Thursday, October 29, 2020
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Michael Penn

437 ARTICLES
IPI hotel construction hits a wall

IPI hotel construction hits a wall

The Commonwealth of the Northern Mariana Islands Department of Public Works (DPW) has informed Imperial Pacific International (IPI) that its hotel and casino project in Garapan, Saipan, is in violation of the Building Safety Code and must come to an immediate halt.
Primorye celebrates casino development as NagaCorp construction stalls

Primorye celebrates casino development as NagaCorp construction stalls

Deputy Prime Minister of Primorye Konstantin Shestakov celebrated the results of casino development in the Russian Far East on Friday, even as he revealed that construction at the NagaCorp facility was suspended over the Covid-19 impact.
Crown Resorts

Packer protects Crown board from shareholder ire

Billionaire James Packer used his 36 percent share to protect the board of Crown Resorts and to largely save it from immediate accountability in the face of the dissatisfaction of many smaller shareholders.
LVS provides Singapore surprise

Despite losses, LVS says recovery is well underway

Las Vegas Sands put a positive spin on the future outlook as it reported another quarter of heavy losses triggered by the Covid-19 pandemic.
Akimoto heading for rearrest in bribery scandal

Does Japan IR process invite misfortune?

Every nation that hosts casinos or IRs develops their own set of regulations to govern the industry, but did Japan just happen to throw together a jumble of elements into the mix that has actively invited misfortune?
Victoria gaming regulators under increased scrutiny

Victoria gaming regulators under increased scrutiny

While it may be the executives of Crown Resorts that are squirming in their chairs under questioning these past weeks at the Sydney probity hearings, the revelations are also casting a harsh light upon the failures of the regulators in a neighboring state, the VCGLR.
AUSTRAC probe raises the stakes for Crown Resorts

AUSTRAC probe raises the stakes for Crown Resorts

What began with some bad news headlines, then developed into a special probity hearing in New South Wales, and has now become a full-scale governance crisis for Crown Resorts, with the newly announced Australian Transaction Reports and Analysis Centre (AUSTRAC) investigation posing a particular threat.
Hayashi IR

Yokohama mayor gives first nod to democracy

Yokohama Mayor Fumiko Hayashi has, for the very first time, acknowledged that the people of her city might actually have a voice in whether or not to build a major IR along the coastline.
Crown Resorts heads toward contentious AGM

Crown Resorts heads toward contentious AGM

As the new week dawns, our attention remains focused on Crown Resorts, which holds its AGM after yet another week of devastating testimony at the NSW Independent Liquor and Gaming Authority (ILGA) probity inquiry.
Interview with Tina Sablan: Regulators dropped the ball on

Interview with Tina Sablan: Regulators dropped the ball on IPI [video]

Democratic Representative in the Northern Marianas Legislature, Tina Sablan, believes that CNMI regulators dropped the ball on IPI.

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Puducherry government urges blanket ban on online gambling

Puducherry government urges blanket ban on online gambling

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Australia turns up the heat on gambling companies

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Macau inward investment jumped 168% in 2019

Information from the Statistics and Census Service shows that inward direct investment flows into Macao jumped by 167.8 percent year-on-year to MOP 53.99 billion ($6.7 billion) in 2019. Analysed by industry, inflows of direct investment in the Gaming sector and Financial Activities totalled MOP 43.31 billion and MOP 8.52 billion respectively.

Sikkim/Goa casinos to open from Nov. 1

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