Consolidation helps results at Melco International Development Limited Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 2, 2016 0Macau casino operator Melco International Development Limited has released its interim consolidated financial results for the six months to the...
Tigre De Cristal principal posts six-month profit Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceRussia September 2, 2016 0The company behind the Tigre De Cristal casino resort in Russia’s Primorsky Krai region, Summit Ascent Holdings Limited, has released...
NagaCorp Ltd announces sale of placing shares to create TSCLK Complex Sadonna Price Latest Casino and Gambling NewsCambodiaCasino expansion projectsCasino project updates September 2, 2016 0NagaCorp Ltd, a HKEx listed casino firm based in Malaysia with operations in Cambodia and elsewhere, has announced they will be...
Macau casino operator completes takeover of Laos property Adam Morgan LaosLatest Casino and Gambling NewsMergers, Acquisitions & Partnerships September 2, 2016 0Hong Kong-listed casino operator Macau Legend Development Limited has announced that it has now assumed complete management and operational responsibilities...
Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016 Renee Kingsley Latest Casino and Gambling NewsChinaIndiaSingapore September 2, 2016 0The tourism industry in Singapore has shown signs of a recovery during the first half of 2016, thanks to an...
Delta Corp to acquire India’s biggest online poker website – Adda52.com Renee Kingsley Latest Casino and Gambling NewsOnline PokerIndiaMergers, Acquisitions & Partnerships September 2, 2016 0Delta Corp Ltd is the biggest hospitality and gaming enterprise in India, operating some of Goa’s most popular onshore and...
Macau breaks 26 month streak on Wynn Palace opening, overall mass improvement Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 1, 2016 0After a 4.5 percent decrease in July, Macau has finally broken a losing trend beginning after May 2014. According to data...
Delta Corp stock soars to all time high Kim M Latest Casino and Gambling NewsIndiaEconomy/Finance August 31, 2016 0As it continues its upward rise, Delta Corp Ltd. (NSE: DELTACORP), the largest gaming and hospitality firm in India, stock...
Cambodian government conducts audit on NagaWorld casino after finding discrepancies in tax filings Renee Kingsley Latest Casino and Gambling NewsCambodiaTaxationFines, Lawsuits & Litigation August 31, 2016 0The NagaWorld casino in Phnom Penh is the biggest casino in the region and has had great success in both...
Duterte’s heavy hand reaching into the past to shake down Entertainment City operators Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines August 31, 2016 0Four casinos at Entertainment City have been ordered by the Philippine Amusement and Gaming Corp. to restore a license fee...
Commission finds five PAGCOR officials liable for lease of non-existent property Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationPhilippines August 30, 2016 0Cristino L. Naguiat Jr., former chief executive of Philippine Amusement and Gaming Corporation (PAGCOR), along with five PAGCOR officers, have...
Genting posts strong second quarter results due to UK gaming and Malaysia operations Renee Kingsley Latest Casino and Gambling NewsMalaysiaFinancial Press ReleasesSingapore August 30, 2016 0Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose...
Macau Jockey Club losses potentially unlawful; Plans for profitability Martin Chua Latest Casino and Gambling NewsHorse RacingEconomy/FinanceMacauFines, Lawsuits & Litigation August 29, 2016 0The Macau Jockey Club (MJC) registered a loss of MOP88 million (US$11 million) for the last fiscal year, continuing to eat...
PAGCOR casinos to be sold by government Kim M Latest Casino and Gambling NewsLicensesMergers, Acquisitions & PartnershipsPhilippines August 29, 2016 0In order to raise money to support the P3.4-trillion national budget for 2017, Philippine Amusement and Gaming Corp.’s (PAGCOR) casinos...
Mactan Leisure City to break ground in Philippines January 2017 Lars Jones Latest Casino and Gambling NewsCasino proposalsEconomy/FinancePhilippines August 27, 2016 0Mactan Leisure City, to be located in Lapu-Lapu City, just off Cebu, is scheduled to break ground in January, according...