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Crown Resorts Sees Major Revenue Boost From Melco Sale
Australian casino operator Crown Resorts Ltd has declared a net profit of A$1.87 billion (US$1.49 million) for the fiscal year ending June 30, witnessing a jump of nearly 97 percent over the previous year despite a decline in revenue. The
Read MoreSouth Korea’s Paradise City Casino Drawing Over 3k Visitors Daily
South Korea’s newly opened Paradise City casino resort has announced that in its first 100 days’ of operation it has attracted a daily average of nearly 3,100 visitors. So far it has recorded a total of nearly 310,000 visitors. The
Read MoreHard Rock Confirms Plans To Develop Casino Resort In Vietnam
Global casino operator Hard Rock International Inc has confirmed its plans to develop a casino in Vietnam at the beach resort Laguna Lăng Cô located in Thua Thien-Hue province. A senior casino official from the company has stated that construction
Read MoreSingapore Imposes Tougher Regulations For Slot Machines In Social Clubs
Singapore is clamping down on usage of slot machines in the city’s social clubs. The Ministry of Home Affairs has said that a new set of regulations is being rolled out that will test the clubs’ expanse of non-gaming amenities
Read MoreMajor Victory Propels Wilton Rancheria’s Elk Grove Casino Project Forward
California-based Native America tribe Wilton Rancheria scored a major victory after a federal agency dismissed an appeal lodged by opponents questioning the approval given to the tribe to construct a gaming facility in Elk Grove. According to a news report,
Read MoreNew South Korean Casino Celebrates Formal Opening On Jeju Island
A new gaming facility Gongzi Jeju Casino was formally launched on July 16 in the South Korean island of Jeju. The casino located within the Ramada Plaza Jeju Hotel complex had been open since April 28 as a part of
Read MoreJapanese Legislators Warned Against Tough Casino Regulations
Union Gaming analyst has warned that the regulatory framework for Japanese casino industry was in danger of becoming highly restrictive which might discourage large operators from investing in the newly-opened market. Japanese government officials are currently debating the provisions to
Read MoreMGM National Harbor Sees Robust Revenue Growth Driven By Table Games
The newly-opened MGM National Harbor casino in Maryland has received approval for a $27 million gaming expansion program. The expansion comes even as the operator records robust growth in its gaming revenue. Since its opening in December last year, the
Read MoreTigre de Cristal To Remain Sole Operator In Russian Far East Till 2019
The Tigre de Cristal casino resort which operates inside an entertainment zone in the Russian Far East is expected retain its monopoly over the local market until late 2019, which is when the first of its competing casinos is scheduled
Read MoreKazuo Okada Sues Family To Regain Control Of His Empire
Japanese gaming tycoon Kazuo Okada has filed a lawsuit against his family in an attempt to regain control of his company Okada Holdings, which is the parent company of Universal Entertainment. Kazuo Okada built a gaming empire that is now
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