Grand Emperor Hotel to stop satellite casino operations by June Sadonna Price Latest Casino and Gambling NewsMacau April 4, 2022 0The Grand Emperor Hotel in Macau has plans to cease casino gaming operations by this summer. Just a few days...
Macau aggregated gross gaming revenues chalk up a disastrous March Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 1, 2022 0The many casinos in Macau reportedly saw their aggregated gross gaming revenues for March drop by 55.8% year-on-year to a...
Macau casino operators facing free cash flow to equity run rate crisis Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 30, 2022 0Some of the largest casino operators in Macau may reportedly start running out of ready cash in as little as...
The Star Entertainment Group Limited probe hears about Suncity Group link Adam Morgan Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMergers, Acquisitions & PartnershipsCrimeFines, Lawsuits & Litigation March 24, 2022 0In Australia and the public inquiry into The Star Entertainment Group Limited has reportedly been told that the local casino...
Summit Ascent Holdings Limited delays planned Tigre De Cristal expansion Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino expansion projectsGaming Industry NewsEconomy/FinanceRussia March 23, 2022 0Asian casino operator Summit Ascent Holdings Limited has reportedly announced that the planned $200 million expansion of its Tigre De...
South Korean firm investing in Russia’s far eastern casino zone Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsNew HotelsGaming Industry NewsEconomy/FinanceMergers, Acquisitions & PartnershipsRussia March 22, 2022 0In Russia and the state-owned Primorsky Krai Development Corporation has reportedly signed a deal that is to see South Korean...
More delays for under-construction South Korea casino resort project Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsCasino project updatesEconomy/FinanceLicensesMergers, Acquisitions & PartnershipsSouth Korea March 21, 2022 0In South Korea and the Chinese firm building an $800 million integrated casino resort near the port city of Incheon...
Asia Pioneer Entertainment Limited expecting to chalk up a 2021 slump Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsGame manufacturersEconomy/FinanceMacau March 21, 2022 0In Macau and electronic gaming machines heavyweight Asia Pioneer Entertainment Limited has reportedly announced that it soon expects to announce...
Net debt of Macau casino operators has quadrupled since 2019 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 17, 2022 0The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the...
Disappointing weekend for Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 15, 2022 0For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators...
Naga Vladivostok disposal possibility for NagaCorp Limited Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsGaming Industry NewsCasino project updatesEconomy/FinanceMergers, Acquisitions & PartnershipsRussia March 9, 2022 0A prominent Asian financial services and trading specialist has reportedly predicted that local casino operator NagaCorp Limited may now be...
Macau casino operators experience aggregated share price slump Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 8, 2022 0The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by...
NagaCorp Limited suspends development of Russian casino project Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsGaming Industry NewsCasino project updatesEconomy/FinanceMergers, Acquisitions & PartnershipsRussia March 4, 2022 0Asian casino operator NagaCorp Limited has reportedly indefinitely suspended its plan to bring a $350 million Las Vegas-style gambling development...
International Entertainment Corporation remains in PAGCor negotiations Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsNew HotelsGaming Industry NewsCasino project updatesEconomy/FinanceLicensesPhilippines March 1, 2022 0Asian leisure enterprise International Entertainment Corporation has reportedly announced that it is still in the process of negotiating the terms...
Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 1, 2022 0Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase...