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Galaxy Entertainment Founder Dr. Lui Che Woo Passes Away, Leaving Behind a Lasting Legacy

November 12, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Employment & Careers, Asian Casino News

Galaxy Entertainment Group (GEG) announced the peaceful passing of its founder and Chairman, Dr. Lui Che Woo, on November 7, 2024, at the age of 95. Dr. Lui's death marks the end of an era for the company he be...

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

Vanja Mitic

September 12, 2024

Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Casinos of the Philippines, Casino moguls, Philippines

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...

Universal Entertainment Moves to Oust Former CEO Jun Fujimoto, Elect Tomohiro Okada as Director

Vanja Mitic

August 21, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Employment & Careers, Japan, Asian Casino News, Labor Relations

Universal Entertainment, the parent company of Okada Manila, has announced significant leadership changes, signaling a new chapter in its corporate governance. The company has called for an Extraordinary Genera...

Forbes 2024: Philippines’ Richest Shifts with Casino Tycoons on Top

Vanja Mitic

August 8, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Casino moguls, Employment & Careers, Philippines

In the latest annual compilation by Forbes, several figures from the gaming industry have made significant moves on the list of the Philippines’ 50 Richest, with Enrique K. Razon Jr., Chairman and CEO of Bloomb...

Evolution Boosts US Strategy with Galaxy Gaming Acquisition

Vanja Mitic

July 19, 2024

Latest Casino and Gambling News, U.S.A., Online gaming software, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Casino moguls, Online Gambling News, Mergers, Acquisitions & Partnerships

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

Vanja Mitic

July 16, 2024

Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino moguls, Employment & Careers, Asian Casino News, Labor Relations, Philippines

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...

Bally’s Secures Funding for $1.7 Billion Chicago Casino Complex

Vanja Mitic

July 14, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Casino project updates, Casino moguls, Economy/Finance, Illinois

One week after acquiring the Freedom Center printing plant, Bally’s secured financing to build a $1.7 billion casino complex on the 30-acre River West site. The company announced a deal with Gaming and Leisure ...

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

Vanja Mitic

June 20, 2024

Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, New Hotels, Casino expansion projects, Casino project updates, Gaming Industry News, Casino moguls, Macau

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...

Melco Partners with John Keells to Open First Integrated Resort in Sri Lanka

Vanja Mitic

May 1, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Casino moguls, Sri Lanka

Melco Resorts & Entertainment Limited joined forces with John Keells Holding PLC to construct a new integrated resort in Colombo, Sri Lanka. It is estimated that the resort will cost more than US$1 billion....

Crown Sydney Casino to Retain License, NSW Regulator Declares

Vanja Mitic

April 23, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Money Laundering, Casino moguls, Licenses, Licensing, Fines, Lawsuits & Litigation

Crown Sydney has proven itself suitable for holding the license after three years of hard work. The authorities declared its business changed, and the company gained the license for its casino once again. St...

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

Marija Malenovic

April 16, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Financial Press Releases, Philippines

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...

NagaCorp’s Casino Gross Gaming Revenue Rose by 23.7% in Q124

Marija Malenovic

April 5, 2024

Cambodia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Financial Press Releases

NagaCorp Ltd., the biggest leisure, gaming and hotel operator based in Cambodia, has announced excellent results in terms of gross gaming revenue for the first quarter of this current year. Profit grew by 23.7%...

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

Radosav Milutinovic

April 3, 2024

Casino Sales, Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Mobile gaming, Casino moguls, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News

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...

Las Vegas Sands Propels Petition to Legalize Gambling in Texas; Bill Proposal Needs to Clear House and Senate

Radosav Milutinovic

April 1, 2024

NFL, U.S.A., Las Vegas, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Casino project updates, Casino moguls, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Texas

The Texas Destination Resort Alliance (TDRA) has filed a petition to legalize gambling in the Lone Star State to try to put an end to the uncertainty of the long-time pending legislative issue. The gambling bil...

888 Holdings Signs Purchase Agreement to Sell Select US B2C Assets to Hard Rock Digital

Marija Malenovic

March 28, 2024

Casino Sales, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, European Casino News, Florida, Gibraltar

888 Holdings, the London-listed firm, has officially completed its strategic consideration of its American B2C operations. The outcome of the deliberation was that the firm came to the agreement to sell chosen ...

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Galaxy Entertainment Founder Dr. Lui Che Woo Passes Away, Leaving Behind a Lasting Legacy

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

Universal Entertainment Moves to Oust Former CEO Jun Fujimoto, Elect Tomohiro Okada as Director

Forbes 2024: Philippines’ Richest Shifts with Casino Tycoons on Top

Evolution Boosts US Strategy with Galaxy Gaming Acquisition

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

Bally’s Secures Funding for $1.7 Billion Chicago Casino Complex

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

Melco Partners with John Keells to Open First Integrated Resort in Sri Lanka

Crown Sydney Casino to Retain License, NSW Regulator Declares

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

NagaCorp’s Casino Gross Gaming Revenue Rose by 23.7% in Q124

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

Las Vegas Sands Propels Petition to Legalize Gambling in Texas; Bill Proposal Needs to Clear House and Senate

888 Holdings Signs Purchase Agreement to Sell Select US B2C Assets to Hard Rock Digital

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November

Italy Launches Nine-Year Online Gambling Licenses With €7M Fee and Comprehensive Reforms

Virgin Las Vegas Gains New Casino Operator Amid Challenges