Crown profits drop on VIP decline, digital sector on the rise Alex Lanter Latest Casino and Gambling NewsAustraliaEconomy/FinanceFinancial Press Releases August 7, 2017 0Australian casino operator Crown Entertainment saw a 15% drop in profits for the full year ended June, Asian news service...
Crown Resorts Limited selling off final stake in casino-operating joint venture Adam Morgan Casino SalesLatest Casino and Gambling NewsAustraliaMergers, Acquisitions & Partnerships May 9, 2017 0Australian casino operator Crown Resorts Limited has announced that it expects to receive around $1 billion after agreeing to sell...
Asian junket operator ends Cambodian partnerships Adam Morgan Latest Casino and Gambling NewsCambodiaEconomy/FinanceMacau April 1, 2017 0Asian junket operator Jimei International Entertainment Group Limited has reportedly announced the end of a partnership with NagaCorp Limited that...
Crown Resorts set to begin A$500 million debt retirement Lars Jones Latest Casino and Gambling NewsAustraliaEconomy/Finance March 6, 2017 0Crown Resorts Limited (CWN:ASE) announced on the Australian Stock Exchange Monday that they intend to buy-back approximately A$500 million (about...
Rowen Craigie reportedly set to leave Crown Resorts Limited Adam Morgan Latest Casino and Gambling NewsAustraliaGaming Industry News February 22, 2017 0Australian casino operator Crown Resorts Limited is set to unveil its annual interim financial results tomorrow and reports abound that...
Clubs NSW agrees ten-year CrownBet deal in New South Wales Adam Morgan Latest Casino and Gambling NewsAustraliaSports bettingMergers, Acquisitions & Partnerships February 7, 2017 0In Australia, casino operator Crown Resorts Limited has announced that its CrownBet online sportsbetting service has signed a ten-year deal...
Crown Resorts to abandon Alon Las Vegas and dispose more of its stake in Macau casinos Renee Kingsley Latest Casino and Gambling NewsLas VegasAustraliaCasino expansion projectsChinaEconomy/FinanceMacau December 15, 2016 0Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also...
Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant Renee Kingsley Latest Casino and Gambling NewsChinaUnlicensed OperationOnline Gambling NewsMacauPhilippines December 7, 2016 0Macau based and Hong Kong listed Jimei International Entertainment Group Limited released a statement to distance itself from its controlling...
Chinese authorities arrest 18 Crown Resort employees for alleged gambling recruitment activities Renee Kingsley Latest Casino and Gambling NewsAustraliaChinaIllegal BookmakingMacau October 16, 2016 0Authorities in China have arrested 18 Crown Resort employees and are questioning them in regards to their involvement in illegal...
Bloomberry Resorts Corporation refutes Jeju Sun Hotel And Casino sale extension claim Adam Morgan Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsSouth Korea September 27, 2016 0Bloomberry Resorts Corporation is refuting a claim that it has agreed to extend the closing date for the sale of...
Macau junket operator facing lawsuit following closures Martin Chua Latest Casino and Gambling NewsMacauFines, Lawsuits & Litigation September 16, 2016 0In Macau, VIP junket operator Iao Kun Group Holding Company Limited could be facing a lawsuit after recently announcing that...
Crown Resorts Limited annual profit hurt by depressed Macau market Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/Finance August 17, 2016 0Australian casino operator Crown Resorts Limited has released its financial results for the twelve months to the end of June...
Macau junket promoter Iao Kun to acquire Jeju Sun in Korea for $100m Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & PartnershipsSouth Korea June 26, 2016 0Bloomberry Resorts Corp. said in a filing the Philippine Stock Exchange last week that it’s subsidiary Solaire Korea Co. Ltd is selling their 96.23...
Crown Resorts placed on Rating Watch Negative Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/FinanceMergers, Acquisitions & Partnerships June 20, 2016 0Australian casino operator Crown Resorts has been placed on Rating Watch Negative by credit ratings agency Fitch Ratings after it...
Alon Las Vegas may be delayed beyond 2018: Updated Lars Jones Latest Casino and Gambling NewsLas VegasCasino project updatesEconomy/FinanceNevada March 2, 2016 0The story today seems to be much as it was in December when Larry Gandler, a gaming analyst for Credit...