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...
Upcoming visit of Chinese Premier may adversely affect Macau VIP gaming business Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 1, 2016 0Casino owners in Macau are bracing themselves for a potential downturn in VIP high-stakes business following news that Chinese Premier...
Successful jobs fair for coming MGM Casino Cotai Adam Morgan Latest Casino and Gambling NewsEmployment & CareersMacau September 29, 2016 6In Macau, a jobs fair held by MGM China Holdings Limited on Monday saw the casino operator hire more than...
Potential buyer of Baha Mar meets requirements set by government Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamas September 29, 2016 0Yesterday it was announced by Prime Minister Perry Christie that the potential buyer of the as yet unopened Baha Mar has...
Macau junket operator reports steep decline in rolling chip turnover Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 23, 2016 0After closing its high-roller operations at the Sands Cotai Central, the StarWorld Casino And Hotel Resort and the Galaxy Macau...
Genting Singapore adopting a “wait and see approach” to Japan Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceJapan September 22, 2016 0Global casino operator Genting Singapore looks likely to keep its upcoming annual dividend payments at the same level as 2015...
Tickets go on sale for direct flights from Beijing to Las Vegas Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaNevada September 21, 2016 0The tourism department in Nevada has worked hard for the last twenty years to open a direct route from China...
Uber decides to continue Macau operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 19, 2016 0Despite facing an official policy that has seen its users issued with some 379 fines totaling over $1.25 million since...
Imperial Pacific seeks to raise $300 million for Saipan resort with high-yield bonds Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceNorthern Mariana IslandsSaipan September 19, 2016 0Hong Kong based Imperial Pacific which is the parent company of Best Sunshine International, the company that runs the Best...
Bloomberry Resorts Corp plans to develop its second casino in Quezon City Renee Kingsley Latest Casino and Gambling NewsCasino proposalsCasino mogulsPhilippines September 19, 2016 0Bloomberry Resorts Corp which operates the Solaire Resort and Casino in Manila Bay has reported that its casino is currently...