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Hanhong bets on Kazakhstan with mammoth IR project

Beijing's Hanhong Private Equity Management is taking bets on Kazakhstan's central Asian location and fast-growing economy to lure tourists to a multi-billion dollar casino resort and eco-city project in Tengri, near Almaty. The 1st stage of the resort project will cover up to 1 million square metres, with a total investment of $7 billion. If all goes to plan, the resort will open in late 2017, with plans for a further five stages over ten years that will include the construction of a new eco-city designed for up to 400,000 people. 

MGM Resorts proposes $1 billion gambling complex in Atlanta

MGM Resorts has proposed to build a $1 billion gambling complex in Downtown Atlanta as a bill moves through the Georgia State Legislature, according...

MGM Resorts to sell 50 percent interest in Silver Legacy Casino Reno

Eldorado Resorts and MGM Resorts International announced that they have entered into an agreement for Eldorado to acquire MGM’s 50 percent interest in the...

Hikaru “Terry” Izawa appointed president of JCM Global

JCM Global CEO Yojiro Kamihigashi has appointed long-time JCM leader Hikaru “Terry” Izawa as President of JCM Global, pending any necessary regulatory approvals. Izawa...

TLCBET sponsors Premier League club West Brom

Asian facing betting brand TLCBET has secured its first football shirt sponsorship with Premier League side West Bromwich Albion – a record sponsorship deal...

Frissora becomes CEO of Caesars

Caesars Entertainment Corp announced that Mark Frissora has taken the role of president and CEO, effective July 1. Frissora, who also joined the board in...

Betsson to acquire Georgia-based Europe-Bet for $85 m

Swedish firm Betsson has struck a deal to acquire Georgia-based, privately owned gaming operator, Europe-Bet for a total purchase consideration of $85 million. Under the...

Ukrainian PM backs casinos

Ukrainian Prime Minister Arseniy Yatsenyuk said he is in favor of legalizing casinos in a bid to increase state revenues and fund cultural activities,...

MGM looks to delay opening Massachusetts casino by a Year

MGM wants to delay the opening of its planned resort casino in western Massachusetts by a year because of a major highway project taking...

Vegas May Revenues Up 1.4 percent

Las Vegas Strip gaming revenues in May rose 1.4 percent year-on-year, weighted down by baccarat which faced tough year-on-year comps and was down 36...

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Locally focused expertise

Gaming Laboratories International’s (GLI) Australia is excited to demonstrate how success is achieved with GLI’s suite of testing, certification, and professional products and services. Attendees...
City of Dreams Manila

Belle Corp revenue from CoD up 9 percent

Belle Corp said revenue fell 7 percent in the first half as gains from its share of revenue in City of Dreams Manila (CoD) failed to outweigh a decline in revenue at a unit that leases online betting equipment.

Sportradar and Riot Games ink integrity partnership

Sportradar, the global leader in analyzing and leveraging the power of sports data has announced an integrity services partnership with video game developer and...
Nagasaki

Nagasaki aims for fast and fair IR consortium selection

The Nagasaki Prefectural Government, which claims to be in discussions with about twenty companies interested in forming or joining an IR consortium, is reportedly...

Goa collected Rs 411 crore in FY18

Goa’s government collected around Rs 411 crore (US$53.8 million) in revenue from casinos in the 2018 financial year, according to Goa Chief Minister Pramod...