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...
Tigre de Cristal to experience VIP growth over next two years Sadonna Price Latest Casino and Gambling NewsCasino expansion projectsEconomy/FinanceRussia December 12, 2016 0In late June, the Tigre de Cristal decided to work with two fixed room junket operators. Since that time, the...
VinaCapital announces name and opening date for Vietnam casino Sadonna Price Latest Casino and Gambling NewsCasino project updatesVietnam December 11, 2016 0The VinaCapital Group announced this week information in regards to a casino project the company has been working on for...
Bloomberry to retain Jeju Sun Hotel & Casino Lars Jones Casino SalesLatest Casino and Gambling NewsMergers, Acquisitions & PartnershipsPhilippinesSouth Korea December 9, 2016 0Bloomberry Resorts Corp. will not be conveying their Jeju Sun Hotel and Casino property to the Iao Kun Group after...
Macau gaming regulator predicts positive future for local casino industry Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 9, 2016 0The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated...
Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationChinaEconomy/FinanceMacau December 9, 2016 0Macau casino stocks took a hit after it was announced that Macau’s Monetary Authority (MMA) would impose restrictions on UnionPay...
Anti-Money Laundering Council of the Philippines hopes to recover Bangladesh stolen funds Sadonna Price Latest Casino and Gambling NewsFines, Lawsuits & LitigationPhilippines December 7, 2016 0The Anti-Money Laundering Council or AMLC is working to recover $81 million that was stolen last February. The Philippine based group...
Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant Renee Kingsley Latest Casino and Gambling NewsChinaUnlicensed OperationOnline Gambling NewsMacauPhilippines December 7, 2016 0Macau based and Hong Kong listed Jimei International Entertainment Group Limited released a statement to distance itself from its controlling...
Japan’s lower house passes casino bill; Expected to be signed into law by Dec. 14 Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCasino NewsEconomy/FinanceJapanLicensesTaxation December 6, 2016 0Japan has taken another major step toward lifting the country’s ban on casinos and opening what could become one of...
Crown Resorts Limited urged to make a complete confession Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime December 5, 2016 0In order to help improve the fate of its 18 employees currently under arrest in China after being detained in...
Greek Mythology stakeholder Amax posts $18.3m loss first half FY 2017 Lars Jones VanuatuLatest Casino and Gambling NewsEconomy/FinanceMacau November 28, 2016 0Amax International Holdings Limited (HKEx:959), a stakeholder in Taipa, Macau’s shuttered Greek Mythology Casino at the Beijing Imperial Palace Hotel,...
Arrested Crown Resorts Limited employees meet with Australian officials Adam Morgan Latest Casino and Gambling NewsChinaGaming Industry NewsCrime November 24, 2016 0The three Australian employees of Crown Resorts Limited detained by Chinese police last month before being formally arrested earlier this...
Tak Chun Group inaugurates Studio City Casino Macau VIP operation Adam Morgan Latest Casino and Gambling NewsCasino NewsMacauMergers, Acquisitions & Partnerships November 23, 2016 0Yesterday saw Macau VIP junket firm Tak Chun Group officially open an operation inside the Studio City Casino Macau featuring...