Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop Renee Kingsley World Casino NewsNew HotelsCasino project updatesEconomy/FinanceAsian Casino NewsMacau October 16, 2015 0Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away...
Chow Tai Fook relying heavily on China’s VIP network to raise funds for $3 billion Brisbane consortium Renee Kingsley AustraliaCasino openingsChinaHong KongEconomy/FinanceAsian Casino News October 13, 2015 0Echo Entertainment and James Packer’s Crown Resorts battled it out to secure rights to construct a $3 billion mega-casino resort at...
Jeju Dream Tower to open second half of 2018 Lars Jones Casino openingsNew HotelsMergers, Acquisitions & PartnershipsSouth Korea October 6, 2015 0Lotte Tour Development Co. Ltd is said to have approval to build the second largest casino hotel complex on Jeju Island off...
Fading MERS fears spark improved casino sales for Paradise Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauSouth Korea October 5, 2015 0Down 34 percent for the year, foreigner-exclusive South Korean casino operator, Paradise Co Ltd’s, monthly numbers were down 23.6 percent...
NagaCorp’s year-to-date gaming revenue up 47% D. Graham Latest Casino and Gambling NewsCambodiaCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceMacau October 4, 2015 0NagaCorp Ltd reported unaudited data to the Hong Kong Stock Exchange Friday of almost U.S. $400 million GGR for the...
Landing says Jeju Casino succeeds with Chinese gamblers Renee Kingsley ChinaEconomy/FinanceAsian Casino NewsSouth Korea September 25, 2015 0China real estate developer Landing International in partnership with Genting Hong Kong had operated Hyatt Regency Jeju on Jeju Island in...
Jeju Island operator announces soft launch of mobile casino Lars Jones New online casinosMobile gamingSouth Korea September 24, 2015 0Majestar Casino (The Shilla Jeju Hotel & Casino) announced today the release of ‘Majestar Casino Mobile Game’ in six countries:...
Argentina eyed for Bloomberry casino venture Kim M Latest Casino and Gambling NewsCasino proposalsCasino NewsArgentinaWorld Casino NewsNew Hotels September 24, 2015 0According to a Philippine Stock Exchange filing on Tuesday, Solaire de Argentina SA has recruited Oscar Alberto Ghezzi to head up an effort...
Vladivostok Free Port status will open Tigre De Cristal doors to the world Lars Jones Casino project updatesRussia September 22, 2015 0The most recent filing by Summit Ascent Holdings LTD with the Hong Kong Stock Exchange confirms a planned October 8th...
Tigre de Cristal to be first of 8 casinos to open in Primorye Russia Lars Jones Casino project updatesAsian Casino NewsRussia September 13, 2015 0The Vladivostok area of Russia will soon see the premiere of Tigre de Cristal Casino & Resort with a soft...
Tiger Resort hires casino veteran Steve Wolstenholme as Chief Operating Officer Renee Kingsley Casino openingsCasino project updatesAsian Casino NewsMacauPhilippines September 10, 2015 1Tiger Resort, Leisure and Entertainment Inc is currently in the process of developing Manila Bay Resorts, a multi-billion dollar project...
China’s gov’t revenue hit by online lottery halt Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsChinaLotteryUnlicensed OperationOnline Gambling NewsAsian Casino NewsFines, Lawsuits & LitigationFinancial FraudThailand September 10, 2015 0Seventeen Chinese nationals were arrested by Thailand police on Tuesday for the illegal operation of an online lottery. All of...
Macau’s crackdown on underground banking activities will hit struggling casino industry Renee Kingsley ChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauTax EvasionCrimeFinancial Fraud August 27, 2015 0The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the...
Bernstein report states that mass gambling can help Macau’s casino industry to recover Renee Kingsley Asian Casino NewsMacauPhilippinesSouth Korea August 22, 2015 0Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos...
50th anniversary for Genting Group Alex Lanter Latest Casino and Gambling NewsLas VegasWorld Casino NewsEuropean Casino NewsMalaysiaSingaporeSouth Korea August 20, 2015 0About 600 members from Malaysia and abroad celebrated the 50th anniversary of Genting Group at the Grand Ballroom of the...