Macau gross gaming revenue drops for 35% Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsMacau December 30, 2015 0Macau, once a successful gaming heaven, noted a sharp gross gaming revenue drop of 35.3% for the first 11 months...
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...
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...
James Packer’s Crown Resorts working to raise capital for Alon Las Vegas Renee Kingsley Las VegasAustraliaNew HotelsCasino project updatesEconomy/FinanceNevada December 11, 2015 0Australian billionaire James Packer and his Crown Resorts have a strong reputation in Australia and Macau and are now looking...
Steve Wynn buys 1 million Wynn Resorts shares Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada December 10, 2015 0One million shares of Wynn Resorts Ltd. were purchased on the open market by billionaire founder Steve Wynn, the owner...
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...
Macau’s new DICJ Leader promises to amend gaming laws to revive casino industry Renee Kingsley Gaming Law & LegislationCasino CheatingChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacauFines, Lawsuits & Litigation December 2, 2015 0While it is clear that Beijing’s anti-corruption crackdown on the Macau industry has caused the casino industry to suffer its...
Florida retirement community’s penny-ante mahjong game ruined by snitch Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsUnlicensed OperationFlorida November 30, 2015 0A notorious band of international gamblers has been shut down in Florida; well, not quite. Apparently someone was suspicious of...
Alleged mastermind of global football match-fixing ring released from detention Sadonna Price Latest Casino and Gambling NewsIllegal BookmakingSingapore November 25, 2015 0Tan Seet Eng, better known as Dan Tan, is one of 14 people that were arrested in September 2013 when...
Efforts to curb underground banking beefed up by China Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsChinaGaming Industry NewsMoney LaunderingIllegal BookmakingUnlicensed OperationOnline Gambling NewsAsian Casino NewsMacauFinancial Fraud November 25, 2015 0After the country’s largest underground banking operation was dismantled by authorities in China last week, handling online gambling transactions in...
Wynn Palace to be delayed 3 months in opening Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 19, 2015 0Wynn Palace of Cotai was set to open in March, but now the owner of the venue, Wynn Resorts Ltd,...
Sihanoukville casino owners suffer losses after Chinese authorities bust alleged extortion ring Renee Kingsley CambodiaChinaEconomy/FinanceEmployment & CareersAsian Casino NewsConspiracyCrimeRacketeering November 17, 2015 0The casino industry in Cambodia has grown rapidly during the last eighteen months and one of the main reasons for...
NagaCorp and Grand Korea Leisure dropping out of Korean resort license bidding D. Graham Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsCasino project updatesLicensesSouth Korea November 13, 2015 0Both South Korea’s state-run casino operator Grand Korea Leisure (GKL) and Hong Kong-listed NagaCorp have announced that they have abandoned...
Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again Renee Kingsley ChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau November 11, 2015 0Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a...