Morgan Stanley reports decline in Macau VIP gambling and strong growth in International VIP gambling during Q2 Renee Kingsley Latest Casino and Gambling NewsMacau September 14, 2016 0Morgan Stanley recently released a market report for Q2 of 2016 covering the global VIP gambling market and revealed that...
Citi analysts say Cambodia’s NagaWorld casino will continue to benefit from Vietnam’s ban on local gambling Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCambodiaLicensesVietnam September 11, 2016 0Vietnam allows only foreign tourists to gamble at its casinos as locals are currently banned from gambling. There have been...
Studio City Casino Macau hopes to roll out VIP tables this month Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 8, 2016 0After announcing in July that it wanted to bring VIP gaming tables to its Studio City Casino Macau property, Melco...
Parisian Macao Casino Resort due to debut with 410 gaming tables Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 7, 2016 0The Parisian Macao Casino Resort from operator Las Vegas Sands Corporation subsidiary Sands China Limited is set to open on...
Tak Chun Group relocates resources to coming Parisian Macao Casino Resort Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships September 6, 2016 0Following yesterday’s news that Iao Kun Group Holding Company Limited had closed its operation inside the Sands Cotai Central, fellow...
Bloomberry Resorts Corp prevails in tax case Kim M Latest Casino and Gambling NewsTaxationFines, Lawsuits & LitigationPhilippines September 6, 2016 0Solaire Resort and Casino owner and operator Bloomberry Resorts Corp (BLOOM.PS) says that the Supreme Court of the Philippines has...
Tigre De Cristal principal posts six-month profit Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceRussia September 2, 2016 0The company behind the Tigre De Cristal casino resort in Russia’s Primorsky Krai region, Summit Ascent Holdings Limited, has released...
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...
Macau casino industry employment figures highlight market slowdown Martin Chua Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau August 24, 2016 0The number of people employed in the Macau casino industry during the second quarter dropped slightly when compared with the...
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...
Bangladesh central bank withholding results of investigation into cyber theft Adam Morgan Latest Casino and Gambling NewsHackingMoney LaunderingPhilippines August 15, 2016 0The central bank of Bangladesh has revealed that it is withholding the findings of an investigation into a February cyber...
Belle Corporation benefits from City Of Dreams Manila success Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines August 9, 2016 0Philippines real estate and gaming firm Belle Corporation has released its financial results for the first six months of 2016...
SJM Holdings Limited posts worse-than-expected first-half results Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 8, 2016 0Macau casino operator SJM Holdings Limited has released its interim financial results for the first half of 2016 showing a...
Philippines Bank forced to pay largest fine in the country’s history for role in Bangladesh heist Renee Kingsley Latest Casino and Gambling NewsMoney LaunderingFines, Lawsuits & LitigationPhilippines August 7, 2016 0Rizal Commercial Banking Corp (RCBC) in the Philippines made the news earlier this year for its role in the $81...
Macau tourism office closes Beijing Imperial Palace Hotel Martin Chua Latest Casino and Gambling NewsCasino NewsCasino closuresEconomy/FinanceMacauFines, Lawsuits & Litigation July 22, 2016 0The former New Century Hotel, and home to the shuttered Greek Mythology Casino in Taipa has been ordered shut down...