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...
Genting Malaysia to invest heavily into its Resorts World Genting Casino Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceMalaysia April 8, 2016 0Genting Malaysia Bhd is the parent company of the Resorts World Genting Casino, which is Malaysia’s biggest and only legal...
Junket company Jimei looks to coastal Cambodia for integrated casino resort Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodiaMergers, Acquisitions & Partnerships March 25, 2016 0A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Cambodian authorities continue crackdown on Chinese gamblers in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaChinaMacau March 3, 2016 0Ever since Macau launched its anti-corruption crackdown targeting VIP gamblers from Mainland China, these gamblers have preferred to travel to...
Mohegan’s Inspire Integrated Resort lands Korean casino license Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsLicensesSouth Korea February 28, 2016 0Mohegan Sun’s partnership with KCC Corp paid off this week when the consortium was given a green light by the South...
Crown Resorts announces Barangaroo casino could be delayed further Sadonna Price Latest Casino and Gambling NewsAustraliaCasino project updates February 28, 2016 0Crown Resorts is currently working on a new Barangaroo casino in Sydney which would offer a VIP-only experience. The venue...
Market uncertainty causes MGM Resorts to delay Cotai opening Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceAsian Casino NewsMacau February 20, 2016 0On Thursday MGM Resorts International said that due to the struggling casino business in Macau and the planned openings in...
Managing director says, Star booked full over Chinese New Year Kim M Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsGaming Industry NewsOceania Casino News February 5, 2016 0Ahead of the Lunar New Year celebrations, The Star Sydney Casino & Hotel overlooking Darling Harbour in Pyrmont, Sydney has...
Saipan, other CNMI casinos can soon invite junket operators Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsSaipanLicensesNorthern Mariana IslandsSaipan January 6, 2016 0VIPs are already coming to Saipan in large enough numbers for the sole casino there to do over $3 billion in...
Imperial Pacific reports US$1.44 billion rolling at Saipan temporary casino in December Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceNorthern Mariana IslandsSaipan January 5, 2016 0Although a slight drop from the stunning November debut, Best Sunshine (Imperial Pacific) said in a filing with the Hong...
Decline in casino revenue expected for Singapore in 2016 Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacauSingapore December 28, 2015 0The attention of investors has been focused on the reduction of casino revenues at a rapid rate in Macau for...
Sands Cotai opens fourth tower with St. Regis Macao Kim M Latest Casino and Gambling NewsWorld Casino NewsChinaNew HotelsGaming Industry NewsMergers, Acquisitions & Partnerships December 19, 2015 0Sands Cotai Central in Macau, a UNESCO World Heritage Site, has gained its fourth hotel as St. Regis Hotels &...