Summit Ascent Expects Net Loss for Full 2023; Reports an Impairment Loss of US$56m Marija Malenovic Latest Casino and Gambling News April 1, 2024 0It was recently reported that Summit Ascent Holdings Ltd., a subsidiary of LET Group Holdings Ltd., commented that it projects...
XSGames Looking to Expand in Europe through Acquisition of Palasino Holdings’ Shares Radosav Milutinovic Austria March 26, 2024 0Following the 2022 US market entry, the Taiwanese gaming and investment company XSGames is working to expand its slot machine...
Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok Radosav Milutinovic Casino Sales February 23, 2024 0The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt....
Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10% Radosav Milutinovic Reviews from the Cotai Strip February 14, 2024 0Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased...
Tigre de Cristal Casino Resort’s Operator Considered for a $116 Million Sale Radosav Milutinovic Casino Sales January 11, 2024 0Oriental Regent Ltd, a vertical of the Hong Kong-listed Summit Ascent Holdings Ltd, is to sell its gaming and hotel...
Macau Reaches 121,000 Daily Average in Tourist Arrivals During Christmas Holidays Radosav Milutinovic Casino News December 26, 2023 0As expected by the Macau gaming and travel stakeholders, the Christmas season has brought a strong visitor activity to the...
Far East Consortium International Ltd. Receives Approval To Spin-Off And List Palasino Holdings Marija Malenovic Latest Casino and Gambling News September 29, 2023 0Far East Consortium International Ltd. (FEC), a flagship global real estate developer based in Hong Kong, revealed that it has...
International Entertainment To Invest $1Billion In New Coast Hotel Manila Expansion Radosav Milutinovic Latest Casino and Gambling News September 28, 2023 0Hong Kong-listed leisure enterprise International Entertainment Corp will reportedly invest between US$1.0 billion and US$1.2 billion into the development and...
Oh Luen’s Sales Manager Pleaded Guilty in Wynn Macau Bribery Case Vanja Mitic Latest Casino and Gambling News September 12, 2023 0After the bribery case in Hong Kong was revealed in May last year, the sales manager who has been charged...
Top Gambling Hub in the World Now! Radosav Milutinovic Casino News August 23, 2023 0In the first half of 2023, Macau’s gross gambling revenue reached almost $10 billion bringing the region a lucrative title...
SJM Holdings Experiences 241% Year-Over-Year GGR Growth Marija Malenovic Latest Casino and Gambling News August 22, 2023 0SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of...
OKBet Unexpectedly Halts Operations; Shuts Down Every VIP Room In Philippines Marija Malenovic Latest Casino and Gambling News August 17, 2023 0OKBet Infinity Inc, a flagship online gaming and junket operator, has halted its operations along and shut down its VIP...
Galaxy Entertainment To Open Andaz Macau Next Month Marija Malenovic Latest Casino and Gambling News August 10, 2023 0Galaxy Entertainment, the parent company of Galaxy Casino S.A., has revealed that it will officially open its newest hotel, Andaz...
Hong Kong’s Billionaire Cheng Family Takes Over the Hoiana Casino Resort in Vietnam Radosav Milutinovic Latest Casino and Gambling News July 21, 2023 0After the imprisonment of the Suncity Group CEO Alvin Chau, the control of the Hoiana casino resort in Vietnam has...
Success Universe Group To Renovate Floating Casino Macau Palace In Its Future Expansion Marija Malenovic Latest Casino and Gambling News June 12, 2023 0Success Universe Group, the investor and operator of Macau’s Ponte 16 casino, revealed on June 9th that it’s currently in...