MGM Cotai to continue as scheduled without delays Sadonna Price Latest Casino and Gambling News August 20, 2015 0Grant Bowie, the Chief Executive Officer of MGM China, has confirmed that the new project of MGM in Cotai is...
Galaxy profits fall 66% on turndown and poor luck Alex Lanter Latest Casino and Gambling News August 20, 2015 0Galaxy Entertainment Group reported a dramatic fall of revenues by 66% in the first half of 2015. The Macau casino...
The Boulevard at Studio City announces partners for mega-mall Sadonna Price Latest Casino and Gambling News August 19, 2015 0Studio City is a casino resort that will open this October in Macau, after having a cost of $3.2 billion...
Billionaire James Packer’s Crown credit profile under pressure D. Graham Latest Casino and Gambling News August 18, 2015 0Between the recent increase in cost to insure Crown Resort’s notes, rising net debt, widening spread of credit default swaps,...
Macau Casino Jai Alai may reopen mid 2016 Alex Lanter Latest Casino and Gambling News August 18, 2015 0SJM Holdings Limited, a casino gaming company based in Macau, is hoping to reopen the renewed Casino Jai Alai situated...
More than 60 VIP club workers laid off in Macau since December seek assistance Sadonna Price Latest Casino and Gambling News August 17, 2015 0Since December, the Labour Affairs Bureau of Macau has received 61 applications for employment aid by employees who were recently...
PAGCOR approves new casino to replace historic Manila Army and Navy Club Renee Kingsley Gaming Law & Legislation August 17, 2015 0The casino industry in the Philippines has been growing at a rapid pace as the ruling government wants to encourage...
Union Gaming says Nepal might become the next Macau Alex Lanter Latest Casino and Gambling News August 17, 2015 0Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing....
Macau casino operator SJM Holdings profit falls more than half Alex Lanter Latest Casino and Gambling News August 13, 2015 0Macau casino operator SJM Holdings reported huge losses of more than 50% year-on-year in the first half of 2015. The...
James Packer resigns as Crown Resorts Chairman, assumes Senior Executive directorship D. Graham Latest Casino and Gambling News August 13, 2015 0Crown Resorts Limited, Australia, has announced that billionaire James Packer, Crown’s largest shareholder, has stepped down as Chairman. Mr. Packer...
Beijing launches operation Chain Break to crack down on casino promoters Sam Mitchell Latest Casino and Gambling News August 12, 2015 0August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote...
Studio City default contingency plan based on table allocations Lars Jones Casino project updates August 12, 2015 0In April it was widely reported that Melco Crown Entertainment (60% owner of Studio City International Holdings Ltd) could find...
Macau Health Bureau already prosecuted 240+ illegal smokers in casinos this year Sadonna Price Latest Casino and Gambling News August 11, 2015 0With a smoking ban in place, the Health Bureau of Macau has been very busy this year prosecuting illegal smokers,...
Stagnant gaming business means layoffs for City Of Dreams Manila Kim M Latest Casino and Gambling News August 10, 2015 0After celebrating the “Grand Launch” of its new integrated casino resort in February of this year, the $1.3 billion City...
Studio City Mass Market Focus on Table Allotment Sam Mitchell Latest Casino and Gambling News August 10, 2015 0August 10, 2015—Lawrence Ho, CEO of Melco Crown, stated Studio City’s strategy is dependent on the amount of gaming tables...