Legend Palace Hotel to open in Macau from next week Adam Morgan Latest Casino and Gambling NewsCasino openingsMacau February 20, 2017 0In Macau, the boss for Macau Legend Development Limited has reportedly revealed that his firm intends to open its new...
Melco Crown Entertainment Limited posts positive fourth-quarter performance Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceAsian Casino News February 18, 2017 0Asian casino operator Melco Crown Entertainment Limited has released its financial results for the fourth quarter of 2016 detailing a...
Australian casino operator to reduce reliance on Chinese high-stakes gamblers Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/Finance February 16, 2017 0In the wake of November’s arrests in China of 18 employees of Crown Resorts Limited, fellow Australian casino operator The...
Legend Palace Hotel granted consent to operate 15 new-to-market gaming tables Adam Morgan Latest Casino and Gambling NewsCasino project updatesLicensesMacau February 15, 2017 0In Macau, the coming five-star Legend Palace Hotel Casino development from Asian casino operator Macau Legend Development Limited has reportedly...
More stringent anti-money laundering rules on the horizon for Philippine casinos Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationMoney LaunderingPhilippines February 10, 2017 0In the Philippines, lawmakers reportedly look set to require the nation’s land-based casinos to observe more stringent anti-money laundering rules...
Fitch isn’t rating $70m in Imperial Pacific unsecured notes released Wednesday Lars Jones Latest Casino and Gambling NewsNew HotelsCasino project updatesEconomy/FinanceSaipanSaipan February 9, 2017 0In a Thursday press release, Fitch Ratings said they have not assigned a rating to US$70 million in 8.5% per...
Macau’s new Legend Palace Hotel to open “as early as possible” Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau January 28, 2017 1Asian casino operator Macau Legend Development Limited has reportedly declared that it hopes to open its new Legend Palace Hotel...
FederBet’s General Secretary will speak about the process of fighting for fair betting at Georgia Gaming Congress Lars Jones Latest Casino and Gambling NewsConferences / Trade ShowsGeorgia-Eurasia January 24, 2017 0Francesco Baranca, the main European expert in dealing with betting cheats, will appear at the gambling conference in Tbilisi –...
Government confirms local gambling for Vietnamese in published decree Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceLicensesVietnam January 20, 2017 0The Vietnam government published a long-awaited decree today (Friday 1-20-2017) confirming a three-year pilot program and setting out rules for...
Gaming expert recommends Macau lower casino tax rates Adam Morgan Latest Casino and Gambling NewsMacauTaxation January 12, 2017 0In Macau, a local gaming expert has reportedly recommended that the government should consider lowering the tax rate on VIP...
Imperial Pacific downgraded by Fitch Ratings; Saipan casino set to open in first quarter Sadonna Price Latest Casino and Gambling NewsSaipan January 12, 2017 1Imperial Pacific International Holdings Limited has been downgraded by Fitch Ratings after concerns arose involving long-term construction funding for the...
Major casino operators resume marketing efforts in China Renee Kingsley Latest Casino and Gambling NewsChinaMacau January 4, 2017 0The authorities in China arrested 17 Crown Resort employees in October 2016 on alleged gambling related crimes and caused major...
Philippines President Duterte axes all online gambling in the country, or maybe not Lars Jones Latest Casino and Gambling NewsCasino NewsCasino closuresOnline Gambling NewsLicensingPhilippines December 22, 2016 0See update below In a sweeping move seen as the reversal of an earlier pledge to allow online gambling operations...
Macau sees higher November hotel occupancy rate as average room price drops Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsMacau December 21, 2016 0The average daily hotel occupancy rate in Macau increased by 6.6% year-on-year last month to hit 91.6% while the median...
Macau casino market to finish 2016 on a high due to VIP recovery Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 15, 2016 0In Macau, gaming industry experts have predicted that aggregated gross gaming revenues for December could rise by as much as...