NagaCorp reports double-digit year-on-year growth in betting volumes Q1-3 Sadonna Price Latest Casino and Gambling NewsCambodiaEconomy/Finance October 5, 2016 0NagaCorp Ltd is a developer and operator of casinos, listed in Hong Kong that recently reported their betting volumes for...
Wynn Palace Macau experiencing “slow ramp-up” in mass-market operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 4, 2016 0Since opening on August 22, the new $4.2 billion Wynn Palace Cotai resort casino from Wynn Resorts Limited has reportedly experienced...
VIP segment success helps Macau report rise in September gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 3, 2016 0September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...
Ritz Casino sees massive loss due to high rollers Sadonna Price Latest Casino and Gambling NewsEconomy/Finance October 3, 2016 0The Ritz Club located in London, England is one of the most glamorous gaming venues in the region. The casino...
Upcoming visit of Chinese Premier may adversely affect Macau VIP gaming business Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 1, 2016 0Casino owners in Macau are bracing themselves for a potential downturn in VIP high-stakes business following news that Chinese Premier...
Baccarat winners and fewer August weekend days result in casino revenue decline for Nevada Sadonna Price Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada September 30, 2016 0On Thursday, the Nevada Gaming Control Board released the August figures for casino gaming in the state, showing a 5.2%...
Apollo, TPG agree deal with Caesars for restructuring; Insulates top execs Lars Jones Latest Casino and Gambling NewsLas VegasWorld Casino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyFines, Lawsuits & Litigation September 28, 2016 0The two top-tier creditors agreed Tuesday to Caesars Entertainment Corporation’s (CEC) [NASDAQ:CZR] terms to restructure the company’s debt, leaving about...
Atlantic City looks to sell airport property to gain $100 million in much-needed funds Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey September 27, 2016 0Atlantic City is looking for a way to fight off debt, especially since the city faces a takeover by the...
Macau junket operator reports steep decline in rolling chip turnover Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 23, 2016 0After closing its high-roller operations at the Sands Cotai Central, the StarWorld Casino And Hotel Resort and the Galaxy Macau...
Macau ban fuels rise in Philippines second-quarter gross casino revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines September 23, 2016 0Casinos in the Philippines reported a 30% increase year-on-year in aggregate gross casino revenues for the three months to the...
Genting Singapore adopting a “wait and see approach” to Japan Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceJapan September 22, 2016 0Global casino operator Genting Singapore looks likely to keep its upcoming annual dividend payments at the same level as 2015...
Uber decides to continue Macau operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 19, 2016 0Despite facing an official policy that has seen its users issued with some 379 fines totaling over $1.25 million since...
Imperial Pacific seeks to raise $300 million for Saipan resort with high-yield bonds Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceNorthern Mariana IslandsSaipan September 19, 2016 0Hong Kong based Imperial Pacific which is the parent company of Best Sunshine International, the company that runs the Best...
August land-based casino win drops in New Jersey Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceOnline Gambling NewsNew Jersey September 17, 2016 0In New Jersey, official figures from the Division Of Gaming Enforcement show that overall land-based casino win for August dropped...
Ratings agencies predict “stable” future for Saipan casino operator Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSaipan September 15, 2016 0Fresh from signing a pair of share deals earlier this week, Saipan casino operator Imperial Pacific International Holdings Limited has...