Las Vegas Sands willing to invest over $6 Billion in South Korea if government amends gambling laws Renee Kingsley Gaming Law & LegislationCasino proposalsSouth Korea May 15, 2015 0South Korea is on its way to becoming the second most important gambling hub in Asia with Macau being the...
Chinese authorities catch and prosecute 2nd most wanted man in China Renee Kingsley ChinaMoney LaunderingMacauFinancial FraudSingapore May 15, 2015 0Beijing has targeted Macau’s casino industry because it’s been reported to be a hotbed for corruption, money laundering and racketeering....
Hard Rock International Shows Support For Nepal Lars Jones Casino NewsNepal May 14, 2015 0ORLANDO, Fla., May 14, 2015 /PRNewswire/ — Hard Rock International is joining forces with the American Red Cross to support...
Gaming revenue dips; Macau govt surplus down 54.8% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 14, 2015 0On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone...
Two venues opening soon in Macau, table allocation not determined Sam Mitchell Latest Casino and Gambling NewsCasino NewsCasino project updatesLicensesMacau May 14, 2015 0Galaxy Entertainment Group in Macau is set to open two greatly anticipated properties in just a couple of weeks. However, this could...
Deutsche Bank says Macau mass gamblers do not bring in as much revenue as VIP gamblers Renee Kingsley Economy/FinanceMacau May 14, 2015 0Beijing’s anti-corruption campaign against VIP gamblers in Macau over an extended period of time has been successful as these VIP...
Singapore Minister says no new licenses for gaming Sam Mitchell Latest Casino and Gambling NewsCasino NewsLicensesSingapore May 13, 2015 0Singapore’s Senior Minister of State for Trade and Industry Lee Yi Shyan told media there will be no new casino...
Beijing pushes for economic diversification in Macau in order to limit Western financial control Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsMacau May 13, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...
Caesars money laundering charges–up to $20 million fine possible Lars Jones U.S.A.Money LaunderingMacauFines, Lawsuits & Litigation May 12, 2015 0Caesars Entertainment Corp. said in a quarterly Securities and Exchange Commission filing yesterday that they are in discussions with the Financial...
Tinian casino opening 12 years out–constant progress Lars Jones Latest Casino and Gambling NewsCasino NewsCasino project updatesMacauNorthern Mariana Islands May 12, 2015 0Gambling expansion in the paradisaical Commonwealth of the Northern Mariana Islands continues with several projects in the works. Macau-based Alter...
Tiger Resorts fails to meet construction deadline in the Philippines–forfeits $2.2 million Renee Kingsley Latest Casino and Gambling NewsCasino NewsCasino project updatesLicensesPhilippines May 12, 2015 0When Tiger Resorts Leisure and Entertainment Inc decided to open up a mega casino in the Philippines it promised the...
Casinos in Nepal back in business after quick recovery from devastating earthquake Renee Kingsley Casino openingsCasino closuresNepal May 12, 2015 0Nepal is very small country that is extremely popular with tourists due to attractions such as the Himalayan Mountains and particularly, Mount...
Land deal for Saipan casino project inked by Best Sunshine Sam Mitchell Latest Casino and Gambling NewsCasino project updatesSaipan May 11, 2015 0Best Sunshine International and the Saipan Department of Public Lands have signed a lease agreement for a parcel of land...
Cambodia authorities launch crackdown on illegal gambling establishments Lars Jones CambodiaUnlicensed Operation May 11, 2015 0There’s a new cop in town, and provincial chief Chhoun Narin is cracking down on illegal gambling. Cambodia has dozens of...
NagaCorp charges Chinese co. $40 million negotiation fee Lars Jones Latest Casino and Gambling NewsCambodiaCasino NewsGame manufacturers May 10, 2015 0CMC Phnom Penh Import Export Co Ltd (CMC) will reportedly tender a $40 million non-refundable negotiation fee to NagaCorp Ltd...