Tuesday, July 23, 2019

Sri Lanka’s John Keells to move ahead with resort despite casino ban

John Keells Holdings plans to move ahead with an $850 million resort project in the Sri Lankan capital Colombo despite a ban on casinos...

Macau gaming students visit Nevada

A group of students from the Macau Polytechnic Institute-Gaming Teaching and Research Center are on a study tour at the University of Nevada in...

Macau casino stocks gain as CS points to “green shoots”

Shares in Macau casino operators gained Thursday following a Credit Suisse analysis of the breakdown of May gambling revenue that pointed to “some green...

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Table cap outdated with industry’s growth says economist

The Macau government’s table cap is a measure that is outdated with the industry’s current growth and evolution, a Macau economist told local news.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

TRENDING ARTICLES

Meg-Star opens VIP poker room at Macau Roosevelt

Meg-Star has launched its watch-themed Poker VIP Club at the Macau Roosevelt, named “Poker Time”. The VIP poker room is said to be the...

New Zealand updates national strategy to tackle gambling harm

The New Zealand government has promised NZ$60 million (US$40.4 million) in funding over the next three years aimed at tackling problem gambling, particularly in...

Melco, MGM announce anniversary bonuses

MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.

70 percent of suspicious transactions came from casinos

A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial...

Cambodia casino growth a threat to Genting Malaysia

Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.  In a recent...