Casino moguls

Wynn Resorts Secures $2.4 Billion for Landmark Resort Development in UAE

Wynn Resorts has successfully secured a substantial $2.4 billion construction facility to fund the development of its much-anticipated Wynn Al Marjan Island, the first integrated resort to be built in the Unite...

Virginia Casinos See Big Revenue Gains in 2024, Led by Rivers Casino Portsmouth

In 2024, Virginia’s three casinos posted impressive gains, with a total of nearly $732 million in adjusted gaming revenues (AGR), marking an almost 32% increase from the previous year. The state's gambling sect...

Launch Date for New Solaire Puerto Azul IR Project in Cavite Clarified by Bloomberry

In a strategic move to broaden its hospitality and gaming empire, Bloomberry Resorts Corp has unveiled plans to develop its third Solaire-branded integrated resort, to be located in the picturesque setting of P...

Evolution Boosts US Strategy with Galaxy Gaming Acquisition

In a significant strategic move, Evolution has finalized plans to acquire Galaxy Gaming for an estimated $85 million, marking a pivotal step in its expansion strategy into the U.S. market. This acquisition is s...

Andrew Lo Appointed President of Suntrust Resort Holdings Inc, Succeeding David Chua

Suntrust Resort Holdings Inc. has named Andrew Lo Kai Bong its new president following David Chua Ming Huat's sudden departure. This leadership transition was announced in a filing to the Philippines Stock Exch...

MGM China Plans Expansion of MGM Cotai with New Hotel Rooms and Wellness Services

MGM China Holdings Ltd, a majority-owned subsidiary of MGM Resorts International and the Macau-based casino operator, is actively pursuing expansion plans for its flagship property, MGM Cotai. The company has b...

Newport World Resorts Hits Newest Yearly High in GGR for 2023; Non-Gaming Income up 40%

It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...

Bally’s Corporation Rejects Acquisition Bid to Focus on Chicago and Online Casino Operations

Following the closure of the landmark Tropicana Las Vegas casino 2 April 2024, the owner Bally’s Corporation is looking for the best option to focus its operating strategy in the near future. In the circums...