Coloane has no restrictions for casino construction Sam Mitchell Latest Casino and Gambling NewsMacau July 14, 2015 0On July 14th 2015, Lionel Leong Vai Tac, the Secretary of Economy and Finance in Macau said that in the...
Eldorado Resorts buying two MGM Casinos in Reno Sam Mitchell Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsNevada July 8, 2015 0Tuesday, July 7, 2015—MGM Resorts International and Eldorado Resorts announced their plans to shift ownership of two Reno, Nevada casinos....
Las Vegas Sands Corp employees to decide on company’s philanthropy program Renee Kingsley U.S.A.Las VegasGaming Industry NewsEmployment & CareersAsian Casino NewsMacauSingaporeNevada July 7, 2015 0The Las Vegas Sands Corp, the biggest gambling company in the world, recently decided to amend its internal policies to...
Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...
Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
First Figure 8 Ferris Wheel nearing completion in Cotai, Macau Bernard Richter Latest Casino and Gambling NewsCasino project updatesThe Players LoungeMacau June 26, 2015 0MACAU, June 25, 2015 — Melco Crown Entertainment, owner and operator of casino gaming and entertainment resort facilities in Asia,...
Hong Kong money laundering probe nets Macau junket investor Sam Mitchell Latest Casino and Gambling NewsHong KongMoney LaunderingMacau June 26, 2015 0On June 26th 2015, it was reported in Hong Kong that an investor for a junket room in Macau has...
Billionaire Steve Wynn ordered to pay $422,389 in legal fees & costs Renee Kingsley U.S.A.Las VegasCaliforniaAsian Casino NewsMacauFines, Lawsuits & LitigationNevada June 25, 2015 0Casino tycoon and billionaire Steve Wynn is no stranger to lawsuits or controversy as Wynn Resorts and Steve Wynn have...
Macau casino revenues continue to decline Sam Mitchell Latest Casino and Gambling NewsChinaEconomy/FinanceMacau June 24, 2015 0On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...
Seventeen casinos scheduled to open before 2020 in Asia Pacific Renee Kingsley Latest Casino and Gambling NewsCambodiaAustraliaCasino NewsChinaNew ZealandJapanAsian Casino NewsMacauOceania Casino NewsMalaysiaNepalPhilippinesRussiaSingaporeSouth KoreaVietnam June 22, 2015 0The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time...
Galaxy Phase II dominates Macau’s gaming market Renee Kingsley Casino NewsGaming Industry NewsEconomy/FinanceMacau June 22, 2015 0Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...
Galaxy Phase II expected to see revenue increase Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau June 18, 2015 0Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the...