Machine repo, reported sabotage and more threaten Baha Mar Casino Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/FinanceBankruptcy July 16, 2015 0The Baha Mar Casino and Hotel is not doing well, with severe issues threatening the facility. Just this week, Baha...
Vingroup plans to construct mega casino resort in Hai Phong, Vietnam Renee Kingsley Casino proposalsCasino openingsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauVietnam July 14, 2015 0Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort...
Las Vegas Sands Corp employees to decide on company’s philanthropy program Renee Kingsley U.S.A.Las VegasGaming Industry NewsEmployment & CareersAsian Casino NewsMacauSingaporeNevada July 7, 2015 0The Las Vegas Sands Corp, the biggest gambling company in the world, recently decided to amend its internal policies to...
Bahamas wants Baha Mar bankruptcy handled at home Sam Mitchell Latest Casino and Gambling NewsWorld Casino NewsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation July 3, 2015 0On July 2nd 2015 it was reported that the Bahamas attorney general showed frustration over a decision that would allow...
VIP gaming tables coming to NagaWorld via Jimei International Entertainment Sadonna Price Latest Casino and Gambling NewsCambodiaWorld Casino NewsMergers, Acquisitions & Partnerships July 2, 2015 0The NagaWorld casino resort located in Cambodia will soon begin offering VIP gaming thanks to the Jimei International Entertainment Group....
Mohegan Sun prepares concept agreement for proposed South Korea casino Renee Kingsley Tribal GamingU.S.A.Casino proposalsGaming Industry NewsAsian Casino NewsMergers, Acquisitions & PartnershipsSouth Korea July 2, 2015 0The Mohegan Tribal Gaming Authority in the United States had announced in April 2015 that it wanted to venture into...
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...
Baha Mar files for bankruptcy protection after continual construction delays Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy June 30, 2015 0The development company behind a new Bahamas resort complex with a price tag of $3.5 billion has now filed for...
Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
Macau casino revenues continue to decline Sam Mitchell Latest Casino and Gambling NewsChinaEconomy/FinanceMacau June 24, 2015 0On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...
Ourgame buys World Poker Tour for $35 million from bwin.party Lars Jones Latest Casino and Gambling NewsWorld Casino NewsPokerMergers, Acquisitions & Partnerships June 22, 2015 0In an all cash sale, Bwin.Party Digital Entertainment Plc has offloaded the World Poker Tour to Hong Kong listed Ourgame...
Seventeen casinos scheduled to open before 2020 in Asia Pacific Renee Kingsley Latest Casino and Gambling NewsCambodiaAustraliaCasino NewsChinaNew ZealandJapanAsian Casino NewsMacauOceania Casino NewsMalaysiaNepalPhilippinesRussiaSingaporeSouth KoreaVietnam June 22, 2015 0The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time...
Galaxy Phase II dominates Macau’s gaming market Renee Kingsley Casino NewsGaming Industry NewsEconomy/FinanceMacau June 22, 2015 0Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...