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AGB Launches First Mekong Gaming Summit

The first edition of the Mekong Gaming Summit, a two-day conference organized by Asia Gaming Brief and focused on gaming developments across the region, kicks off today in the bustling city of Phnom Penh, Cambodia.

Cambodia Moves to End Online Gambling

Cambodia will no longer issue licenses to online gambling businesses, and all existing licenses will not be renewed when they are expired, Prime Minister Hun Sen said in a directive on Sunday.

NagaWorld to Become Largest Riverine IR in Mekong

Hong Kong-listed NagaCorp on Sunday shared further details around its US$3.5 billion Naga 3 expansion plan.

Cambodia Casino Growth Could Threaten Genting Malaysia

Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.

Cambodia Upgrades Anti-Money Laundering Efforts

The Cambodian government has announced a new working group and action plan aimed at cracking down on money laundering in the nation.

Chinese Own As Much As 90% of Businesses in Sihanoukville

As many as 90% of businesses in Sihanoukville are owned by Chinese nationals, according to a report from Preah Sihanouk provincial authorities.

AGB Receives Government Endorsement for Mekong Gaming Summit

Asia Gaming Brief is delighted to announce that it has received official endorsement from H. E. Academician General Aun Pornmoniroth, deputy prime minister and minister of economy and finance of Cambodia, for its hotly anticipated Mekong Gaming & Hospitality Investment Summit.

Legislation to Spur Investment

Cambodia is seen as one of hottest casino markets in the region and the government in Phnom Penh is expected to introduce long-delayed legislation to regulate the industry.

Morgan Stanley: New Bond Offering Will Help NagaCorp

Cambodia’s NagaCorp is set to become a key beneficiary of booming Chinese outbound tourism, and its recent note issue will support future growth, say Morgan Stanley analysts.

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Casino Legislation Remains Deeply Unpopular

Among Japanese lawmakers, dominated by conservative political parties, there is strong support for passage of the IR Implementation Bill in the current Diet session, but the latest poll by the Kyodo News agency shows that the legalization of casino gambling remains deeply unpopular with the public at large.

Sega Sammy’s Haruki Satomi Speaks of IR Ambitions

Haruki Satomi, president and COO of Sega Sammy Holdings, as well as the son of company founder Hajime Satomi, was interviewed on CNBC on May 4, speaking of his company’s IR ambitions.

EY Wins Wakayama RFI Consulting Contract

On Thursday, the Wakayama Prefectural Government announced that it had selected the auditing firm EY to conduct its RFI process with IR operators.

Bloomberry Resorts Eyes Wakayama IR Bid

Philippines-based Bloomberry Resorts, the operator of the Solaire Resort in Manila, was an early mover on seeking an IR license in Japan, and their main interest appears to have converged on Wakayama’s Marina City location.

Wynn Resorts Appoints First Sustainability Officer

Wynn Resorts has announced the appointment of Erik Hansen as the company’s first Chief Sustainability Officer.