City of Dreams expanded retail space to open mid-year Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0Melco Crown Entertainment Ltd has been working on the City of Dreams casino resort of Macau for some time now,...
Macau junket operators not interested in setting up services in new Cotai venues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 20, 2016 0With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...
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...
World’s most expensive hotel likely to open without casino; The 13 Lars Jones Latest Casino and Gambling NewsCasino project updatesMacau March 14, 2016 0Although Stephen Hung has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai...
Ninefold profit boost posted for Colorado Springs casino company Kim M Latest Casino and Gambling NewsCanadaEconomy/FinanceColorado March 13, 2016 0On Friday, Colorado Springs, Colorado-based gaming company, Century Casinos Inc., reported that its 2015 profits increased by more than nine...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...
Macau casino labor group worry lay-offs will result from recent gaming earnings decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau March 12, 2016 0As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of...
Taiwan’s Penghu island to hold referendum to seek approval for casino gaming Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationTaiwanChinaLicenses March 10, 2016 0Taiwan’s small island chain consisting of Penghu, Matsu and Kinmen have been pushing hard for a number of years to...
China online retailer Alibaba makes big gambling moves in lottery and poker Lars Jones ChinaLotteryMergers, Acquisitions & PartnershipsFantasy eSports March 8, 2016 0Alibaba Group Holding Ltd. and affiliates are reported to be investing HK$2.39 billion ($308 million) to gain about 59% control of AGTech Holdings Ltd....
Canberra Casino pokie proposal faces tough opposition Sadonna Price Latest Casino and Gambling NewsAustraliaLicenses March 1, 2016 0Canberra Casino is owned by Aquis Entertainment, a company based in Hong Kong, who would like to see the venue...
Three finalists for Cyprus casino license may be announced this week Lars Jones Latest Casino and Gambling NewsCyprusLicenses February 29, 2016 0Another shortlist of operators who may be selected to enter the final round of competition for the sole casino license...
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...
South Korea to make decision soon on awarding foreign casino licenses to operators: Updated Renee Kingsley Casino proposalsLicensesSouth Korea February 26, 2016 0UPDATE 2-25-2016: Mohegan–KCC Consortium wins license. South Korea currently has a total of 17 operational casinos and only one that...
Adelson confident that Parisian will follow Venetian Macao’s success Alex Lanter Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceAsian Casino NewsMacau February 23, 2016 0Sheldon Adelson, chairman and chief executive of well established Macau operator Sands China Ltd, expressed confidence that the company’s latest...
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...