Casino Destinations

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...

Mohegan Recruiting Ahead of the Inspire Resort December Launch in South Korea

Radosav Milutinovic
Tribal Gaming, Tribal Gaming, U.S.A., Casino Destinations, Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, New Hotels, Casino openings, Gaming Industry News, Casino project updates, Connecticut, Online Gambling News, Asian Casino News, South Korea
The US gaming operator and integrated resort developer, Mohegan Gaming and Entertainment, held a recruitment event on June 20, 2023 in southern Seoul to make the first selections for its Inspire Entertainment R...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

Radosav Milutinovic
Casino Sales, Gaming Law & Legislation, Poker Law, Casino Destinations, Australia, Latest Casino and Gambling News, Casino News, World Casino News, New Hotels, Gaming Industry News, Money Laundering, Economy/Finance, Poker, Tax Evasion, Taxation, Online Gambling News, Oceania Casino News, Fines, Lawsuits & Litigation
The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Philippines
On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

Macau Legend Sells Savan Legend Casino To Focus On Macau Business

Marija Malenovic
Laos, Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Macau, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Taxes
Recently, Macau Legend Development Ltd., the investment holdings company that owns the Macau Fisherman’s Wharf zone and manages the Legend Palace satellite casino, announced that it has struck an initial agreem...

Macau Tax Revenue Increases 15% in May, Contributes 79% to Total Region’s Income

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Financial Press Releases
Inside Asian Gaming reports that the Macau government collected MOP$5.7 billion (US$706 million) in gaming tax revenue in May 2023. The source also transfers the data from the Financial Services Bureau reportin...

Success Universe Group To Renovate Floating Casino Macau Palace In Its Future Expansion

Marija Malenovic
Casino News, Casino Cruise Ships, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Casino expansion projects, Hong Kong, Gaming Industry News, Asian Casino News, Macau
Success Universe Group, the investor and operator of Macau's Ponte 16 casino, revealed on June 9th that it's currently in the midst of discussions with the government about its future expansion plans, which wil...

Pagcor Bans New Offshore Operators After Recent Misconduct Warning

Radosav Milutinovic
Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Licenses, Asian Casino News, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
Following the recent gaming license, and provisional accreditation cancellations of offshore gaming hubs in the Clark Freeport Zone by the Philippine gaming regulator, the Clark Development Corporation (CDC) ha...

Blackstone Planning Extensive Investments to Upgrade Crown Melbourne Resorts

Radosav Milutinovic
Australia, Casino News, Latest Casino and Gambling News, Las Vegas, Casino Destinations, World Casino News, Casino expansion projects, Casino project updates, Gaming Industry News, Money Laundering, Oceania Casino News, Fines, Lawsuits & Litigation
Following the recent $9 billion acquisition of the Crown Resorts, the New York-based real-estate giant Blackstone is planning a major investment in the the casino and hotel operations in the Melbourne site to m...

Macau Gaming-Related Crime Rate Increased 24% in Q1 2023

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, World Casino News, Casino Cheating, Casino reviews from Macau, Gaming Industry News, Asian Casino News, Macau, Crime, Financial Fraud
The Office of the Secretary for Security of Macau presented the statistics indicating that the popular gaming destination recorded 158 cases of crime related to gaming operations in the first quarter of 2023. T...

Montreal Casino Staff Announces Strike Ahead of Formula 1 Event

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Employment & Careers, Quebec, Labor Relations
More than 1,000 Montreal casino employees have announced a five-day strike to speed up the wage negotiations with the employer Loto-Quebec that commenced in June 2022. According to Montreal Gazette, the custome...

Galaxy Entertainment, MGM Resorts International To Reportedly Expand Into Thailand And UAE

Marija Malenovic
United Arab Emirates, Latest Casino and Gambling News, Casino Destinations, Casino proposals, Casino News, Gaming Law & Legislation, U.S.A., Las Vegas, World Casino News, North America Casino News, Casino expansion projects, New Hotels, Casino openings, Casino reviews from Macau, Hong Kong, Gaming Industry News, Middle East Gaming News, Macau, Asian Casino News, Thailand
As reported by Bloomberg News, Hong Kong-based Galaxy Entertainment Group Ltd. and Las Vegas-based MGM Resorts International, two leading giants in the iGaming industry, are currently exploring opening casino r...