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...
$3.2 billion to complete and open Lisboa Palace Casino Cotai being sought by SJM Holdings Kim M Latest Casino and Gambling NewsCasino proposalsCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships January 31, 2016 0In order to finance its new integrated resort, the Lisboa Palace at the Cotai Strip on the island of Macau,...
UNLV, possibly Raiders, to get new stadium from Las Vegas Sands Kim M Latest Casino and Gambling NewsLas VegasNorth America Casino NewsGaming Industry NewsNevada January 29, 2016 0Forty-two acres near the University of Nevada, Las Vegas (UNLV) could be the new home of the Rebel’s football team...
MGM China’s creditors willing to be flexible with payment terms on $3 billion loan Renee Kingsley Las VegasCasino openingsEconomy/FinanceAsian Casino NewsMacau January 29, 2016 0MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China...
Chinese gamblers flock to Siberia’s Tigre de Cristal Casino Lars Jones Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesEconomy/FinanceRussiaRussia December 31, 2015 0In spite of several unavoidable delays, Tigre de Cristal Casino opened its doors on October 8, 2015 and is operating...
Philippines NTRC look to impose $75 casino entry fee on Filipino nationals Renee Kingsley Gaming Law & LegislationAsian Casino NewsMacauTaxationPhilippinesSingapore December 29, 2015 0The Philippines government was very eager to encourage foreign gambling establishments to set up new casinos in the country and...
James Packer’s Crown Resorts working to raise capital for Alon Las Vegas Renee Kingsley Las VegasAustraliaNew HotelsCasino project updatesEconomy/FinanceNevada December 11, 2015 0Australian billionaire James Packer and his Crown Resorts have a strong reputation in Australia and Macau and are now looking...
Steve Wynn buys 1 million Wynn Resorts shares Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada December 10, 2015 0One million shares of Wynn Resorts Ltd. were purchased on the open market by billionaire founder Steve Wynn, the owner...
Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China Renee Kingsley ChinaAsian Casino NewsMacauPhilippinesVietnam December 7, 2015 0The Crown International Games Club in Danang, Vietnam appears to have found the right formula in attracting a regular clientele...
Saipan casino opens with a bang; $1.6 billion VIP roll in November Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceNorthern Mariana IslandsSaipan December 3, 2015 0An Imperial Pacific filing with the Hong Kong Stock exchange shows that their temporary “Best Sunshine Live” casino at the T...
Unlimited tables and 99 year license make Brisbane casino a “no brainer” for Asian investor Kim M Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceOceania Casino News December 1, 2015 0Far East Consortium International’s investment in Australia’s Queen’s Wharf Brisbane, the state’s biggest casino project, is expected to generate earnings...