Tagged lawrence ho yau lung

Seven potential casino operating partners for Osaka to consider

May 31, 2019

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

The mayor for Osaka, Ichiro Matsui (pictured), has reportedly announced that he has received proposals from seven different entities hoping to eventually win the right to operate the giant city’s envisioned int...

Suncity Group Holdings Limited acquires controlling stake in Russian casino operator

Adam Morgan

April 24, 2019

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

Asian junket operator, Suncity Group Holdings Limited, has reportedly announced the completion of a deal that has seen it pay approximately $91.5 million in order to acquire a controlling stake in Russian casin...

Lawrence Ho ups stake in Melco Resorts and Entertainment Ltd.

K Morrison

February 22, 2019

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

For the second time since November, Hong Kong-based businessman, Lawrence Ho Yau Lung, has reportedly increased his stake in Melco Resorts and Entertainment Limited, (NASDAQ: MLCO). According to GGRAsia repo...

Melco Resorts announces staff pay hike, effective April

K Morrison

February 4, 2019

Latest Casino and Gambling News

After announcing on January 10, that eligible non-management employees would be awarded a “one-month discretionary bonus” prior to the Chinese New Year, Melco Resorts and Entertainment Limited, (NASDAQ: MLCO) a...

Melco group premiers new satellite casino in Cyprus

K Morrison

December 28, 2018

Latest Casino and Gambling News, Casino News, Casino openings, Cyprus

In Cyprus, casino operator, Melco International Development Limited, has reportedly opened Cyprus Casinos Larnaca (C2 Larnaca), its third satellite or "pop-up" casino in the Eastern Mediterranean, while awaitin...

Melco Resorts and Entertainment Limited backs Japan immigration changes

Adam Morgan

December 8, 2018

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

In Japan, the boss for Melco Resorts and Entertainment Limited has reportedly declared that his firm could be forced to import up to 20,000 foreign workers if it was to be given the right to operate one of the ...

Further expansion plans for Tigre de Cristal revealed

Adam Morgan

September 18, 2018

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Russia

In eastern Russia, the state-run Primorsky Krai Development Corporation has reportedly revealed that the coming second phase of the Tigre de Cristal integrated casino resort is set to feature a substantial shop...

Six-month net profit rockets at Melco International Development Limited

Adam Morgan

August 28, 2018

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

Asian gaming and entertainments giant Melco International Development Limited has released its interim financial results for the six months to the end of June showing an over 154% increase year-on-year in net p...

Operators reaffirm their interest in coming Japanese casinos

Adam Morgan

July 27, 2018

Casino Sales, Casino News, Latest Casino and Gambling News, Japan, Mergers, Acquisitions & Partnerships

Following last week’s passage of the Integrated Resort Implementation Bill, three of the world’s largest gambling operators have reportedly reaffirmed their interest in running one of Japan’s coming trio of int...

Grand Hyatt at City of Dreams Macau appoints new GM

K Morrison

June 24, 2018

Latest Casino and Gambling News, Employment & Careers, Macau

In a recent statement to the press, the Grand Hyatt Macau hotel situated in the City of Dreams Macau announced that Timothy Bruce (pictured) has been appointed its new general manager. According to the hotel at...

Temporary casino to open in Cyprus on June 28

Adam Morgan

June 11, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus, Economy/Finance

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it intends to inaugurate a temporary casino for Cyprus by the end of the month ahead of the envision...

June 8 ground breaking planned by Melco International for Cyprus IR

K Morrison

May 16, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus

In a Tuesday press conference, Investment holding company Melco International Development Ltd (200:Hong Kong) revealed that on June 8, 2018, a groundbreaking ceremony would precede the start of construction wor...

Melco Intl appoints former director of Tigre De Cristal president of Cyprus casino ops

K Morrison

May 10, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus, Employment & Careers

Investment holding company Melco International Development Ltd (200:Hong Kong) has named Craig Ballantyne (pictured) the president of City of Dreams Mediterranean, Cyprus’ first integrated casino resort slated ...

Soon-to-open Morpheus to eschew the use of junket operators

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, Casino News, New Hotels, Macau, Mergers, Acquisitions & Partnerships

Asian casino firm Melco Resorts and Entertainment Limited has reportedly declared that it will not be using junket operators to attract high-rolling players to its soon-to-open Morpheus hotel tower. Accordin...

Melco Resorts and Entertainment Limited rewards successful leadership

Adam Morgan

April 4, 2018

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

Asian casino giant Melco Resorts and Entertainment Limited has rewarded Lawrence Ho Yau Lung (pictured) for his successful leadership by granting the billionaire businessman a further 531,381 of its restricted ...