Galaxy Phase II dominates Macau’s gaming market Renee Kingsley Casino NewsGaming Industry NewsEconomy/FinanceMacau June 22, 2015 0Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The...
Macau gaming revenue continues decline; government cuts spending Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau June 20, 2015 0Lionel Leong Vai-tac, Secretariat for Economy and Finance in Macau said on Thursday that June gaming revenues may be as...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...
Galaxy Phase II expected to see revenue increase Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau June 18, 2015 0Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the...
Macau’s Financial Services Bureau reports 35% drop in govt gaming tax Renee Kingsley Casino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau June 18, 2015 0When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be...
MGM Resorts founder Kirk Kerkorian passes away Renee Kingsley U.S.A.Las VegasCasino NewsGaming Industry NewsCasino mogulsEconomy/FinanceNevada June 17, 2015 0Kirk Kerkorian, the founder of MGM resorts and a multi-billionaire who turned 98 on the 6th of June 2015, passed...
Macau gambling regulators debate casino tables in Coloane Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 16, 2015 0Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane...
MGM reconfigures credit agreement for Macau Resort Sam Mitchell Latest Casino and Gambling NewsLas VegasChinaGaming Industry NewsEconomy/FinanceMacau June 14, 2015 1MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The...
New Orleans smoking ban responsible for revenue drop at Harrah’s Casino Renee Kingsley Gaming Law & LegislationU.S.A.Casino NewsGaming Industry NewsEconomy/FinanceLicensesLouisiana June 10, 2015 0Harrah’s New Orleans Casino experienced a revenue slump based on the recent revenue report released by the Louisiana Gaming Control...
Queensland Tourism Industry Council backs Great Keppel casino boutique license Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAustraliaCasino NewsGaming Industry NewsCasino project updatesEconomy/FinanceLicensesOceania Casino News June 9, 2015 2Tower Holdings has already received approval from the Queensland, Australia government to build its $2 billion Great Keppel Island resort...
Quebec authorities investigate Amaya Gaming CEO and CFO Renee Kingsley Online gambling regulationCanadaGaming Industry NewsMoney LaunderingEconomy/FinanceQuebecOnline Gambling NewsTax EvasionMergers, Acquisitions & PartnershipsCrimeFinancial FraudTaxes June 3, 2015 0Amaya Inc based out of Canada, was a relatively unknown company until it surprised everyone in the poker industry in...
New Jersey gaming market in state of flux Lars Jones TechnologyEconomy/FinanceLicensed online casinos in USAConferences / Trade ShowsIndepth / Featured ArticlesNew Jersey May 29, 2015 0The 19th Annual East Coast Gaming Congress opened Wednesday at Borgata in Atlantic City with a panel on internet casinos....
Atlantic City survivors; casinos post 26% increase in operating profits Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey May 23, 2015 0Last year, four casinos in the Atlantic City area closed their doors for good and those that remained hoped to...
Z Capital wants Affinity Gaming sold Sam Mitchell Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsNevada May 22, 2015 0May 20th 2015, an offer made by the largest shareholder in Affinity Gaming, to buy the remaining shares of the...
Land & Buildings LLC gives up on push for MGM board seats Renee Kingsley Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceNevada May 21, 2015 0MGM Resorts International is one of the biggest casino operators in the world and has built a strong reputation in...