Chinese authorities catch and prosecute 2nd most wanted man in China Renee Kingsley ChinaMoney LaunderingMacauFinancial FraudSingapore May 15, 2015 0Beijing has targeted Macau’s casino industry because it’s been reported to be a hotbed for corruption, money laundering and racketeering....
Christmas Island prepares to open casino resort once again Lars Jones Gaming Law & LegislationCasino proposalsChristmas IslandLicenses May 14, 2015 0Christmas Island sounds like a place in a fairy tale book but it does exist; 2600 kilometers from Perth, Australia...
South Korean cruise ship casinos authorized Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsSouth Korea May 8, 2015 0A number of Asian countries have tried to capitalize on the collapse of Macau’s casino industry and lure Macau’s VIP...
Chinese shoppers targeted by South Korea as they increase “low roller” numbers Sam Mitchell Latest Casino and Gambling NewsCasino NewsChinaSouth Korea May 6, 2015 0On May 5, 2015 it was revealed in a Reuters article that Seoul foreigner-only casinos have started targeting low-roller gamblers,...
Professor Zeng of Polytechnic Institute suggests tighter junket regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau April 22, 2015 0Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...
Australia to see casino revenue skyrocket within 5 years Sam Mitchell Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry News April 15, 2015 0Tuesday April 14, 2015 news revealed that Australia is gaining ground in the casino industry. Projections have casino revenue increasing...
Cutting out junket operators leaves Singapore casinos with unpaid debt Sam Mitchell Latest Casino and Gambling NewsCasino NewsGaming Industry NewsFinancial FraudSingapore April 9, 2015 0Grant Govertsen, a Union Gaming Advisors analysts, told media that Singapore’s gaming revenue is down due to the Chinese movement...
Cambodia government nets $25 Million in 2014 gaming tax–up 12% Lars Jones Latest Casino and Gambling NewsCambodiaCasino NewsWorld Casino News March 25, 2015 0Cambodia has extremely friendly gambling laws and the Cambodian government is encouraging foreign enterprises to invest into the country and...
Philippines Supreme Court confirms that PAGCOR can take tax exemptions Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationPhilippines March 10, 2015 0The Philippine Amusement and Gaming Corporation (PAGCOR) as per law has to pay only 5% franchise tax from its gaming...
Sun International merges Latin operations, eyes Asia Lars Jones Latest Casino and Gambling NewsSouth AfricaChileMergers, Acquisitions & PartnershipsPhilippinesSouth Korea March 5, 2015 0Sun International owns and operates dozens of casinos in Africa and South Africa including Sun City Casino Resort, as well as The...
David Sisk new COO of Resorts World Sentosa Bernard Richter Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsAsian Casino NewsSingapore March 2, 2015 0Singapore: David Sisk, a veteran operations exec, has just been appointed as the COO of Genting Singapore Pic’s Resorts World...
Paradise Co. Braces for Chinese Gambling Influx Renee Kingsley Latest Casino and Gambling NewsGaming Industry NewsAsian Casino NewsSouth Korea February 19, 2015 0South Korea’s largest casino operator, Paradise Co. is gearing up to support an expected influx of Chinese gamblers by expanding...
City of Dreams Manila opens early Lars Jones Latest Casino and Gambling NewsWorld Casino NewsCasino openingsAsian Casino News December 15, 2014 0Melco Crown Entertainment Ltd. opened the doors of City of Dreams Manila in Entertainment City, Paranaque, with a soft launch...
Junket businesses absorbing huge debt Neha A. Latest Casino and Gambling NewsAsian Casino News December 8, 2014 0Macau is the largest casino centre in the world, and has had a reputation in the past for making more...
MGM Resorts International Accepts Massachusetts Casino License JT Latest Casino and Gambling NewsWorld Casino NewsNorth America Casino NewsCasino openings November 7, 2014 0MGM Resorts International today received a unanimous vote from the Massachusetts Gaming Commission (MGC) officially granting MGM Springfield a license...