No dividend for Wynn Macau Limited investors as six-month net profit drops over 20% Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau August 22, 2016 0Casino operator Wynn Macau Limited has released its interim financial results for the first six months of 2016 showing a...
Hong Kong billionaire Tony Fung cancels plan to build $8 billion Great Barrier Reef Casino Resort Renee Kingsley Latest Casino and Gambling NewsAustraliaCasino project updatesLicensesMacau August 21, 2016 0Hong Kong billionaire Tony Fung recently confirmed that his firm has decided to drop the plan of developing the Aquis...
Prime Minister Perry Christie faces pressure as he fails to announce new buyer for failed Baha Mar Casino Resort Renee Kingsley Latest Casino and Gambling NewsCasino project updatesBahamasFines, Lawsuits & Litigation August 21, 2016 0The $3.5 billion Baha Mar Casino resort in the Bahamas was a very important project for the country as it...
New gambling zone to be created in Sochi Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationRussia August 21, 2016 0The city of Sochi is set to create a new gambling zone after Dmitry Medvedev, the Russian Prime Minister, gave...
Studio City Casino Macau facing loan default calamity Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau August 20, 2016 0As the $4.2 billion Wynn Palace Cotai casino resort from operator Wynn Resorts Limited gets set to open its doors...
Trio of junket operators to operate VIP rooms at Wynn Palace Cotai Adam Morgan Latest Casino and Gambling NewsCasino project updatesMacauMergers, Acquisitions & Partnerships August 19, 2016 0The coming $4.2 billion Wynn Palace Cotai development from operator Wynn Resorts Limited is set to open its doors on...
MGM Resorts International increases stake in Macau subsidiary Martin Chua Latest Casino and Gambling NewsCasino NewsCasino project updatesEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 17, 2016 0American casino operator MGM Resorts International has spent around $325 million in order to acquire an additional 5% stake in...
Stalled Baha Mar Casino Resort caused the Bahamas to lose over $315 million in revenue Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino project updatesBahamasEmployment & CareersTaxationFines, Lawsuits & Litigation August 16, 2016 0Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in...
Wynn Palace Cotai to open in a week, moving 250 Wynn Macau gaming tables Martin Chua Latest Casino and Gambling NewsCasino project updatesLicensesMacau August 15, 2016 0Ahead of next week’s planned opening of its new $4.2 billion Wynn Palace Cotai development, American casino operator Wynn Resorts...
Grand Korea Leisure reports significant second quarter improvement Kim M Latest Casino and Gambling NewsEconomy/FinanceSouth Korea August 15, 2016 0In this year’s second quarter, South Korean operator Grand Korea Leisure Co Ltd.’s (114090.KS) net income rose to KRW25.6bn (US$23.1m),...
MelcoLot Limited may revisit Spanish casino project as half-year results improve Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 11, 2016 0Chinese sports lottery operator MelcoLot Limited has released its financial results for the first half of 2016 showing a 41%...
SJM CEO says Grand Lisboa Palace will likely open in 2018; Casino Jai Alai should open by year’s end Kim M Latest Casino and Gambling NewsCasino project updatesMacau August 11, 2016 0Chief Executive Officer of SJM Holdings Limited (880:Hong Kong) Dr. Shu Fai So, also known as Ambrose So, said on...
MGM Cotai Casino Resort to open “only with mass tables” Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau August 10, 2016 0After announcing late last week that it had delayed the opening of its MGM Cotai Casino Resort until the second...
Analysts positive on future of Macau casino gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 10, 2016 0Japanese financial services giant Nomura Holdings is predicting that casinos in Macau are on track to record their smallest monthly...
NagaCorp Limited reports improved first-half profit Adam Morgan Latest Casino and Gambling NewsCambodiaEconomy/Finance August 9, 2016 0Cambodian casino operator NagaCorp Limited has released its interim financial results for the first six months of 2016 showing a...