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United States and China trade dispute negatively impacting Asian economies

September 11, 2019

Latest Casino and Gambling News, Economy/Finance, Macau, Asian Casino News, Philippines, Singapore, South Korea

Global credit ratings firm Fitch Ratings Incorporated has reportedly declared that the economies of several Asian nations with casino gambling are being weakened due to the ‘softening global demand and uncertai...

Mixed August financials for Paradise Company Limited

Adam Morgan

September 4, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it experienced a 36.1% increase year-on-year in aggregated gross gaming revenues to ...

South Korean casino posts improved first-half gaming revenues

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator New Silkroad Culturaltainment Limited has reportedly released its interim financial results for the six months to the end of June showing that gaming revenues had increased by 16.2% year-o...

Paradise Company Limited records mixed July financial results

Adam Morgan

August 6, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for July showing that it experienced a 19.1% increase year-on-year in aggregated gross gaming revenues to ap...

Mohegan Gaming and Entertainment not worried by likely Japanese competition

Adam Morgan

July 18, 2019

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

The possible opening within the next decade of a trio of Japanese integrated casino resorts will reportedly not damage the future prospects of the coming $1.6 billion Project Inspire venue Mohegan Gaming and En...

Mohegan Gaming and Entertainment making progress in South Korea

Adam Morgan

May 10, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Licenses, Mergers, Acquisitions & Partnerships, South Korea

The boss for American tribal casino operator, Mohegan Gaming and Entertainment, has reportedly declared that his firm has obtained ‘all necessary construction permits and approvals’ for the first phase of its e...

Operator announces revised opening date for Jeju Dream Tower

Adam Morgan

March 21, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, South Korea

In South Korea, the firm behind the under-construction Jeju Dream Tower integrated casino resort has reportedly announced that it is now hoping to have completed all work on the coming $606.6 million developmen...

Chinese firm granted Jeju casino resort approval

Adam Morgan

March 18, 2019

Casino News, Latest Casino and Gambling News, Casino proposals, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Chinese real estate developer, New Silkroad Culturaltainment Limited, has announced that the governor for the South Korean island province of Jeju has given one of its subsidiaries formal permission to begin de...

South Korea to consider raising minimum casino player age

Adam Morgan

March 11, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, The Players Lounge, South Korea

In South Korea, legislation has reportedly been introduced that would raise the current minimum age for all players wishing to enjoy the delights of the nation’s many casinos by a further two years to 21. Mu...

Three-year prison term for former South Korean casino boss

Adam Morgan

January 10, 2019

Latest Casino and Gambling News, Employment & Careers, Crime, South Korea

In South Korea, the former Chief Executive Officer for domestic casino operator, Kangwon Land Incorporated, has reportedly been sentenced to serve a three-year prison term after being found guilty of conducting...

S. Korea’s GKL casino sales for Nov up 15 percent

Kim M

December 10, 2018

Latest Casino and Gambling News, Casino News, Economy/Finance, South Korea

Strong November sales were posted by South Korean casino operator, Grand Korea Leisure Co Ltd (114090:Korea SE), the firm announced on Friday. According to GGRAsia... The Seoul-headquartered firm reported...

Mohegan Gaming and Entertainment inks Project Inspire partnership

Adam Morgan

December 7, 2018

Casino News, Latest Casino and Gambling News, Casino project updates, Mergers, Acquisitions & Partnerships, South Korea

Mohegan Gaming and Entertainment has announced the signing of a ‘strategic partnership’ with Paramount Pictures Corporation that is to see a theme park added to the integrated casino resort it is planning to bu...

Paradise City to welcome Wonderbox development next year

Adam Morgan

November 3, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, South Korea

Japanese pachinko operator Sega Sammy Holdings Incorporated has reportedly announced that the first half of next year will see it inaugurate the Wonderbox indoor family entertainment venue at its Paradise City ...

Disappointing August for Paradise Company Limited

Adam Morgan

September 4, 2018

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it had experienced a 2% decline year-on-year in aggregated revenues to around $46.1 ...

South Korean casino operator launches rights offering

Adam Morgan

August 3, 2018

Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Less than a week after signing a deal to purchase the Paradise Casino Jeju Lotte from fellow South Korean casino operator, Paradise Company Limited, Lotte Tour Development Company Limited has now reportedly ann...

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United States and China trade dispute negatively impacting Asian economies

Mixed August financials for Paradise Company Limited

South Korean casino posts improved first-half gaming revenues

Paradise Company Limited records mixed July financial results

Mohegan Gaming and Entertainment not worried by likely Japanese competition

Mohegan Gaming and Entertainment making progress in South Korea

Operator announces revised opening date for Jeju Dream Tower

Chinese firm granted Jeju casino resort approval

South Korea to consider raising minimum casino player age

Three-year prison term for former South Korean casino boss

S. Korea’s GKL casino sales for Nov up 15 percent

Mohegan Gaming and Entertainment inks Project Inspire partnership

Paradise City to welcome Wonderbox development next year

Disappointing August for Paradise Company Limited

South Korean casino operator launches rights offering

Kalshi Under Increasing Legal Scrutiny for Sports Prediction Markets

Trump Stands to Gain $115M If Bally’s Secures Bronx Casino License

Star Entertainment Group Faces Critical Financial Hurdles as Refinancing Plans Unravel

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