Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Macau government officials to release mid-term review of gaming industry by May Sadonna Price Latest Casino and Gambling NewsMacau April 27, 2016 0By early May, the government of Macau should be ready to release information on the gaming industry of the city...
Gaming officials tour Montreign Resort Casino site Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsCasino project updatesNew York April 25, 2016 0Officials from the New York State Gaming Commission will tour the site of the coming Montreign Resort Casino in the Catskills...
High-profile advisers from U.S. named to Imperial Pacific’s new advisory committee Kim M Latest Casino and Gambling NewsHong KongMergers, Acquisitions & PartnershipsNorthern Mariana IslandsSaipan April 25, 2016 0A three-member advisory committee has been established by Hong Kong-listed Imperial Pacific International Holdings Ltd (1076:HKG) to provide the firm’s...
Macau Labour groups to petition Government for casino employee benefits on May 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacauLabor Relations April 22, 2016 0May 1 is known as International Workers Day and commonly referred to as Labor Day in Asia. Two of Macau’s...
Fans and pros invited by PokerStars to its Run It Up Resorts Rumble in Atlantic City Kim M Latest Casino and Gambling NewsNew online casinosOnline PokerNew Jersey April 21, 2016 0PokerStars is having an official welcome party for its successful launch in New Jersey last month of the world’s largest...
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...
Citi analysts predict slower but strong growth for NagaCorp in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaMacau April 18, 2016 0While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked...
SkyCity not opposed to takeover from The Star Kim M Latest Casino and Gambling NewsAustraliaNew ZealandMergers, Acquisitions & PartnershipsUnited Kingdom April 15, 2016 0SkyCity Entertainment Group, a New Zealand and Australia casino operator, says it won’t instigate talks but would consider a takeover by...
Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau April 15, 2016 0The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...
Morgan Stanley reports Macau could reach overcapacity by 2017 Sadonna Price Latest Casino and Gambling NewsMacau April 13, 2016 0With several new resort venues in the works for the city of Macau, analysts believe that by 2017, the city...
Hawaiian Gardens Casino announces soft opening of its $90 million renovation and expansion project Alex Lanter Latest Casino and Gambling NewsCasino expansion projectsCasino project updatesCalifornia April 13, 2016 0Back in March 2014, the Hawaiian Gardens Casino started a $90 million renovation and major expansion project, which now nears...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
Genting Malaysia to invest heavily into its Resorts World Genting Casino Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceMalaysia April 8, 2016 0Genting Malaysia Bhd is the parent company of the Resorts World Genting Casino, which is Malaysia’s biggest and only legal...