Macau Louis XIII prepares for 2016 summer launch Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 11, 2015 0The boutique casino hotel, Macau Louis XIII, is currently under construction with Louis XIII Holdings Ltd reporting the construction is...
James Packer bumps ownership in Crown Resorts to 53.1 percent Lars Jones AustraliaCasino NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships November 11, 2015 0After a peak price of $18 per share in January 2014, James Packer scooped up 18 million shares in his...
Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again Renee Kingsley ChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau November 11, 2015 0Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a...
MGM Cotai celebrates topping off ceremony Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 10, 2015 0The MGM Cotai project of MGM China is moving along nicely with the company recently celebrating the topping off of...
CFA wants Las Vegas Sands Corp and billionaire Sheldon Adelson to be investigated Renee Kingsley Las VegasMoney LaunderingUnlicensed OperationAsian Casino NewsMacauConspiracyCrimeRacketeeringBribery November 9, 2015 0Update 11-26-2015: CfA retracts public comments and allegations, issues apology. Sheldon Adelson, billionaire and chairman of the Las Vegas Sands...
Megaworld and Travellers collaborate to launch billion dollar project in Manila Renee Kingsley Casino openingsChinaNew HotelsCasino project updatesAsian Casino NewsMacauPhilippines November 6, 2015 0The Philippines continues to be an attractive destination for gambling firms to open new casinos as the government has continued...
Britain to return corrupt Macau official’s stolen fortune Renee Kingsley Money LaunderingAsian Casino NewsMacauTax EvasionConspiracyCrimeRacketeeringBriberyFinancial Fraud November 5, 2015 0Ao Man Long was elected as Macau’s first Secretary for Transport and Public Works back in 2004 and was on...
SJM Holdings profit drops 81% as VIPs continue to avoid Macau Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 4, 2015 0SJM Holdings saw its profit fall for 81% as VIP gamblers still avoid the former gambling heaven for high rollers....
Macau casino revenue extends fall despite more holiday arrivals Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 3, 2015 0Macau casino revenue fell for the 17th month in a row in October. Nevertheless, this decline has been less bad...
Union Gaming confirms that Macau transit visa rules will be relaxed Renee Kingsley Gaming Law & LegislationGaming Industry NewsLicensesAsian Casino NewsMacau November 3, 2015 0Macau’s casinos have been patiently waiting for well over a year for the government to show some sign of relaxing...
Junket association happy with tighter regulations imposed by Macau government Renee Kingsley Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud November 2, 2015 0Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...
James Packer’s Crown Resorts puts down $100 million for stake in Nobu Renee Kingsley AustraliaCasino openingsCasino expansion projectsEconomy/FinanceAsian Casino NewsMacauOceania Casino NewsMergers, Acquisitions & Partnerships October 30, 2015 0Aussie billionaire James Packer and his Crown Resorts have been in the limelight for the last week as the Melco...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...
Wynn Macau faces probe by Macau authorities due to smoking violations Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & Litigation October 28, 2015 0Macau, once a gambling paradise and a haven for casino establishments has tightened a number of regulations in the last...
Mohegan Tribal Gaming’s President Soper interviews with Korea’s Yonhap News Agency D. Graham Latest Casino and Gambling NewsTribal GamingCasino proposalsWorld Casino NewsCasino project updatesMacauSouth Korea October 28, 2015 0Yonhap News Agency, tasked with promoting Korea’s image and dispatching news and information to international media organizations, has recently released...