Macau government announces no interest in expanding IVS policy Sadonna Price Latest Casino and Gambling NewsChinaHong KongMacau March 30, 2016 0On Tuesday, Fernando Chui Sai, the Chief Executive of Macau, spoke to local media, stating that the government of Macau...
Six companies shortlisted as bidders for taking over Savan Vegas casino in Laos Alex Lanter LaosLatest Casino and Gambling NewsAsian Casino NewsMergers, Acquisitions & Partnerships March 29, 2016 0Last Friday the exclusive sales agent representing the Government of the Lao People’s Democratic Republic San Marco Capital Partners (SMC)...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...
Lippo Group no longer interested in “any gaming aspect” of Caesars Incheon casino: Plus So. Korea update Lars Jones Latest Casino and Gambling NewsCasino project updatesMergers, Acquisitions & PartnershipsSouth Korea March 26, 2016 0In a filing with the Hong Kong stock Exchange this week Lippo Worldwide Investments stated that it was in negotiations with Caesars...
Malaysian firm SV International may be betting big on Sihanoukville Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodia March 26, 2016 1A heretofore unheard of Malaysian company has plans to buy up every available land plot in the West Port free...
Junket company Jimei looks to coastal Cambodia for integrated casino resort Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodiaMergers, Acquisitions & Partnerships March 25, 2016 0A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Aquis creates Chinese partnership to finance Great Barrier Reef Resort Sadonna Price Latest Casino and Gambling NewsAustraliaCasino project updates March 18, 2016 0Tony Fung, a business tycoon of Hong Kong, has announced a new partnership with two development companies of China that...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Cyprus casino bidders named; Bloomberry, Hard Rock/Melco, NagaCorp Lars Jones Latest Casino and Gambling NewsCyprusLicenses March 15, 2016 0As expected, officials in Nicosia today announced the final three contenders for a single casino license in Cyprus. The preferred...
Bahamas Grand Lucayan Resort & Casino to be sold at auction Lars Jones Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance March 15, 2016 0HVS Capital Corp. has just announced that the Grand Lucayan Resort complex, which includes the Treasure Bay Casino is to be...
Neptune Group says VIP crisis inescapable Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau March 15, 2016 0Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing...
World’s most expensive hotel likely to open without casino; The 13 Lars Jones Latest Casino and Gambling NewsCasino project updatesMacau March 14, 2016 0Although Stephen Hung has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai...
Casino tycoon Lui Che-Woo to build Avatar styled theme park for Galaxy Macau Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsChinaCasino mogulsMacau March 9, 2016 0Macau billionaire Lui Che-Woo made his fortune by turning the Galaxy Entertainment Group Ltd into the third largest casino enterprise...
China online retailer Alibaba makes big gambling moves in lottery and poker Lars Jones ChinaLotteryMergers, Acquisitions & PartnershipsFantasy eSports March 8, 2016 0Alibaba Group Holding Ltd. and affiliates are reported to be investing HK$2.39 billion ($308 million) to gain about 59% control of AGTech Holdings Ltd....