 shares during the quarter. State of New Jersey…

Finance ・ 13 January 2023

Yogonet

Las Vegas Sands reportedly exploring Nassau County as location for potential New York casino bid

Nevada-based casino and resort giant Las Vegas Sands is reportedly eyeing Nassau County for a potential casino application in New York, according to local media. The firm's interest in pursuing an opportunity in the Empire State follows a New York Gaming Facility Location Board vote on Tuesday that opened up the application process for three…

Law ・ 12 January 2023

FTN News

5 Casino Hotels for 2023 Travel Plans

Whether you are a casino tourist who travels to a location specifically to visit one or more casinos or just a leisure traveler who likes taking advantage of the entertainment and dining options offered by the casino, we bring five hotels to your attention for your 2023 travel plan. We select 5 hotels from 5 different locations. Las Vegas is a…

Travel ・ 12 January 2023

Yogonet

Sands joins downstate NY casino race with multi-billion dollar Long Island bid

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…

Travel ・ 12 January 2023

TipRanks

MLCO, MGM, or LVS: Which Casino Stock Could be the Best Bet in 2023?

Stocks of casino operators with exposure to Macau, an administrative region in China and a major gambling destination, have rallied recently on hopes of strong recovery following the easing of COVID-19 restrictions. Moreover, Macau granted new licenses to six casino operators in late 2022 for a period of ten years. Additionally, certain analysts…

Land-based ・ 11 January 2023

World Casino News

Cambodia executes fresh revenue-based tax model for casinos

From December 30, 2022, Cambodia's Ministry of Economy and Finance (MEF) began applying the latest revenue-based rules for taxes and procedures for commercial gambling business, aka casinos, to the self-proclaimed regime, after decades of applying a "lump sum" method of taxation, according to a senior official of the ministry. Decision on the…

Finance ・ 11 January 2023

MarketBeat

Las Vegas Sands Corp. (NYSE:LVS) Short Interest Update

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 18270000 shares, an increase of 7.5% from the November 30th total of 17000000 shares. Approximately 5.6% of the company's stock are sold short. Based on an…

Finance ・ 04 January 2023

GGRAsia

2023: maybe a reboot in Asia casino client profile

The'reopening' of China in terms of outbound travel for its citizens, after three years of stringent controls due to Covid-19 containment, will be a key factor in 2023 for the Asia Pacific casino sector, says a number of industry commentators spoken to by GGRAsia. Some mention not only what it might mean for Macau, after multiple quarters of low or…

Industry ・ 31 December 2022

Asgam

Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December

The amount to be paid to the Macau government by the concessionaires to "rent" the casinos back from the government under the new concessions - referred to as a "utilization fee" by SJM - should be known by the end of December. The interesting tidbit of information was revealed in a Sunday evening SJM Holdings filing on the Hong Kong exchange,…

Finance ・ 21 December 2022

Review Journal

Slot game developer Andrew Pascal embraces innovation

Andrew Pascal is no stranger to gaming - on multiple platforms. As founder and chief executive of PlayStudios, a developer of social and mobile casino games, it took years of experience in Las Vegas integrated resorts and forays in slot machine innovation for Pascal to ultimately form the company in 2011. Pascal's career follows the Las Vegas…

Industry ・ 20 December 2022

localprofile.com

Mark Cuban Wants To Build A Casino Resort In Dallas

Shark Tank star and Dallas Mavericks owner Mark Cuban is interested in opening a casino resort with an NBA arena for the team. Currently, casinos are not legal in Texas. According to Casino.org, Cuban pitched the idea for a multibillion-dollar integrated casino resort with space for a new Mavericks arena. The Las Vegas Sands, which operates…

Travel ・ 20 December 2022

Market Screener

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune Macau, Special Administrative Region of the People's Republic of China, (December 17, 2022) - Galaxy Entertainment Group (GEG) is pleased to announce that Galaxy Casino, S.A., a member of GEG, has been awarded a concession for operation of…

Travel ・ 18 December 2022

Best Stocks

Barclays Increases Las Vegas Sands (NYSE:LVS) Price Target to $57.00

Barclays' research analysts raised their price target for Las Vegas Sands (NYSE: LVS), raising it from $43.00 to $57.00 in a study published on Thursday. The Fly shared the information in their article. The company views the casino operator's shares as an "overweight" investment at present and for the foreseeable future. Compared to the price at…

Finance ・ 16 December 2022

Seeking Alpha

Japan is expected to announce in 2023 the location of its first casino resort

The long wait for legalized gaming in Japan could extend even further with the Ministry of Land, Infrastructure, Transport, and Tourism not confident it will be able to reach a final decision by the end of 2022 on proposals from the Osaka and Nagasaki prefectures for the location of the first integrated resort in the nation. The Osaka proposal is…

Travel ・ 13 December 2022

Vegas Slots Online

Opening of Nagasaki, Osaka Casino Resorts Facing Delays

The opening of casino resorts in Nagasaki and Osaka could now be delayed due to additional screening. [Image: Shutterstock.com] It seems the opening of casinos in the Japanese prefectures of Nagasaki and Osaka might have to wait a while longer than expected. On Thursday, Japan's land ministry said it seems unlikely that officials will decide on…

Land-based ・ 08 December 2022

Yogonet

Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"

Hotel and casino operator Wynn Resorts's Chief Executive Craig Scott Billings confirmed the group will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), a first for the Gulf Arab region, where gambling has long been off-limits. The casino, first announced in January, will be located on a man-made island off the…

Travel ・ 06 December 2022

Gambling News

Philippines’ Second Richest Man to Build New Casino Resort

One of the Philippines' richest people, Manuel Villar Jr, is planning to build a new integrated resort casino as the country's gambling industry is picking up. Villar Jr has chosen the sight of the Global South retail shopping complex as the new location, which he owes, thus sparing himself some of the technicalities around buying the land. He is…

Travel ・ 06 December 2022

iGaming Business

Macau misses casino concession jackpot

Macau's decision to keep its same six casino operators, rejecting Genting Malaysia's bid, comes as no surprise. Equally unsurprising, this concession re-tendering process is another squandered opportunity for the world's once and future leading casino hub. Macau has made stunning progress since the first concession awards in 2002. Breaking a losing…

Industry ・ 06 December 2022

The Jerusalem Post

Which country has the highest gambling losses?

Gambling has been around for centuries and has grown into an industry worth billions of dollars each year. It is an industry that is constantly expanding, with new casinos opening around the globe. Gambling has become a huge part of society, and it is an industry that rarely encounters failure. The most common method of gambling is online, and…

Gambling Addiction ・ 06 December 2022

Tekedia

Top 5 Largest Casino Operators in Canada

While most people associate casinos with Las Vegas or Atlantic City, several sites are located in Canada. They are run by various operators, each of whom is responsible for the casino's day-to-day operations. Operators in Canada must obtain a Canadian government license to operate the best gambling websites with the best no deposit casino…

Land-based ・ 01 December 2022

Devdiscourse

The Current Situation Surrounding Online Casinos Laws in Japan

The Japanese attitude toward gambling has always been complicated. There is still a sizable interest in reels and other casino games, both online and in traditional brick-and-mortar casinos, just as there is in many other regions of the globe. However, with a few exceptions like horse racing and pachinko, gambling is illegal under the law. We take…

Pachinko ・ 25 November 2022

MarketBeat

Las Vegas Sands Corp. (NYSE:LVS) Sees Large Growth in Short Interest

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 18570000 shares, a growth of 17.3% from the October 15th total of 15830000 shares. Currently, 5.7% of the shares of the company are sold short. Based on an average daily…

Travel ・ 14 November 2022

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Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas

Wynn Resorts have unveiled more details for the brand's upcoming Ras Al Khaimah resort, which will include a casino, according to a recent release. First announced back in January, Wynn Marjan will be the brand's first property the Middle East and will open in 2026. At the time of announcement, it was revealed that the multi-billion dollar resort -…

Travel ・ 11 November 2022

The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment's entrance into an…

Covid ・ 26 October 2022

The Box Hub

Fun Facts of Online Casino Singapore

The History of Casino in Singapore The Casino Control Act, the Gambling Control Act, and the Gambling Regulatory Authority of Singapore Act are three of the statutes that govern gambling in Singapore. To control gaming in Singapore, the Casino Regulatory Authority of Singapore (CRA) was reconstituted on August 1 to create the Gambling Regulatory…

Lottery ・ 22 October 2022

Sigma

Philippines shuts 214 illegal Chinese offshore gambling firms

The Philippine Justice Ministry confirmed it plans to discontinue operations of all illegal Chinese offshore gambling companies and has begun deporting the first of approximately 400 detained Chinese workers. Justice Ministry spokesperson Jose Dominic Clavano was cited by media as saying this "crackdown was triggered by reports of murder,…

Covid ・ 21 October 2022

Casino Guru

Las Vegas Sands posts third-quarter results

Global gaming, hospitality and entertainment giant Las Vegas Sands has revealed its financial results for the three-month period ended on September 30, 2021. Company CEO and chairman Robert G. Goldstein confirmed that the Las Vegas Sands faced a challenging quarter which was marked by the lasting impact from previous reporting…

Strategy Guide ・ 21 October 2022

Best Stocks

On Wednesday, Las Vegas Sands (LVS) will report its quarterly earnings.

Las Vegas Sands (NYSE: LVS) will release its results report for the prior quarter on Wednesday, October 19, after the stock market has closed. There is a general agreement among those who follow the market that Las Vegas Sands will report a loss of $0.20 per share for the third quarter. On July 20, Las Vegas Sands (NYSE: LVS) released their most…

Finance ・ 18 October 2022

The Motley Fool

Which of These Casino Stocks Is a Hotter Buy?

Casino-based resorts have certainly changed over the years. The word casino translates to "small house," and the first casinos were just that -- small, dimly lit gambling venues. Over time, casinos evolved into colossal resorts, complete with entertainment, convention facilities, luxury shopping malls, theme parks, pools, and fine dining. These…

Finance ・ 06 October 2022

InvestorsObserver

Developers and Billionaires Are Lining Up for the Chance to Operate a New York City Casino

As the development of a New York City casino inches closer towards reality, the race is on to secure a license. New York state voters authorized the creation of seven casinos in 2013, and four upstate facilities opened in the first phase. Now the second phase is underway, and licenses for three casinos in the New York City area will soon be open…

Land-based ・ 05 October 2022

Nigerian Tribune

Horse Racing at Online Casinos in Japan

In this article, we will look at those restrictions and discuss whether or not it is possible to bet on horse races at online casinos in Japan. One of the biggest questions many people have about Japan, especially considering how popular gambling is in the country, is "are online casinos legal in Japan?" There seems to be a misconception about this…

Sports ・ 03 October 2022

Casino.org

Top 5 Richest Casino Owners In Asia

In terms of gambling and casinos, the law changes greatly across the Asian continent. Some countries have strict anti-gambling laws while others proudly advertise their incredible casino complexes. The huge numberof people that live in and visit Asia has seen the demand for casinos in thecontinent to become massive. This has meant that the few…

Top and Best ・ 03 October 2022

Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Finance ・ 22 September 2022

Yogonet

Ontario: Mohegan launches new Fallsview Casino-branded online sportsbook and gambling product

Integrated resorts developer Mohegan has announced the launch of a new online gaming platform in Ontario, Canada. The brand's iGaming division, Mohegan Digital, will be launching the PlayFallsview mobile app, Fallsview Casino Resorts' online sportsbook and real-money online casino. The PlayFallsview product was developed in collaboration with…

Sports ・ 20 September 2022

US Gambling Sites

Will Japan Ever Legalize Gambling?

Japan has a very prominent gambling culture. That's despite most forms of betting being illegal in the nation. How could that be? Well, it's a strange one. I'll give you that. But with such demand for lifting restrictions on wagering on the East Asian Island, it's not a matter of will Japan ever legalize gambling; it's a matter of when. So, when…

Law ・ 08 September 2022

Malta Today

Thailand considers legalising casinos

Gambling has existed in various forms across the world throughout history, experiencing both tolerance and prohibition depending on the period of time and locality. Since the 1930s, Thailand's relationship with gambling of all kinds has been tense. The first half of the 20th century saw the country pass the 1935 Gambling Act, prohibiting all forms…

Travel ・ 03 September 2022

Casino Guru

Jamul Casino names Scott Lake chief marketing officer

San Diego's newest and most genuinely entertaining casino, Jamul Casino, announced a management-level appointment on Monday. The company revealed it hired the services of Scott Lake to serve as its new Chief Marketing Officer (CMO). As CMO, Lake will be in charge of the venue's marketing activities. In a statement released on August 29, 2022, Lake…

Industry ・ 02 September 2022

Seeking Alpha

Las Vegas Sands: Prudent Move Here Is To Take Some Profits

The purpose of this article is to discuss Las Vegas Sands Corp. (NYSE:NYSE: LVS) as an investment option at its current market price. The company is a developer and operator of integrated resorts that feature luxury hotels, gaming, retail, dining and entertainment, catering to both tourists and business clients. Premier locations exist in Singapore…

Covid ・ 02 September 2022

The Manila Times

Integrated resorts in PH seeks global recognition

IT is more than gaming, but a complete value-laden experience. This is what all world-class integrated resort operators aim for as the Philippine gaming industry seeks to attain global recognition. As a patron enters the casino resort, for every second that you invest in the experience, a patron is rewarded and recognized with resort-wide perks and…

Travel ・ 30 August 2022

The Diplomat

Should Cambodia Ban Casinos?

To quickly answer the question posed in my headline: not yet. But the Cambodian government needs to at least put this possibility on the table, to set a fire under the feet of the casino owners. A statement must be made by Phnom Penh that casinos have less than 12 months to turn the current dire situation around. If they fail, then regular gambling…

Covid ・ 30 August 2022

Gambling News

Japan Casino Academy Shutters Amid Lack of Demand from Students

The flicking of cards and learning the basics of live casino etiquette will no longer be an option at the Japan Casino Academy, a professional school for croupiers which opened its doors in Japan in 2018 in anticipation of the arrival of Las Vegas-style casino resorts in the country. Graduates from the school could today shuffle, size, and cut card…

Travel ・ 29 August 2022

iGaming Brazil

G2E Asia: Executives Highlight Importance of Using Data to Maximize Profits in Casinos

At a G2E Asia panel, casino industry figures discussed the importance of collecting, processing and using data to optimize profits from within hotel ventures such as integrated resorts. While it is a growing trend as technology advances, the use of data to drive business growth has rapidly accelerated as integrated resorts adapt to the…

Covid ・ 26 August 2022

Defense World

ProShare Advisors LLC Has $2.92 Million Position in Las Vegas Sands Corp. (NYSE:LVS)

ProShare Advisors LLC lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74932 shares of the casino operator's stock after selling 1803 shares during the period. ProShare Advisors LLC's…

Finance ・ 25 August 2022

European Gaming

APE Brings Jumbo’s Awarded Product to the Casino Gaming Floor of a Macau Integrated Resort

Asia Pioneer Entertainment Holdings Limited ("APE" or the "Company", with its subsidiaries collectively referred as the "Group"; Stock Code: 8400.HK) is thrilled to have brought its distribution partner Jumbo Technology Ltd ("Jumbo"), a Taiwan electronic gaming equipment manufacturer, with their awarded product D-27 slot cabinet with "Long Yi Fa"…

Land-based ・ 23 August 2022

Defense World

Huntington National Bank Has $126,000 Stake in Las Vegas Sands Corp. (NYSE:LVS)

Huntington National Bank increased its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 25.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3240 shares of the casino operator's stock after buying an additional 655 shares during the…

Finance ・ 23 August 2022

Gambling Insider

APE brings D-27 slot cabinet to casino floor of Macau IR

Asia Pioneer Entertainment (APE), along with its distribution partner Jumbo Technology, has brought its D-27 slot cabinet to the casino gaming floor of one of the biggest integrated resorts (IR) in Cotai, Macau. The D-27 slot cabinet, which features the progressive jackpot link "Fortune Treasure" and "Golden Horse Treasure," contains a 27-inch dual…

Trust and Safety ・ 23 August 2022

Asgam

Asia Pioneer installs Jumbo’s Long Yi Fa progressive link on Cotai casino floor

Macau-based gaming equipment distributor Asia Pioneer Entertainment Holdings Ltd says it has recently brought Jumbo Technology's D-27 slot cabinet with the Long Yi Fa progressive jackpot link to the gaming floor of one of Cotai's largest integrated resorts. Although it has not named the IR in question, APE said the Long Yi Fa installation includes…

Winnings ・ 23 August 2022

Defense World

Bank of Nova Scotia Sells 7,598 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Bank of Nova Scotia reduced its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 11.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58009 shares of the casino operator's stock after selling 7598 shares during the quarter. Bank of Nova…

Travel ・ 18 August 2022

Gambling Insider

Singapore appoints new regulator to broaden gambling scope

Singapore has officially brought together and inaugurated its new Gambling Regulatory Authority (GRA), which will take over from the old Casino Regulatory Authority. The new regulator will now have control over a range of gambling services within the island nation - including lotteries, casinos, sport betting and loot boxes in online video…

Law ・ 16 August 2022

The Straits Times

Gambling Regulatory Authority inaugurated in S'pore as new products emerge

SINGAPORE - A central body that aims to stay ahead of new and global trends, and respond more adequately to emerging gambling products, was inaugurated on Tuesday (Aug 16). The Gambling Regulatory Authority (GRA) will regulate a sweeping range of gambling services, including those offered in casinos and lotteries, as well as sports betting and loot…

Law ・ 16 August 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank decreased its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 9.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170262 shares of the casino operator's stock after selling 17437 shares during the quarter.…

Travel ・ 15 August 2022

Defense World

Scotia Capital Inc. Has $437,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

Scotia Capital Inc. trimmed its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 22.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11242 shares of the casino operator's stock after selling 3219 shares during the quarter. Scotia…

Travel ・ 15 August 2022

MarketBeat

Short Interest in Las Vegas Sands Corp. (NYSE:LVS) Decreases By 20.9%

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 17560000 shares, a decrease of 20.9% from the July 15th total of 22190000 shares. Based on an average daily volume of 7110000 shares, the short-interest ratio is currently 2.5 days.…

Strategy Guide ・ 13 August 2022

iGaming Business

Tipping point: Land-based casinos and local reach

While there are clear differences to how casinos run in different parts of the world, they each have a common goal - to attract, entertain and retain customers. The Covid-19 pandemic wreaked havoc on the casino industry. According to a report from the European Casino Association earlier this year, casinos in Europe were shut for an average of 150…

Land-based ・ 11 August 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 11.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56174 shares of the casino operator's stock after buying an…

Travel ・ 10 August 2022

Defense World

Advisor Group Holdings Inc. Grows Position in Las Vegas Sands Corp. (NYSE:LVS)

Advisor Group Holdings Inc. boosted its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 42.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96303 shares of the casino operator's stock after acquiring an additional 28932 shares during the quarter. Advisor Group Holdings…

Finance ・ 07 August 2022

Defense World

Stephens Inc. AR Takes Position in Las Vegas Sands Corp. (NYSE:LVS)

Stephens Inc. AR purchased a new stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) during the 1st quarter, HoldingsChannel reports. The fund purchased 15423 shares of the casino operator's stock, valued at approximately $599000. Several other hedge funds also recently modified their holdings of the company. Mutual of America Capital…

Travel ・ 03 August 2022

Defense World

Comerica Bank Sells 5,069 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Comerica Bank lowered its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 14.8% in the 1st quarter, HoldingsChannel reports. The firm owned 29227 shares of the casino operator's stock after selling 5069 shares during the quarter. Comerica Bank's holdings in Las Vegas Sands were worth $1125000 at the end of the most recent…

Finance ・ 28 July 2022

Gambling News

Macau’s Casinos & Malls, Long Recovery Road Ahead After Grand Reopening

Following the end of the most recent anti-pandemic restrictions imposed on non-essential businesses in Macau at the beginning of the month, the territory's casinos and malls are ready to receive customers once again. Unfortunately, limitations and restrictions still exist and the venues resemble ghost towns. Home to more than a dozen worldwide…

Travel ・ 25 July 2022

Defense World

Daiwa Securities Group Inc. Has $1.03 Million Stake in Las Vegas Sands Corp. (NYSE:LVS)

Daiwa Securities Group Inc. grew its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 29.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26604 shares of the casino operator's stock after buying an additional 6031 shares during the…

Travel ・ 24 July 2022

Defense World

Truist Financial Corp Raises Stock Position in Las Vegas Sands Corp. (NYSE:LVS)

Truist Financial Corp raised its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 35.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23805 shares of the casino operator's stock after purchasing an additional 6229 shares during the…

Finance ・ 24 July 2022

Review Journal

Las Vegas slot game developer embraces innovation

Andrew Pascal is no stranger to gaming - on multiple platforms. As founder and chief executive of PlayStudios, a developer of social and mobile casino games, it took years of experience in Las Vegas integrated resorts and forays in slot machine innovation for Pascal to ultimately form the company in 2011. Pascal's career follows the Las Vegas…

Software ・ 24 July 2022

Defense World

Avantax Advisory Services Inc. Buys New Position in Las Vegas Sands Corp. (NYSE:LVS)

Avantax Advisory Services Inc. bought a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6965 shares of the casino operator's stock, valued at approximately $269000. A number of other institutional investors…

Travel ・ 21 July 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC trimmed its position in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 81.6% in the first quarter, Holdings Channel.com reports. The firm owned 18151 shares of the casino operator's stock after selling 80412 shares during the period. Kestra Advisory Services LLC's holdings in Las Vegas Sands were worth…

Travel ・ 20 July 2022

Defense World

Las Vegas Sands Corp. (NYSE:LVS) Stock Holdings Lowered by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. reduced its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 831711 shares of the casino operator's stock after selling 5789 shares during the quarter.…

Finance ・ 17 July 2022

Defense World

Oregon Public Employees Retirement Fund Lowers Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Oregon Public Employees Retirement Fund reduced its stake in shares of Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 1.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27607 shares of the casino operator's stock after selling 350 shares…

Jobs ・ 13 July 2022

KTNV Las Vegas

Las Vegas reacts to new Raiders president

LAS VEGAS (KTNV) - Sandra Douglass Morgan was named President of the Las Vegas Raiders by Owner Mark Davis on Thursday. Las Vegas has a lot to say after the team introduced the first Black female team president in NFL history. Morgan is a graduate of the University of Nevada-Las Vegas' William S. Boyd School of Law and the University of Nevada,…

Incidents ・ 08 July 2022

Gambling News

Aquis Gets Third Offer for Casino Canberra

A third offer has come in for Aquis Entertainment's Canberra casino amounting to AUD 60 million ($41 million). The bid was submitted by Iris CC Holdings, which outbid the two offers by Capital Leisure & Entertainment Pty Ltd., a subsidiary of Oscars Group. In May, Aquis agreed on a share purchase deal with Capital Leisure, which would see Aquis…

Travel ・ 07 July 2022

European Gaming

Overview of Online Casino Industry in Asian Markets in 2022

The Asian gambling market has accelerated since Covid 19 first opened residents' eyes to online gambling. However, two years later, Asians are still limited in their online gambling pursuit for fun and profit due to the government's heavy sanctions on online gambling. Many offshore online casinos have noticed this untapped opportunity and are…

Industry ・ 07 July 2022

Defense World

Wedbush Securities Inc. Sells 3,980 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Wedbush Securities Inc. lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 35.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 7282 shares of the casino operator's stock after selling 3980 shares during the period. Wedbush Securities Inc.'s holdings in Las Vegas Sands were worth $283000 at the end of the…

Travel ・ 06 July 2022

Defense World

Las Vegas Sands (NYSE:LVS) Price Target Cut to $56.00

Las Vegas Sands (NYSE:LVS - Get Rating) had its price objective lowered by Citigroup from $57.00 to $56.00 in a research note released on Tuesday morning, The Fly reports. The brokerage currently has a buy rating on the casino operator's stock. LVS has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft lowered…

Travel ・ 06 July 2022

MarketBeat

Citigroup Cuts Las Vegas Sands (NYSE:LVS) Price Target to $56.00

Las Vegas Sands (NYSE:LVS - Get Rating) had its target price reduced by Citigroup from $57.00 to $56.00 in a research report issued to clients and investors on Tuesday, The Fly reports. Citigroup's price target points to a potential upside of 58.73% from the stock's current price. A number of other equities analysts also recently issued reports on…

Incidents ・ 05 July 2022