Macau | World Casino News

Crown Resorts Limited employees plead guilty in China

June 26, 2017

Latest Casino and Gambling News, China, Gaming Industry News, Crime

A little over eight months after being arrested in China for “gambling crimes” and the 19 detained employees of Crown Resorts Limited have today reportedly pleaded guilty and been sentenced following a trial th...

Junket operator Suncity Group runs foul of Philippines regulator

Adam Morgan

June 12, 2017

Latest Casino and Gambling News, Unlicensed Operation, Licenses, Philippines

In the Philippines, junket operator Suncity Group has reportedly fallen foul of the nation’s gambling regulator after allegedly setting up operations at a small casino in the city of Pasay without permission. ...

Las Vegas Sands Corporation leads runners for Japan casino license

Adam Morgan

June 8, 2017

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

American casino giant Las Vegas Sands Corporation has reportedly emerged as a front-runner to secure one of up to four integrated casino resort licenses that are expected to be handed out by legislators in Japa...

Jack Lam no longer the chairman of Jimei International Entertainment Group

Marie Kelley

June 2, 2017

Latest Casino and Gambling News, Employment & Careers, Macau

In a filing released on Wednesday, it was announced that Jack Lam, a veteran junket investor of Macau, will no longer hold the position as the Jimei International Entertainment Group chairman. The change was...

Authorities meet to discuss anti-money laundering strategies

Adam Morgan

May 31, 2017

Latest Casino and Gambling News, Money Laundering, Conferences / Trade Shows, Asian Casino News

The monetary authorities of Macau, China and Hong Kong attended a trilateral conference on Friday that was designed to increase cooperation in the fight against international money laundering. According to a...

Udenna Corporation raises funds to build Lapu-Lapu Leisure Mactan

Adam Morgan

May 23, 2017

Latest Casino and Gambling News, Casino proposals, Philippines

In the Philippines, local trading and shipping firm Udenna Corporation has reportedly raised approximately $80.36 million to help fund its plan to build a new integrated casino resort on the central island of M...

China joins with the Philippines to crack down on illegal online gambling

Adam Morgan

May 9, 2017

Latest Casino and Gambling News, Online Gambling News, Crime, Philippines

As part of a broader campaign to curb the illicit flow of capital overseas, authorities in China have reportedly joined with their counterparts in the Philippines to crack down on illegal online gambling operat...

Crown Resorts Limited selling off final stake in casino-operating joint venture

Adam Morgan

May 9, 2017

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

Australian casino operator Crown Resorts Limited has announced that it expects to receive around $1 billion after agreeing to sell off its remaining stake in the Asian gambling and entertainments joint venture ...

Macau ATMs will feature new security technology to fight illegal cash flow

Marie Kelley

May 8, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

To combat the illegal flow of cash from Mainland China, the government of Macau has decided to implement new security technology at ATMs located near casinos of the gambling city. On Sunday, the government issu...

Philippines grants provisional approval for new Cebu integrated casino resort

Adam Morgan

May 5, 2017

Latest Casino and Gambling News, Casino proposals, Philippines

In the Philippines, local trading and shipping firm Udenna Corporation has announced that it has received provisional government approval to build and operate a new $300 million integrated casino resort near th...

Fate of detained Crown Resorts Limited employees could soon become clearer

Adam Morgan

May 4, 2017

Latest Casino and Gambling News, China, Gaming Industry News, Crime

The fate of the 14 employees of Australian casino operator Crown Resorts Limited being held in China for “gambling crimes” could soon become clearer after police formally turned the cases over Shanghai’s Baosha...

New Jersey and Maryland investments boost MGM Resorts International results

Adam Morgan

April 28, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

International casino operator MGM Resorts International has released its unaudited financial results for the initial three months of 2017 showing a 22% increase year-on-year in overall net revenues to $2.7 bill...

Macau losing out to casino cruise ships with Hong Kong gamblers

Adam Morgan

April 10, 2017

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

In Hong Kong, a new government study has reportedly found that gamblers in the former British colony are spending more with the casino cruise ships that leave the city for international waters than in the many ...

China crack-down vindicates Silver Heritage Group Limited decision

Adam Morgan

April 6, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Economy/Finance, Nepal

Asian casino operator Silver Heritage Group Limited has declared that its decision to select Nepal as the home for its latest development has been vindicated following a recent announcement by a top Chinese gov...

NagaCorp Limited records improved first-quarter VIP rolling chip volumes

Adam Morgan

April 4, 2017

Latest Casino and Gambling News, Cambodia, Economy/Finance

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first three months of 2017 showing that VIP rolling chip volumes had increased by 34% year-on-year to reach over $3.73...