Thursday, July 07, 2022


Everi swings to net loss of $13.5 million in 20Q1


Everi Holdings Inc swung to a net loss of $13.5 million in the three months ended March 31, 2020, due mainly to March casino closures caused by the co

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Delta Corp confident in weathering Covid-19 storm


Management of India-listed casino operator Delta Corp said it does not believe the Covid-19 pandemic to have any significant impact on the financial r

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Gaming to continue to drive Macau’s wealth


Twenty-nine years ago I visited Macau for the first time. It was a consolation day trip from Hong Kong for not being able to apply and obtain a visa to enter China in less than a week when I had only four days to spend.

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Mainland police bust mountain casino, six detained


Mainland Chinese police have busted an illegal casino in China’s Guangxi Zhuang Autonomous Region, arresting 104 gamblers, and seizing 535 gambling

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Sands best placed for Japan license, MorningStar says


Las Vegas Sands is best positioned to win a gaming license in Japan due to its strong global track record, MorningStar analyst Chelsey Tam wrote in a

Riskwise says political risk deterred Mactan investors


Riskwise Global Capital said the perceived political risk in the Philippines had deterred potential investors in a $1.4 billion project to build an in

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Silver Heritage appoints new leadership team for Nepal project


Australia-listed Silver Heritage Group has appointed a new team to manage the development of its delayed integrated resort project in Nepal. In a fili

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MQ Technology denies NagaCorp talks


Malaysia-listed MQ Technology has denied reports that it is in talks with Cambodia’s largest casino operator, NagaCorp, over plans to develop and ma

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Currency demonetization a tough pill to swallow


Indian Finance Minister Arun Jaitley’s announcement to scrap the 500 and 1,000 rupee notes will wreak havoc on the performance of Goa’s offshore c

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No decision yet on casinos in Maharashtra: CM


Maharashtra chief minister Devendra Fadnavis has reportedly turned down a proposal sent by the home department to legalize casinos in the state, accor

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Karnataka government in favor of casinos in coastal towns


Karnataka’s tourism department is pushing a proposal that would allow offshore casinos in its coastal towns of Dakshina Kannada and Uttara Kannada,

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On-shore casinos can add Rs 1,500 crore per year: Maharashtra


Allowing on-shore casinos in Maharashtra would earn the state government Rs 1,500 crore (US$277 million) a year, says the Maharashtra Tourism Developm

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Maharashtra concentrates on MICE tourism, new casinos


Maharashtra will be focusing on MICE tourism, with plans to set up a promotion Board specifically for MICE tourism in the state, local media reports.

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MelcoLot drops Georgia casino project


MelcoLot said its plans for a casino in Georgia will not proceed after failing to reach accord over a prospective site. The company said it has been n

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Resorts World Las Vegas gets nod to develop $4 billion casino project


Resorts World Las Vegas has received approval from Clark County Commissioners to move forward on its $4 billion hotel-casino project, local media repo

Chow Tai Fook to tap VIP network for Brisbane facility


Chow Tai Fook Enterprises, which was part of a winning consortium for a $3 billion-casino resort in central Brisbane, Australia, says it will tap into

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Genting’s Resorts World Birmingham to open Oct. 21


Genting’s £150 ($230 million) million leisure destination Resorts World Birmingham in England is due to open on October 21, though its casino will

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Mayor says Tinian Dynasty closes casino floor


Tinian Mayor JP San Nicolas said that Tinian Dynasty will be closing its casino operation floor temporarily as of August 14 due to low tour package sa

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Chinese customs officers bust Korean man carrying HKD 7 million


Customs officials at the Gongbei port in Zhuhai, China, confiscated HKD7 million from a Korean man claiming he had won the money, along with an extra

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