Bloomberry chairman Razon warns of oversupply in Manila casino market Kim M Latest Casino and Gambling NewsEconomy/FinancePhilippines April 22, 2016 0On Thursday, Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr., warned that the opening of two additional...
China’s anti-corruption crackdown will impact the progress of the controversial Baha Mar Resort Renee Kingsley Casino NewsCasino proposalsCasino openingsChinaBahamasCasino project updatesMoney LaunderingCaribbean Casino NewsAsian Casino NewsFines, Lawsuits & Litigation January 7, 2016 0The proposal to build the Baha Mar resort in the Bahamas was initially submitted in 2002 and over a decade...
Macau authorities investigate two officials who are suspected of taking bribes Renee Kingsley ChinaCasino CheatingMoney LaunderingAsian Casino NewsMacauRacketeeringCrimeBribery December 16, 2015 0Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Casino NewsGaming Law & LegislationChinaMoney LaunderingMacauAsian Casino NewsFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...
MGM Cotai plans on focusing on tourist-friendly environment Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau October 6, 2015 0MGM Resorts is currently constructing their second casino in Macau. For the MGM Cotai, the company plans on focusing on...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsChinaWorld Casino NewsMoney LaunderingEconomy/FinanceMacauAsian Casino News July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
One fourth of lottery funds misused in China; US$2.72 billion Sam Mitchell Latest Casino and Gambling NewsChinaLotteryUnlicensed OperationFinancial Fraud June 26, 2015 0Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to...
Casino revenue in Macau falls for 10th straight month–new normal? Jenn G Casino NewsLatest Casino and Gambling NewsMacau April 2, 2015 0As the decline in high roller visits continues, Macau casinos are suffering further falling revenue. March was the 10th month in a row...
Mongolia Parliament to Vote on Casino Legislation Bernard Richter Latest Casino and Gambling News February 17, 2015 0Mongolia parliament will vote on casino legislation aimed to stimulate their slumping economy. The draft legislation will be for a...
Melco Crown to de-list from Hong Kong stock exchange Lars Jones Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacauFinancial Press Releases January 3, 2015 0Citing reasons of cost and utility, Macau casino operator Melco Crown Entertainment is planning to delist its shares from the Hong...