SJM Holdings profit drops 81% as VIPs continue to avoid Macau Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 4, 2015 0SJM Holdings saw its profit fall for 81% as VIP gamblers still avoid the former gambling heaven for high rollers....
Glenn Straub offers to turn former Revel casino into Syrian refugee shelter Renee Kingsley Latest Casino and Gambling NewsCasino proposalsCasino NewsEconomy/FinanceFines, Lawsuits & LitigationNew Jersey November 4, 2015 1When real estate developer Glenn Straub finally managed to purchase the former Revel casino in Atlantic City, he was reluctant...
Casino workers in Detroit authorize strike at all 3 casinos Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLabor RelationsMichigan November 3, 2015 0Although it does not mean a strike is imminent, almost 6,000 casino workers in Detroit who are represented by the United Auto...
Macau casino revenue extends fall despite more holiday arrivals Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 3, 2015 0Macau casino revenue fell for the 17th month in a row in October. Nevertheless, this decline has been less bad...
Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsOhio November 3, 2015 0On Monday, Caesars Entertainment Corp announced that the management of three casinos in Ohio would begin a transition phase which would...
eSports expected to jump to $1.9 billion by 2018 Alex Lanter Latest Casino and Gambling NewsEconomy/Finance November 2, 2015 0According to SuperData Research, eSports is growing into one of the most lucrative industries and it’s expected to reach $1.9...
James Packer’s Crown Resorts puts down $100 million for stake in Nobu Renee Kingsley AustraliaCasino openingsCasino expansion projectsEconomy/FinanceAsian Casino NewsMacauOceania Casino NewsMergers, Acquisitions & Partnerships October 30, 2015 0Aussie billionaire James Packer and his Crown Resorts have been in the limelight for the last week as the Melco...
Donaco’s Star Vegas off to stellar beginning Sadonna Price Latest Casino and Gambling NewsCambodiaCasino NewsEconomy/Finance October 30, 2015 0Donaco International is reporting that their Star Vegas Resort and Club in Poipet, Cambodia is doing quite well thanks to VIPs...
MGM posts unexpected Q3 profits (China falls) plans REIT spinoff Lars Jones Latest Casino and Gambling NewsLas VegasCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsNevada October 30, 2015 0While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International...
Nevada revenues improve with uptick in baccarat, football numbers Sadonna Price Latest Casino and Gambling NewsLas VegasCasino NewsEconomy/FinanceNevada October 30, 2015 0After spending the past three months in a losing streak with casino gaming, the state of Nevada has now caught...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...
Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9 Lars Jones Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesEconomy/FinanceTaxationMississippi October 27, 2015 0Although the development company hasn’t made a major media announcement, electronic billboards in D’Iberville, Mississippi are announcing that Scarlet Pearl Casino will...
Sea route to Tigre de Cristal casino proposed by high ranking Russian envoy Lars Jones New HotelsCasino project updatesEconomy/FinanceMacauRussiaRussia October 27, 2015 0Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, Yury Trutnev visited the newly opened Tigre de...
Macau junket operator to shut down Wynn Macau VIP room Sadonna Price Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauFinancial Fraud October 27, 2015 0Dore Entertainment Co Ltd will be shutting down a VIP room at the Wynn Macau, according to the most recent...
Illinois casino towns affected by state budget impasse Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceIllinois October 26, 2015 0Since July 1st, the state of Illinois has been working on the budget impasse, with seemingly no plan in sight....