Tuesday, March 19, 2019

Big Lifestyle forms marketing accord for Silk Road casino project

Big Lifestyle and Development (Seychelles) said it will act as the exclusive sales and marketing partner for a new casino resort being built in...

S&P rates Studio City BB- and “stable”

Standard & Poor's Ratings Services said that its rating and outlook on Studio City Co. Ltd. is BB- and “stable” due to the resort...

MGM China grants share options to CEO, others

MGM China said its board has offered to grant options to subscribe to just over 12.9 million shares to CEO Grant Bowie and “certain...

Galaxy completes first major four-month management development program

Galaxy Entertainment Group completed in May the first major part of its new four-month “Accelerated Development Program,” aimed at training and promoting team members...

Macau finance secretary dismisses smoking room appeal

Macau’s junket association appears to be running out of luck in appealing the impending smoking ban after the Secretary for Economy and Finance, Lionel...

Table cap outdated with industry’s growth says economist

The Macau government’s table cap is a measure that is outdated with the industry’s current growth and evolution, a Macau economist told local news. In...

Japanese company eyes resort on Russky Island

One of Japan's largest residential development companies, Iida Group Holdings, is prepared to invest between $380 million and $450 million in a new resort...

U.S. Treasury has right to regulate CNMI casinos

The U.S. Department of the Treasury has the right to regulate casinos in the Commonwealth of Northern Mariana Islands under authority granted by the...

ASF working with Queensland on new casino bid

The ASF Consortium, whose plan to build a mega-casino on Wavebreak Island on Australia’s Gold Coast was suspended in April, is in talks with...
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Iao Kun May rolling chip volume plunges 57 percent

Iao Kun Group Holding, which operates VIP room gaming promoters, in Macau, said May rolling chip volume plunged 57 percent. Unaudited rolling chip turnover was...

TRENDING ARTICLES

Public ‘trust and confidence’ will determine the success of integrated resorts

Carter Group CEO Dominic Carter has warned newcomers to the Japanese market that the fate of their brand is on a knife edge even...

Rich Goldman doubles profit in 18H2

Macau junket investor Rich Goldman Holdings saw its underlying profit almost double in the second half of 2018, despite terminating two gaming promotion agreements...

Duterte fires Alexander Balutan for corruption

President Rodrigo Duterte on Friday dismissed Alexander Balutan, general manager of the Philippine Charity Sweepstakes Office (PCSO) for corruption, local media reports. The termination was...

Macau registered problem gamblers falls to record low

The number of people reporting gambling problems fell to a record low in Macau in 2018, according to the Central Registry of People with...

Sands mulls joint IR bid with Osaka firms: Tanasijevich

Las Vegas Sands Managing Director for Global Development George Tanasijevich said the operator was in talks with several companies in the Osaka region about the possibility of making a “joint bid” for the Yumeshima IR.