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...
Cyprus casino bidders named; Bloomberry, Hard Rock/Melco, NagaCorp Lars Jones Latest Casino and Gambling NewsCyprusLicenses March 15, 2016 0As expected, officials in Nicosia today announced the final three contenders for a single casino license in Cyprus. The preferred...
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...
Three finalists for Cyprus casino license may be announced this week Lars Jones Latest Casino and Gambling NewsCyprusLicenses February 29, 2016 0Another shortlist of operators who may be selected to enter the final round of competition for the sole casino license...
Mohegan’s Inspire Integrated Resort lands Korean casino license Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsLicensesSouth Korea February 28, 2016 0Mohegan Sun’s partnership with KCC Corp paid off this week when the consortium was given a green light by the South...
Sands China reports a 43% drop in 2015 net profit Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau February 22, 2016 0Well established Macau casino operator Sands China Limited revealed a 43% drop in net profit for 2015. The report wasn’t...
Market uncertainty causes MGM Resorts to delay Cotai opening Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceAsian Casino NewsMacau February 20, 2016 0On Thursday MGM Resorts International said that due to the struggling casino business in Macau and the planned openings in...
Managing director says, Star booked full over Chinese New Year Kim M Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsGaming Industry NewsOceania Casino News February 5, 2016 0Ahead of the Lunar New Year celebrations, The Star Sydney Casino & Hotel overlooking Darling Harbour in Pyrmont, Sydney has...
Sands China makes decision to roll out salary increase and special bonuses in 2016 Renee Kingsley Latest Casino and Gambling NewsChinaEconomy/FinanceEmployment & CareersMacau February 5, 2016 0Macau’s casino industry continued to decline in 2015 due to the anti-corruption crackdown and gross gaming revenues plummeted for a...
US$300m tag for casinos outside Manila set by Philippines Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceLicensesAsian Casino NewsPhilippines February 4, 2016 0In order to ensure that world-class properties are in provincial towns and cities, the Philippines is open to locations outside...