Higher costs continue Bloomberry slide in second quarter Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsPhilippines August 17, 2015 0Bloomberry Resorts Corp reported a net loss for the second quarter of 2015, just like it did for the first...
Union Gaming says Nepal might become the next Macau Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsMacauNepal August 17, 2015 0Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing....
Tinian Dynasty closes casino operation Lars Jones Casino closuresMergers, Acquisitions & PartnershipsLabor RelationsNorthern Mariana Islands August 16, 2015 0Tinian Mayor JP San Nicolas announced in a press release today that Tinian Dynasty Hotel & Casino was closing its...
Genting Hong Kong subsidiary agrees to sell shares of Norwegian Cruise Line Holdings Alex Lanter Latest Casino and Gambling NewsCasino Cruise ShipsWorld Casino NewsAsian Casino News August 14, 2015 0Genting Hong Kong subsidiary Star NCLC has conditionally agreed to sell 4.36% or 10 million shares of Norwegian Cruise Line...
Subsidiary of China LotSynergy wins bid for sports lottery complex in Guangdong Sam Mitchell Latest Casino and Gambling NewsChinaLottery August 13, 2015 0China LotSynergy Holdings Limited’s Board of Directors announce the approval of their subsidiary’s, Guangzhou Lottnal Terminal Company Ltd, bid for...
Cambodian casino operator NagaCorp reports net profit growth of 49% Alex Lanter Latest Casino and Gambling NewsCambodiaEconomy/FinanceAsian Casino News August 13, 2015 0As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem....
Macau casino operator SJM Holdings profit falls more than half Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau 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...
Indian authorities accuse Hawala operator of financing casinos in Goa Renee Kingsley Casino NewsIndiaMoney LaunderingAsian Casino NewsBriberyFinancial Fraud August 13, 2015 0Raychand Soni was arrested by Indian authorities earlier this week as he was accused of being a key ‘hawala operator’...
James Packer resigns as Crown Resorts Chairman, assumes Senior Executive directorship D. Graham Latest Casino and Gambling NewsAustraliaWorld Casino NewsGaming Industry NewsCasino project updatesMacauSpainNevada August 13, 2015 0Crown Resorts Limited, Australia, has announced that billionaire James Packer, Crown’s largest shareholder, has stepped down as Chairman. Mr. Packer...
Japan casino bill scuttled indefinitely this session Kim M Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsJapan August 12, 2015 0At Prime Minister Shinzo Abe’s urging, Japan’s Liberal Democratic Party (LDP) indefinitely shelved a bill that would legalize casinos in...
Beijing launches operation Chain Break to crack down on casino promoters Sam Mitchell Latest Casino and Gambling NewsChinaMacauPhilippinesSouth Korea 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 updatesEconomy/FinanceLicensesMacau 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 NewsMacau 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 NewsWorld Casino NewsEconomy/FinanceMacauPhilippines 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 NewsCasino openingsMacau 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...