Ahead of Saturday referendum Taiwan President says casinos not needed in Penghu Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationTaiwan October 14, 2016 0Penghu, one of the outlying islands in Taiwan is expected to vote on October 15 on a referendum that could...
NagaCorp Limited “on schedule” in Russia after overcoming construction delay Adam Morgan Latest Casino and Gambling NewsCasino project updatesRussia October 12, 2016 0After earlier reporting that construction on its Seaside Entertainment Resorts City in Russia’s Primorsky Krai region had been delayed due...
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...
Ferry ticket discount deal inked between Melco and Shun Tak Kim M Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships October 11, 2016 0A deal has been reached between Hong Kong-based Melco International Development Ltd, (HKG:0200), whose chairman is billionaire gaming mogul Lawrence...
Golden Week sets stage for third month of Macau recovery Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau October 10, 2016 0Golden Week holiday saw visits from the Chinese mainland to Macau increased to about 970,000 from October 1 through 7...
Okada Manila soft launch delay due to bad weather Alex Lanter Latest Casino and Gambling NewsCasino project updatesPhilippines October 10, 2016 0The 110 acres (44 hectar) casino and hotel resort in Entertainment City, Manila, the Okada Manila, will delay its November...
Optimistic outlook for Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 6, 2016 0After recording two months of year-on-year growth following 26 months of consecutive declines, combined casino gross gaming revenues in Macau...
Ho family eyes Crimean gambling zone as possible investment? Kim M Latest Casino and Gambling NewsCasino project updatesRussia October 6, 2016 0Stanley Ho-controlled SJM Holdings Limited (HKG:0880) and Summit Ascent Holdings Ltd (HKG:0102), controlled by son Lawrence, may be looking to...
Galaxy Macau Casino Resort posts better-than-expected numbers Martin Chua Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau October 5, 2016 0Hong Kong-listed casino operator Galaxy Entertainment Group has revealed that its Galaxy Macau Casino Resort has reported better than expected...
Macau junket operator closes fourth VIP room and lets South Korea casino purchase lapse Adam Morgan Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships October 5, 2016 0After announcing last month that it had closed its high-roller operations at the Sands Cotai Central, the StarWorld Casino And...
Sanum Investments wins round in legal fight with Laos gov’t Kim M LaosLatest Casino and Gambling NewsTaxationFines, Lawsuits & Litigation October 5, 2016 0Sanum Investments, a subsidy of Lao Holdings NV, which formerly managed the Savan Vegas Hotel and Casino located in the...
Bahamas Supreme Court places seven Baha Mar companies into full liquidation Renee Kingsley Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation October 5, 2016 0The $3.5 billion Baha Mar casino resort in the Bahamas has been surrounded in controversy for the last couple of...
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...
Las Vegas Sands Corp case against VIP Chinese gamblers reveals possible loopholes Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaMoney LaunderingFines, Lawsuits & LitigationNevada October 4, 2016 0The Las Vegas Sands Corp is trying to recover $6.4 million in gambling debts from two VIP Chinese gamblers who...
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...