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...
Australia to see casino revenue skyrocket within 5 years Sam Mitchell Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry News April 15, 2015 0Tuesday April 14, 2015 news revealed that Australia is gaining ground in the casino industry. Projections have casino revenue increasing...
Union Gaming reports that a large number of Macau’s visitors book their tickets only 48 hours before arrival Lars Jones Latest Casino and Gambling NewsMacau April 15, 2015 0Union Gaming Research Macau Ltd recently reported that a large percentage of visitors to Macau are booking their tickets only...
Macau sets 21 million cap on visitors from Mainland China Lars Jones Latest Casino and Gambling NewsChinaMacau April 15, 2015 0Macau’s government recently confirmed that they had agreed to set a cap on the number of Mainland China visitors who...
Cutting out junket operators leaves Singapore casinos with unpaid debt Sam Mitchell Latest Casino and Gambling NewsCasino NewsGaming Industry NewsFinancial FraudSingapore April 9, 2015 0Grant Govertsen, a Union Gaming Advisors analysts, told media that Singapore’s gaming revenue is down due to the Chinese movement...
Casino revenue in Macau falls for 10th straight month–new normal? Jenn G Latest Casino and Gambling NewsCasino NewsMacau April 2, 2015 0As the decline in high roller visits continues, Macau casinos are suffering further falling revenue. March was the 10th month in a row...
Cherokee Nation to spend $6.9 Million to renovate Hard Rock Hotel and Casino in Tulsa Lars Jones Latest Casino and Gambling NewsTribal GamingCasino expansion projectsBrick-n-Mortar Poker RoomsOklahoma March 27, 2015 0The Cherokee Nation tribe built the Hard Rock Hotel & Casino Tulsa in Catoosa, Oklahoma back in 2004 for an estimated...
Cambodia government nets $25 Million in 2014 gaming tax–up 12% Lars Jones Latest Casino and Gambling NewsCambodiaCasino NewsWorld Casino News March 25, 2015 0Cambodia has extremely friendly gambling laws and the Cambodian government is encouraging foreign enterprises to invest into the country and...