Monday, February 17, 2020

Russia’s Tigre de Cristal project presented at Eastern Economic Forum

Russia’s much delayed Tigre de Cristal casino complex in the Primorye region in Russia’s far east was presented to delegates at the Eastern Economic...

Amax to raise $2m through share placement

Amax International, a gaming company investor and holder of an almost 30 percent stake in the Greek Mythology Casino in Macau, said it plans...

Ukrainian pro-gambling legislator to speak at Ukrainian Gaming Congress

Gennadiy Krivosheya, a member of the Ukrainian parliament and co-author of a draft law that will legalize gambling in the country, will speak at...

Fitch says gaming outlook in Singapore and Malaysia stable

Fitch Ratings stated that the outlook for the gaming industry in Singapore and Malaysia continues to be stable. This is despite declining visitor arrivals in...

Genting HK has increased voting power in Echo approved

Genting Hong Kong announced that the New South Wales Independent Liquor and Gaming Authority has allowed the company to increase its voting power in...

Diamond Fortune to invest in Vladivostok hotel complex

Russian company Diamond Fortune has announced plans to invest about 900 million dollars in the construction of a hotel and entertainment complex in the...

As gaming industry shifts, staff remain a sound investment

As Macau’s gaming industry sees revenues decrease and high-rollers look to take their money elsewhere, operators have had to shift their focus and resources to capture a bigger slice of the mass market, which includes opening up their non-gaming elements. 

Aquis extends deeds for Yorkeys Knob site

Gaming and real estate development group Aquis confirmed its commitment to the Aquis at the Great Barrier Reef Resort by extending the deeds to...

Filipino senator requests examination of CoD employee suspensions

A Filipino Senator has requested the Senate look into reports that City of Dreams Manila would suspend around 100 workers to cut costs. According to...

SkyCity concludes bookbuild process for bond offer

SkyCity Entertainment Group announced that the bookbuild for its offer of seven year bonds has been successfully concluded.  The company said $125 million has been...

TRENDING ARTICLES

Macau government orders two-week closure of all casinos

Chief Executive Ho Iat Seng has announced that all 41 of the territory’s casinos must be shut for a period of at least two...

MGM only accepted bidder for Osaka IR

The Osaka Prefectural Government released a press statement on Friday regarding the screening of candidates for the Osaka Yumeshima IR. Only one candidate made...

SunCity grants employees special leave during casino closure

Macau junket operator SunCity Group is granting its employees special paid leave during the 15-day closure of casinos in Macau, local media reports. SunCity CEO...

Coronavirus live updates: Too early to know if the peak is near: WHO

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Seven Macau hotels have suspended operations

A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...