MGM Resorts willing to spend as much as $10 billion on Japan casino, possibly via REIT Kim M Latest Casino and Gambling NewsGaming Law & LegislationJapan October 31, 2016 0On Monday, Las Vegas-based MGM Resorts International (MGM.N) Chief Executive Officer James Murren said that the company could spend close to...
Indian casino operator reports sharp rise in quarterly profit Adam Morgan Latest Casino and Gambling NewsIndiaEconomy/Finance October 29, 2016 0India’s sole listed gambling operator, Delta Corporation Limited, has released its third-quarter financial results showing that its consolidated income from...
Chow Tai Fook Enterprise set to acquire Baha Mar Lars Jones Casino SalesCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & Partnerships October 28, 2016 0After Chinese Export Import Bank (EXIM) in effect purchased Baha Mar from themselves using a Special Purpose Vehicle (SPV) named...
Macau regulator distances city from arrested Crown Resorts Limited employees Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationMacauCrime October 28, 2016 0The head of Macau’s Gaming Inspection And Coordination Bureau regulator has reportedly announced that none of the 18 employees of...
Mohegan Sun hires ex-Sands exec Robert Rubenstein Kim M Latest Casino and Gambling NewsTribal GamingConnecticutMergers, Acquisitions & Partnerships October 27, 2016 0In a press release on Tuesday, October 25, the Mohegan Tribal Gaming Authority, operator of Connecticut’s Mohegan Sun, announced the...
Chinese Authorities reported to have arrested 10 junket operators in continued Crown Resorts crackdown Renee Kingsley Latest Casino and Gambling NewsAustraliaChinaUnlicensed OperationMacau October 26, 2016 0The Australian newspaper has reported that Chinese authorities have continued their crackdown on gambling promoters in Mainland China and have...
South Korea casino firms fearing rumors of reduced Chinese tourist numbers Adam Morgan Latest Casino and Gambling NewsAsian Casino NewsSouth Korea October 25, 2016 0Shares in South Korean casino operators Paradise Company Limited and Grand Korea Leisure Company Limited have fallen by 5.02% and...
Gaming Analysts attribute increase in Macau tourism to Wynn Palace and Parisian Macao Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau October 25, 2016 0The Macau government has sought to transform the image of Macau from being the biggest gambling hub in the world...
$160m Sheraton Mirage acquisition by Star consortium to be finalized Kim M Latest Casino and Gambling NewsAustraliaMergers, Acquisitions & Partnerships October 25, 2016 0A Star Entertainment-led international joint venture is in the process of wrapping up a deal to pay as much as...
CEO of Star Entertainment avoids Macau after recent Crown arrests Sadonna Price Latest Casino and Gambling NewsAustraliaGaming Industry NewsMacau October 24, 2016 0Macau is a popular destination for businessmen and women who work in the casino gaming industry. The city is bustling...
Tigre de Cristal casino generates more than $8 million in taxes during first year of operation Renee Kingsley Latest Casino and Gambling NewsTaxationRussiaRussia October 23, 2016 0The Tigre de Cristal was the first casino to open in Russia’s Primorye Integrated Entertainment Zone, a special economic zone...
Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino Adam Morgan Latest Casino and Gambling NewsChinaEconomy/Finance October 21, 2016 0As it looks to develop a casino on South Korea’s Jeju Island, Hong Kong-listed New Silkroad Culturaltainment Limited is hoping...
Macau government to meet with casino operators following weekend arrests Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsMacauCrime October 21, 2016 0The government of Macau has announced that it will hold meetings with the six companies licensed to operate casino gambling...
Crown Resorts Limited to offload more of its business Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacau October 20, 2016 0After seeing 18 of its representatives arrested in China over the weekend, Australian casino operator Crown Resorts Limited has now...
Situation deepens for detained Crown Resorts Limited employees Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime October 20, 2016 0The case against the 18 employees of Crown Resorts Limited detained over the weekend just got worse as Chinese police...