Tagged south korea

NayonLanding land lease deal ‘cancelled’ by government

September 3, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines, a spokesperson for President, Rodrigo Duterte, has reportedly declared that the government has ‘cancelled’ the 25-year land lease agreement one of its bodies earlier signed with casino opera...

South Korean firm considering Russian casino development

Adam Morgan

August 24, 2018

Latest Casino and Gambling News, Casino proposals, Casino News, Mergers, Acquisitions & Partnerships, Russia

In Russia, a South Korean firm has reportedly held negotiations with the state-owned Primorsky Krai Development Corporation about the possibility of bringing a $263.6 million development to the casino-friendly ...

Landing International Development Limited shares plummet

Adam Morgan

August 24, 2018

Casino Sales, Latest Casino and Gambling News, Hong Kong, Economy/Finance, Crime, Financial Fraud

Shares in casino operator, Landing International Development Limited, have reportedly plunged amid news that the firm’s Chairman, Yang Zhihui (pictured), may have been arrested as part of an investigation into ...

NayonLanding land lease deal to be officially investigated

Adam Morgan

August 10, 2018

Latest Casino and Gambling News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines, the Department of Justice has reportedly ordered the nation’s Office of the Government Corporate Counsel to investigate the 25-year land lease deal earlier agreed with Landing International ...

NayonLanding project under threat in the Philippines

Adam Morgan

August 8, 2018

Latest Casino and Gambling News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines, President Rodrigo Duterte (pictured) has reportedly ordered a review into the deal that gave Chinese real estate firm, Landing International Development Limited, a 25-year lease on just over...

Theme park provision for Philippines’ coming NayonLanding

Adam Morgan

July 27, 2018

Latest Casino and Gambling News, New Hotels, Casino project updates, Licenses, Philippines

The Philippine Amusement and Gaming Corporation regulator has reportedly declared that Chinese real estate firm Landing International Development Limited will be required to open the theme park element of its N...

Provisional license for fifth Entertainment City integrated casino resort

Adam Morgan

July 26, 2018

Latest Casino and Gambling News, New Hotels, Casino project updates, Licenses, Philippines

Chinese real estate firm, Landing International Development Limited, has announced that one of its subsidiaries has been granted a provisional gaming license for the new integrated casino resort it is planning ...

Macau records 8% rise in half-year tourist numbers

Adam Morgan

July 24, 2018

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

The first six months of 2018 reportedly saw Macau record an 8% increase year-on-year in the number of tourists visiting its shores to just over 16.8 million while the tally for June alone rose by 9.4% to about ...

Ontario casinos heading for American stewardship

Adam Morgan

July 17, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, Ontario, Licenses

In Canada, it looks like the future operators of Casino Niagara and the nearby Niagara Fallsview Casino Resort are set to be American after local casino firms Great Canadian Gaming Corporation and Gateway Casin...

Suncity Group Holdings Limited focused on transformation

Adam Morgan

June 13, 2018

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

A senior executive for prominent junket operator, Suncity Group Holdings Limited, has reportedly reiterated his firm’s desire to begin running casinos across Asia including in the Philippines, South Korea, Myan...

More shares for ‘loyal patrons’ of Solaire Resort and Casino

Adam Morgan

June 11, 2018

Latest Casino and Gambling News, Casino proposals, Casinos of the Philippines, Economy/Finance, Philippines

In the Philippines, the Bloomberry Resorts and Hotels Incorporated subsidiary of casino operator, Bloomberry Resorts Corporation, has announced that it intends to purchase even more shares in its parent in orde...

Bloomberry Resorts Corporation to build its second Philippines casino

Adam Morgan

June 6, 2018

Latest Casino and Gambling News, Casino proposals, Economy/Finance, Philippines

In the Philippines, the operator behind the Solaire Resort and Casino, Bloomberry Resorts Corporation, is reportedly set to begin construction from next summer on a new integrated casino resort for Quezon City ...

Widus Hotel and Casino Clark planning considerable extension

Adam Morgan

June 4, 2018

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

In the Philippines, the Widus Hotel and Casino Clark has reportedly announced that it intends to spend around $500 million in order to further expand its offerings following the planned September completion of ...

Suncity Group investigating bid for Japan casino license

Adam Morgan

May 17, 2018

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

Prominent Asian junket operator Suncity Group has reportedly established a consortium in order to investigate the possibility of bidding for one of the three integrated casino resort licenses that could soon be...

Connecticut tribes joining race for Japanese casino licenses

Adam Morgan

May 17, 2018

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

The federally-recognized Mohegan Tribe and its Mashantucket Pequot Tribal Nation counterpart are reportedly set to join the race for the right to operate one of a trio of integrated casino resorts that could op...