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...
MGM Resorts closes on REIT IPO and related financial transactions Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada April 26, 2016 0Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...
Bloomberry chairman Razon warns of oversupply in Manila casino market Kim M Latest Casino and Gambling NewsEconomy/FinancePhilippines April 22, 2016 0On Thursday, Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr., warned that the opening of two additional...
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....
Nam Hoi An Casino Resort construction begins next week Sadonna Price Latest Casino and Gambling NewsCasino project updatesVietnam April 13, 2016 0On April 23rd, the Nam Hoi An Casino Resort project of Vietnam is set to begin construction. VinaCapital, an asset...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
Wynn Palace to potentially miss June deadline Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau April 8, 2016 0The Wynn Palace resort, a venue currently under construction in Cotai, was set to open on the 25th of June,...
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...
Major Las Vegas expansion project announced by Wynn Resorts Kim M Latest Casino and Gambling NewsLas VegasCasino proposals April 7, 2016 0Steve Wynn is planning quite the transformation for the golf course behind his Las Vegas resorts. The expansive new development...
Wynn vs Wynn; Queen of Las Vegas files additional documents in Nevada Court Lars Jones Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceFines, Lawsuits & Litigation April 6, 2016 0Elaine Wynn, who co-founded and helped bring Wynn Resorts (NASDAQ: WYNN) to the top of the gambling world along with ex-husband,...
Six companies shortlisted as bidders for taking over Savan Vegas casino in Laos Alex Lanter LaosLatest Casino and Gambling NewsAsian Casino NewsMergers, Acquisitions & Partnerships March 29, 2016 0Last Friday the exclusive sales agent representing the Government of the Lao People’s Democratic Republic San Marco Capital Partners (SMC)...
Over 600 new employees to be hired at Parisian Macao Resort Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 27, 2016 2The Parisian Macao is currently under construction in Cotai and once finished, will be in need of employees to fill...