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...
Lapu mayor endorses Sino-American Philippines casino project Renee Kingsley Casino proposalsPhilippines May 18, 2015 0The casino industry in the Philippines is growing at a rapid pace as the Philippine government continues to encourage foreign...
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...
Tinian casino opening 12 years out–constant progress Lars Jones Latest Casino and Gambling NewsCasino NewsCasino project updatesMacauNorthern Mariana Islands May 12, 2015 0Gambling expansion in the paradisaical Commonwealth of the Northern Mariana Islands continues with several projects in the works. Macau-based Alter...
Land deal for Saipan casino project inked by Best Sunshine Sam Mitchell Latest Casino and Gambling NewsCasino project updatesSaipan May 11, 2015 0Best Sunshine International and the Saipan Department of Public Lands have signed a lease agreement for a parcel of land...
Stunning Entertainment-Inspired Studio City Showcase Unveiled in Beijing Bernard Richter ChinaCasino project updatesMacau May 8, 2015 0Academy Award winning director Martin Scorsese special video appearance at launch of Studio City Experience China Roadshow BEIJING, May 8,...
Junket operator Iao Kun rolling chip revenue plunges 71% Sam Mitchell Latest Casino and Gambling NewsMacauFinancial Press Releases May 8, 2015 0Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...
Closing arguments in Jacobs v Sands jurisdiction hearings Sam Mitchell Latest Casino and Gambling NewsLas VegasMacauFines, Lawsuits & LitigationNevada May 8, 2015 0In Las Vegas on 7 May 2015, Todd Bice argued that Sheldon Adelson who is a casino billionaire and major...
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...
Chinese shoppers targeted by South Korea as they increase “low roller” numbers Sam Mitchell Latest Casino and Gambling NewsCasino NewsChinaSouth Korea May 6, 2015 0On May 5, 2015 it was revealed in a Reuters article that Seoul foreigner-only casinos have started targeting low-roller gamblers,...
Billionaire Sheldon Adelson gets uncomfortable in the hot chair Renee Kingsley Las VegasMacauFines, Lawsuits & LitigationNevada May 6, 2015 0Billionaire and Las Vegas Sands Chairman Sheldon Adelson has spent a fourth day in a Las Vegas courtroom to determine whether...
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...
MGM/Jett Gaming LLC close on Gold Strike Casino Lars Jones Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsNevada May 4, 2015 0JETT Gaming LLC and Jean Ventures, LLC have become the second operators in as many months to buy up a...