Friday, January 24, 2020

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...

U.S. union calls for probe of Macau junket

A U.S. trade union is calling on Macau’s gaming regulator to probe a license granted to a junket room operator, alleging the company has...

Macau junket scandal not hurting VIP business yet

The scandal involving junket operator Kimren doesn’t appear to have had a negative impact on the junket system, based on revenue from the past...

VIP GGR may slow amid junket operator scandals, analysts say

Recent scandals affecting Macau’s junket operators are likely to lead to a further slowdown in VIP gross gambling revenue growth, analysts say. Macau’s junket...

TRENDING ARTICLES

Macau on alert over “pneumonia of unknown origin”

Authorities in Macau have raised the health threat alert to Level III (Serious) in the face of a “pneumonia of unknown origin” arising from Wuhan city in central China.

A celebration of translations

Dani B, the talented Ali G impersonator is back at the ICE at All-in Global’s stand after popular demand.Dani B will be hosting two...

Scientific Games adds to gaming leadership

Scientific Games Corp has announced several new additions to its Gaming leadership team, including Matt Wilson as executive vice president and group chief executive,...

500 suspends lottery operations in Sweden

Chinese lottery service provider 500 dot com, says it has temporarily suspended its operations in Sweden, as it failed to renew its license before...

Philippines to restrict Chinese visa-upon-arrival

The Philippines has decided not to scrap visas-upon-arrivals (VUAs) for Chinese tourists, instead opting for a 30-day VUA without provision for an extension, local...