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...
MGM Resorts International Subsidiary MGM China Holdings Announces Agreement For Amendment And Extension Of Credit Facility Lars Jones MacauFinancial Press Releases April 7, 2015 0LAS VEGAS, April 7, 2015 /PRNewswire/ — MGM Resorts International (NYSE: MGM) today announced that MGM China Holdings Limited, a...
Sands China relieved from $250k penalty imposed by US lower court Jenn G Latest Casino and Gambling NewsLas VegasMacauFines, Lawsuits & LitigationNevada April 7, 2015 0The casino operator, Sands China Ltd, is enjoying a reprieve from a penalty of $250,000 that was levied last month...
Over 1,000 individuals arrested during Chinese gambling raid Sadonna Price Latest Casino and Gambling NewsChinaOnline Gambling NewsCrime April 6, 2015 0More than 1,000 individuals have been arrested for their part in a network offering online gambling in China, according to...
On April 24 Konami will delist from NYSE Jenn G Latest Casino and Gambling NewsU.S.A.Game manufacturers April 3, 2015 0One of the largest providers of slot games in the gaming industry, Konami, will be delisting from the New York...
Sands Bethlehem wants to add electronic table games Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino expansion projectsPennsylvania April 2, 2015 0Representatives of the Las Vegas Sands Corp. presented a proposal to the Pennsylvania Gaming Control Board just yesterday to seek approval...
Saipan’s gaming industry to come of age with new regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCasino NewsNorthern Mariana Islands March 30, 2015 0The Commonwealth Casino Commission has voted to adopt regulations that will affect Saipan’s gaming industry. The commission met Friday March...
Shareholders overwhelmingly approve Melco Crown delisting from Hong Kong stock exchange Lars Jones Latest Casino and Gambling NewsWorld Casino NewsMacauMergers, Acquisitions & PartnershipsFinancial Press Releases March 26, 2015 0Melco Crown Entertainment Ltd submitted an application for the voluntary withdrawal from the Hong Kong Stock Exchange (HKEx) on January2....
Federal judge to hear arguments in Phua case Sadonna Price Latest Casino and Gambling NewsLas VegasMalaysiaCrimeNevada March 26, 2015 0High profile Malaysian gambler Paul Phua Wei-seng’s fate now lies in the hands of a federal judge, in the multi-million...
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...
Solaire Casino at Entertainment City posted profits For 2014 Sam Mitchell Latest Casino and Gambling NewsPhilippines March 21, 2015 0The first casino to open in Manila’s (Parañaque) Entertainment City posted a loss of P1.315 billion for 2013. Solaire has turned...
IGT signs deal for 500+ machines at Baha Mar Lars Jones Latest Casino and Gambling NewsCasino openingsGaming Industry NewsCaribbean Casino NewsFinancial Press Releases March 19, 2015 0LAS VEGAS, March 18, 2015 /PRNewswire/ — Gaming entertainment leader IGT (NYSE: IGT) struck an impressive slot machine and systems...
South Korea gambling revenues rise 9th year in a row Lars Jones Latest Casino and Gambling NewsWorld Casino NewsSouth Korea March 19, 2015 0The casino industry suffered setbacks throughout the world and gambling hubs like Macau and Las Vegas reported significant declines in...
Elaine Wynn struggles to retain board seat Lars Jones Las VegasWorld Casino NewsNorth America Casino NewsGaming Industry NewsMacauMassachusettsNevada March 19, 2015 0The Wynn empire has faced significant losses in the recent past, most notably in Macau but that’s not the only...
Suncity denies Phu Quoc casino plans Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsMacauVietnam March 19, 2015 0According to an article today on the Asia Gaming Brief website, Suncity has issued a statement saying, “Suncity Group has been...