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Posts From Adrian Sterne

Adrian Sterne

Adrian Sterne

SJM Chairman Asks Macau Government To Encourage Tourism

Macau’s gambling industry has continued its slump in 2015 and gaming analysts predict that the trend will continue in 2016. November marked the 18th consecutive month that gaming revenues have dropped in the biggest gambling hub in the world and

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New England Casinos Relax Slot Machines Payouts

The competition in the gambling industry in states like Massachusetts, Rhode Island, New England and Connecticut is extremely competitive and gambling providers are always looking for new ways and innovative promotions to get ahead of the competition and establish a

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Saipan’s Imperial Pacific Casino Brings In $1.6 Billion In November 2015

Imperial Pacific International Holdings Ltd, a Hong Kong based company which committed to building the Best Sunshine Casino, a $7 billion mega-casino resort on the Saipan Island which is a part of the Northern Mariana Islands recently confirmed that its

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FMIC Predicts Philippines Gambling Market Will Struggle Until 2016

The Philippine’s government has been highly successful in attracting foreign companies to invest into its casino industry and during the last couple of years a number of mega-casino resorts have opened in Manila. There are more casinos currently under construction

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Crown’s $4 Billion Studio City Unable To Stop Macau’s Casino Decline

When Wynn Resorts and Crown Resorts decided to build new casinos on the Cotai Strip in Macau there were never any concerns about the success of these casinos for Macau was the biggest gambling hub in the world and a

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Wall Street Firm Expects More Casinos In Atlantic City To Close Down

New Jersey’s Atlantic City was once a thriving hub for the casino industry but all that has changed during the last three years. The casino industry in Atlantic City went through a trying time in 2014 and four out of

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Betsson Affiliate Manager Charged With Money Laundering & Fraud

The online gaming industry has strict regulations both in the United States and Europe but there are still a number of loopholes that can be exploited by crafty individuals who can pilfer, defraud both online gamblers and companies by using

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Donaco International Reports Strong Growth In Cambodia

Donaco International has built a name for itself in the hospitality and entertainment business across Asia Pacific and its flagship properties include the Star Vegas Resort and Club in Poipet, Cambodia and its successful Aristo International Hotel, which is a

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CfA Apologies and Drops Charges against Las Vegas Sands Chairman

The Campaign for Accountability (CfA), a political watchdog earlier this month accused billionaire and Las Vegas Sands chairman of having ties with the Chinese mafia and alleged that dirty money could be entering into the United States through the Sands

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LVS & MGM Resorts Counting On Georgia To Boost Revenue

Las Vegas Sands Corp and MGM Resorts are two of the biggest gambling enterprises in the world but have experienced a significant decline in revenue during the last couple of years. One of the reasons for their declining revenues is

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