Wide market expected for Tigre de Cristal casino in Russia Kim M Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacauRussia July 22, 2015 0According to Macau Business Daily, Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., hopes the Russian...
Macau Legend seeks to invest $200 million in Cape Verde Casino Sam Mitchell Latest Casino and Gambling NewsAsian Casino News July 21, 2015 0Macau Legend announced their intent to invest in a Cape Verde Casino to the tune of $200 million USD. On...
Echo shares skyrocket; Brisbane Resort to help company remain competitive Sam Mitchell Latest Casino and Gambling NewsAustraliaCasino openings July 21, 2015 0Today, on July 21st 2015, it was reported that the shares of Echo Entertainment Group Ltd. grew to a new...
Echo edges out Crown Greenland for new Brisbane mega casino Lars Jones Latest Casino and Gambling NewsCasino proposalsAustraliaLicenses July 20, 2015 0Local gaming operator Echo Entertainment Group has been awarded a license to build a mega-casino in the heart of Brisbane,...
34 gambling establishments apply for South Korea casino licenses Renee Kingsley Casino proposalsCasino NewsGaming Industry NewsEconomy/FinanceLicensesAsian Casino NewsSouth Korea July 20, 2015 0The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
Malaysia’s Resorts World Genting could earn immunity from smoking ban Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino expansion projectsAsian Casino NewsMacauMalaysia July 15, 2015 0Malaysia, a pre-dominantly Islamic country, has extremely strict gambling laws and only one casino is permitted to operate in the...
Tryst, XS Nightclub director joins Alon project in Las Vegas D. Graham Latest Casino and Gambling NewsU.S.A.World Casino NewsNorth America Casino NewsNew HotelsGaming Industry NewsCasino project updatesNevada July 14, 2015 0Jesse Waits, former managing partner and director of Wynn’s Tryst and XS nightclubs, has joined James Packer’s $4 billion Alon...
Vingroup plans to construct mega casino resort in Hai Phong, Vietnam Renee Kingsley Casino proposalsCasino openingsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauVietnam July 14, 2015 0Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort...
Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...
Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
One fourth of lottery funds misused in China; US$2.72 billion Sam Mitchell Latest Casino and Gambling NewsChinaLotteryUnlicensed OperationFinancial Fraud June 26, 2015 0Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to...