Massive 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
Read MoreAtlantic City Union Closes On New Labor Contract With Casinos
Atlantic City’s casino workers’ union which has been threatening to go on strike has announced that it reached an agreement with three of the five casinos that it had disputes with. Local 54 of the Unite-HERE union has signed off
Read MoreCrown Resorts Gets Final Approval For Its Barangaroo Project
The Crown Resorts' $1.2 billion casino project in Sydney has received final approval from the New South Wales Planning Assessment Commission (PAC). The project has incorporated a number of changes that had been required to obtain the final clearance. One
Read MoreNew Gambling Decree In Vietnam In Final Stages Of Approval
After numerous revisions over a period of seven years, the draft decree on gambling in Vietnam has finally been submitted to the government for approval. The Lottery and Gambling Division of Vietnam’s Ministry of Finance (MoF) announced earlier this week
Read MoreUnion Workers In Atlantic City Begin Negotiations With Casinos
The casino workers’ union in Atlantic City UNITE HERE Local 54 is planning to meet five of the casinos during this week in order to arrive at new labour contracts. The five casinos are the Trump Taj Mahal, Tropicana, and
Read MoreMelco Crown Chief Blames Studio City Woes To Marketing Failure
The continued poor performance of Melco Crown Entertainment’s joint venture casino Studio City in Macau is causing serious concerns for its Chief Executive Officer, Lawrence Ho. The first quarter profit in 2016 for the casino was USD195 million, much below
Read MoreGenting Singapore Investments In South Korean Casino Project
Genting Singapore Plc, the operator of Singapore’s Resorts World Sentosa has announced that it is increasing its investments in its South Korean venture, Landing Jeju Development Co Ltd. (LJDC). South Korea has also been getting attention from Las Vegas Sands
Read MoreAtlantic City Union Vote To Go Through With Strike At Five Casinos
Union workers in Atlantic City have voted authorizing a strike at five casinos in the city unless a new labor contract is finalized by July 1. Bob McDevitt, the president of Unite Here Local 54 made the announcement stating that
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