Duterte’s heavy hand reaching into the past to shake down Entertainment City operators Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines August 31, 2016 0Four casinos at Entertainment City have been ordered by the Philippine Amusement and Gaming Corp. to restore a license fee...
Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsFinancial Press ReleasesPhilippines August 16, 2016 0The Alliance Global Group in the Philippines and Genting Bhd in Malaysia created a joint venture company called the Travellers...
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...
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...
South Korea to make decision soon on awarding foreign casino licenses to operators: Updated Renee Kingsley Casino proposalsLicensesSouth Korea February 26, 2016 0UPDATE 2-25-2016: Mohegan–KCC Consortium wins license. South Korea currently has a total of 17 operational casinos and only one that...
Macau junkets to benefit from new app that provides up to date information Renee Kingsley ChinaMoney LaunderingAsian Casino NewsMacau February 2, 2016 0Macau’s casino industry has been in decline for the last 24 months due to the significant decline of VIP gamblers...
DICJ says number of Macau junkets down to 141 Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau January 30, 2016 0Since January 2015, the number of VIP junkets in Macau has decreased to 141 from 183, according to data from...
Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016 Renee Kingsley Gaming Law & LegislationChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau January 15, 2016 0Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...
Junket association happy with tighter regulations imposed by Macau government Renee Kingsley Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud November 2, 2015 0Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...
Neptune Group contemplates shutting down Macau junket operation Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships September 29, 2015 0Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post...
Macau junket ops taking debtors to court Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacauFines, Lawsuits & Litigation September 5, 2015 0According to a report on Macau Business Daily (MBD), there has been a major increase in filings with the Court of...
Wynn Macau loses VIP junket services Sadonna Price Latest Casino and Gambling NewsMacau August 3, 2015 0Due to the struggling economy in Macau, junkets in the area have decided to stop offering services at the Wynn...
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
Professor Zeng of Polytechnic Institute suggests tighter junket regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau April 22, 2015 0Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...