Paradise City predicted to temporarily hurt South Korean operator’s bottom line Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSouth Korea March 1, 2017 0In South Korea, a leading local brokerage has reportedly explained that it expects the opening of the first phase of...
Paradise profits back in the black in South Korea Kim M Latest Casino and Gambling NewsEconomy/FinanceSouth Korea January 8, 2017 0In the 12 months ending December 31, 2016, casino revenue of South Korean operator Paradise Co Ltd (034230.KQ) increased by...
South Korea casino hopeful signs deal to draw down syndicated loan Adam Morgan Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsSouth Korea December 21, 2016 0Chinese real estate developer and operator New Silkroad Culturaltainment Limited has reportedly announced that its controlling shareholder has agreed to...
Landing Casino tops South Korea anti-money laundering assessment Adam Morgan Latest Casino and Gambling NewsSouth Korea December 19, 2016 0In South Korea, Landing International Development Limited has announced that its Landing Casino inside the Hyatt Regency Jeju hotel has...
Bloomberry Resorts Corporation interested in opening a casino in Japan Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsPhilippines December 13, 2016 0Philippines casino operator Bloomberry Resorts Corporation has reportedly revealed that it would be interested in opening a facility in Japan...
Paradise City pre-opening costs hit South Korean operator’s bottom line Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSouth Korea November 9, 2016 0A day after Grand Korea Leisure Company Limited reported improved third-quarter financial results and the picture is not as good...
South Korea casino firms fearing rumors of reduced Chinese tourist numbers Adam Morgan Latest Casino and Gambling NewsAsian Casino NewsSouth Korea October 25, 2016 0Shares in South Korean casino operators Paradise Company Limited and Grand Korea Leisure Company Limited have fallen by 5.02% and...
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...
Macau junket operator closes fourth VIP room and lets South Korea casino purchase lapse Adam Morgan Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships October 5, 2016 0After announcing last month that it had closed its high-roller operations at the Sands Cotai Central, the StarWorld Casino And...
Macau junket operator reports steep decline in rolling chip turnover Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 23, 2016 0After closing its high-roller operations at the Sands Cotai Central, the StarWorld Casino And Hotel Resort and the Galaxy Macau...
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...
Junket operator abandons two more Macau casinos Martin Chua Latest Casino and Gambling News September 15, 2016 0After announcing a little over a week ago that it had closed its high-roller operations at the Sands Cotai Central,...
Table games performance helps South Korean casino operator’s bottom line Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSouth Korea September 6, 2016 0South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in...
Junket operator abandons Sands Cotai Central Martin Chua Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau September 5, 2016 0After earlier reporting a 47% drop year-on-year in company-wide rolling chip volumes for the first seven months of 2016 to...
Paradise Group makes first American purchase Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsSouth Korea August 22, 2016 0South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in...