Melco Resorts And Entertainment Limited

Osaka casino operator race narrowed to three runners

September 20, 2019

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

In Japan and the race to find the international operator for Osaka’s proposed integrated casino resort is now reportedly down to three runners encompassing Galaxy Entertainment Group Limited, MGM Resorts Intern...

Melco Resorts and Entertainment Limited drops Osaka in favor of Yokohama

Adam Morgan

September 18, 2019

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly declared that it is set to concentrate all of its efforts on the city of Yokohama as it looks to secure one of the three coming Jap...

Casino industry proves importance to Macau’s economy

Adam Morgan

September 17, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The amount of cash the Macau casino industry contributed to the local economy in 2018 reportedly hit a four-year high at almost $25.2 billion while the sector’s annual gross surplus grew by 14.8% when compared ...

Macau posts 1.5% comparable rise in eight-month tax revenues from gaming

Adam Morgan

September 13, 2019

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

The government of Macau has reportedly announced that it recorded a 1.5% increase year-on-year in combined tax revenues from gaming for the eight months to the end of August to approximately $9.48 billion. A...

Melco Resorts and Entertainment Limited parent to establish Yokohama office

Adam Morgan

September 2, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Japan

The firm behind Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced that it will be opening an office in Yokohama as it looks to gain an advantage over its competitors in th...

New South Wales regulator launches Crown Resorts Limited investigation

Adam Morgan

August 30, 2019

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

In Australia and the gaming regulator for the eastern state of New South Wales has reportedly launched an investigation into whether local casino operator Crown Resorts Limited may have violated its license con...

South Korean casino posts improved first-half gaming revenues

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator New Silkroad Culturaltainment Limited has reportedly released its interim financial results for the six months to the end of June showing that gaming revenues had increased by 16.2% year-o...

Macau getting new Beijing-backed Chief Executive in Ho Iat Seng

Adam Morgan

August 26, 2019

Latest Casino and Gambling News, Gaming Industry News, Licenses, Macau

In Macau and local businessman Ho Iat Seng (pictured) has reportedly been selected to replace the outgoing Fernando Chui Sai On and serve as the former Portuguese enclave’s third ever Chief Executive. Accord...

Melco International Development Limited opens C2 Ayia Napa in Cyprus

Adam Morgan

July 16, 2019

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

In Cyprus and casino operator Melco International Development Limited has reportedly expanded its chain of Cyprus Casinos (C2) ‘satellite’ venues by debuting a small facility in the southern resort city of Ayia...

Suncity Group’s prospects of winning a Macau casino license possibly injured

Adam Morgan

July 12, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Licenses, Online Gambling News, Macau

Recent allegations that Asian junket operator Suncity Group has been illegally offering ‘proxy’ online gaming services may have seriously hurt the firm’s prospects at obtaining a land-based casino license in Ma...

Melco Resorts and Entertainment (Philippines) Corporation being de-listed

Adam Morgan

June 10, 2019

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

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it will be de-listing its Melco Resorts and Entertainment (Philippines) Corporation subordinate from...

Delay on Japanese casino policies may hinder Osaka opening target

Adam Morgan

June 5, 2019

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

The city of Osaka in Japan has reportedly been warned that it may not be able to fully open its envisioned integrated casino resort in time for the start of World Expo 2025 owing to the federal government’s slo...

Osaka officially reveals identities of five casino operator candidates

Adam Morgan

June 5, 2019

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

Officials in the Japanese city of Osaka have officially revealed the identities of five of the seven entities that are participating in the process to select a future operator for the giant city’s envisioned in...

Melco Resorts and Entertainment Limited’s Australian acquisition facing delays

Adam Morgan

June 4, 2019

Casino Sales, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

In Australia and industry sources have reportedly detailed that it could take over a year for Asian casino operator, Melco Resorts and Entertainment Limited, to complete its planned acquisition of a significant...

Australian acquisition for Melco Resorts and Entertainment Limited

Adam Morgan

May 31, 2019

Casino Sales, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Asian casino operator, Melco Resorts and Entertainment Limite, has reportedly announced the signing of a deal worth almost $1.22 billion that is to see it acquire a significant stake in Australian counterpart C...