Leisure and Resorts World Corp. reports increased first half net profit by 50% Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsPhilippines August 21, 2015 0Gaming company Leisure and Resorts World Corp (LRWC) reported an increased net profit by 50 percent to P454 million year-on-year...
The Boulevard at Studio City announces partners for mega-mall Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau August 19, 2015 0Studio City is a casino resort that will open this October in Macau, after having a cost of $3.2 billion...
Billionaire James Packer’s Crown credit profile under pressure D. Graham Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceMacauNevada August 18, 2015 0Between the recent increase in cost to insure Crown Resort’s notes, rising net debt, widening spread of credit default swaps,...
Gaming in Philippines is losing its winning streak; Pagcor says no worries Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsPhilippines August 17, 2015 0Despite the fact that the gambling companies in the Philippines are on a losing streak due to increasing costs resulting...
James Packer resigns as Crown Resorts Chairman, assumes Senior Executive directorship D. Graham Latest Casino and Gambling NewsAustraliaWorld Casino NewsGaming Industry NewsCasino project updatesMacauSpainNevada August 13, 2015 0Crown Resorts Limited, Australia, has announced that billionaire James Packer, Crown’s largest shareholder, has stepped down as Chairman. Mr. Packer...
Studio City default contingency plan based on table allocations Lars Jones Casino project updatesEconomy/FinanceLicensesMacau August 12, 2015 0In April it was widely reported that Melco Crown Entertainment (60% owner of Studio City International Holdings Ltd) could find...
Stagnant gaming business means layoffs for City Of Dreams Manila Kim M Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceMacauPhilippines August 10, 2015 0After celebrating the “Grand Launch” of its new integrated casino resort in February of this year, the $1.3 billion City...
Studio City Mass Market Focus on Table Allotment Sam Mitchell Latest Casino and Gambling NewsCasino openingsMacau August 10, 2015 0August 10, 2015—Lawrence Ho, CEO of Melco Crown, stated Studio City’s strategy is dependent on the amount of gaming tables...
Studio City to open in Macau October 27 Lars Jones New HotelsCasino project updatesMacau August 5, 2015 0The $3.2 billion Studio City will open in Macau on October 27. Melco Crown Entertainment Ltd, controlled by Lawrence Ho...
Studio City expected to open this October; 150 live gaming tables expected Kim M Latest Casino and Gambling NewsCasino NewsCasino openingsChinaCasino project updatesMacau August 3, 2015 0Initially set for Monday, on Wednesday Melco Crown will announce the opening date of its Studio City, according to ggrasia.com,...
Wide market expected for Tigre de Cristal casino in Russia Kim M Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacauRussia July 22, 2015 0According to Macau Business Daily, Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., hopes the Russian...
Echo edges out Crown Greenland for new Brisbane mega casino Lars Jones Latest Casino and Gambling NewsCasino proposalsAustraliaLicenses July 20, 2015 0Local gaming operator Echo Entertainment Group has been awarded a license to build a mega-casino in the heart of Brisbane,...
Site-prep started on Selena World Resort & Casino, Primorsky Krai Russia Lars Jones Latest Casino and Gambling NewsRussiaRussia July 6, 2015 0On Friday it was announced on the official website of the executive authorities and administrators of Primorsky Krai in Russia...
First Figure 8 Ferris Wheel nearing completion in Cotai, Macau Bernard Richter Latest Casino and Gambling NewsCasino project updatesThe Players LoungeMacau June 26, 2015 0MACAU, June 25, 2015 — Melco Crown Entertainment, owner and operator of casino gaming and entertainment resort facilities in Asia,...
Macau casino revenues continue to decline Sam Mitchell Latest Casino and Gambling NewsChinaEconomy/FinanceMacau June 24, 2015 0On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...