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Imperial Pacific International has laid off more than 100 of its casino workers at its property on Saipan.
Bobby Soper, the newly appointed international president at Mohegan Sun, talks to Asia Gaming Brief about the group’s vision for its resort in Incheon, South Korea and aspirations for a license in Nagasaki, Japan. He says the group’s entertainment-focused, non-gaming model will help to cushion Mohegan from the notorious volatility in South Korea’s foreigner-only casino market.
Jeju Dream Tower is one step closer to getting a casino after the local council approved its request to transfer an existing license to the new property.
The South Korean government is moving forward with a plan to extend state-backed casino resort Kangwon Land operating license for a further twenty years to 2045.
Hard Rock International said it has acquired the casino premise license from The Ritz Club in London, UK. This transaction will allow Hard Rock to seek out and establish a new casino premise in London, continuing Hard Rock’s expansion into major gateway cities around the world.
Private-equity company Blackstone, which bought a 10 percent stake in Crown Resorts earlier this year, may prove to be a suitable buyer for the company that may need to change its ownership to retain its casino license, Reuters' Breakingviews argues.
Giving its side of the story in a trial into its suitability to run a casino in Sydney, counsel for Crown Resorts said its "honest" mistakes with regards to China didn't mean it was unsuitable to hold a casino license.
Malaysian billionaire Lim Kok Thay's long-held ambition to own a casino in Macau may be fading again after Genting Hong Kong revealed its cash woes have forced the sale of part of a luxury hotel project there.
Crown Resorts director Andrew Demetriou has claimed the company is ready to open and run its Sydney casino in defiance of the governance and probity questions raised at the NSW inquiry into the casino giant.
After spending most of this year in denial or else paralyzed by the crisis of the Covid-19 pandemic, the Japanese central government has finally made a credible decision about its IR development plans, which is to push back the timeline by nine months.