Casino Destinations

Macau Gaming Shares Are Trading at Their Lowest Levels In December Since Prior To January 8 Reopening

Industry analysts stay puzzled by the descending trajectory of gaming shares in Macau, which this month, or December, officially fell to their worst levels so far in 2023. In addition, neither the income nor th...

Paradise Co Reached US$34 Million In Revenues in February 2023 to Nearly Double 2022 Figures

Paradise Co Ltd, one of the leading South Korean casino operators, recently filed a financial report to the Korea Exchange (KRX) to confirm that the casino generated more than KRW44.67 billion (US$34.0 million)...

Federal Council Issues Four Licenses in Zurich, St. Gallen, Pfäffikon, and Winterthur to Swiss Casinos

The Swiss Casinos got four new licenses issued by the Federal Council. The licenses are issued for the casinos in Zurich, St. Gallen, Pfäffikon, where the online license is also included, and Winterthur.  Th...

A $2.2 Billion Casino Resort Proposed For Northern Vietnam to Allow Local Gambler Admissions

The Vietnamese Ministry of Planning and Investment has served a report to the Prime Minister for another integrated resort that will allow gambling activities to local population. The Ministry has reportedly pr...

Philippine Gaming Industry Generates US$1.24 Billion in Q3 2023 to Exceed Prepandemic Levels

Gross gaming revenues of the Philippine gaming industry reached the level of Php68.8 billion (US$1.24 billion) in the third quarter of 2023. The figure reportedly represents a 20.1% increase when compared to th...

Tulalip Resort Casino Celebrates 20th Anniversary; Announces Property Renovation and Expansion

Tulalip Resort Casino, the landmark property of the Tulalip Tribes of Washington, has made public its preliminary plans to renovate and expand the casino resort. As reported, the renovation of the 192,000-squar...

Newport World Resorts To Launch Table Games For PIGO Clients

The owner of Newport World Resorts, located in Manila, Philippines, plans to extend its operations under the license of the Philippine Inland Gaming Operator (PIGO). The expansion involves new table games that ...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Kenosha City Council Grants the Preliminary Approval to Menominee Indian Tribe’s Wisconsin Casino

The Menominee Indian Tribe's Kenosha casino in Wisconsin is about to be constructed, and after the meeting of the Kenosha City Council, the agreement with the tribe is finally approved.  The construction of ...

Genting Singapore Increases Profit By 60% and Invests $5 Billion In the Resorts World Sentosa Expansion

Casino operator Genting Singapore Ltd reports about the sustained recovery in the region as the company generated almost SGD690.0 million (US$507.1 million) in gross gaming revenues in the third quarter of 2023...