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Macau High rollers, luxury casinos and hotels plus a rich heritage make Macau one of the world's premiere gaming destinations.

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Cost-saving initiative leads to job losses at MGM Resorts International

Adam Morgan
Latest Casino and Gambling NewsLas VegasEconomy/FinanceLabor Relations
April 26, 2019 0
American casino operator, MGM Resorts International, has reportedly followed through with a portion of a cost-saving initiatives first unveiled in...

New owner for shuttered Lucky Dragon Hotel and Casino

Adam Morgan
Casino SalesLatest Casino and Gambling NewsLas VegasCasino NewsNew HotelsCasino closuresMergers, Acquisitions & Partnerships
April 23, 2019 0
In Las Vegas, a local businessman has reportedly paid approximately $36 million to purchase the former Lucky Dragon Hotel and...

Genting Malaysia Berhad being advised not to overextend its reach

Adam Morgan
Latest Casino and Gambling NewsLas VegasCasino NewsCasino expansion projectsCasino project updatesEconomy/FinanceSingapore
April 18, 2019 0
Asian casino operator, Genting Malaysia Berhad, reportedly ‘has the liquidity’ to complete the development of large projects in Las Vegas...

Acquisition proves wise for Caesars Entertainment Corporation

Adam Morgan
Latest Casino and Gambling NewsU.S.A.Las VegasEconomy/FinanceMergers, Acquisitions & Partnerships
February 22, 2019 0
American casino operator, Caesars Entertainment Corporation, has released its unaudited financial results for 2018 showing that it had experienced a 2.7%...

Caesars Entertainment scores first NFL casino sponsorship deal

Kim M
Latest Casino and Gambling NewsLas VegasNFLMergers, Acquisitions & Partnerships
January 4, 2019 0
The National Football League (NFL) has announced the signing of a multi-year sponsorship deal with Caesars Entertainment Corporation (NASDAQ: CZR),...

American gaming industry sees annual stock values decline

Adam Morgan
Casino SalesLatest Casino and Gambling NewsLas VegasGame manufacturersEconomy/FinanceMacau
January 2, 2019 0
The past twelve months have reportedly seen the aggregated value of stocks in the majority of Las Vegas-based gaming firms...

Caesars concludes Harrah’s Philadelphia sale and lease amendments

Kim M
Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsPennsylvania
December 27, 2018 0
Las Vegas-headquartered, Caesars Entertainment Corporation (NASDAQ: CZR), announced Wednesday that it has finalized the sale of the real estate assets associated with...

MGM Resorts appoints George Kliavkoff as President of Entertainment and Sports

Kim M
Latest Casino and Gambling NewsLas VegasEmployment & Careers
October 12, 2018 0
Global entertainment company, MGM Resorts International (NYSE: MGM),  announced Thursday that George Kliavkoff (pictured) will replace Richard Sturm as the company’s President...

Nevada gaming revenues drop for a second consecutive month

Adam Morgan
Latest Casino and Gambling NewsEconomy/FinanceNevada
September 28, 2018 0
In Nevada, statewide aggregated gross gaming revenues reportedly dropped by 7.7% year-on-year last month to around $912.9 million as combined...

Banner year for United States commercial casino industry

Adam Morgan
Latest Casino and Gambling NewsTribal GamingU.S.A.Economy/FinanceMacau
August 23, 2018 0
Last year saw aggregated gross gaming revenues for the 460 commercial casinos in the United States increase by 3.4% year-on-year...

May Gaming Win Surpasses $1b Mark in Nevada

Sadonna Price
Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada
July 4, 2018 0
The gaming win reports are in for May in the state of Nevada, with just over $1b earned for the...

Palms Casino Resort Spa workers vote to unionize

Adam Morgan
Latest Casino and Gambling NewsLas VegasEmployment & CareersLabor Relations
April 30, 2018 0
In Las Vegas, workers at the Palms Casino Resort Spa have reportedly overwhelmingly voted to unionize and are now set...

Adelson reigns as king on Forbes list of wealthy gaming investors

Kim M
AustriaLatest Casino and Gambling NewsLas VegasMacauSingaporeNevada
March 12, 2018 0
Forbes recently published its World’s Billionaires list and a number of casino tycoons from the US and abroad rank among...

Successful year for MGM Resorts International

Adam Morgan
Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsEconomy/Finance
February 22, 2018 0
American casino giant MGM Resorts International has released its unaudited financial results for the twelve months to the end of...

Reassurance from new Wynn Resorts Limited boss

Adam Morgan
Latest Casino and Gambling NewsLas VegasNew HotelsCasino project updatesMacauMergers, Acquisitions & PartnershipsMassachusetts
February 21, 2018 0
The recently-appointed boss for American casino operator Wynn Resorts Limited has reportedly declared that his firm intends to continue with...
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