Hong Kong and Macau investors may open entertainment venues in Guangdong Martin Chua Latest Casino and Gambling NewsChinaHong KongMacau June 6, 2016 0Beijing has given the green light for Hong Kong and Macau businesses to open entertainment venues, sans casinos, in the southern province...
Grand Lisboa Palace to seek 400+ tables when open in 2017 Martin Chua Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau May 24, 2016 0The new Cotai development, Grand Lisboa Palace, expects to request 400-500 new-to-market gaming tables before it opens in late 2017 or early...
Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m MacauCasinos.com Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships May 9, 2016 0Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s...
SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau May 4, 2016 0SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the...
Hong Kong-listed Louis XIII Holdings Ltd is now officially The 13 Holdings Ltd Alex Lanter Latest Casino and Gambling NewsCasino project updatesAsian Casino NewsMacau May 3, 2016 0Louis XIII Holdings Limited has officially changed the name of its Macau hotel property into The 13. The Hong Kong-based...
Wynn Palace recruitment drive nets 3,600 employees Adam Morgan Latest Casino and Gambling NewsLas VegasWorld Casino NewsCasino project updatesEmployment & CareersMacau April 28, 2016 0Ahead of its planned opening on the Cotai Strip later in the year, the Wynn Palace resort casino has hired 3,600 employees following...
Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaCasino project updatesEconomy/FinanceMacau April 21, 2016 0The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its...
Analyst says nearby construction hurting Studio City’s opening momentum Kim M Latest Casino and Gambling NewsEconomy/FinanceMacau April 20, 2016 0A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued...
Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau April 15, 2016 0The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...
Morgan Stanley reports Macau could reach overcapacity by 2017 Sadonna Price Latest Casino and Gambling NewsMacau April 13, 2016 0With several new resort venues in the works for the city of Macau, analysts believe that by 2017, the city...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
Las Vegas Sands agrees to pay $9 million to end Macau bribery probe Lars Jones Latest Casino and Gambling NewsLas VegasMacauBriberyFines, Lawsuits & Litigation April 8, 2016 0Las Vegas Sands Corp (NYSE: LVS) agreed Thursday to pay $9 million in order to end a five year probe into...
Wynn Palace to potentially miss June deadline Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau April 8, 2016 0The Wynn Palace resort, a venue currently under construction in Cotai, was set to open on the 25th of June,...
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...