Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m MacauCasinos.com Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships May 9, 2016 0Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s...
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...
Asia Gaming Awards nominees shortlisted Lars Jones Latest Casino and Gambling NewsGame manufacturersConferences / Trade ShowsMacau May 5, 2016 0The Asia Gaming Awards announced today that they have concluded the first phase in shortlisting nominees for this years awards...
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,...
Casino race in Cyprus may be down to Larnaca and Limassol Kim M Latest Casino and Gambling NewsCyprusLicenses May 4, 2016 0The competition is heightening among the large property owners in Cyprus as the three contenders for the sole casino license...
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...
Hong Kong-listed Louis XIII Holdings Ltd is now officially The 13 Holdings Ltd Alex Lanter Latest Casino and Gambling NewsCasino project updatesAsian Casino NewsMacau May 3, 2016 0Louis XIII Holdings Limited has officially changed the name of its Macau hotel property into The 13. The Hong Kong-based...
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...
Wynn Palace recruitment drive nets 3,600 employees Adam Morgan Latest Casino and Gambling NewsLas VegasWorld Casino NewsCasino project updatesEmployment & CareersMacau April 28, 2016 0Ahead of its planned opening on the Cotai Strip later in the year, the Wynn Palace resort casino has hired 3,600 employees following...
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...
MGM Resorts closes on REIT IPO and related financial transactions Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada April 26, 2016 0Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...
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...
Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaCasino project updatesEconomy/FinanceMacau April 21, 2016 0The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its...