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LATEST CASINO NEWS:
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China online retailer Alibaba makes big gambling moves in lottery and poker

Lars Jones
ChinaLotteryMergers, Acquisitions & PartnershipsFantasy eSports
March 8, 2016 0
Alibaba 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....

Sands China reports a 43% drop in 2015 net profit

Alex Lanter
Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau
February 22, 2016 0
Well established Macau casino operator Sands China Limited revealed a 43% drop in net profit for 2015. The report wasn’t...

Sands China makes decision to roll out salary increase and special bonuses in 2016

Renee Kingsley
Latest Casino and Gambling NewsChinaEconomy/FinanceEmployment & CareersMacau
February 5, 2016 0
Macau’s casino industry continued to decline in 2015 due to the anti-corruption crackdown and gross gaming revenues plummeted for a...

MGM China’s creditors willing to be flexible with payment terms on $3 billion loan

Renee Kingsley
Las VegasCasino openingsEconomy/FinanceAsian Casino NewsMacau
January 29, 2016 0
MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China...

China’s anti-corruption crackdown will impact the progress of the controversial Baha Mar Resort

Renee Kingsley
Casino proposalsCasino NewsCasino openingsChinaCasino project updatesBahamasCaribbean Casino NewsMoney LaunderingAsian Casino NewsFines, Lawsuits & Litigation
January 7, 2016 0
The proposal to build the Baha Mar resort in the Bahamas was initially submitted in 2002 and over a decade...

MJC Investments opens casino in Manila’s “Greater Chinatown”

Lars Jones
Latest Casino and Gambling NewsCasino NewsCasino openingsNew HotelsMergers, Acquisitions & PartnershipsPhilippines
January 7, 2016 1
On Wednesday MJC Investments Corp (Manila Jockey Club) announced a ceremonial opening of their new Winford Casino on the ground floor...

“M.Y. China” restaurant closed at Graton Casino

Lars Jones
Latest Casino and Gambling NewsCasino NewsCasino project updatesCaliforniaEconomy/Finance
December 30, 2015 1
Fans of Yan Can Cook will be disappointed to hear that celebrity chef Martin Yan has closed his Graton Resort...

China EXIM Bank announces preliminary plan for bankrupt Baha Mar Resort

Sadonna Price
Latest Casino and Gambling NewsCasino project updatesBahamas
December 20, 2015 0
It has been months since the Export-Import Bank of China has announced any news on the Baha Mar Resort, and...

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

Renee Kingsley
ChinaAsian Casino NewsMacauPhilippinesVietnam
December 7, 2015 0
The Crown International Games Club in Danang, Vietnam appears to have found the right formula in attracting a regular clientele...

Efforts to curb underground banking beefed up by China

Kim M
Latest Casino and Gambling NewsCasino NewsWorld Casino NewsChinaGaming Industry NewsMoney LaunderingIllegal BookmakingUnlicensed OperationOnline Gambling NewsAsian Casino NewsMacauFinancial Fraud
November 25, 2015 0
After the country’s largest underground banking operation was dismantled by authorities in China last week, handling online gambling transactions in...

China busts massive online gambling ring

Alex Lanter
Latest Casino and Gambling NewsWorld Casino NewsChinaUnlicensed Operation
November 18, 2015 0
On Tuesday the authorities in China announced that they cracked a big cross-border online gambling ring that handled $78 billion...

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Lars Jones
Latest Casino and Gambling NewsLas VegasCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsNevada
October 30, 2015 0
While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International...

Sands China will play a role in Macau’s Responsible Gambling 2015 edition

Renee Kingsley
Gaming Law & LegislationAsian Casino NewsMacau
October 27, 2015 0
Macau, the biggest gambling hub in the world continues to promote its special campaign for Responsible Gambling in an effort...

Chow Tai Fook relying heavily on China’s VIP network to raise funds for $3 billion Brisbane consortium

Renee Kingsley
AustraliaCasino openingsChinaHong KongEconomy/FinanceAsian Casino News
October 13, 2015 0
Echo Entertainment and James Packer’s Crown Resorts battled it out to secure rights to construct a $3 billion mega-casino resort at...

Raids result in thousands of arrests in Macau, China, and HK

Kim M
Latest Casino and Gambling NewsWorld Casino NewsChinaHong KongMoney LaunderingUnlicensed OperationAsian Casino NewsMacau
September 27, 2015 0
According to local sources a series of raids over a three-month period by Hong Kong police have resulted in the...
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