Casino Destinations

Destiny of Southside Richmond Casino to Be Decided on Referendum, Court Rules

Vanja Mitic
Virginia, Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casino project updates, Fines, Lawsuits & Litigation
The Richmond drama doesn’t seem to be over soon, according to the recent news. After a series of disagreements and different opinions among interested parties, a Richmond Circuit Court decided to hear different...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Reviews from the Cotai Strip, Casino News, China, World Casino News, Casino reviews from Macau, Casino Cheating, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Conspiracy, Crime, Financial Fraud
On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...

Macau Jockey Club To Reportedly Host Its Final Race This Saturday

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Horse Racing, Casino News, Casino reviews from Macau, World Casino News, Casino expansion projects, Casino closures, Gaming Industry News, Economy/Finance, Horse Racing, Asian Casino News, Macau, Labor Relations
Recently, reports surfaced that the fate of horse racing in Macau could be in jeopardy as signs indicate that the "Macau Jockey Club (MJC) will soon lose its right to run racing in the SAR." However, nothing is...

SJM Holdings Experiences 241% Year-Over-Year GGR Growth

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Casino moguls, Economy/Finance, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of HK$5.66 billion, approximately US$722 million, for the three months to June 30th, 2023, ...

Despite the Opposition the Rockingham County Commissioners Approve Rezoning of the Area, New Casino Might Be Built

Vanja Mitic
Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Employment & Careers, Fines, Lawsuits & Litigation, North Carolina
The gambling industry in North Carolina is going through some major changes right now. While the General Assembly discusses a possible huge expansion of the gambling industry in the state, the residents of Rock...
philippines

Second Richest Man in Philippines Builds Two New Casinos in Manila Region

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines
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Vertex Entertainment and Resort Corp, owned by the second richest man in the Philippines, according to Forbes, is planning to open two new casinos in Manilla. The casinos are part of a bigger project, a huge re...

OKBet Unexpectedly Halts Operations; Shuts Down Every VIP Room In Philippines

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Casinos of the Philippines, Hong Kong, Money Laundering, Asian Casino News, Online Gambling News, Crime, Philippines, Singapore
OKBet Infinity Inc, a flagship online gaming and junket operator, has halted its operations along and shut down its VIP rooms in the Philippines without prior notice. Decision made by the Board of Directors:...

PAGCOR Privatization Expected to Bring $1.1Billion to the Philippines; POGOs Facing License Revocation

Radosav Milutinovic
Casino Sales, Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Unlicensed Operation, Asian Casino News, Online Gambling News, Taxation, Philippines
The privatization of a chain of the state-owned casinos proposed by Pagcor's Chairman and CEO Alejandro Tengco and approved by the Philippine President Ferdinand Marcos Jr is expected to raise PHP60 billion (US...

PAGCOR Seeking Privatization By 2025 To Split Regulator and Operator Roles

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, World Casino News, Casinos of the Philippines, Gaming Industry News, Online Gambling News, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) is undertaking efforts to privatize 45 of its casinos by the third quarter of 2025, as reported by CNN. As the regulator's chair announced during the nat...

New Hotel-Casino Construction Project In Manila Arrives At Roof Level

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, New Hotels, Gaming Industry News, Casino project updates, Casinos of the Philippines, Economy/Finance, Asian Casino News, Philippines
In its second quarter 2023 earnings report submitted with the Philippine Stock Exchange on August 14, Suntrust Resort Holdings Inc. the company listed behind the new Philippines US$1.1 billion casino and hotel ...

Wynn Resorts Reduces WynnBET Operations To Focus On Cost Reduction

Radosav Milutinovic
Virginia, Tennessee, Las Vegas, Casino Destinations, Online gaming software, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Arizona, Gaming Industry News, Mobile gaming, Economy/Finance, Colorado, Licensed online casinos in USA, Online Gambling News, Sports betting, Indiana, Louisiana, Massachusetts, Michigan, Nevada, New Jersey, New York, West Virginia
Wynn Resorts, one of the world's leading casino operators, has decided to close its online WynnBET gambling facilities in eight U.S. states. According to the company, the online sports betting and iGaming platf...

Ellinikon Mega Casino Project Put On Hold As Banks Ask For Additional Investments

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, European Casino News, Online Gambling News, Greece
The development of a mega casino project in Ellinikon, Greece, projected to make around  EUR 6 billion over 30 years is facing difficulties. As reported by the Greek City Times (GCT), the investors Hard Rock an...