Citi analysts predict slower but strong growth for NagaCorp in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaMacau April 18, 2016 0While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
PAGCOR defends gaming industry amidst money laundering incident Sadonna Price Latest Casino and Gambling NewsMoney LaunderingPhilippines April 3, 2016 0Philippine Amusement and Gaming Corporation Head Cristino Naguiat Jr. recently spoke with reporters, defending the gambling industry, stating that casinos...
Malaysian firm SV International may be betting big on Sihanoukville Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodia March 26, 2016 1A heretofore unheard of Malaysian company has plans to buy up every available land plot in the West Port free...
City of Dreams expanded retail space to open mid-year Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0Melco Crown Entertainment Ltd has been working on the City of Dreams casino resort of Macau for some time now,...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Neptune Group says VIP crisis inescapable Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau March 15, 2016 0Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing...
Macau casino labor group worry lay-offs will result from recent gaming earnings decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau March 12, 2016 0As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of...
Steve Wynn’s compensation falls as VIP tables are ignored by Chinese gamblers Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 7, 2016 0With fewer VIP gamblers visiting Macau, the casinos in the once bustling city are now earning less money. With less...
$100 million money laundering probe in the Philippines: report Lars Jones Latest Casino and Gambling NewsHackingMoney LaunderingMacauPhilippines February 29, 2016 0What appears to be the single largest money laundering crime in the history of the Philippines is being investigated by financial...
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’s Jimei Casino CEO Resigns As VIP Slot Room Continues To Struggle Renee Kingsley ChinaMacau February 23, 2016 0Jimei Casino located within the Grand Lapa is one of the smaller casinos in Macau and recently decided to experiment with...
Cali Group closes two VIP gaming rooms Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 6, 2016 0The Cali Group is a gambling junket operator located in Macau that previously had offered four VIP gaming rooms at...
Jimei Casino’s VIP slot room has an average first month in Macau Renee Kingsley Casino expansion projectsChinaMacau February 3, 2016 0Macau’s Jimei Casino wanted to implement a new marketing strategy to boost its revenues in 2016 by launching an exclusive...
Commonwealth Casino Commission announces Best Sunshine financially ready to complete Grand Mariana Sadonna Price Latest Casino and Gambling NewsCasino project updatesSaipan January 25, 2016 2The Commonwealth Casino Commission has announced that Best Sunshine International is now financially capable to complete the construction phase of...