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Melco Resorts and Entertainment Limited drops Osaka in favor of Yokohama

September 18, 2019

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly declared that it is set to concentrate all of its efforts on the city of Yokohama as it looks to secure one of the three coming Jap...

Casino operator initiates hunt for new NayonLanding site

Adam Morgan

September 16, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Casino project updates, Licenses, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and Landing International Development Limited has reportedly announced that it has initiated a search in hopes of finding a new plot of land on which to construct its envisioned $1.5 billion ...

Amax International Holdings Limited planning to change its name

Adam Morgan

September 10, 2019

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

Asian casino and entertainments firm, Amax International Holdings Limited, has reportedly announced a plan that would see it change its name to Century Entertainment International Holdings Limited. According...

Ominous forecast concerning Macau gaming revenues for September

Adam Morgan

September 10, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and the enclave’s Economy and Finance Secretary has reportedly warned that aggregated gross gaming revenues for September are likely to be lower when compared with the same month last year. Accordin...

Gloomy prediction for future Macau aggregated gross gaming revenues

Adam Morgan

September 9, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The boss for prominent Asian junket operator, Suncity Group, has reportedly predicted that Macau could see an up to 20% decline year-on-year in fourth-quarter aggregated gross gaming revenues to around $7.79 bi...

Imperial Pacific International Holdings Limited facing casino license renewal fine

Adam Morgan

September 3, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Saipan, Licenses, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction, Imperial Palace Saipan, is to reportedly be hit with a fine of some $375,000 for the late payment of its annual ca...

Macau records comparable drop in August aggregated gross gaming revenues

Adam Morgan

September 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly had a bad August after they chalked up an 8.6% year-on-year decrease in aggregated gross gaming revenues to come in at slightly over $3 billion. According to a Sunday ...

Melco Resorts and Entertainment Limited parent to establish Yokohama office

Adam Morgan

September 2, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Japan

The firm behind Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced that it will be opening an office in Yokohama as it looks to gain an advantage over its competitors in th...

New South Wales regulator launches Crown Resorts Limited investigation

Adam Morgan

August 30, 2019

Latest Casino and Gambling News, Australia, Casino News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

In Australia and the gaming regulator for the eastern state of New South Wales has reportedly launched an investigation into whether local casino operator Crown Resorts Limited may have violated its license con...

South Korean casino posts improved first-half gaming revenues

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator New Silkroad Culturaltainment Limited has reportedly released its interim financial results for the six months to the end of June showing that gaming revenues had increased by 16.2% year-o...

Tigre de Cristal half-year results highlight the importance of VIP clientele

Adam Morgan

August 27, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian casino operator, Summit Ascent Holdings Limited, has reportedly revealed that its Tigre de Cristal venue recently experienced a 24% increase year-on-year in aggregated six-month revenues to approximately ...

Macau getting new Beijing-backed Chief Executive in Ho Iat Seng

Adam Morgan

August 26, 2019

Latest Casino and Gambling News, Gaming Industry News, Licenses, Macau

In Macau and local businessman Ho Iat Seng (pictured) has reportedly been selected to replace the outgoing Fernando Chui Sai On and serve as the former Portuguese enclave’s third ever Chief Executive. Accord...

Suncity Group Holdings Limited refutes Australian investigation rumors

Adam Morgan

August 7, 2019

Latest Casino and Gambling News, Australia, Gaming Industry News, Money Laundering, Economy/Finance, Crime

Asian casino firm, Suncity Group Holdings Limited, has reportedly released an official statement to refute recent claims that it is being investigated by authorities in Australia over alleged links between its ...

The 13 planning to offload controlling stake as casino plan is abandoned

Adam Morgan

August 6, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and the firm behind the $1.6 billion, The 13 hotel, has reportedly announced the signing of an agreement that could eventually see it offload a 60% stake in the luxury venue in exchange for a considera...

Brokerages predict disappointing August for Macau casinos

Adam Morgan

August 6, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The local branches of two prominent brokerage firms have reportedly predicted that August aggregated gross gaming revenues from the over 35 casinos in Macau will be below where they were for the same month last...