Arrests of Crown employees in China set Macau and other gaming stocks adrift Sadonna Price Latest Casino and Gambling NewsChinaGaming Industry NewsCrime October 18, 2016 0Over the weekend, it was made known that 18 employees of Crown Resorts Ltd were detained by the authorities of...
Macau turnaround sees analysts predict 5 to 9 percent Gross Gaming Revenue growth Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau October 12, 2016 0Macau’s casino industry went through its biggest slump after Chinese President Xi Jinping launched an anti-corruption crackdown in early 2014...
Wynn Palace Macau experiencing “slow ramp-up” in mass-market operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 4, 2016 0Since opening on August 22, the new $4.2 billion Wynn Palace Cotai resort casino from Wynn Resorts Limited has reportedly experienced...
VIP segment success helps Macau report rise in September gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 3, 2016 0September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...
Analysts predicting continued recovery in Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 14, 2016 0After posting a 1.1% increase year-on-year in overall gross gaming revenues for August to $2.4 billion, Macau’s gaming industry could...
Wynn Palace Cotai to open in a week, moving 250 Wynn Macau gaming tables Martin Chua Latest Casino and Gambling NewsCasino project updatesLicensesMacau August 15, 2016 0Ahead of next week’s planned opening of its new $4.2 billion Wynn Palace Cotai development, American casino operator Wynn Resorts...
Analysts positive on future of Macau casino gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 10, 2016 0Japanese financial services giant Nomura Holdings is predicting that casinos in Macau are on track to record their smallest monthly...
Gran Casino Aljarafe acquired by Novomatic subsidiary Admiral Casinos Sadonna Price Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsSpain August 4, 2016 0In the province of Seville, the only casino currently operating is the Aljarafe Gran Casino. This venue was recently acquired...
SJM hopes to open Jai Alai Palace before end of year Martin Chua Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesMacau August 2, 2016 0Angela Leong On Kei, an executive director of SJM Holdings Ltd., spoke with reporters on the sidelines of a press briefing Monday...
Billionaire Sheldon Adelson Says Macau casino industry has started to recover Renee Kingsley Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau July 27, 2016 0Macau’s casino industry has been in a slump for the last 25 months, but stocks rallied across the board this week....
Las Vegas Sands Chairman Sheldon Adelson confirms Parisian Macao opening for September 13 Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino openingsMacau July 26, 2016 0Las Vegas Sands Chairman Sheldon Adelson recently held a conference call with analysts to discuss his company’s second quarter results...
Expanded gambling in Wisconsin the focus of upcoming Town Hall Kim M Latest Casino and Gambling NewsTribal GamingCasino proposalsWisconsin July 24, 2016 0How casinos impact Wisconsin communities will be the topic of discussion during a “Tele-Townhall” hosted by Citizens Against Expanded Gambling...
Santa Ana Casino to invest $50 million in expansion project which includes an attached hotel Renee Kingsley Latest Casino and Gambling NewsTribal GamingCasino expansion projectsNew HotelsEmployment & CareersNew Mexico July 19, 2016 0The Santa Ana Star Casino located on the Jemez Dam Road off NM 550 near Bernalillo, New Mexico opened its doors...
New casino legislation proposed in Paraguay Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCentral & South America Gaming July 13, 2016 0The President of Paraguay, Horacio Cartes, has submitted draft legislation to Congress that aims to grow the nation’s casino industry...
South Korean Casino project receives additional investment from Genting Singapore Renee Kingsley Latest Casino and Gambling NewsCasino proposalsSingaporeSouth Korea June 22, 2016 0South Korea’s casino industry has benefited from the downturn in Macau’s casino industry and a number of gambling operators across the...