Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
MGM Cotai Casino Resort opening delayed to second quarter of 2017 Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau August 5, 2016 0MGM Resorts International has pushed back the opening date for its new MGM Cotai Casino Resort by three months while...
Macau real GDP still contracting; 2017 growth to begin repair Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau June 21, 2016 0A forecast published in London yesterday by the Economist Intelligence Unit (EIU) predicts that real Gross Domestic Product for Macau will...
New rules for VLTs in Puerto Rico voided by judge Kim M Latest Casino and Gambling NewsGaming Law & LegislationPuerto RicoFines, Lawsuits & Litigation June 13, 2016 0The Treasury Department’s request for summary judgment and the dismissal of a request for declaratory judgment submitted by The Puerto...
Macau decline contributes to Chow Tai Fook Jewellery’s 46% profit drop Martin Chua Latest Casino and Gambling NewsHong KongEconomy/FinanceMacau June 7, 2016 0Chow Tai Fook Jewellery Group Ltd., has reported a full year profit drop of 46 percent as the Chinese economy...
May VIP roll hits $2.52 billion for Saipan casino Kim M Latest Casino and Gambling NewsEconomy/FinanceSaipan June 6, 2016 2Also see: Saipan’s Best Sunshine Live tallies $US1.66 billion in rolling for June In May, roll on VIP tables from Imperial...
Sands China AGM poll nods board re-election, continued course Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau May 30, 2016 0The board of directors of Macau casino concessionaire, Sands China Ltd. (HKEx:1928) announced poll results from ordinary resolutions proposed at...
Tohono O’odham Nation continues battle on Capitol Hill for Arizona casino Sadonna Price Latest Casino and Gambling NewsTribal GamingArizona April 26, 2016 0It took a great deal of effort for the Desert Diamond West Valley Casino and Resort to open in December...
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...
Six-star 90 story hotel tower proposed for Crown Melbourne Southbank Casino Kim M Latest Casino and Gambling NewsAustraliaWorld Casino NewsNew HotelsOceania Casino News October 19, 2015 0If approved, a six-star luxury hotel tower will be added to James Packer’s Crown Melbourne Southbank casino precinct. The hotel...
Macau casino operator SJM Holdings profit falls more than half Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 13, 2015 0Macau casino operator SJM Holdings reported huge losses of more than 50% year-on-year in the first half of 2015. The...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...
Sun City opens junket rooms in Philippines–Macau policies may be reason Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauPhilippines May 18, 2015 0Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...
Shinzo Abe arrives in Washington; delegation to talk about casino regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationU.S.A.Japan May 4, 2015 0Correction: An earlier version of this story stated that Prime Minister Shinzo Abe met with the American Gaming Association. Only members of the...