Chow Tai Fook Enterprise set to acquire Baha Mar Lars Jones Casino SalesCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & Partnerships October 28, 2016 0After Chinese Export Import Bank (EXIM) in effect purchased Baha Mar from themselves using a Special Purpose Vehicle (SPV) named...
Mohegan Sun hires ex-Sands exec Robert Rubenstein Kim M Latest Casino and Gambling NewsTribal GamingConnecticutMergers, Acquisitions & Partnerships October 27, 2016 0In a press release on Tuesday, October 25, the Mohegan Tribal Gaming Authority, operator of Connecticut’s Mohegan Sun, announced the...
Galaxy Entertainment Group reports improved third-quarter performance Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 27, 2016 0Hong Kong-listed Galaxy Entertainment Group has released its unaudited financial results for the third quarter showing that it experienced a...
Chinese Authorities reported to have arrested 10 junket operators in continued Crown Resorts crackdown Renee Kingsley Latest Casino and Gambling NewsAustraliaChinaUnlicensed OperationMacau October 26, 2016 0The Australian newspaper has reported that Chinese authorities have continued their crackdown on gambling promoters in Mainland China and have...
$160m Sheraton Mirage acquisition by Star consortium to be finalized Kim M Latest Casino and Gambling NewsAustraliaMergers, Acquisitions & Partnerships October 25, 2016 0A Star Entertainment-led international joint venture is in the process of wrapping up a deal to pay as much as...
February soft launch for Nepal’s Tiger Palace Resort Adam Morgan Latest Casino and Gambling NewsCasino project updatesIndiaNepal October 24, 2016 2After July saw it launch an initial public offering that raised approximately $18.8 million to help fund future projects, Asian...
CEO of Star Entertainment avoids Macau after recent Crown arrests Sadonna Price Latest Casino and Gambling NewsAustraliaGaming Industry NewsMacau October 24, 2016 0Macau is a popular destination for businessmen and women who work in the casino gaming industry. The city is bustling...
Tigre de Cristal casino generates more than $8 million in taxes during first year of operation Renee Kingsley Latest Casino and Gambling NewsTaxationRussiaRussia October 23, 2016 0The Tigre de Cristal was the first casino to open in Russia’s Primorye Integrated Entertainment Zone, a special economic zone...
Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino Adam Morgan Latest Casino and Gambling NewsChinaEconomy/Finance October 21, 2016 0As it looks to develop a casino on South Korea’s Jeju Island, Hong Kong-listed New Silkroad Culturaltainment Limited is hoping...
Situation deepens for detained Crown Resorts Limited employees Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime October 20, 2016 0The case against the 18 employees of Crown Resorts Limited detained over the weekend just got worse as Chinese police...
Casino tax revenue in Cambodia increases more than one-third Kim M Latest Casino and Gambling NewsCambodiaTaxation October 19, 2016 0A report issued on Tuesday by Cambodia’s Ministry of Economy and Finance (MEF) indicates that over the first nine months...
Arrests of Crown employees in China set Macau and other gaming stocks adrift Sadonna Price Latest Casino and Gambling NewsChinaGaming Industry NewsCrime October 18, 2016 0Over the weekend, it was made known that 18 employees of Crown Resorts Ltd were detained by the authorities of...
Queensland government officially approves Queen’s Wharf Brisbane casino license for Star Entertainment Renee Kingsley Latest Casino and Gambling NewsAustraliaLicenses October 15, 2016 0Star Entertainment announced on October 14 that it had received an official casino license from the Queensland government to proceed...
Tigre de Cristal casino in Siberia sees exponential growth with Macau junkets Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsEconomy/FinanceRussia October 14, 2016 0Summit Ascent Holdings, the company that operators the Tigre de Cristal casino in the Russian Far East has reported exponential growth at...
Annual workforce plan submitted by Best Sunshine International Kim M Latest Casino and Gambling NewsGaming Law & LegislationLicensesNorthern Mariana IslandsSaipan October 13, 2016 0Best Sunshine International’s annual workforce plan is currently being reviewed by the Commonwealth of the Northern Mariana Islands (CNMI) Department...