Macau strong recovery growth lets Moody’s retain credit rating

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Macau over the last few years have not been so good in terms of financial growth for operators, but slowly and steadily it picked up and this former Portuguese enclave continues to post strong recovery growth. Because of this stable growth international credit-debt watcher Moody’s Investor Service has retained its credit rating for Macau. Moody More...

by Staff | Published 7 hours ago
casino roulette
By Staff On Monday, May 29th, 2017
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Ohio new bill allows casino employees to gamble in other casinos

Casino employees being barred from gambling and even trying their luck to play slots or wagers in other casinos was a big no. However now there is certainly good news for all the casino employees who love gambling More...

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By Staff On Monday, May 29th, 2017
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Casino expansion legislation passed by the Connecticut State Senate

The casino industry is all set for expansion in the state of Connecticut with the State Senate passing new casino expansion legislation. This recently passed legislation by the Connecticut State Senate allows the More...

Limassol the location for the casino resort
By Debbie On Friday, May 26th, 2017
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Melco- Hard Rock gets license to open Cyprus first land based casino

Limassol the location for the casino resort Cyprus is all set to welcome its first land based casino in October as Hong Kong-listed Melco International Development, Florida’s Hard Rock International along with More...

SLS-Las-Vegas
By Debbie On Friday, May 26th, 2017
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Reno casino owners bought SLS Las Vegas

The SLS Las Vegas formerly the Sahara has officially been bought over by the Alex Meruelo and Meruelo Group who are the owners of the Grand Sierra in Reno. The Meruelo group has agreed to buy the SLS Las Vegas for More...

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By Debbie On Friday, May 26th, 2017
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Jake’s 58 Long Island casino is a big hit among the people

got opened in February and in a short span of time have already climbed up the stairs of success. Jake’s 58, is already New York State’s best performing Hotel & casino in terms of average revenue More...

court ruling
By Debbie On Friday, May 26th, 2017
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Ex-PAGCOR exec sues Wynn Macau for his damaged career

A former exec at the Philippines gaming regulatory agency has sued the Asian division of casino operator Wynn Resorts for unlawfully sharing his personal data that damaged his career prospects. A report published More...

Taj Mahal Casino
By Debbie On Thursday, May 25th, 2017
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Trump Taj Mahal casino probed for money laundering activities

Taj Mahal Trump Taj Mahal casino in Atlantic City has always been in news for some or the other reason. Though the property has been closed down permanently in October 2016 when it’s than owner New York businessman More...

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By Debbie On Thursday, May 25th, 2017
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Genting in legal trouble for its $1b casino project

Genting is on the verge of losing US$274 million if the US Department of Interior (DOI) stops the construction of its Massachusetts casino as reported by a Malaysian-based financial analyst. Till now things were More...

Las Vegas Sands company logo is seen in front of its construction site in Macau
By Debbie On Thursday, May 25th, 2017
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Sands Bethlehem expansion on hold post the sale talks break down

Market was ripe with the news of Pennsylvania’s market-leading Sands Bethlehem casino up for sale and it was known that negotiations were on between Sands Bethlehem’s owner Las Vegas Sands and rival MGM Resorts. More...