Macau government announces no interest in expanding IVS policy Sadonna Price Latest Casino and Gambling NewsChinaHong KongMacau March 30, 2016 0On Tuesday, Fernando Chui Sai, the Chief Executive of Macau, spoke to local media, stating that the government of Macau...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...
Over 600 new employees to be hired at Parisian Macao Resort Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 27, 2016 2The Parisian Macao is currently under construction in Cotai and once finished, will be in need of employees to fill...
Canadian property firm hired to find buyer for Baha Mar Resort: Updated Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamas March 26, 2016 1The Baha Mar resort seemingly has had trouble from the very start and while it remains unfinished, the property is...
Junket company Jimei looks to coastal Cambodia for integrated casino resort Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodiaMergers, Acquisitions & Partnerships March 25, 2016 0A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop...
MGM Growth Properties files IPO; Expects to raise $100 million Alex Lanter Latest Casino and Gambling NewsLas VegasEconomy/FinanceFinancial Press Releases March 25, 2016 0In October, 2015, MGM revealed plans of starting a real estate investment trust (REIT) called MGM Growth Properties. Several months...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Yacht club border post coming to Macau Fisherman’s Wharf Kim M Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0On Monday, the Macau government confirmed that the proposed waterside development facility, Macau Fisherman’s Wharf, currently under construction will have...
Aquis creates Chinese partnership to finance Great Barrier Reef Resort Sadonna Price Latest Casino and Gambling NewsAustraliaCasino project updates March 18, 2016 0Tony Fung, a business tycoon of Hong Kong, has announced a new partnership with two development companies of China that...
World’s most expensive hotel likely to open without casino; The 13 Lars Jones Latest Casino and Gambling NewsCasino project updatesMacau March 14, 2016 0Although Stephen Hung has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai...
Taiwan’s Penghu island to hold referendum to seek approval for casino gaming Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationTaiwanChinaLicenses March 10, 2016 0Taiwan’s small island chain consisting of Penghu, Matsu and Kinmen have been pushing hard for a number of years to...
Casino tycoon Lui Che-Woo to build Avatar styled theme park for Galaxy Macau Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsChinaCasino mogulsMacau March 9, 2016 0Macau billionaire Lui Che-Woo made his fortune by turning the Galaxy Entertainment Group Ltd into the third largest casino enterprise...
Steve Wynn’s compensation falls as VIP tables are ignored by Chinese gamblers Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 7, 2016 0With fewer VIP gamblers visiting Macau, the casinos in the once bustling city are now earning less money. With less...
Hard Rock plans to expand business in Asia Pacific region Kim M Latest Casino and Gambling NewsChinaJapanVietnam March 6, 2016 0Preparations to expand its business in the Asia-Pacific region are being made by the Hard Rock Group, according to Hong...
Cambodian authorities continue crackdown on Chinese gamblers in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaChinaMacau March 3, 2016 0Ever since Macau launched its anti-corruption crackdown targeting VIP gamblers from Mainland China, these gamblers have preferred to travel to...