Morgan Stanley reports decline in Macau VIP gambling and strong growth in International VIP gambling during Q2 Renee Kingsley Latest Casino and Gambling NewsMacau September 14, 2016 0Morgan Stanley recently released a market report for Q2 of 2016 covering the global VIP gambling market and revealed that...
Macau breaks 26 month streak on Wynn Palace opening, overall mass improvement Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 1, 2016 0After a 4.5 percent decrease in July, Macau has finally broken a losing trend beginning after May 2014. According to data...
Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLicensesPhilippines August 26, 2016 0The end result of president Duterte’s crackdown on gambling in the country might not be a concern for the integrated resort casinos...
Philippines: Pagcor to issue online gambling permits with six months initial validity Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationOnline gambling regulationPhilippines August 24, 2016 0Pagcor, the Philippine Amusement and Gaming Corporation who owns and operates casinos and delegates land based casino licenses in the most...
Gambling-related crime increases in Macau Martin Chua Latest Casino and Gambling NewsMacauCrime August 23, 2016 0The most senior law enforcement official in Macau has revealed that the number of criminal offences related to gambling or...
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...
Wynn Resorts most expensive casino ‘Wynn Palace’ opens on August 22 in Macau Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau August 20, 2016 1Steve Wynn, billionaire and chairman of Wynn Resorts, has developed some of the most well known casinos in Macau and...
Israel’s finance minister vows no horse racing or slot machines Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationHorse RacingIsrael August 7, 2016 0The finance minister of Israel, Moshe Kahlon stated that he will not permit horse racing and slot machines as long...
MGM Resorts reports better second quarter results than expected Renee Kingsley Latest Casino and Gambling NewsLas VegasCasino openingsMacauNevada August 5, 2016 0MGM Resorts International, the biggest casino operator on the Vegas strip recently released results of its second quarter which outperformed analyst’s...
Slight increase in revenue end of Nevada fiscal year; Macau numbers still down y-o-y Kim M Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada August 1, 2016 0A revenue summary released by the by the Nevada Gaming Control Board on Friday shows that for the month of...
Philippines regulator revokes 124 online gambling licenses Adam Morgan Latest Casino and Gambling NewsOnline Gambling NewsLicensingPhilippines August 1, 2016 0As it steps up efforts to stop operations that cater to local players, the Philippine Amusement And Gaming Corporation has...
Macau economy predicted to return to growth in 2017 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau July 30, 2016 0The economy of Macau may be about to overturn three years of decline and return to growth thanks to a...
Las Vegas Sands Chairman Sheldon Adelson confirms Parisian Macao opening for September 13 Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino openingsMacau July 26, 2016 0Las Vegas Sands Chairman Sheldon Adelson recently held a conference call with analysts to discuss his company’s second quarter results...
Hong Kong judge orders casino cruise ship to be auctioned Adam Morgan Latest Casino and Gambling NewsCasino Cruise ShipsHong KongEconomy/FinanceLabor Relations July 13, 2016 0In Hong Kong, a High Court judge has ordered the owner of a once-successful casino cruise ship to sell the...