Sands China AGM poll nods board re-election, continued course Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau May 30, 2016 0The board of directors of Macau casino concessionaire, Sands China Ltd. (HKEx:1928) announced poll results from ordinary resolutions proposed at...
Fitch Ratings expect Wynn Palace to dominate its Cotai competition Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau May 26, 2016 0Macau’s casino industry has taken a hit during the last twenty four months due to the anti-corruption crackdown launched by...
Grand Lisboa Palace to seek 400+ tables when open in 2017 Martin Chua Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau May 24, 2016 0The new Cotai development, Grand Lisboa Palace, expects to request 400-500 new-to-market gaming tables before it opens in late 2017 or early...
South Korea government rejects Jeju casino tax rate proposal Adam Morgan Latest Casino and Gambling NewsTaxationSouth Korea May 24, 2016 0In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross...
Analyst urges reconsideration on minimum investment for new Vietnamese casino resorts Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationVietnam May 19, 2016 0The maximum investment that should be required from any developer considering whether to build a new integrated casino resort project...
MGM $3 billion Cotai Casino opening could be pushed into second quarter of 2017 Renee Kingsley Latest Casino and Gambling NewsCasino openingsCasino project updatesMacau May 9, 2016 2MGM China Holdings Ltd recently released its first quarter performance report which showed that the company had a twenty five...
2016 G2E Asia Global Gaming Expo May 17-19 at the Venetian Macao Lars Jones Latest Casino and Gambling NewsConferences / Trade ShowsMacau May 8, 2016 0Global Gaming Expo Asia (G2E Asia) will be held in Macau from May 17 through 19. It is the most...
First-phase of Vietnamese resort casino to offer three hotels Adam Morgan Latest Casino and Gambling NewsCasino proposalsAustraliaHong KongMacauPhilippinesSouth KoreaVietnam May 5, 2016 0Macau junket promoter Suncity Group has revealed that the first phase of the casino resort it is building in Vietnam...
South Korean casino operator declares mixed results Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSouth Korea May 5, 2016 0South Korean casino operator Paradise Co has reported sales of $48.4 million for April, which represents a 9.4% increase year-on-year,...
SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau May 4, 2016 0SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the...
Regulator renews Adelson’s Marina Bay Sands casino license Kim M Latest Casino and Gambling NewsLicensesSingapore April 29, 2016 0Sheldon Adelson’s Marina Bay Sands Casino has been approved to operate in the city-state for an additional three years. Last...
Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Analyst says nearby construction hurting Studio City’s opening momentum Kim M Latest Casino and Gambling NewsEconomy/FinanceMacau April 20, 2016 0A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued...
Citi analysts predict slower but strong growth for NagaCorp in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaMacau April 18, 2016 0While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...