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LATEST CASINO NEWS:
  • Louisiana Moves to Classify Illegal Gambling as Racketeering
  • Veikkaus Appoints Ilkka Kosola as Chief Financial Officer
  • DigiPlus in Talks to Acquire Diamond Hotel for Manila Bay Expansion
  • Entain Group Faces Penalties Over Self-Exclusion Breaches in Australia
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Wynn Macau junket operator victim of theft

Sadonna Price
Latest Casino and Gambling NewsMacau
September 11, 2015 0
Wynn Resorts has seen a share price decrease of 5% after news hit that one of their junket operators in...

Macau junket ops taking debtors to court

Lars Jones
Latest Casino and Gambling NewsEconomy/FinanceMacauFines, Lawsuits & Litigation
September 5, 2015 0
According to a report on Macau Business Daily (MBD), there has been a major increase in filings with the Court of...

Forefront of Macau Gaming claims junket operator planning to sack VIP gaming employees

Renee Kingsley
Gaming Industry NewsAsian Casino NewsMacauLabor Relations
August 26, 2015 0
Macau’s casino industry has continued to decline in 2015 and the top six casinos in Macau have reportedly lost around...

Wynn Macau loses VIP junket services

Sadonna Price
Latest Casino and Gambling NewsMacau
August 3, 2015 0
Due to the struggling economy in Macau, junkets in the area have decided to stop offering services at the Wynn...

Sands Macau rallies with transition from VIP Junkets to mass-market focus

D. Graham
Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNew HotelsGaming Industry NewsPokerAsian Casino NewsMacau
July 26, 2015 1
Once Sands China Ltd. reported that they beat second-quarter profit estimates, their stocks surged 7.9% on the Hong Kong exchange....

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 0
Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...

Crackdown on junket operators causes Macau hotel prices to plummet

Sam Mitchell
Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau
June 29, 2015 1
Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...

Hong Kong money laundering probe nets Macau junket investor

Sam Mitchell
Latest Casino and Gambling NewsHong KongMoney LaunderingMacau
June 26, 2015 0
On June 26th 2015, it was reported in Hong Kong that an investor for a junket room in Macau has...

Junket operator David Group denies closures, layoff plans

Lars Jones
Latest Casino and Gambling NewsGaming Industry NewsMacau
June 12, 2015 2
On the heels of Neptune Guangdong Group denying media reports yesterday that they plan to idle as many as 300...

VIP revenue slump causes two junket operators to scale back

Sam Mitchell
Casino closuresMacau
June 10, 2015 0
Neptune Guangdong Group and David Group are two of the largest junket operators in Macau. They announced their intention to...

Iao Kun to enter Australian market; operator buys up internal junket assets for Crown casinos

Sam Mitchell
Latest Casino and Gambling NewsAustraliaCasino NewsMacauMergers, Acquisitions & Partnerships
May 19, 2015 0
A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its...

Sun City opens junket rooms in Philippines–Macau policies may be reason

Sam Mitchell
Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauPhilippines
May 18, 2015 0
Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...

Junket operator Iao Kun rolling chip revenue plunges 71%

Sam Mitchell
Latest Casino and Gambling NewsMacauFinancial Press Releases
May 8, 2015 0
Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...

Professor Zeng of Polytechnic Institute suggests tighter junket regulations

Sam Mitchell
Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau
April 22, 2015 0
Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...

Cutting out junket operators leaves Singapore casinos with unpaid debt

Sam Mitchell
Latest Casino and Gambling NewsCasino NewsGaming Industry NewsFinancial FraudSingapore
April 9, 2015 0
Grant Govertsen, a Union Gaming Advisors analysts, told media that Singapore’s gaming revenue is down due to the Chinese movement...
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  • Louisiana Moves to Classify Illegal Gambling as Racketeering

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