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Lisboa Palace set to open later 2017

Martin Chua
Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau
June 17, 2016 0
Macau casino operator SJM Holdings Ltd. (hk:0880) said Thursday that their Grand Lisboa Palace casino is set to open in the...

The 13 hotel to open after summer 2016

Martin Chua
Latest Casino and Gambling NewsNew HotelsCasino project updatesMacau
June 16, 2016 0
The 13 hotel, which formerly had a working name of Louis XIII is completing the interior finishes of construction on...

Planned Manila casino to target mass market players

Adam Morgan
Latest Casino and Gambling NewsCasino proposalsPhilippines
June 11, 2016 0
The Chairman and Chief Executive Officer for Bloomberry Resorts, Enrique Razon, has reportedly revealed that a new casino his firm...

Hong Kong and Macau investors may open entertainment venues in Guangdong

Martin Chua
Latest Casino and Gambling NewsChinaHong KongMacau
June 6, 2016 0
Beijing 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 0
The 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 0
Melco 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 0
SJM 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 0
Louis 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 0
Ahead 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 0
Well-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 0
The 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 0
A 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 0
The 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 0
With 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 0
MGM Growth Properties LLC  MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
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