Macau expecting to register record-breaking Labor Day tourist numbers Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau April 27, 2019 0After welcoming a record number of tourists over the most recent Chinese New Year period, Macau is reportedly now expecting...
Cost-saving initiative leads to job losses at MGM Resorts International Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceLabor Relations April 26, 2019 0American casino operator, MGM Resorts International, has reportedly followed through with a portion of a cost-saving initiatives first unveiled in...
Suncity Group Holdings Limited acquires controlling stake in Russian casino operator Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsRussia April 24, 2019 0Asian junket operator, Suncity Group Holdings Limited, has reportedly announced the completion of a deal that has seen it pay...
New owner for shuttered Lucky Dragon Hotel and Casino Adam Morgan Casino SalesLatest Casino and Gambling NewsLas VegasCasino NewsNew HotelsCasino closuresMergers, Acquisitions & Partnerships April 23, 2019 0In Las Vegas, a local businessman has reportedly paid approximately $36 million to purchase the former Lucky Dragon Hotel and...
Public tender for future Macau casino licenses gaining traction Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau April 19, 2019 0The most senior legislator in Macau has reportedly announced that there is no need for his fellow lawmakers to delay...
Chinese legislators approve Hengqin Island redevelopment proposal Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsChinaNew HotelsGaming Industry News April 19, 2019 0In China, legislators have reportedly approved a plan that could see Hengqin Island transformed into a tourist-friendly zone complete with...
Genting Malaysia Berhad being advised not to overextend its reach Adam Morgan Latest Casino and Gambling NewsLas VegasCasino NewsCasino expansion projectsCasino project updatesEconomy/FinanceSingapore April 18, 2019 0Asian casino operator, Genting Malaysia Berhad, reportedly ‘has the liquidity’ to complete the development of large projects in Las Vegas...
Aristocrat Leisure Limited establishes new Macau-facing entity Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationGaming Industry NewsGame manufacturersLicensesMacauMergers, Acquisitions & Partnerships March 27, 2019 0Australian gaming machine innovator, Aristocrat Leisure Limited, has reportedly announced the establishment of a new limited liability enterprise that is...
Macau to study the possible introduction of a tourist tax Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau March 26, 2019 0In Macau, officials are reportedly set to study the possibility of introducing a tax on travelers entering the city in...
MGM Resorts International establishes Japanese partnership Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsEconomy/FinanceJapanMergers, Acquisitions & Partnerships March 25, 2019 0American casino operator MGM Resorts International has reportedly inked deal that is to see it partner with local financial services...
MGM Cotai launches Mansion-branded villas Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsMacau March 23, 2019 0In Macau, the boss for MGM Resorts International has reportedly announced that his firm’s MGM Cotai integrated casino resort has...
US Betting Industry Prepares for a Big Year and Bright Future Sadonna Price Latest Casino and Gambling NewsU.S.A.Online Gambling NewsSports betting March 21, 2019 0Since May of 2018, the United States gambling industry has seen some major changes. It was at that time that...
Macau ‘inclined’ towards future casino concession public tender Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau March 15, 2019 0In Macau, Economy and Finance Secretary, Lionel Leong Vai Tac (pictured), has reportedly announced that the local government in ‘inclined’...
Diamond Fortune Holdings secures Imperial investment Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsCasino project updatesEconomy/FinanceMergers, Acquisitions & PartnershipsRussia February 28, 2019 0In Russia, Diamond Fortune Holdings has reportedly announced that a Japanese firm has agreed to invest in its envisioned integrated...
Macau cracking down on illicit currency exchange activities Adam Morgan Latest Casino and Gambling NewsMoney LaunderingEconomy/FinanceMacauCrimeRacketeeringFinancial Fraud February 27, 2019 0The highest ranking security official in Macau has reportedly announced that some 3,050 foreigners had been arrested either inside or...