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Macau Casino Market Stabilizing According To Sheldon Adelson
Sheldon Adelson, Chairman of casino giant Las Vegas Sands Corporation has said that mass market segment is driving a revival in Macau’s casino industry which has been battling a prolonged slump in revenues for over two years now. His remarks
Read MoreMGM’s Borgata Casino Purchase Signals Atlantic City Turnaround
Spectrum Gaming Group managing director Michael J. Pollock says that the proposed deal involving the sale of Boyd Gaming’s 50 percent stake in the Borgata Hotel Casino & Spa to its partner MGM for $900 million is an indication that
Read MoreLegal Battle Over Savan Vegas Casino In Laos Continues
Laos Holdings, the parent company of Sanum Investments, the former owner of the Savan Vegas Hotel in Savannakhet, Laos continues its legal battle against the San Marco Capital Partners who have sold the Savan Vegas to a Macau based gambling
Read MoreTwin River Launches Social Media Campaign To Build Support
As a part of its marketing campaign to swing public support for building a new casino in the city of Tiverton, Rhode Island , the Twin River Management Group has released a series of Twitter videos that have been designed
Read MoreFlorida Gambling Operators Oppose Proposed Card Game Changes
Several gambling operators in Florida are joining hands to challenge the State’s Department of Business and Professional Regulation’s proposal to repeal a law governing designated player games or banked card games. The regulation governing these games was launched in 2012
Read MoreTsongo Sun Holdings Expands Casino Operations
South Africa’s largest hospitality company and casino operator Tsogo Sun Holdings has expanded its gaming facilities across the country to put itself in a position to take advantage of an upswing in the country’s gaming market whenever it occurs. Chief
Read MoreLas Vegas Convention Center Renovation Plan Gets Approval
The Southern Nevada Tourism Infrastructure Committee has approved the proposal for funding the expansion and renovation of the Las Vegas Convention Center and has ordered a supervisory panel for overseeing the project. The $1.4 billion renovation plan has been in
Read MoreMassive Renovation Planned For Las Vegas Casino Palace Station
A massive makeover is being planned for Palace Station casino in Las Vegas which is owned by Red Rock Resorts Inc, formerly known as Station Casinos. The casino which is located outside the Las Vegas Strip is mostly popular with
Read MoreMacau Casino Stocks Expected To See Short Term Summer Rally
Analysts are expecting to see a revival in Macau’s casino stocks in the summer months after a prolonged slump. The gross gaming revenue in June fell by 8.5% to MOP15.88 billion (US$1.99 billion) which was the lowest ever recorded since
Read MoreAC’s Former Showboat Casino Prepares For New Launch In July
The Showboat casino-hotel shutdown in 2014 as it was unable to make a profit and since then the property has been sold to Stockton University who planned to develop a new campus on the property. That plan fell through due
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