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Tracinda Corporation selling all of its stake in MGM Resorts International

February 15, 2017

Casino News, Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships

Private investments firm Tracinda Corporation has revealed that it will be selling the around 16% stake it holds in American casino giant MGM Resorts International to Swiss investment bank UBS for approximately...

Genting Singapore adopting a “wait and see approach” to Japan

Adam Morgan

September 22, 2016

Latest Casino and Gambling News, Economy/Finance, Japan

Global casino operator Genting Singapore looks likely to keep its upcoming annual dividend payments at the same level as 2015 as it awaits more clarity on the future likelihood of a resort casino development in...

Wynn net income drops; Shining light in future

K Morrison

August 1, 2015

Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, Asian Casino News, Macau

According to analysts, although Wynn Resort’s second quarter numbers have taken a hit, the announcement of a solid opening date for Wynn Palace on the Cotai Strip brightens the picture. This years second qua...