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Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Radosav Milutinovic
Casino Destinations, Casino proposals, Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, Gaming Industry News, Hong Kong, Casino project updates, Economy/Finance, Asian Casino News, Financial Press Releases, Russia
Asian casino operator Summit Ascent Holdings announced a $200 million expansion of its Russian-integrated resort Tigre de Cristal earlier. Last year, the COVID-19 pandemic and the Russian invasion of Ukraine po...

SPAC Company 26 Capital Initiates Legal Action Against Okada Manila Subsidiaries for Failure to Accurately Fulfill Merger Obligations

Marija Malenovic
Casino News, U.S.A., Latest Casino and Gambling News, Casino Destinations, World Casino News, North America Casino News, Casinos of the Philippines, Hong Kong, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines
On Thursday, February 2, 26 Capital Acquisition Corp., one of the US-based special purpose acquisition company (SPAC) and the most distant parent company of Okada Manila, filed legal action in a Delaware Court ...

Macau gaming revenue bounces to $1.43 billion in January to reflect pre-pandemic levels

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, China, World Casino News, Casino reviews from Macau, Hong Kong, Gaming Industry News, Asian Casino News, Macau
Macau’s casino gross gaming revenue in January 2023 amounted to MOP$11.58 billion (US$1.43 billion), which is the highest gaming revenue level achieved in the region since January 2020. 233% above December 2...

Travel restrictions ahead of Chinese New Year impact Chinese gambling destinations

Radosav Milutinovic
Casino News, Casino Destinations, Latest Casino and Gambling News, China, Casino reviews from Macau, World Casino News, Gaming Industry News, Hong Kong, Casinos of the Philippines, Japan, Macau, Online Gambling News, Asian Casino News, Malaysia, Philippines, Singapore, South Korea, Vietnam
Beijing states that various countries are ''taking discriminatory entry restriction measures targeting China” after the country saw a rapid decline in COVID-19 cases and opened up to foreign countries. Chinese ...

Emperor Entertainment Hotel signs deal to take over management of Macau’s satellite casino Grand Emperor

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, New Hotels, Casino reviews from Macau, Hong Kong, Gaming Industry News, Game manufacturers, Economy/Finance, Licenses, Macau, Asian Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Financial Press Releases
After a six-month period of direct administration by Macau gaming licensee, SJM Resorts Ltd., a subsidiary of Hong Kong-based SJM Holdings Ltd., Emperor Entertainment Hotel's subsidiary, Tin Hou Ltd. based in H...

Macau introduces casino play zones for foreign players, offers up to 5% tax relief for attracting overseas customers

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Taiwan, Casino reviews from Macau, World Casino News, China, Gaming Industry News, Hong Kong, Economy/Finance, The Players Lounge, Taxation, Online Gambling News, Macau, Asian Casino News
Following the recent announcement of Macau’s authorities that this Chinese Administrative Region would be gradually opening up for visitors from abroad and from mainland China,  Macau is to create distinct zone...

Wynn Macau leads increase in Macau casino stocks following new licenses announcement

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, New Hotels, World Casino News, Online gambling regulation, Hong Kong, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Asian Casino News, Macau, Licensing
Wynn Macau led an improvement of Macau gaming stocks on Monday, November 28th in Hong Kong, following the city's government announcement over the weekend that its six current casino operators will acquire new l...

Landing International’s Chairman Yang Zhihui suspended following legal proceedings against him by Hong Kong regulator

Marija Malenovic
Latest Casino and Gambling News, World Casino News, China, Hong Kong, Gaming Industry News, Online Gambling News, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Financial Fraud, South Korea
Landing International Development Ltd., an innovative operator based in South Korea, has officially announced that it has suspended its chairman and Chief Executive Officer, Yang Zhihui, due to legal proceeding...

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Adam Morgan
Casino News, Latest Casino and Gambling News, Casino expansion projects, Casino project updates, Hong Kong, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships
The Chairman for International Entertainment Corporation, Stanley Choi Chiu Fai (pictured), has reportedly just pocketed approximately $3.38 million by selling a 4.8% stake in the hotel and leisure operator to ...