Macau junket rep is warning that the local junket operators have to keep up with the times and the pace the industry is developing. The level of capital reserves should be increased, in order to keep abreast with the VIP gambling market, which is on the rise. This will inevitably […]
Casino News
Macau Casino Revenue is Topped by VIP Gambling Figures
According to recent information, the VIP gambling market in Macau is thriving, marking a steady growth in the second quarter of 2017. The resurgence of the industry is estimated to surpass the growth listed by mass market by about four times. This Monday the Gaming Inspection and Coordination Bureau of […]
Japan on the Verge of Creating New Casino Regulations
The casino business in Japan is facing bigger risks than expected. There are new plans regarding the regulation of the casino industry in the country and if they become reality, this could lead to unnecessarily burdening the bidding process as a whole. This Monday saw the issuing of a note […]
Smoke Ban in Macau VIP rooms Brings Clarity to GGR
According to a newly revised bill on smoking in Macau casinos, there will be bans applied to tableside tobacco use in VIP rooms. This Friday saw the approval of the new bill which will allegedly eliminate ānoiseā, as the casino gross gaming revenue is classified and reported. Analysts Carlos Santarelli […]
Brand New Goa Floating Casino Gets Stuck in Mandovi River Sandbar
One of the floating casinos which was going to occupy a spot in the Mandovi river in the Indian state of Goa recently made its way too close to a sandbar in the river. The casino cruise vessel ran aground and attracted the attention of tourists and locals alike. This […]
Caesars Entertainment Appoints New Executives to Boost Development
The leading casino operator Caesars Entertainment Corp made an announcement this Thursday that the company has recently hired two senior executives. The US-based casino operator states that this is being done in order to boost the growth of the company, as well as to diversify the operations beyond gaming. This […]
Silver Heritage Signs Last Deal for Nepal Casino Completion
Silver Heritage Group Ltd. announced that they have been given the permission to transfer NPR5 billion (US$48.3 million) cross-border in order to finish the new casino resort they are building. The resort the Australian casino developer is currently building is called Tiger Palace Resort Bhairahawa and is located in Nepal. […]
Antonio Carbone Blames Rivals and Conspiracies For His Two-Year Imprisonment
Antonio Carbone, Canadian casino businessman puts the blame for his imprisonment on his former business partners. The mogul spent the last two years in a prison located in the Dominican Republic after he was placed there without a trial or any prospects of releasing. The Dominican Republic is notoriously known […]
Bahamaās Baha Mar Project Opening Delayed Due to Missing Lounge Chairs
Baha Mar faces yet another delay in completing its construction and opening for the public. This is one of the many postponings for the resort casino located in the Bahamas, which was expected to commence work back in April this year. April saw the soft-opening of the first phase of […]
Turkish Government to Lead Nationwide Anti-Gambling Campaign
The government of Turkey is launching a new campaign which goal is to completely solve the problem with illegal gambling in the country. The offensive, which is planned to span over the next two years, will help put an end to illicit activities with its measures and solutions. The specifically […]