Greek Mythology stakeholder Amax posts $18.3m loss first half FY 2017 Lars Jones VanuatuLatest Casino and Gambling NewsEconomy/FinanceMacau November 28, 2016 0Amax International Holdings Limited (HKEx:959), a stakeholder in Taipa, Macau’s shuttered Greek Mythology Casino at the Beijing Imperial Palace Hotel,...
Police force of China arrest 94 individuals involved in cross-border gambling ring Sadonna Price Latest Casino and Gambling NewsChinaUnlicensed Operation November 28, 2016 0Over the weekend, it was reported by Xinhua news that 94 individuals were arrested by police in China. Those arrested...
Conservative prediction for Macau 2017 gross gaming revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 16, 2016 0The head of the government in Macau has given a conservative aggregated gross gaming revenues forecast for next year that...
Possible changes to Australian iGambling laws could spell trouble for major poker brands Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationPoker LawAustraliaOnline Gambling News November 10, 2016 0Earlier this year the Australian Minister for Human Services, Alan Tudge, announced that he would be introducing legislation to amend...
Wynn Macau Limited records third-quarter loss Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 3, 2016 0Wynn Macau Limited, the casino operator controlled by Las Vegas-based Wynn Resorts Limited, has reported a third-quarter loss only 40...
New Jersey takeover of Atlantic City possible after 5 year fiscal plan rejected Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceNew Jersey November 2, 2016 0Atlantic City submitted a 5 year fiscal plan to New Jersey state officials towards the end of October laying out...
Revival in Macau gross gaming revenues continues for a third month Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 1, 2016 0New figures released by the Gaming Inspection And Coordination Bureau show that the casino industry in Macau is continuing its...
MGM Resorts willing to spend as much as $10 billion on Japan casino, possibly via REIT Kim M Latest Casino and Gambling NewsGaming Law & LegislationJapan October 31, 2016 0On Monday, Las Vegas-based MGM Resorts International (MGM.N) Chief Executive Officer James Murren said that the company could spend close to...
Five municipalities now interested in hosting possible new Connecticut casino Adam Morgan Latest Casino and Gambling NewsTribal GamingCasino proposalsConnecticut October 18, 2016 0After extending by another month the deadline for cities and towns that wished to apply for the right to host...
Macau turnaround sees analysts predict 5 to 9 percent Gross Gaming Revenue growth Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau October 12, 2016 0Macau’s casino industry went through its biggest slump after Chinese President Xi Jinping launched an anti-corruption crackdown in early 2014...
Canadian based Amaya Inc and UK based William Hill in talks for possible merger Renee Kingsley Latest Casino and Gambling NewsCanadaQuebecMergers, Acquisitions & PartnershipsUnited Kingdom October 9, 2016 0William Hill is one of the most well known bookmakers in the world and operates the biggest network of betting...
Optimistic outlook for Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 6, 2016 0After recording two months of year-on-year growth following 26 months of consecutive declines, combined casino gross gaming revenues in Macau...
Ho family eyes Crimean gambling zone as possible investment? Kim M Latest Casino and Gambling NewsCasino project updatesRussia October 6, 2016 0Stanley Ho-controlled SJM Holdings Limited (HKG:0880) and Summit Ascent Holdings Ltd (HKG:0102), controlled by son Lawrence, may be looking to...
Las Vegas Sands Corp case against VIP Chinese gamblers reveals possible loopholes Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaMoney LaunderingFines, Lawsuits & LitigationNevada October 4, 2016 0The Las Vegas Sands Corp is trying to recover $6.4 million in gambling debts from two VIP Chinese gamblers who...
VIP segment success helps Macau report rise in September gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 3, 2016 0September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...