Harbinger Capital invests another $50 million into Vietnam’s Ho Tram Strip Renee Kingsley Casino NewsCasino expansion projectsEconomy/FinanceAsian Casino NewsVietnam November 12, 2015 0Vietnam’s casino industry has blossomed over the last couple of years as the government continues to encourage foreign investment in...
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...
Jeju Sun Casino operations suspended one month Lars Jones Latest Casino and Gambling NewsCasino closuresTaxationFines, Lawsuits & LitigationSouth Korea November 11, 2015 0Bloomberry’s Jeju Sun Hotel and Casino has been ordered to suspend gaming operations at its South Korean operations for one month beginning...
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...
PAGCOR reports totals for nine months of gaming; earnings up almost 19% Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines November 4, 2015 0PAGCOR is the Philippine state-owned gaming operator and regulator who, after nine months of operations in 2015, has seen a...
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...
Casino opportunity on the horizon in outlying islands of Taiwan Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationTaiwan November 3, 2015 0According to reports from Taiwan, the residents of the outlying islands may have the opportunity to vote again on if...
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...