Macau sees higher November hotel occupancy rate as average room price drops Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsMacau December 21, 2016 0The average daily hotel occupancy rate in Macau increased by 6.6% year-on-year last month to hit 91.6% while the median...
Second new tower approved for Jupiters Hotel And Casino Gold Coast Adam Morgan Latest Casino and Gambling NewsAustraliaNew HotelsCasino project updates December 16, 2016 0In Australia, casino operator The Star Entertainment Group Limited has announced that it has received official government approval to build...
Crown Resorts to abandon Alon Las Vegas and dispose more of its stake in Macau casinos Renee Kingsley Latest Casino and Gambling NewsLas VegasAustraliaCasino expansion projectsChinaEconomy/FinanceMacau December 15, 2016 0Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also...
Macau casino market to finish 2016 on a high due to VIP recovery Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 15, 2016 0In Macau, gaming industry experts have predicted that aggregated gross gaming revenues for December could rise by as much as...
Paysafe Group shares plunge following illegal gambling allegations: Paysafe vociferously denies Adam Morgan Latest Casino and Gambling NewsTechnologyOnline Gambling NewsCrimeUnited Kingdom December 14, 2016 0Shares in London-listed online payment systems provider Paysafe Group plunged almost 38% yesterday following an accusation that some of its...
Philippines casino operator calls for changes to Chinese visa policy Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationPhilippines December 13, 2016 0The boss for Philippines casino operator Bloomberry Resorts Corporation has reportedly suggested that his government should adopt a visa-on-arrival policy...
Bloomberry Resorts Corporation interested in opening a casino in Japan Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsPhilippines December 13, 2016 0Philippines casino operator Bloomberry Resorts Corporation has reportedly revealed that it would be interested in opening a facility in Japan...
The 13 on track to open “in the first quarter of 2017” Adam Morgan Latest Casino and Gambling NewsNew HotelsMacau December 12, 2016 0In Macau, The 13 Holdings Limited has reportedly announced that its coming $1.4 billion The 13 luxury hotel is on...
Macau gaming regulator predicts positive future for local casino industry Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 9, 2016 0The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated...
Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationChinaEconomy/FinanceMacau December 9, 2016 0Macau casino stocks took a hit after it was announced that Macau’s Monetary Authority (MMA) would impose restrictions on UnionPay...
Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant Renee Kingsley Latest Casino and Gambling NewsChinaUnlicensed OperationOnline Gambling NewsMacauPhilippines December 7, 2016 0Macau based and Hong Kong listed Jimei International Entertainment Group Limited released a statement to distance itself from its controlling...
New joint venture planned for Caesar’s Casino Incheon development Adam Morgan Latest Casino and Gambling NewsCasino proposalsMergers, Acquisitions & PartnershipsSouth Korea December 6, 2016 0A subsidiary of American casino operator Caesars Entertainment Corporation has reportedly reached a deal to create a new joint venture...
Jack Lam flees the Philippines to avoid being arrested for illegal online gambling operations Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationOnline gambling regulationUnlicensed OperationPhilippines December 5, 2016 0Authorities in the Philippines arrested over 1,000 Chinese nationals who were alleged to have been involved in illegal online gambling...
Maryland’s MGM National Harbor opens December 8 Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsNew HotelsCasino project updatesMaryland December 1, 2016 0In Maryland, the MGM National Harbor is scheduled to open on Thursday, December 8, with the $1.3 billion development from...
Crown Resorts Limited delays international break-up plan Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/FinanceMergers, Acquisitions & Partnerships December 1, 2016 0The previously announced plan from Crown Resorts Limited that was to see the Australian casino operator cleave off major parts...