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Sega Sammy Holdings Incorporated prepared to spend big in Japan

June 15, 2021

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

In Japan and gaming conglomerate Sega Sammy Holdings Incorporated has reportedly announced that it is now prepared to spend up to $1.09 billion in order to bring an integrated casino resort to the city of Yokoh...

Las Vegas Sands Corporation facing $12 billion lawsuit in Macau

Adam Morgan

June 9, 2021

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

In Macau and Las Vegas Sands Corporation is reportedly facing a $12 billion lawsuit over allegations tied to its receipt of a casino license in the world’s biggest gambling hub some two decades ago. Accordin...

Seoul casino closure possibility for Grand Korea Leisure Company Limited

Adam Morgan

May 26, 2021

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

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly been hit by news that the impressive 680-room Seoul hotel housing one of its Seven Luck-branded venues may soon be dem...

Da Nang integrated casino resort possibility on the cards in Vietnam

Adam Morgan

April 7, 2021

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

In Vietnam and local conglomerate Imex Pan Pacific Group is reportedly partnering with a number of foreign investors including one-time Las Vegas Sands Corporation senior executive William Weidner in hopes of b...

Sri Lanka looking to bring a casino resort to Colombo Port City development

Adam Morgan

March 30, 2021

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

In Sri Lanka and officials could soon reportedly begin formulating new legislation that would allow the country’s under-construction Colombo Port City development to feature at least one large casino resort. ...

Enrique Razon facing another Solaire Resort and Casino lawsuit

Adam Morgan

March 30, 2021

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Philippines

In the United States and the billionaire Chairman of Asian casino operator Bloomberry Resorts Corporation is reportedly facing a federal lawsuit over the cancellation of a deal that was to have seen Global Gami...

Genting Malaysia Berhad boss helping to bail out Genting Hong Kong Limited

Adam Morgan

March 25, 2021

Latest Casino and Gambling News, Casino News, Casino Cruise Ships, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships

The Chairman and Chief Executive Officer for Asian casino giant Genting Malaysia Berhad has reportedly purchased a substantial stake in a luxury yacht enterprise as part of an effort to help save his own firm’s...

Genting Hong Kong Limited looking to completely divest from Macau

Adam Morgan

January 29, 2021

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

The Genting Hong Kong Limited cruise ship subsidiary of Asian casino giant Genting Malaysia Berhad has reportedly announced that it will likely look to sell off the remaining interest it holds in a subordinate ...

Genting Malaysia Berhad posts encouraging third-quarter results

Adam Morgan

November 27, 2020

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

Asian casino operator Genting Malaysia Berhad has reportedly recorded a loss of $178.43 million for the three months to the end of September as it continues to slowly recover from the impacts of the coronavirus...

Las Vegas Sands Corporation said to be considering American exit

Adam Morgan

October 27, 2020

Casino Sales, Latest Casino and Gambling News, U.S.A., Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

Giant casino operator Las Vegas Sands Corporation has reportedly held preliminary discussions about the possibility of exiting the United States altogether by offloading its three properties in Las Vegas. Ac...

Optimistic fourth-quarter prediction for Genting Malaysia Berhad

Adam Morgan

September 18, 2020

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

Asian casino operator Genting Malaysia Berhad is reportedly set to see its business prospects improve beginning from the fourth quarter although its various subsidiaries could face a much longer road to complet...

Las Vegas Sands Corporation abandons Japanese casino effort

Adam Morgan

May 13, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses

American casino behemoth Las Vegas Sands Corporation has reportedly given up on its campaign to secure one of the coming trio of licenses to build and operate an integrated casino resort in Japan. According ...

Sands China Limited details coronavirus financial consequences

Adam Morgan

April 23, 2020

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

In Macau and the Sands China Limited subsidiary of American casino giant Las Vegas Sands Corporation has released its unaudited first-quarter financial results showing that it experienced a decline of 65.1% yea...

Casino resorts in Singapore to remain closed through June 1st

Sadonna Price

April 22, 2020

Latest Casino and Gambling News, Singapore

The Marina Bay Sands and Resorts World Sentosa of Singapore have announced they will remain closed until June 1st due to Covid-19. The extended closure is in effect to help slow the spread of the virus. The ori...

Credit rating concerns for Las Vegas Sands Corporation

Adam Morgan

March 19, 2020

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

International credit ratings firm Moody’s Investors Service Incorporated has reportedly announced that it is currently considering whether to lower its financial assessment for American casino giant Las Vegas S...