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EGA Sells Gaming Assets To Cambodian Casino

Entertainment Gaming Asia Inc (EGA), a Nasdaq-listed gaming company has announced that it has completed the sale of gaming assets which it sold to the owner of a Cambodian casino called the Dreamworld Club Poipet. Valued at US$900,000, the cash

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Macau Junket Operators Wait For Launch Of Credit Database

The proposed credit database system to record the gambling credit issued to VIP players by Macau junkets is ready for launch according to the president of the Macau Association of Gaming and Entertainment Promoters. President Kwok Chi Chung had announced the creation

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Tigre de Cristal To See A Ramp Up In VIP Gaming Volumes

Investment firm Union Gaming Securities Asia Ltd. has predicted strong growth for the Russia-based casino Tigre de Cristal. Owned by Summit Holdings, which is controlled by Macau casino tycoon Lawrence Ho Yau Lung via subsidiaries, the Tigre de Cristal casino

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Few Pennsylvania Casinos Agree to Continue Host Fee Payments

In wake of Pennsylvania’s Supreme Court striking down payments made by casinos to host communities, several casino operators have voluntarily signed agreements to continue these host payments, although the state’s largest casino, Sands Bethlehem is not one of them. Parx

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Japan Legalizes Casino Industry After Legislators Clear Gambling Bill

The Japanese parliament has finally approved a contentious bill legalizing gambling in the country. According to local media reports, both houses of the parliament have now cleared the bill although it was later revised to include stronger measures to counter

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Gun Lake Casino Pays Out $6.9M to Local And State Government

Gun Lake Casino, a tribal casino in the state of Michigan has made payments to the tune of $1.82 million to its host communities and $3.97 million to the state. The Gun Lake Tribe which owns the casino made the

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Macau Gaming Director Optimistic On Casino Growth

The director of the Gaming Inspection and Coordination Bureau has predicted that Macau will see sustained growth in casino revenue next year on the back of rising mass market gambling and better control on high-stakes gambling. Paulo Chan the director

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Shuttered Baha Mar Casino Resort Likely To Open In 2017

The Prime Minister of Bahamas Perry Christie has announced that the $3.5 billion troubled Baha Mar casino resort will open in the second quarter of 2017. Speaking at a Bahamas Hotel Association event, Christie said that Hong Kong-based company Chow

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Ten Owner Glenn Straub Sues New Jersey Casino Control Commission

Florida real estate developer Glenn Straub, the new owner of Atlantic City’s former Revel casino now renamed TEN Atlantic City has filed a lawsuit against the New Jersey Casino Control Commission as he fights to reopen the property. In the

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