Genting Singapore first quarter profits tumble 64% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSingapore May 15, 2015 0On the 15th May 2015, the first quarter profits for Genting Singapore have dropped 64% as VIP gaming declined and...
Las Vegas Sands willing to invest over $6 Billion in South Korea if government amends gambling laws Renee Kingsley Gaming Law & LegislationCasino proposalsSouth Korea May 15, 2015 0South Korea is on its way to becoming the second most important gambling hub in Asia with Macau being the...
Chinese authorities catch and prosecute 2nd most wanted man in China Renee Kingsley ChinaMoney LaunderingMacauFinancial FraudSingapore May 15, 2015 0Beijing has targeted Macau’s casino industry because it’s been reported to be a hotbed for corruption, money laundering and racketeering....
Gaming revenue dips; Macau govt surplus down 54.8% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 14, 2015 0On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone...
Novomatic re-launches Casino Admiral at Ocean Village Gibraltar Sam Mitchell Latest Casino and Gambling NewsCasino NewsCasino openingsGibraltar May 14, 2015 0Last week, Novomatic, the new owners of the Casino Admiral in Ocean Village Gibraltar, reopened the casino with the help of...
Christmas Island prepares to open casino resort once again Lars Jones Gaming Law & LegislationCasino proposalsChristmas IslandLicenses May 14, 2015 0Christmas Island sounds like a place in a fairy tale book but it does exist; 2600 kilometers from Perth, Australia...
Beijing pushes for economic diversification in Macau in order to limit Western financial control Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsMacau May 13, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...
Junket operator Iao Kun rolling chip revenue plunges 71% Sam Mitchell Latest Casino and Gambling NewsMacauFinancial Press Releases May 8, 2015 0Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...
South Korean cruise ship casinos authorized Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsSouth Korea May 8, 2015 0A number of Asian countries have tried to capitalize on the collapse of Macau’s casino industry and lure Macau’s VIP...
Chinese shoppers targeted by South Korea as they increase “low roller” numbers Sam Mitchell Latest Casino and Gambling NewsCasino NewsChinaSouth Korea May 6, 2015 0On May 5, 2015 it was revealed in a Reuters article that Seoul foreigner-only casinos have started targeting low-roller gamblers,...
Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1 Lars Jones MacauFinancial Press Releases May 4, 2015 0Sands China saw all of it’s properties post lower revenues in the first quarter of 2015 for a total profit...
Summit Ascent Holdings announces near completion of Russian casino Sam Mitchell Latest Casino and Gambling NewsCasino project updatesRussiaRussia April 24, 2015 0Websites are ablaze with the news of Summit Ascent Holdings from April 24, 2015. According to the Melco International CEO...
Professor Zeng of Polytechnic Institute suggests tighter junket regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau April 22, 2015 0Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...
SNG Interactive introduces new online casino operations in New Jersey Lars Jones New online casinosGame manufacturersLicensed online casinos in USANew Jersey April 21, 2015 0NEW HAVEN, Conn., April 16, 2015 /PRNewswire/ — SNG Interactive (“SNG”), Sportech’s joint venture with NYX Gaming Group Limited (“NYX“),...
Kyrgyzstan government decides to ban all forms of gambling Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationPoker LawCasino closuresBrick-n-Mortar Poker RoomsKyrgyzstan April 16, 2015 0The Kyrgyzstan government recently passed a law that banned all forms of gambling. The Kyrgyzstan government released the following statement on...