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Steve Wynn’s Purchase Of Wynn Resort Shares Causes Spike In Prices
Wynn Resorts has had a tough 2015 but as the year comes to a close things are looking up for the company and its chairman Steve Wynn. Wynn Resorts has faced a number of challenges in Macau as the anti-corruption
Read MoreFinancial Problems Cause Abrupt Closure Of Nooksack River Casino
The casino industry in the United States has been through a rough time during the last 2 years as casinos all across the country have found it difficult to generate a consistent amount of revenue. Atlantic City had four out
Read MorePublic Protests Continue Outside Wynn Macau
Macau’s booming casino industry is taking a hit like never before, with China’s anti-corruption campaign continuing to hurt casino operators in the region, and high-roller “junket” financing companies are left in a difficult spot as they struggle with partial debt
Read MoreWynn Resorts CEO And Boston Mayor Meet At Undisclosed Location
Billionaire and Wynn Resorts CEO and Boston Mayor Marty Walsh have had a public battle over the proposed $1.7 billion Wynn Everett casino for a number of months as both sides were unable to find common ground to settle their
Read MoreConnecticut Files Motion To Dismiss MGM Lawsuit
The state of Connecticut decided to build a third casino and awarded the license to the Mashantucket Pequot and Mohegan tribes. The state decided to permit a third casino in an effort to stop gamblers from Connecticut from traveling out
Read MoreSJM 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
Read MoreNew 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
Read MoreSaipan’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
Read MoreFMIC 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
Read MoreCrown’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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