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Philippine Casino Industry Will Not Be Hurt By Cannibalization
Brokerage firm Morgan Stanley has forecasted an optimistic outlook for the Philippine casino market despite the development of additional convention venue space and gaming facilities in the country. There were concerns from some quarters that there were too many gaming
Read MoreAC Casino Revenue Falls, Online Gambling Revenue Grows In NJ
The combined casino revenue in Atlantic City has shown a decline of 2.7 percent for July 2017 when compared to the same period last year. This was despite the fact that the city’s seven operational casinos have recorded a marginal
Read MoreRussia’s New Visa System To Boost Revenues For Tigre De Cristal
Russia’s new visa-on-arrival system is likely to provide a boost to Summit Ascent Holdings Ltd revenues, which is the operator of the Tigre de Cristal casino resort located inside Primorye Integrated Entertainment Zone (IEZ) near the port city of Vladivostok.
Read MoreTrump Company Could Be Entering Macau’s Casino Industry
A company belonging to The Trump Organization is said to have applied for four new trademarks in Macau according to a local news report. The applications relating to the Trump brand were made by a Delaware-based company called DTTM Operations
Read MoreCrown Resorts Sees Major Revenue Boost From Melco Sale
Australian casino operator Crown Resorts Ltd has declared a net profit of A$1.87 billion (US$1.49 million) for the fiscal year ending June 30, witnessing a jump of nearly 97 percent over the previous year despite a decline in revenue. The
Read MoreSouth Korea’s Paradise City Casino Drawing Over 3k Visitors Daily
South Korea’s newly opened Paradise City casino resort has announced that in its first 100 days’ of operation it has attracted a daily average of nearly 3,100 visitors. So far it has recorded a total of nearly 310,000 visitors. The
Read MoreHard Rock Confirms Plans To Develop Casino Resort In Vietnam
Global casino operator Hard Rock International Inc has confirmed its plans to develop a casino in Vietnam at the beach resort Laguna Lăng Cô located in Thua Thien-Hue province. A senior casino official from the company has stated that construction
Read MoreSingapore Imposes Tougher Regulations For Slot Machines In Social Clubs
Singapore is clamping down on usage of slot machines in the city’s social clubs. The Ministry of Home Affairs has said that a new set of regulations is being rolled out that will test the clubs’ expanse of non-gaming amenities
Read MoreMajor Victory Propels Wilton Rancheria’s Elk Grove Casino Project Forward
California-based Native America tribe Wilton Rancheria scored a major victory after a federal agency dismissed an appeal lodged by opponents questioning the approval given to the tribe to construct a gaming facility in Elk Grove. According to a news report,
Read MoreNew South Korean Casino Celebrates Formal Opening On Jeju Island
A new gaming facility Gongzi Jeju Casino was formally launched on July 16 in the South Korean island of Jeju. The casino located within the Ramada Plaza Jeju Hotel complex had been open since April 28 as a part of
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