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Asia Pioneer Entertainment Limited heralds banner financial results

March 21, 2019

Latest Casino and Gambling News, Game manufacturers, Economy/Finance, Macau

In Macau, electronic gaming machine distributor, Asia Pioneer Entertainment Limited has announced that 2018 saw its annual profit swell by some 360.8% year-on-year to reach just over $2.63 million thanks to an ...

Imperial Pacific files suit against reporters and Bloomberg

Sadonna Price

June 12, 2018

Latest Casino and Gambling News, Hong Kong, Fines, Lawsuits & Litigation, Saipan

Imperial Pacific International Holdings Ltd. and Imperial Pacific LLC, a subsidiary of the company, have filed a lawsuit against Bloomberg L.P. and two of the publications reporters. The news organization was n...

NagaCorp Limited hoping to raise $290 million for NagaWorld refurb

Adam Morgan

May 15, 2018

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

Asian casino operator NagaCorp Limited has announced that it is hoping to raise funds to grow its VIP business and refurbish its NagaWorld complex in Cambodia by issuing approximately $300 million in senior not...

The 13 Holdings Limited to seek name-change permission

Adam Morgan

March 8, 2018

Latest Casino and Gambling News, New Hotels, Macau

The firm behind Macau’s coming The 13 luxury hotel has announced that it intends to ask shareholders for permission to change its official name from The 13 Holdings Limited to the less numerical South Shore Hol...

Asia Pioneer Entertainment Limited to list 250 million new shares

Adam Morgan

October 31, 2017

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

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing some 250 million new shares on the sm...

Genting Hong Kong Limited to de-list from Singapore’s stock exchange

Adam Morgan

October 10, 2017

Latest Casino and Gambling News, Gaming Industry News, Hong Kong, Economy/Finance, Singapore

Casino and cruise operator Genting Hong Kong Limited has reportedly announced that it has received permission to voluntarily de-list its shares from Singapore’s stock exchange after going some six years without...

Imperial Pacific swings to profit; Doors open Friday

K Morrison

March 29, 2017

Latest Casino and Gambling News, Casino openings, Casino project updates, Economy/Finance, Saipan

Imperial Pacific International Holdings Ltd (1076.HK), recently reported the consolidated results for the company and its subsidiaries for the year ending Dec 31, 2016, with gross revenue of HKD7.49 billion (US...

American investments firm purchases large stake in The 13 Holdings Limited

Adam Morgan

February 17, 2017

Latest Casino and Gambling News, New Hotels, Macau

Ahead of the opening of its The 13 luxury hotel in Macau later this quarter and property developer The 13 Holdings Limited has announced that American investments firm Evolution Capital Management has acquired ...

Success Universe Group Limited warns of three-fold annual deficit

Adam Morgan

January 21, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

Sports lottery and land-based casino operator Success Universe Group Limited has issued a profit warning to investors advising that its consolidated loss for 2016 could have increased by as much as three-fold y...

The 13 on track to open “in the first quarter of 2017”

Adam Morgan

December 12, 2016

Latest Casino and Gambling News, New Hotels, Macau

In Macau, The 13 Holdings Limited has reportedly announced that its coming $1.4 billion The 13 luxury hotel is on track to open during “the first quarter of 2017” with the firm already having hired more than 30...

New joint venture planned for Caesar’s Casino Incheon development

Adam Morgan

December 6, 2016

Latest Casino and Gambling News, Casino proposals, Mergers, Acquisitions & Partnerships, South Korea

A subsidiary of American casino operator Caesars Entertainment Corporation has reportedly reached a deal to create a new joint venture that intends to take over control of the $739 million plan to construct and...

Saipan casino operator denies federal investigation rumor

Adam Morgan

November 16, 2016

Latest Casino and Gambling News, Saipan, Crime, Northern Mariana Islands

In the Commonwealth Of The Northern Mariana Islands, casino operator Imperial Pacific International Holdings Limited has announced that it has not received any notification to suggest that it is being investiga...

Conservative prediction for Macau 2017 gross gaming revenues

Adam Morgan

November 16, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The head of the government in Macau has given a conservative aggregated gross gaming revenues forecast for next year that is around 13% below some analysts’ 2017 estimates despite a recent recovery that has see...

NagaCorp reports double-digit year-on-year growth in betting volumes Q1-3

Sadonna Price

October 5, 2016

Latest Casino and Gambling News, Cambodia, Economy/Finance

NagaCorp Ltd is a developer and operator of casinos, listed in Hong Kong that recently reported their betting volumes for the first nine months of the year. NagaCorp was able to see double-digit growth for year...

Saipan casino operator expects to record a first-half profit

Adam Morgan

August 16, 2016

Latest Casino and Gambling News, Economy/Finance, Saipan

After posting a net loss of $21.8 million for the first half of last year, Hong Kong-listed casino operator Imperial Pacific International Holdings Limited has revealed that it expects to record an overall prof...