Galaxy to take stake in Monaco casino operator Lars Jones Economy/FinanceMacauMergers, Acquisitions & PartnershipsMonaco July 25, 2015 0Galaxy Entertainment Group Ltd. is taking a 5 percent stake in a Monaco hotel and casinos operator established in 1863....
Recently discovered Sands Macau report notes suspicions of US intelligence activities D. Graham Latest Casino and Gambling NewsU.S.A.Casino NewsWorld Casino NewsGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & LitigationNevada July 23, 2015 0In a recently released report by an investigative team at The Guardian, and originally commissioned by Sands China in 2010 as...
Wide market expected for Tigre de Cristal casino in Russia Kim M Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacauRussia July 22, 2015 0According to Macau Business Daily, Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., hopes the Russian...
Vietnam’s Laguna Resort receives RFC extension till 15th September 2015 Renee Kingsley Casino proposalsCasino NewsCasino expansion projectsCasino project updatesAsian Casino NewsMacauVietnam July 22, 2015 0Vietnam is one country that has benefited greatly from the collapse of Macau’s casino industry. High stake gamblers from Mainland...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
Sands China wins argument to keep private investigator’s report sealed D. Graham Latest Casino and Gambling NewsU.S.A.Las VegasWorld Casino NewsAsian Casino NewsMacauFines, Lawsuits & LitigationNevada July 17, 2015 0Clark County District Court Judge Elizabeth Gonzales has dismissed a request to unseal a report many believe may have information...
Malaysia’s Resorts World Genting could earn immunity from smoking ban Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino expansion projectsAsian Casino NewsMacauMalaysia July 15, 2015 0Malaysia, a pre-dominantly Islamic country, has extremely strict gambling laws and only one casino is permitted to operate in the...
Vingroup plans to construct mega casino resort in Hai Phong, Vietnam Renee Kingsley Casino proposalsCasino openingsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauVietnam July 14, 2015 0Vingroup, one of the largest real estate firms in Vietnam, recently announced that they planned to construct a mega-casino resort...
Coloane has no restrictions for casino construction Sam Mitchell Latest Casino and Gambling NewsMacau July 14, 2015 0On July 14th 2015, Lionel Leong Vai Tac, the Secretary of Economy and Finance in Macau said that in the...
Galaxy Macau opens $4 Million Horizon VIP room for cash players Lars Jones Casino NewsCasino expansion projectsMacau July 10, 2015 0In the face of continued declines in revenue from junket promoted VIP players and a new focus on mass gaming,...
Las Vegas Sands Corp employees to decide on company’s philanthropy program Renee Kingsley U.S.A.Las VegasGaming Industry NewsEmployment & CareersAsian Casino NewsMacauSingaporeNevada July 7, 2015 0The Las Vegas Sands Corp, the biggest gambling company in the world, recently decided to amend its internal policies to...
Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...