Archive
UNLV Report Commissioned By Japan Will Guide IR Framework
The Japanese Government had earlier commissioned researchers at the University of Nevada Las Vegas (UNLV)’s International Gaming Institute and Washington State University to put together research papers that will help guide the Japanese government’s decisions regarding putting together gaming regulations
Read MoreFirst Two Vietnamese Casinos To Welcome Locals Confirmed
The Vietnamese gambling market is all set to expand as two casinos are expected to open their doors to locals following the casino decree passed in January. During a GGRAsia-moderated panel at the recently-concluded MGS Entertainment Show (MGS) in Macau,
Read MoreStars Group Looking To Raise $2.5bn For Mergers & Acquisitions
Stars Group Inc., the company that owns online poker giant PokerStars announced during a third quarter call that the company planned on raising up to $2.5 billion to fund future merger and acquisition ventures and was confident that it would
Read MoreBloomberry Share Value Boost If Successful Solaire Land Bid
Philippines-based Bloomberry Resorts Corporation is poised to increase its value, depending on the results of the bid for acquiring the land rights for the Solaire Resorts & Casino. Last week, the government-run casino operator and regulator, Philippine Amusement and Gaming
Read MoreVietnam Will Begin Local Gambling Trial By From December
Vietnam’s eagerly awaited trial pertaining to allowing the local populace to gamble in casinos will commence from December 1. The Finance Ministry of Vietnam recently issued Circular 102/2017/TT-BTC which adds more details to the government’s Decree 03/2017/ND-CP that became an
Read MoreSKYCITY Considering Potential Sale Of Darwin Casino
SkyCity Entertainment Group, the hotel and casino operator based in New Zealand may have to consider selling their gaming arm at their Darwin hotel and casino resort as part of an attempt to recoup their gambling business. The gambling arm
Read MoreNevada Gaming Commission Approves $850M Sale Of ACEP
Golden Entertainment entered into a definitive agreement in June 2017 to purchase American Casino & Entertainment Properties (ACEP) for an estimated $850 million from parent company Whitehall Street Real Estate Partners which is a real estate equity fund that is
Read MoreMacau Casino Operators Asked To Prepare ‘Mock Attacks’
Macau’s six major casino operators met with the Judiciary Police and the gaming regulator to discuss security measures in detail in light of the Mandalay Bay mass shooting in Las Vegas. Macau, the biggest gambling hub in the world has
Read MoreNew Survey Shows Chinese VIP Gamblers Are Spending Heavily
Brokerage firm Sanford C. Bernstein has published a new report which gives insight into the spending habits of gamblers from Mainland China at Macau’s casinos. Five analysts from Bernstein took a survey on Macau’s premium mass gamblers and published their
Read MoreSingapore Casino Operator Fines Decrease 60 pct in 2016
Singapore’s gambling regulator has levied 60.5% lesser fines on gaming operators of the city-state’s two gambling resorts during the fiscal year 2016 when compared to the previous year. Simultaneously, the Casino Regulatory Authority’s (CRA) income from licensing fees has increased
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