Hong Kong Stock Exchange | World Casino News

Wynn Palace Cotai to open in a week, moving 250 Wynn Macau gaming tables

August 15, 2016

Latest Casino and Gambling News, Casino project updates, Licenses, Macau

Ahead of next week’s planned opening of its new $4.2 billion Wynn Palace Cotai development, American casino operator Wynn Resorts Limited has announced that it has received approval to transfer up to 250 under-...

Tigre De Cristal owner agrees partnership with South Korean casino operator

Adam Morgan

August 15, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Russia

The company behind the Tigre De Cristal casino resort in Russia’s Primorsky Krai region, Summit Ascent Holdings Limited, has reportedly signed a non-binding memorandum of understanding with Kangwon Land Incorpo...

Amax International Holdings considering lawsuit against Greek Mythology Casino operator

Martin Chua

August 12, 2016

Latest Casino and Gambling News, Macau, Fines, Lawsuits & Litigation

The owner of the Greek Mythology Casino has announced that it is considering taking legal action against the venue’s operator for failing to provide two years’ worth of financial information. According to a ...

MelcoLot Limited may revisit Spanish casino project as half-year results improve

Martin Chua

August 11, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Chinese sports lottery operator MelcoLot Limited has released its financial results for the first half of 2016 showing a 41% increase year-on-year in total revenues to $4.38 million while its net loss narrowed ...

SJM Holdings Limited posts worse-than-expected first-half results

Martin Chua

August 8, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau casino operator SJM Holdings Limited has released its interim financial results for the first half of 2016 showing a 20.6% decline year-on-year in total revenues to $2.72 billion. The firm behind the i...

MGM Cotai Casino Resort opening delayed to second quarter of 2017

Martin Chua

August 5, 2016

Latest Casino and Gambling News, Casino project updates, Macau

MGM Resorts International has pushed back the opening date for its new MGM Cotai Casino Resort by three months while additionally explaining that the budget for the giant development is due to rise slightly. ...

Neptune Group says VIP crisis inescapable

K Morrison

March 15, 2016

Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Macau

Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing VIP junket model no longer sustainable. The company said in an interim report fi...

NagaCorp’s year-to-date gaming revenue up 47%

D. Graham

October 4, 2015

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

NagaCorp Ltd reported unaudited data to the Hong Kong Stock Exchange Friday of almost U.S. $400 million GGR for the first nine months of 2015. This financial data represents an increase of 47% from the U.S. $27...

Hong Kong money laundering trial adjourned until March

K Morrison

September 26, 2015

Latest Casino and Gambling News, World Casino News, Hong Kong, Money Laundering, Asian Casino News, Macau

One time Neptune Group Ltd shareholder in Hong Kong’s Macau VIP gambling sector Cheung Chi-tai's trial has been adjourned by a Hong Kong court until March 24, 2016 at the request of prosecutors citing complexit...

Melco profits sketchy before opening of EurAsia properties

K Morrison

September 9, 2015

Latest Casino and Gambling News, Cambodia, Casino News, World Casino News, Economy/Finance, Macau, Philippines, Russia

Monday past, in a post-trading filing with the Hong Kong Stock Exchange, Melco International Development Limited announced its year on results ending June 30 to be HK$111.1 million (US$14.3 million), a decline ...

Monday last day of Hong Kong trading for Melco Crown

Lars Jones

June 28, 2015

Latest Casino and Gambling News, Hong Kong, Economy/Finance, Macau, Philippines

In early January Melco Crown Entertainment Limited announced they would be de-listing their shares from the Hong Kong stock exchange (HKSE). In late March it was announced that shareholders had overwhelmingly a...