Singapore casinos continue to thrive in spite of low VIP numbers from China Renee Kingsley Latest Casino and Gambling NewsChinaAsian Casino NewsMacauSingapore May 25, 2015 0Macau’s casinos made over fifty percent of their revenue from VIP and high stake gamblers who came in from Mainland...
Casinos in Japan; bill awaits review Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsJapanIndepth / Featured Articles May 21, 2015 0For those wishing to see Japan legalize and regulate casinos, June of last year proved particularly frustrating as the Diet...
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 0A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its...
STDM Portugal losses increase 95% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinancePortugal May 18, 2015 0Last week Sociedade de Turismo e Diversões de Macau (STDM) saw losses in Portugal increase by 95%. This has been put...
Las Vegas Sands willing to invest over $6 Billion in South Korea if government amends gambling laws Renee Kingsley Gaming Law & LegislationCasino proposalsSouth Korea May 15, 2015 0South Korea is on its way to becoming the second most important gambling hub in Asia with Macau being the...
Chinese authorities catch and prosecute 2nd most wanted man in China Renee Kingsley ChinaMoney LaunderingMacauFinancial FraudSingapore May 15, 2015 0Beijing has targeted Macau’s casino industry because it’s been reported to be a hotbed for corruption, money laundering and racketeering....
Christmas Island prepares to open casino resort once again Lars Jones Gaming Law & LegislationCasino proposalsChristmas IslandLicenses May 14, 2015 0Christmas Island sounds like a place in a fairy tale book but it does exist; 2600 kilometers from Perth, Australia...
South Korean cruise ship casinos authorized Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsSouth Korea May 8, 2015 0A number of Asian countries have tried to capitalize on the collapse of Macau’s casino industry and lure Macau’s VIP...
MGM China reports a shortfall of 33% during the 1st Quarter of 2015 Renee Kingsley Latest Casino and Gambling NewsMacauFinancial Press Releases May 5, 2015 0Macau’s casinos lost an estimated $100 billion during 2014 and analysts predicted that casinos would continue to struggle in 2015...
New Orleans smoking ban now in effect: lawsuit smolders Sam Mitchell Latest Casino and Gambling NewsCasino NewsFines, Lawsuits & LitigationLouisiana April 22, 2015 0Tuesday April 21, 2015 marked a new era for New Orleans in terms of smoking. Starting at midnight on Tuesday...
Professor Zeng of Polytechnic Institute suggests tighter junket regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau April 22, 2015 0Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...
South Korean casino operator GKL denies partnership plans with US Mohegan Tribe Sam Mitchell Latest Casino and Gambling NewsCasino proposalsCasino NewsNorth America Casino NewsMergers, Acquisitions & PartnershipsSouth Korea April 16, 2015 0Korea Economic Daily quoted investment banking sources this week and announced that Grand Korea Leisure Co Ltd had plans to enter into...
Cutting out junket operators leaves Singapore casinos with unpaid debt Sam Mitchell Latest Casino and Gambling NewsCasino NewsGaming Industry NewsFinancial FraudSingapore April 9, 2015 0Grant Govertsen, a Union Gaming Advisors analysts, told media that Singapore’s gaming revenue is down due to the Chinese movement...
On April 24 Konami will delist from NYSE Jenn G Latest Casino and Gambling NewsU.S.A.Game manufacturers April 3, 2015 0One of the largest providers of slot games in the gaming industry, Konami, will be delisting from the New York...
Sands Bethlehem wants to add electronic table games Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino expansion projectsPennsylvania April 2, 2015 0Representatives of the Las Vegas Sands Corp. presented a proposal to the Pennsylvania Gaming Control Board just yesterday to seek approval...