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Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino

October 21, 2016

Latest Casino and Gambling News, China, Economy/Finance

As it looks to develop a casino on South Korea’s Jeju Island, Hong Kong-listed New Silkroad Culturaltainment Limited is hoping to raise at least $188.96 million via a proposed share subscription offer to existi...

Situation deepens for detained Crown Resorts Limited employees

Adam Morgan

October 20, 2016

Latest Casino and Gambling News, China, Gaming Industry News, Crime

The case against the 18 employees of Crown Resorts Limited detained over the weekend just got worse as Chinese police have reportedly obtained communications that document the movement of millions of dollars of...

Crown Resorts Limited previously warned to stop enticing Chinese VIP gamblers

Adam Morgan

October 19, 2016

Latest Casino and Gambling News, China, Gaming Industry News, Crime

Australian casino operator Crown Resorts Limited was reportedly warned by Chinese law enforcement officials last summer to stop all of its efforts at trying to attract high-roller gamblers from the mainland to ...

Arrests of Crown employees in China set Macau and other gaming stocks adrift

Sadonna Price

October 18, 2016

Latest Casino and Gambling News, China, Gaming Industry News, Crime

Over the weekend, it was made known that 18 employees of Crown Resorts Ltd were detained by the authorities of China. Included in the detentions were three Australians accused of trying and lure gamblers in Ch...

Taiwan President promises to do more for Penghu Island after residents vote against legalization of casinos

Renee Kingsley

October 16, 2016

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

The vote to legalize casinos on Penghu, one of Taiwan’s outlying islands, was held on October 15 and close to 40 percent of the locals turned out to vote. The Penghu Election Commission released the results of ...

Chinese authorities arrest 18 Crown Resort employees for alleged gambling recruitment activities

Renee Kingsley

October 16, 2016

Latest Casino and Gambling News, Australia, China, Illegal Bookmaking, Macau

Authorities in China have arrested 18 Crown Resort employees and are questioning them in regards to their involvement in illegal gambling related activities. Gambling is banned in Mainland China with the except...

Ahead of Saturday referendum Taiwan President says casinos not needed in Penghu

Renee Kingsley

October 14, 2016

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

Penghu, one of the outlying islands in Taiwan is expected to vote on October 15 on a referendum that could allow the development of casino resorts on the island. While gambling is forbidden in Taiwan, the gover...

Las Vegas Sands Corp case against VIP Chinese gamblers reveals possible loopholes

Renee Kingsley

October 4, 2016

Las Vegas, Latest Casino and Gambling News, China, Money Laundering, Fines, Lawsuits & Litigation, Nevada

The Las Vegas Sands Corp is trying to recover $6.4 million in gambling debts from two VIP Chinese gamblers who blew millions in just a couple of days playing baccarat – a game that is very popular with Chinese ...

Casino opponents host demonstration in Taipei urging voters to reject Taiwan casino referendum

Sadonna Price

September 27, 2016

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

A referendum will be on the ballot this October asking Penghu voters whether or not casinos should be allowed in the country. On Monday, several individuals held a demonstration outside the Legislative Yuan in ...

Tickets go on sale for direct flights from Beijing to Las Vegas

Renee Kingsley

September 21, 2016

Latest Casino and Gambling News, Las Vegas, China, Nevada

The tourism department in Nevada has worked hard for the last twenty years to open a direct route from China to Las Vegas but it was only last week that the U.S. Department of Transportation approved nonstop fl...

U.S DOT officially approves direct flights from Beijing to Las Vegas

Kim M

September 13, 2016

Latest Casino and Gambling News, Las Vegas, China

Las Vegas Convention and Visitors Authority (LVCVA) said that on Monday, the U.S. Department of Transportation approved Hainan Airlines’ application to launch the first-ever nonstop flights from Beijing to Las ...

Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016

Renee Kingsley

September 2, 2016

Latest Casino and Gambling News, China, India, Singapore

The tourism industry in Singapore has shown signs of a recovery during the first half of 2016, thanks to an influx of visitors from Mainland China. The Singapore Tourism Board (STB) recently released data which...

Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone

Martin Chua

August 27, 2016

Latest Casino and Gambling News, China, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far failed China venture, according to a Bloomberg report. Reuters reported this week that the ride hai...

Casino referendum for Taiwan island to be held on Oct 15

Kim M

August 25, 2016

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

After having discussed the possibility of approving a casino in either one of the outlying island chains of Penghu for a number of years, following a county election committee decision on Monday, a referendum a...

Bahamian Government backs decision over liquidation of the Baha Mar Casino after former Prime Minister levels criticism

Renee Kingsley

July 31, 2016

Latest Casino and Gambling News, China, Casino project updates, Bahamas, Economy/Finance, Caribbean Casino News, Bankruptcy, Fines, Lawsuits & Litigation

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The Baha Mar Casino and Hotel was the biggest integrated casino resort to be developed in Nassau, Bahamas at an estimated $3.5 billion. The casino resort was initially scheduled to open in 2014 and generate tho...

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Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino

Situation deepens for detained Crown Resorts Limited employees

Crown Resorts Limited previously warned to stop enticing Chinese VIP gamblers

Arrests of Crown employees in China set Macau and other gaming stocks adrift

Taiwan President promises to do more for Penghu Island after residents vote against legalization of casinos

Chinese authorities arrest 18 Crown Resort employees for alleged gambling recruitment activities

Ahead of Saturday referendum Taiwan President says casinos not needed in Penghu

Las Vegas Sands Corp case against VIP Chinese gamblers reveals possible loopholes

Casino opponents host demonstration in Taipei urging voters to reject Taiwan casino referendum

Tickets go on sale for direct flights from Beijing to Las Vegas

U.S DOT officially approves direct flights from Beijing to Las Vegas

Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016

Casino referendum for Taiwan island to be held on Oct 15

Bahamian Government backs decision over liquidation of the Baha Mar Casino after former Prime Minister levels criticism

Thai PM Asserts Responsible Gambling Vision for Casino-Led Resorts

Chinabank Prepares to Offload Emerald Bay Casino Site in Cebu

NBA Presses CFTC for Oversight as Prediction Markets Expand Rapidly

2025 Kentucky Derby Sees Record Turnout, Bets, and Viewership

Bally’s Chicago Casino Work Stalled Amid Mob-Tied Vendor Probe