Friday, January 18, 2019

Nagacorp eyes Buddhist land, confrontation looms

In Cambodia, the country’s casino owner NagaCorp may be heading for a confrontation with militant Buddhist monks over the company’s plans to develop a...

Unforeseen delays for Summit Primorye

Summit Ascent Holdings says the construction of its Primorye project in the Russian Federation has been delayed “due to unforeseen obstacles” and the opening...

Alliance Global announces Manila expansion plans

Alliance Global Group Inc. (AGI) the listed vehicle of billionaire entrepreneur Andrew Tan, plans to complete the first phase of recently acquired Resorts World...

Macau labor protesters questioned by police

The dispute between workers and the casinos in Macau is heating up with union leaders now claiming intimidation after being questioned by police and...

Wynn Resorts gets Boston casino

Wynn Resorts has won a battle to build a $1.6 billion casino and entertainment resort in the state of Massachusetts, the third casino license...

Nagacorp eyes ties with N. Asia junkets

Nagacorp said it’s eyeing the North Asian market and seeks to build new junket ties with the region to grow and diversify its revenue...

Macau junket investor in for $3 billion casino in Saipan

An investor in one of Macau's largest junket operators plans to spend $3 billion in casino resort complex in the western Pacific island of...

China Star grants $26m loan to Macau junket company

China Star Entertainment said it has agreed on a HK$200 million ($26 million) two-year loan to a Macau junket company buying itself time to...

Junkets under strain, Daiwa says

Macau’s small and mid-sized junket operators may be feeling the strain as liquidity tightens, Japanese investment bank Daiwa Securities was cited as saying. Six VIP...

Junkets diversifying, following client trends

Macau’s junket operators, which bring in the majority of China’s big spending gambling into the territory’s casinos, are increasingly diversified business groups, with their...

TRENDING ARTICLES

Macau GGR gains 14 percent in 2018, Dec. beats forecasts

Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

Leading clients to Asia

BBIN is heading to London for the third time in 2019 for ICE 2019, celebrating its 20th year of brand establishment. At ICE, BBIN...

Formation of SUZOHAPP Digital

SUZOHAPP, a leading technology company that provides software and hardware for cash handling automation and self-service solutions worldwide, recently announced plans to form a...

Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

Sega Sammy releases Genesis Slant cabinet

SEGA SAMMY CREATION INC. today announced the release of their new slant-type gaming machine “Genesis Slant”, a cabinet available for both slot games and...