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...
Non-gaming business of Imperial Pacific dropped to focus on Saipan Kim M Latest Casino and Gambling NewsHong KongMergers, Acquisitions & PartnershipsSaipan April 3, 2016 0On Tuesday, gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076), which holds a casino license for the Pacific Island...
Mashpee Wampanoag Tribe confirms First Light Resort & Casino’s groundbreaking ceremony for April 5 Renee Kingsley Latest Casino and Gambling NewsTribal GamingCasino project updatesMassachusetts March 31, 2016 0While the Wynn Boston Harbour resort casino and MGM Springfield casino in Massachusetts have been forced to delay their launch...
Crown Barangaroo waits for final approval after following state department’s recommendations Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAustraliaCasino openingsCasino project updatesLicenses March 30, 2016 0James Packer’s Crown Barangaroo has faced a number of setbacks that has resulted in an 18 month delay. While Crown...
Junket company Jimei looks to coastal Cambodia for integrated casino resort Lars Jones Latest Casino and Gambling NewsCasino proposalsCambodiaMergers, Acquisitions & Partnerships March 25, 2016 0A recent filing by Jimei International Entertainment Group Ltd. with the Hong Kong Stock Exchange indicates that the company plans to develop...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Macau junket operators not interested in setting up services in new Cotai venues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 20, 2016 0With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Casinos in Gauteng, South Africa could end up paying higher taxes very soon Renee Kingsley Gaming Law & LegislationSouth AfricaEconomy/FinanceAfrican Casino NewsTaxation March 14, 2016 0Casinos in Gauteng, South Africa have been subjected to paying the government just 9 percent in gaming taxes for close...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...
PokerStars teams up with NetEnt and prepares for soft launch in New Jersey Renee Kingsley Latest Casino and Gambling NewsOnline gambling regulationOnline PokerNew Jersey March 11, 2016 0Canadian based Amaya Inc, the parent company of PokerStars fought long and hard to get PokerStars back into the U.S...