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New 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
Read MoreGlenn Straub Refuses To Apply For Casino License For Revel Casino
Glenn Straub, the new owner of the failed Revel casino in Atlantic City has said that he will not reopen the casino if the New Jersey state gambling regulators insist on him acquiring a new casino license. Straub who is
Read MoreLVS Looks For Opportunities To Set Up Casino In South Korea
Las Vegas Sands Corp has renewed its efforts to set up a casino in South Korea. Local media reports have said that key executives from the Sands Corp have been visiting numerous locations in the port city of Busan to
Read MorePublic Campaign Opposing North Jersey Casino Expansion Kicks Off
In a fresh attempt to challenge the benefits of extending casinos beyond Atlantic City, a business coalition group has decided to launch a campaign to influence public opinion against the proposal in the upcoming referendum. Named ‘No North Jersey Casinos’
Read MoreMGM Resorts Continues Pressure On Connecticut Airport Authority
The Freedom of Information Commission in Connecticut is hearing the second complaint filed by MGM Resorts with respect to the Connecticut Airport Authority’s practice of moving all discussions related to its bid to host a casino into an executive session.
Read MoreNew Study Questions Impact of Casino Legislation In Georgia
A report backed by a business coalition group in Atlanta has revealed that while the plan to introduce four new casinos in the state of Georgia would generate hundreds of millions in tax revenue, it is unclear how much of
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