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Hotel Okura Expands To Resorts World Manila In 2018
One of Japan's biggest hotel chains, Hotel Okura is planning to open a hotel in Resorts World Manila in 2018. Okura Manila is meant to be a 380-room hotel and will have several luxurious features. Travellers International Hotel Group Inc.,
Read MoreFormer Chinese Contractor For Baha Mar Resorts Being Sued
The Baha Mar Gaming Resort in the Bahamas finally opened under new ownership in April after years of delays. However trouble continues to surround the controversial Baha Mar project after BML Properties Ltd., the original people behind the Baha Mar
Read MoreMGM Resorts Expecting Cash Inflow Increase In 2018
MGM Resorts has invested heavily over the past years into expansion and upgrades for both domestic and international casino properties. Most of these expansion projects are expected to be completed in 2018 and MGM Resorts is expected to get a
Read MoreKangwon Land To Be Hit By S. Korean Revenue Cap: JP Morgan
International brokerage firm JP Morgan Chase & Co. recently released a report stating that Kangwon Land Inc, will face further constrained annual growth in its casino gross gaming revenue (GGR). Kangwon Land casino is the only authorized casino operator in
Read MoreWynn Resorts To Buy Site Of Crown Resort’s Failed Alon Las Vegas
Australian based casino operator Crown Resorts had grand plans to enter the Las Vegas market with the launch of its Alon Las Vegas casino resort which was supposed to be built on 38 acres of land. The site was located
Read MoreUKGC Report Shows Online Gambling Has Increased By 10 pct
The latest annual report released by the UK Gambling Commission (UKGC) shows that the online gambling industry in the UK has continued to go from strength to strength. The UKGC report showed a robust increase in the gross gambling yield
Read MoreGalaxy Ent Confirms Investment Plans for Boracay Casino
Galaxy Entertainment Group, a Macau based casino operator, has confirmed plans to open a casino resort in the Philippines. Galaxy Entertainment has also confirmed that the investment will be done in partnership with a Philippine based company known as Leisure
Read MoreMGM Resorts Wants Legislators To Approve Casino In Bridgeport
MGM Resorts is pushing through with their $675-million casino proposal in Bridgeport, Connecticut. MGM Resorts International CEO James Murren visited Connecticut this week and Murren sat in front of the Bridgeport Regional Business Council. Murren called on the legislation to
Read MoreMacau Not Doing Enough To Investigate Money Laundering
A mutual evaluation report on anti-money laundering and counter-terrorist financing measures in Macau was published last week and the findings show that the authorities have not done enough to crack down on money laundering convictions. The report was jointly completed
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