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...
Money laundering scandal involving Caesars Entertainment results in multi-million dollar fine Sadonna Price Latest Casino and Gambling NewsMoney LaunderingBankruptcyFines, Lawsuits & LitigationNevada September 9, 2015 0Based on what the federal authorities are calling ‘severely deficient’ controls on anti-money laundering, Caesars Entertainment Corp. must now pay...
MERS fears subside, Grand Korea Leisure sees numbers rise Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsEconomy/FinanceFinancial Press ReleasesSouth Korea September 8, 2015 0As of August 26 attendance at its three South Korean Seven Luck foreigners-exclusive casinos exceeded one million, according to an...
Macau junket ops taking debtors to court Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacauFines, Lawsuits & Litigation September 5, 2015 0According to a report on Macau Business Daily (MBD), there has been a major increase in filings with the Court of...
Government official wants authorities to investigate City of Dreams Manila Casino over employee sacking Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceEmployment & CareersAsian Casino NewsLabor RelationsPhilippines September 2, 2015 0The Philippines has encouraged gambling enterprises to set up multi-million dollar casinos in the country as the casino industry was expected...
October 8 opening announced for Lawrence Ho’s Tigre De Cristal Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNew HotelsCasino project updatesRussia September 1, 2015 0Summit Ascent Holding Ltd., a company controlled by gaming entrepreneur Lawrence Ho, announced last week that its Tigre De Cristal...
Partner in Macau Ponte 16 posts small loss for first half of 2015 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 31, 2015 0Success Universe Group reported loss of HK$1.9 million ($245,161) for the first half of 2015 in comparison with the same...
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...
High Roller’s attempt to avoid $11.1m casino debt spoiled by Canadian Court Sadonna Price Latest Casino and Gambling NewsCanadaFines, Lawsuits & LitigationFinancial FraudSingapore August 25, 2015 0Back in February of 2013, Jian Tu, also known as Tu Jian, visited the Marina Bay Sands and opted for...
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...
Galaxy profits fall 66% on turndown and poor luck Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 20, 2015 0Galaxy Entertainment Group reported a dramatic fall of revenues by 66% in the first half of 2015. The Macau casino...
Echo Entertainment hosts ceremony for new Jupiters Hotel and Casino Alex Lanter Latest Casino and Gambling NewsAustraliaWorld Casino NewsOceania Casino News August 18, 2015 0Echo Entertainment held a ceremony to celebrate the construction of the new six-star hotel tower which is going to be...
Macau Casino Jai Alai may reopen mid 2016 Alex Lanter Latest Casino and Gambling NewsCasino openingsAsian Casino NewsMacau August 18, 2015 0SJM Holdings Limited, a casino gaming company based in Macau, is hoping to reopen the renewed Casino Jai Alai situated...
Higher costs continue Bloomberry slide in second quarter Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsPhilippines August 17, 2015 0Bloomberry Resorts Corp reported a net loss for the second quarter of 2015, just like it did for the first...
Cambodian casino operator NagaCorp reports net profit growth of 49% Alex Lanter Latest Casino and Gambling NewsCambodiaEconomy/FinanceAsian Casino News August 13, 2015 0As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem....