Bernstein reports that mass GGR contributed around 52% of Macau’s December GRR Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsMacau January 13, 2016 0Hong Kong based brokerage Sanford C. Bernstein published a note claiming that approximately 52% of Macau’s December casino gross gaming...
Macau’s Jimei casino wants junket operators to focus on VIP slot players Renee Kingsley Casino expansion projectsChinaAsian Casino NewsMacau January 13, 2016 0Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same...
Kyrgyzstan announces gambling complex; Service available to foreign citizens only Alex Lanter Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsKyrgyzstanAsian Casino News January 11, 2016 0The Central Asian country of Kyrgyzstan has revealed plans to create an integrated resort consisting of three hotels, commercial facilities,...
Is future technology industry advantageous for Nevada’s gaming industry? D. Graham Latest Casino and Gambling NewsLas VegasWorld Casino NewsGaming Industry NewsTechnologyEconomy/FinanceNevada January 8, 2016 0While major Nevada casino stakeholders have been heavily investing in the emerging Asian gambling markets, one Chinese entrepreneur is betting...
Star Entertainment proposes 200 meter hotel tower in Sydney to compete with Packer’s Barangaroo Casino Resort Renee Kingsley AustraliaCasino expansion projectsChinaAsian Casino NewsOceania Casino News January 4, 2016 0The fierce competition between Star Entertainment and Crown Resorts, two of the biggest casino operators in Australia, is working out...
Chinese gamblers flock to Siberia’s Tigre de Cristal Casino Lars Jones Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesEconomy/FinanceRussiaRussia December 31, 2015 0In spite of several unavoidable delays, Tigre de Cristal Casino opened its doors on October 8, 2015 and is operating...
Decline in casino revenue expected for Singapore in 2016 Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacauSingapore December 28, 2015 0The attention of investors has been focused on the reduction of casino revenues at a rapid rate in Macau for...
Omnibus spending bill kept $1 billion in tax breaks, preserved casino REITs Lars Jones Latest Casino and Gambling NewsU.S.A.Las VegasCasino NewsEconomy/FinanceTaxationBankruptcyNevada December 26, 2015 0On December 18 the House and Senate passed a $1.1 trillion omnibus tax & spending bill that averted a shutdown...
Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016 Renee Kingsley Economy/FinanceAsian Casino NewsMacau December 22, 2015 0Gambling establishments who were expecting better things from the Macau government in 2016 had their hopes doused yet again as...
Sands Cotai opens fourth tower with St. Regis Macao Kim M Latest Casino and Gambling NewsWorld Casino NewsChinaNew HotelsGaming Industry NewsMergers, Acquisitions & Partnerships December 19, 2015 0Sands Cotai Central in Macau, a UNESCO World Heritage Site, has gained its fourth hotel as St. Regis Hotels &...
Hengqin SEZ increases land mass and invites Hong Kong investors to establish new businesses Renee Kingsley ChinaEconomy/FinanceAsian Casino NewsMacau December 16, 2015 0The state council recently approved Hengqin Island’s request to double its land mass and increase the area of its special...
Macau authorities investigate two officials who are suspected of taking bribes Renee Kingsley Casino CheatingChinaMoney LaunderingAsian Casino NewsMacauCrimeRacketeeringBribery December 16, 2015 0Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level...
Macau authorities turn their attention to AliPay operations Renee Kingsley Casino CheatingMoney LaunderingUnlicensed OperationAsian Casino NewsMacauCrime December 15, 2015 0There appears to be no let up in Macau’s anti-corruption crackdown on the gambling industry as Macau authorities recently announced...
Australian greyhounds deemed too slow get “Death Row” sentence Kim M Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsChinaGaming Industry NewsMacauVietnam December 11, 2015 1A practice that breeches racing rules exports hundreds of Australian greyhounds, determined by their owners and trainers to be to...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...