Tagged VIP gaming

Suncity Group refutes Macau ‘proxy’ online gaming allegations

July 10, 2019

Latest Casino and Gambling News, Online gambling regulation, Licenses, Online Gambling News, Macau

Representatives from Asian junket operator, Suncity Group, have reportedly been questioned by officials from Macau’s Gaming Inspection and Coordination Bureau regulator over claims that the firm may be offering...

Philippines casino market predicted to outpace competition

Adam Morgan

May 14, 2019

Latest Casino and Gambling News, Economy/Finance, Philippines

New research from financial services firm Morgan Stanley Asia Limited has reportedly determined that the casino market in the Philippines is ‘growing faster’ than the analogous sectors of Macau, Las Vegas and S...

Melco Resorts and Entertainment Limited initiates job reduction scheme

Adam Morgan

May 13, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Employment & Careers, Macau

In an attempt to help shield itself from an anticipated drop-off in Macau’s future VIP gaming market, Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly initiated a scheme that is of...

New smoking rules come into effect in Macau

Adam Morgan

January 2, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Macau

In Macau, new rules have reportedly come into force that prohibit patrons from smoking tobacco anywhere on a casino floor except in designated airtight ‘lounges’ that must be approved by authorities in line wit...

JinMen8 in-house VIP gaming lounge opening at Galaxy Macau

Adam Morgan

September 26, 2018

Latest Casino and Gambling News, Casino News, Casino expansion projects, Macau

In Macau, Asian casino giant, Galaxy Entertainment Group Limited, has reportedly announced that it has spent approximately $37.3 million in order to bring the new JinMen8 in-house VIP gaming lounge to the 50th ...

New high limit area opens at Resorts World Catskills

Sadonna Price

April 14, 2018

Latest Casino and Gambling News, New York

After opening their brand new 5,000 square foot poker room in March, Resorts World Catskills has now announced the grand opening of a new high limit area. Located on the third floor of the facility, the latest ...

Junket operator David Group abandoning The Macau Roosevelt

Adam Morgan

October 26, 2017

Latest Casino and Gambling News, Macau, Mergers, Acquisitions & Partnerships

In Macau, local junket operator David Group has reportedly announced that it will be ceasing its ten-table VIP operation for the recently-opened casino inside The Macau Roosevelt hotel from next week. Accord...

New standards for smoking lounges announced by Macau government

Sadonna Price

September 26, 2017

Latest Casino and Gambling News, Macau

In July this year, the Legislative Assembly approved a new regime in regards to public smoking. On Monday, the government of Macau announced the details of the newly-amended Regime on Tobacco Prevention and Con...

Macau junkets audit expected by August

Lars Jones

May 17, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Money Laundering, Macau

Some of the 40 VIP gambling promoters accounts that have been reviewed by Macau's casino regulator so far have proved to have faults, but the severity of the issue is not clear yet. Macau’s Gaming Inspection...

Tobacco Control Office considers new standards for smoking in Macau

Sadonna Price

February 20, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Macau, Labor Relations

Smoking has been a hot topic of debate in Macau for several years now with new standards currently under consideration. In October 2014, the smoking of cigarettes was banned in Macau on the gaming floors with e...

Sky City NZ revenue offsets Australia VIP turnover drop

Alex Lanter

February 13, 2017

Latest Casino and Gambling News, Australia, New Zealand, Economy/Finance, Financial Press Releases

The Sky City Casino in Auckland had impressive profits in the first half to December, overshadowing the operator’s Australian properties, according to a financial report from Sky City Entertainment Group. The A...

Lucky Dragon Casino to begin renovations for VIP area

Sadonna Price

February 11, 2017

Latest Casino and Gambling News, Casino expansion projects, Nevada

After opening in November of last year, the Lucky Dragon Casino is already making plans to renovate the property. Operators of the gaming venue announced this week that they plan on renovating space for VIP gue...

Tigre de Cristal to experience VIP growth over next two years

Sadonna Price

December 12, 2016

Latest Casino and Gambling News, Casino expansion projects, Economy/Finance, Russia

In late June, the Tigre de Cristal decided to work with two fixed room junket operators. Since that time, the VIP gaming sector has seen significant growth, based on information from the interim report of the c...

Studio City’s in-house VIP gaming room to open November 5, junkets from Nov 8

K Morrison

November 2, 2016

Latest Casino and Gambling News, Casino expansion projects, Macau

Melco Crown Entertainment Ltd. (MPEL:US) will begin VIP gaming operations on November 5 at the $3.2 billion Studio City, for which in 2011, the casino operator acquired a 60 percent interest. In an email rep...

Analyst says nearby construction hurting Studio City’s opening momentum

K Morrison

April 20, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued disruptions going on next to the property. While the U.S.-based brokerage said it still believes tha...