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Vietnam Will Begin Local Gambling Trial By From December
Vietnam’s eagerly awaited trial pertaining to allowing the local populace to gamble in casinos will commence from December 1. The Finance Ministry of Vietnam recently issued Circular 102/2017/TT-BTC which adds more details to the government’s Decree 03/2017/ND-CP that became an
Read MoreSKYCITY Considering Potential Sale Of Darwin Casino
SkyCity Entertainment Group, the hotel and casino operator based in New Zealand may have to consider selling their gaming arm at their Darwin hotel and casino resort as part of an attempt to recoup their gambling business. The gambling arm
Read MoreNevada Gaming Commission Approves $850M Sale Of ACEP
Golden Entertainment entered into a definitive agreement in June 2017 to purchase American Casino & Entertainment Properties (ACEP) for an estimated $850 million from parent company Whitehall Street Real Estate Partners which is a real estate equity fund that is
Read MoreMacau Casino Operators Asked To Prepare ‘Mock Attacks’
Macau’s six major casino operators met with the Judiciary Police and the gaming regulator to discuss security measures in detail in light of the Mandalay Bay mass shooting in Las Vegas. Macau, the biggest gambling hub in the world has
Read MoreNew Survey Shows Chinese VIP Gamblers Are Spending Heavily
Brokerage firm Sanford C. Bernstein has published a new report which gives insight into the spending habits of gamblers from Mainland China at Macau’s casinos. Five analysts from Bernstein took a survey on Macau’s premium mass gamblers and published their
Read MoreSingapore Casino Operator Fines Decrease 60 pct in 2016
Singapore’s gambling regulator has levied 60.5% lesser fines on gaming operators of the city-state’s two gambling resorts during the fiscal year 2016 when compared to the previous year. Simultaneously, the Casino Regulatory Authority’s (CRA) income from licensing fees has increased
Read MoreWynn Resorts Bring In Metal Detectors After Las Vegas Shooting
The worst shooting in U.S history which took place on October 1 from the Mandalay Bay Resorts was expected to change security measures adopted by Las Vegas casinos and entertainment venues. That has already happened with Wynn Resorts, one of
Read MoreMGM Cotai Opening Postponed From Late 2017 To Early 2018
MGM China Holdings, the Asian arm of MGM Resorts International recently announced that its $3.4 billion MGM Cotai casino will not open in the fourth quarter of 2017 due to the number of delays that has stopped the flow of
Read MoreMGM Resorts Maybe Developing Waterfront Casino In Connecticut
The state of Connecticut had approved a third tribal casino that would be jointly developed by the Mohegan and Mashantucket Pequot tribes in order to prevent Connecticut gamblers from crossing the state border into Massachusetts and heading over to the
Read MoreForbes List Adelson & Wynn Among Greatest Business Minds
Forbes celebrated its 100th anniversary on September 19 by releasing a special edition featuring the ‘World’s 100 Greatest Living Business Minds’ and included insights, stories, tips and strategies that will be useful for the next 100 years. There were a
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