Thursday, October 24, 2019

Elaine Wynn loses boardroom battle

Elaine Wynn, the second-biggest shareholder in Wynn Resorts, has lost her battle for a seat on the board after failing to win over a...

Century Properties applies for HK arbitration in Okada case

Century Properties Group said it has made a request for arbitration with the Hong Kong International Arbitration Center over a legal dispute with Japanese...

Landing taps investors for $831m, in part for Jeju project

Landing International is seeking to raise $6.44 billion ($831 million) net through a rights issue, in part to fund the next stage in the...

Summit Ascent close to completing Russia resort

Summit Ascent Holdings, backed by Melco International CEO Lawrence Ho, said it has nearly completed construction on its integrated resort in Primorye, Russia. “The construction of...

MGM National Harbor releases report on local community participation

MGM National Harbor, a subsidiary of MGM Resorts International, has released its first quarterly report on its Maryland resort to the oversight committee monitoring...

Sands, MGM among winners of TTG Awards

Sands, MGM, the Grand Hyatt and Sheraton received awards of excellence for their properties in Macau at this year’s Eighth Annual TTG China Travel...

Cambodian law to put the brakes on Bavet

Gaming operators looking for an easy way to set up a casino and cash-in on the thousands of Vietnamese eager for a flutter, could see its luck change as Cambodia introduces new gaming legislation.

Sterne Agee cuts LVS price target after weak results

Sterne Agee has cut its price target on Las Vegas Sands after the company posted weaker-than-expected Q1 results. Analyst David Bain said Macau margins in...
Venetian Macau

LVS 15Q1 earnings miss forecasts as Macau revenue slumps

Las Vegas Sands reported weaker-than-expected Q1 profit and revenue, pulled down by a slump in its Macau gaming operations. Group net revenue for the first...

Pacific power deal sparks little interest

A deal to power a Pacific island casino project between Imperial Pacific International and a Hong Kong-listed energy company has failed to get investors...

TRENDING ARTICLES

Resorts World Catskills

Genting U.S. expansion raises eyebrows

Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

Kamakura City Council rejects anti-IR resolution

On Friday, the Kamakura City Council rejected a draft resolution that would have denounced moves by neighboring governments to engage in IR bids. The...

Mobile iGaming

Founded in 2012, eBET is considered Asia's first leading supplier of mobile iGaming.  The company’s mission is to design intuitive and interactive live gaming experiences...

Aristocrat and Warner Bros. to launch Crazy Rich Asians slot game

Aristocrat, in partnership with Warner Bros. Consumer Products, will premiere the new Crazy Rich Asians Slot Game at next week’s Global Gaming Expo in...

Malaysia budget ups gambling penalties

Malaysian Finance Minister Lim Guan Eng has introduced stiffer penalties for illegal gambling in the country’s annual budget.