Tagged galaxy entertainment group limited

MGM Resorts International designated as official Osaka casino partner

September 17, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the city of Osaka has reportedly selected a consortium being led by MGM Resorts International to be the preferred operating partner for its tilt at winning one of the nation’s coming trio of integr...

Stark reaction to proposed future Macau casino regulations

Adam Morgan

September 15, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

The value of shares in some of Macau’s largest casino operators was reportedly rocked yesterday after the local government released its latest proposals for how it believes the industry should be regulated into...

Philippines regulator expecting to post improved annual tax revenues

Adam Morgan

September 7, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Philippines

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly predicted that her organization expects to bring in aggregated tax revenues for this year of up to $756 million. ...

Galaxy Entertainment Group Limited heralds its first-half return to profit

Adam Morgan

August 12, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its first-half financial results showing an improvement of almost 133% year-on-year in net profit to approximately $121.7 million...

MGM Resorts International to make $9.1 billion Osaka casino resort bid

Adam Morgan

July 19, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In the race to win one of Japan’s coming trio of integrated casino resort licenses and American gambling giant MGM Resorts International is reportedly set to propose building a $9.1 billion development in partn...

Las Vegas Sands Corporation facing $12 billion lawsuit in Macau

Adam Morgan

June 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Macau and Las Vegas Sands Corporation is reportedly facing a $12 billion lawsuit over allegations tied to its receipt of a casino license in the world’s biggest gambling hub some two decades ago. Accordin...

Galaxy Entertainment Group Limited abandons Yokohama casino license race

Adam Morgan

May 18, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator Galaxy Entertainment Group Limited is reportedly out of the race to help bring an integrated casino resort to the Japanese city of Yokohama after deciding not to take part in the request f...

Macau legislators call on government to run a casino performance assessment

Adam Morgan

May 17, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Labor Relations

In Macau and a group of legislators have reportedly called on the government to institute an official assessment regarding just how the city’s current crop of six licensed casino operators have performed over t...

Osaka sets definitive integrated casino resort RFP deadline

Adam Morgan

March 19, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the city of Osaka has reportedly launched the latest request for proposal (RFP) stage of its campaign to secure one of the nation’s coming trio of integrated casino resort licenses. According to...

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Adam Morgan

March 2, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

French multinational hospitality behemoth Accor SA has reportedly announced the signing of an agreement that is to see it bring a Raffles-branded hotel to the giant Galaxy Macau development. According to a M...

Galaxy Macau planning to feature eight new hotels by the end of 2025

Adam Morgan

February 25, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly announced that it eventually intends to bring eight new hotels offering a total of at least 3,000 rooms and villas to its giant Galaxy Mac...

Macau gaming stocks rally following positive coronavirus news

Adam Morgan

February 23, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The value of individual shares in Macau’s six licensed casino operators reportedly rallied earlier today following positive news regarding aggregated gross gaming revenues, local border restrictions and the rol...

Casino implementation policy guidelines published by Yokohama

Adam Morgan

January 22, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

Officials in the giant Japanese city of Yokohama have reportedly published the implementation policy for their ambitious campaign to win one of the nation’s coming trio of integrated casino resort licenses. ...

Casino operator share prices rise following United Kingdom vaccination news

Adam Morgan

December 3, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, United Kingdom

The share prices for some of the world’s most prominent land-based casino operators have reportedly risen following yesterday’s news that the United Kingdom has become the first country to approve the rollout o...

Yokohama integrated casino resort scheme may be in danger

Adam Morgan

November 24, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the giant city of Yokohama could reportedly soon encounter a dearth of prospective foreign operators wanting to participate in the request for proposal (RFP) stage of its effort to secure one of th...