Lawrence Ho Yau Lung | World Casino News

Tigre De Cristal second phase could cost up to $500 million

November 24, 2016

Latest Casino and Gambling News, Casino project updates, Russia

After last month revealing that its Tigre De Cristal casino resort had generated gaming taxes of over $8 million during its first year of operation, operator G1 Entertainment has now reportedly declared that it...

Cyprus casino to be first integrated resort, largest gaming property in Europe

K Morrison

November 21, 2016

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

Energy, Tourism, and Commerce Minister Yiorgos Lakkotrypis (pictured on right) said on Friday that Cyprus’ casino is slated to be Europe’s largest, according to a Cyprus News Agency (CNA) report. Lakkotrypis...

Temporary Cyprus casino could open by late-2017

Adam Morgan

November 15, 2016

Latest Casino and Gambling News, Casino project updates, Cyprus

After winning the right to build and operate the first integrated casino resort in Cyprus, the consortium led by Melco International Development Limited could now reportedly open a temporary training venue in L...

Imminent license award for Cyprus casino consortium

Adam Morgan

November 12, 2016

Latest Casino and Gambling News, Casino project updates, Cyprus

After last week winning the right to build and operate the first integrated casino resort in Cyprus, the consortium led by Melco International Development Limited could now reportedly receive its license for th...

Melco confirms Hard Rock Phasouri consortium will tender bid for Cyprus casino

Martin Chua

September 30, 2016

Latest Casino and Gambling News, Casino proposals, Cyprus, Licenses

Following the decision of NagaCorp Limited to pull out of the bidding process earlier this week, the race to build and operate the first casino resort for Cyprus is now down to just one candidate in a group led...

And then there was one: NagaCorp pulls out of Cyprus casino bid

K Morrison

September 29, 2016

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

The competition for a single casino license in Cyprus is down to one candidate, according to a filing on the Hong Kong Stock Exchange Wednesday by NagaCorp Ltd., stating that it would not be proceeding to the f...

Studio City Casino Macau hopes to roll out VIP tables this month

Martin Chua

September 8, 2016

Latest Casino and Gambling News, Casino project updates, Macau

After announcing in July that it wanted to bring VIP gaming tables to its Studio City Casino Macau property, Melco Crown Entertainment Limited has now revealed that such high-roller operations at the Cotai Stri...

Trio of junket operators to operate VIP rooms at Wynn Palace Cotai

Adam Morgan

August 19, 2016

Latest Casino and Gambling News, Casino project updates, Macau, Mergers, Acquisitions & Partnerships

The coming $4.2 billion Wynn Palace Cotai development from operator Wynn Resorts Limited is set to open its doors on Monday featuring VIP rooms allocated to a trio of prominent junket operators including Suncit...

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...

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 ...