Melco Resorts And Entertainment Limited

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

May 26, 2020

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

One of the key men responsible for transforming Macau into the world’s premiere casino hotspot, Stanley Ho Hung Sun (pictured), reportedly passed away at a Hong Kong hospital early this morning at the age of 98...

City of Dreams Mediterranean construction work resumes

Adam Morgan

May 8, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Cyprus, Economy/Finance, Licenses

In Cyprus and casino operator Melco International Development Limited has reportedly announced that it has renewed building work on its coming City of Dreams Mediterranean development following the lifting of l...

SJM Holdings Limited ramping up Grand Lisboa Palace preparations

Adam Morgan

May 6, 2020

Latest Casino and Gambling News, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Macau

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it will be moving approximately 1,000 employees from its iconic Casino Grand Lisboa to work in its soon-to-open Grand Lisboa...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

Construction begins on second phase of Studio City Macau

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent casino operator Melco International Development Limited has reportedly announced that it has begun building the second stage of its giant Studio City Macau venue. According to a report...

Financial troubles continue for firm behind Macau’s The 13 hotel

Adam Morgan

April 7, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and one of the companies behind the luxury The 13 hotel has reportedly applied for a ‘standstill’ order so as to prevent its bank from calling in a loan worth just over $319.9 million and potentially l...

Wakayama Prefecture initiates RFP stage of casino plan

Adam Morgan

March 30, 2020

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

In Japan and the government for Wakayama Prefecture has reportedly launched the request for proposal (RFP) stage of its plan to secure one of the nation’s coming trio of licenses to build and operate an integra...

Coronavirus fears continue to send casino share prices plummeting

Adam Morgan

March 20, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

Ongoing anxieties concerning the global coronavirus pandemic have recently sent stock prices falling around the world while yesterday reportedly saw the value of shares in Macau’s six licensed casino operators ...

Cyprus latest to close its casinos amid coronavirus concerns

Adam Morgan

March 18, 2020

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

Cyprus has reportedly become the latest nation to order its casino industry to temporarily shut down so as to help stop the spread of a potentially-deadly coronavirus strain that has so far been contracted by 4...

Melco Resorts and Entertainment Limited suffers Australian defeat

Adam Morgan

March 12, 2020

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Australia and the Attorney General for New South Wales, Mark Speakman, has reportedly won his legal appeal to force casino operator Melco Resorts and Entertainment Limited to hand over a selection of confide...

Wakayama Prefecture launches harm mitigation public consultation

Adam Morgan

March 11, 2020

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

In Japan and the government for Wakayama Prefecture has reportedly launched a public consultation period regarding measures it is proposing to introduce in order to help prevent locals from developing a gamblin...

Yokohama takes next step towards realizing casino resort aspiration

Adam Morgan

March 9, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

In Japan and Friday reportedly saw the city of Yokohama publish its draft implementation policy as it continues with a plan that could ultimately see it selected as a host for one of the nation’s coming trio of...

Wynn Macau Limited raising junket commission rate to 42.5%

Adam Morgan

March 4, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it pays Macau’s many junket operators so as to recover from the downturn in bus...

Crown Resorts Limited examination being temporarily suspended

Adam Morgan

February 27, 2020

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

In Australia and the official inquiry into local casino operator Crown Resorts Limited will reportedly be temporarily suspended from tomorrow in order to accommodate a legal appeal lodged by the Attorney Genera...

Crown Resorts Limited investigation gets underway in New South Wales

Adam Morgan

February 24, 2020

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

In Australia and the gaming regulator for New South Wales has reportedly launched the first of five public hearings into allegations that local casino operator Crown Resorts Limited may have utilized unscrupulo...