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Tak Chun Group inaugurates MGM Cotai junket service

November 1, 2018

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

After launching VIP gambling services for The Plaza Macao and Okada Manila venues earlier in the year, junket operator Tak Chun Group has now reportedly inaugurated a similar venture for the giant MGM Cotai int...

MGM Cotai to begin utilizing junket operators

Adam Morgan

August 22, 2018

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

In Macau, the recently-opened MGM Cotai venue is reportedly going to allow a pair of external junket operators to set up in-house VIP services from next month before bringing in a further trio of such partners ...

Studio City to add VIP gaming rooms

Martin Chua

July 7, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Melco Crown Entertainment Ltd. seems to be set to finally ask permission to open VIP gaming at their previously mass market focused Studio City casino in Macau. Bloomberg, citing anonymous sources as the inform...

Saipan’s Best Sunshine Live tallies $US1.66 billion in rolling for June

Lars Jones

July 4, 2016

Casino News, Economy/Finance, Macau, Northern Mariana Islands, Saipan

In their voluntary monthly filing with the Hong Kong Stock Exchange Saturday, Best Sunshine's parent company Imperial Pacific International Holdings Ltd released un-audited numbers showing the Best Sunshine Liv...

Anatomy of a Beat Down

Mark Pilarski

March 11, 2016

Latest Casino and Gambling News, Deal Me In

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Dear Mark: Terrific column last week, Breaking the Bank, especially the portion on Don Johnson’s take down of three Atlantic City casinos at blackjack. I was, to a certain extent, involved with the circumstance...

Saipan, other CNMI casinos can soon invite junket operators

Lars Jones

January 6, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Saipan, Licenses, Northern Mariana Islands, Saipan

VIPs are already coming to Saipan in large enough numbers for the sole casino there to do over $3 billion in rolling chip business in their first two full months of operations. Now the CNMI Commonwealth Casino ...

VIP room fraud case surfaces at L’Arc Casino hotel

Marie Kelley

January 6, 2016

Latest Casino and Gambling News, Casino News, Macau, Financial Fraud

Located on the Macau peninsula, the L’Arc Casino Hotel is the latest venue to see a case of alleged fraud in the VIP industry of the area. The police force of the city have confirmed that a complaint was receiv...

VIP room opens in Gold Reef

K Morrison

November 29, 2015

Latest Casino and Gambling News, South Africa, Casino News, World Casino News, Gaming Industry News, Casino project updates, African Casino News

The first phase of Tsogo Sun’s Gold Reef City in Ormonde, Johannesburg, South Africa’s R640m refurbishment, has been completed with the opening of a Salle Privé for select VIP players. The new addition inclu...

MGM Cotai plans on focusing on tourist-friendly environment

Marie Kelley

October 6, 2015

Latest Casino and Gambling News, Casino project updates, Macau

MGM Resorts is currently constructing their second casino in Macau. For the MGM Cotai, the company plans on focusing on a tourist-friendly approach rather than on high rollers or career gamblers. The $3 billion...

8 or more Macau VIP gaming rooms close in August

Marie Kelley

September 2, 2015

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

According to Macau Business Daily, a minimum of 8 VIP gaming rooms should be closing, either already having done so in August or soon to be in September. The VIP business of Macau is struggling, leaving junket ...

Macau casinos taking out VIP kidnapping insurance

Marie Kelley

August 31, 2015

Latest Casino and Gambling News, Macau

Casinos in Macau are unfortunately no stranger to crime, and the recent increase in casino-related crimes have resulted in operators taking additional measures for their legal liabilities. Operators of casinos ...

Echo Entertainment Group profit grows more than 50% thanks to Asian VIPs

Alex Lanter

August 12, 2015

Latest Casino and Gambling News, Australia, Economy/Finance, Oceania Casino News

Macau has witnessed a drop in VIP clientele that resulted in significant decline in revenue. However, the Macau struggle has proven to be an opportunity for Australian casinos to shine and take over Asian VIPs....

Macau wishy-washy on smoking ban

Alex Lanter

August 10, 2015

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

Almost a month ago, local media in Macau reported that a possible smoking ban could be implemented in 2016 and result in the loss of thousands of jobs, in the gambling industry. However, the most recent stateme...

Smoking lounges not likely to be allowed for Macau VIPs

Marie Kelley

July 31, 2015

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

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The government of Macau is still standing behind a proposal to see a full smoking ban put in place at all casinos. Alexis Tam Chong Weng, of the Office of the Secretary for Social Affairs and Culture, stated th...

Universal smoking ban could idle thousands of Macau junket workers

Lars Jones

July 4, 2015

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

Local media are reporting that a proposed smoking ban could effect about half of all junket employee's jobs. There are 3,000 to 5,000 junket employees in Macau servicing over 170 VIP gaming promoters. Mr. Kwok ...