Fitch Ratings reaffirms Genting Berhad’s A- grade Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMalaysiaSingapore July 4, 2016 0Credit ratings agency Fitch Ratings has reaffirmed the long-term foreign-currency issuer default rating (IDR) and unsecured rating of “A-” held...
Q3 begins following 25 months of decline in Macau GGR Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau July 1, 2016 0Data released Friday by Macau’s casino regulator, the Gaming Inspection and Coordination Bureau (DICJ) show the gaming downturn entering its third year...
Savan Vegas complex deal postponed Alex Lanter LaosLatest Casino and Gambling NewsAsian Casino NewsMergers, Acquisitions & Partnerships July 1, 2016 0In May, 2016, Macau Legend Development Ltd, a Hong Kong-listed company, revealed that it had come to an agreement with...
Alter City Group holds groundbreaking ceremony on Tinian Kim M Latest Casino and Gambling NewsCasino project updatesNorthern Mariana Islands June 28, 2016 0After receiving a conditional license late in January, the Alter City Group’s $1.7 billion Plumeria Golf and Casino Resort at...
PAC approves $2b casino at Barangaroo; Crown Casino, Sydney set for final approval Kim M Latest Casino and Gambling NewsAustraliaCasino project updates June 28, 2016 0After 18 months’ worth of delays due to a number of setbacks, James Packer’s $2 billion Crown Barangaroo is on...
Macau junket promoter Iao Kun to acquire Jeju Sun in Korea for $100m Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & PartnershipsSouth Korea June 26, 2016 0Bloomberry Resorts Corp. said in a filing the Philippine Stock Exchange last week that it’s subsidiary Solaire Korea Co. Ltd is selling their 96.23...
Saipan casinos predicted to pay out at least $33.6 million in tax next year Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSaipanTaxation June 25, 2016 0The Commonwealth Casino Commission for the Commonwealth Of The Northern Mariana Islands has predicted that it will pay out at least...
Lucky Dragon Las Vegas opens Q4; Hiring 800 Lars Jones Las VegasCasino project updatesEmployment & Careers June 23, 2016 0 Lucky Dragon Hotel & Casino announced today that they have launched a website for the highly anticipated Las Vegas...
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...
Studio City Macau may consider junket facilities Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau June 20, 2016 0Studio City Macau, which opened with only mass market and high stakes tables and slots has said they will consider adding...
Lisboa Palace set to open later 2017 Martin Chua Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau June 17, 2016 0Macau casino operator SJM Holdings Ltd. (hk:0880) said Thursday that their Grand Lisboa Palace casino is set to open in the...
Reports indicate NagaCity Walk will open during second half of 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaCasino openingsChinaMacau June 17, 2016 0NagaCorp Ltd which operates NagaWorld casino resort, the biggest casino in Cambodia is in the process of building a major...
Crown Resorts to cleave Australian and overseas companies Martin Chua Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships June 15, 2016 0Crown Resorts Ltd announced in a filing with the Australian Securities Exchange Wednesday that they plan to separate most of their non-Australian...
ACT Government continues to favour Canberra Casino by approving multi-terminal table games Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationAustralia June 15, 2016 0The ACT Government has received a lot of criticism from Canberra Clubs after it decided to approve Hong Kong based...
Planned Manila casino to target mass market players Adam Morgan Latest Casino and Gambling NewsCasino proposalsPhilippines June 11, 2016 0The Chairman and Chief Executive Officer for Bloomberry Resorts, Enrique Razon, has reportedly revealed that a new casino his firm...