South Korea government rejects Jeju casino tax rate proposal Adam Morgan Latest Casino and Gambling NewsTaxationSouth Korea May 24, 2016 0In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross...
Analyst urges reconsideration on minimum investment for new Vietnamese casino resorts Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationVietnam May 19, 2016 0The maximum investment that should be required from any developer considering whether to build a new integrated casino resort project...
South Korea not very likely to remove gambling ban on locals Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsMacauSouth Korea May 19, 2016 0South Korea’s casino industry has benefitted significantly from the collapse of Macau’s casino industry which was brought on by the...
VIP Gamblers enjoying Saipan’s temporary casino’s unusual accommodation arrangements Renee Kingsley Latest Casino and Gambling NewsCasino openingsCasino project updatesSaipan May 18, 2016 0Hong Kong based Imperial Pacific International Holdings is looking for an investor to pump in $550 million into its subsidiary...
MGM $3 billion Cotai Casino opening could be pushed into second quarter of 2017 Renee Kingsley Latest Casino and Gambling NewsCasino openingsCasino project updatesMacau May 9, 2016 2MGM China Holdings Ltd recently released its first quarter performance report which showed that the company had a twenty five...
Casino race in Cyprus may be down to Larnaca and Limassol Kim M Latest Casino and Gambling NewsCyprusLicenses May 4, 2016 0The competition is heightening among the large property owners in Cyprus as the three contenders for the sole casino license...
SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau May 4, 2016 0SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the...
Regulator renews Adelson’s Marina Bay Sands casino license Kim M Latest Casino and Gambling NewsLicensesSingapore April 29, 2016 0Sheldon Adelson’s Marina Bay Sands Casino has been approved to operate in the city-state for an additional three years. Last...
Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaCasino project updatesEconomy/FinanceMacau April 21, 2016 0The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its...
Analyst says nearby construction hurting Studio City’s opening momentum Kim M Latest Casino and Gambling NewsEconomy/FinanceMacau April 20, 2016 0A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued...
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...
Paul Lee appointed Chief Sales Officer at World Gaming Group Limited Lars Jones Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMacau April 13, 2016 0Paul Lee has been appointed to the newly created position of Chief Sales Officer at World Gaming Group (WGG) with immediate effect....
Genting Malaysia to invest heavily into its Resorts World Genting Casino Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceMalaysia April 8, 2016 0Genting Malaysia Bhd is the parent company of the Resorts World Genting Casino, which is Malaysia’s biggest and only legal...
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...