Frederick H. August 15, 2015 16:30:49
The World’s Biggest Casinos have the power to attract millions of visitors at any given time, thanks to their immense gaming offers and other non-gambling services. Decades ago, when the fate of casinos first came into jeopardy, financiers were able to halt their extinction by using high-return bonds. The process proved risky, but everyone on […]
Phyllis F. May 13, 2015 08:48:42
Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]
Phyllis F. May 13, 2015 08:48:42
Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]
Phyllis F. January 6, 2015 08:54:01
Following the plunge in revenues, Melco Crown may quit the HK stock exchange. The gambling enclave lost almost $100 billion of market value during the Chinese government’s clampdown on corruption. With revenues falling to 30.4% in December, 2013 ended badly for the gaming industry in Macau. This was the seventh month in a row where […]
Phyllis F. December 8, 2014 22:27:08
As casino gambling revenues dip gaming operators are building huge brand name retail outlets to boost sales. In the era of decreased gambling revenues in Macau, one Macanese casino has turned to merchandising. This may turn out to be the solution to up revenues and get the owners of Macanese poker rooms back on their […]
Macau casino revenue has declined for five straight months. While politics on the mainland are partially to blame, casinos should update their business model. Macau is far away the preferred destination for gamblers, with annual casino revenue lapping Las Vegas several times over ($45 billion to $6.2 billion) in 2013. Shimmering mega-casinos like the Venetian […]
Alex Nevsky October 6, 2014 14:59:19
Philippine Entertainment City is anticipating the City of Dreams Manila integrated casino resort opening this year. The Philippines is about to challenge the big boys of Macau and Las Vegas as the new gambling destinations on the global map. Philippine gambling laws have allowed Melco Crown to start construction of their gambling mecca dubbed Entertainment […]
Japan has always effectively balanced acceptance of modern realities with staying true to its national culture. It can do the same while allowing casinos to operate in the country. The Asian island nation of Japan is one of the world’s oldest and most proud civilizations. Once an isolated kingdom of peasants, then a mighty empire, […]
Monica E. August 11, 2014 08:55:18
Paradise Co. and Sega Sammy Holdings will start building South Korea’s first integrated casino resort in October. All Asian countries with legal gambling seem to have a very specific target these days: Chinese players. And South Korea, a country where the casino industry is growing, is no exception. With no Chinese casinos on the mainland, […]
Toni July 28, 2014 13:15:39
Hong Kong division of the popular casino group records massive earnings, propelling the parent company to invest in other territories. In the first half of 2014, Genting Hong Kong posted a staggering $180 million profit. This figure marks a Substantial increase from the same time a year before, when results showed profits of only $23 […]
Monica E. July 14, 2014 16:18:17
If you’re looking for new investment opportunities, analysts recommend these casino developers. The casino business might be stagnating in certain parts of the world, but now is the time to get rid of the industry’s weakest players and let the market swallow them up. Financial experts have shown that, in the hands of capable and […]
Monica E. July 8, 2014 12:59:45
If Japan decides to introduce casinos, the country’s gaming market could be worth as much as $40 billion a year. Wayne Duggan, author of Beating Wall Street with Common Sense and an investor owning shares of Melco Crown Entertainment, has good news for the Japanese market. In an article published by The Motley Fool, Duggan […]
Monica E. July 3, 2014 11:35:46
Macau’s winning streak is over, as revenues decline for the first time in more than four years. Located in the perfect spot to attract gambling-thirsty Asian players and offering all the luxury you can ask for, it only took Macau a few years to surpass Las Vegas and become the world’s most popular gambling destination. […]
Iva P. June 20, 2014 20:16:06
The gambling bill debate in Japan started officially this week and the initial plan was that gambling will be allowed in the country by the end of this summer legislative session on June 22nd, but all investors and casino lovers might have to wait a bit more. Naturally, investors were the most impatient actors, as […]
Premium mass-market gamblers are perfect for casinos because they wage large amounts without demanding comps from the house. Melco Crown, the Macau casino venture of Australian billionaire James Packer and local Lawrence Ho beat revenue estimates for the first-quarter of 2014, pulling in pre-tax revenue of $387.5 million. While Macau poker rooms and casinos are […]
Alex Nevsky April 1, 2014 18:25:30
Brisbane and Queensland will receive new casino properties, with the bidding process already commenced. Brisbane Queens Wharf development area will get a brand new casino operating under Australian gambling laws soon. There already have been four official expressions of interest shown in the project. The potential bidders include Lend Lease, Crown, Echo Entertainment and Greenland […]
Investors line up as Japan looks ready to lift ban on casino gambling The center of global casino gambling has shifted eastward, and we definitely don’t mean Atlantic City. With Europe stagnating and American casino revenues on the decline, Asia represents the most exciting emerging market for investors and one of the few regions where […]
Monica E. December 25, 2013 09:43:46
In anticipation of new Japanese gambling laws, casino developer Melco Crown has made a donation of $10 million for cultural projects
Alex Nevsky December 17, 2013 05:06:58
Melco Crown is developing impressive project in the Philippines which will be the second of its kind in the city
Staff September 30, 2013 18:23:08
Melco Crown Prepared to Spend a Massive $5 Billion on a New Japanese Casino in Either Tokyo or Osaka
Tom S. September 30, 2013 18:23:08
Melco Crown Prepared to Spend a Massive $5 Billion on a New Japanese Casino in Either Tokyo or Osaka
George M. July 3, 2013 16:11:35
Macau mogul to open Russian casino in 2014
Alex Nevsky November 11, 2012 11:19:13
Chinese VIP gambling market slowdown pushes Melco net income down 7.4%
AI S. September 13, 2012 12:17:22
Melco Crown Entertainment, Belle Corp and SM Investments Corp continue talks on Belle Grande casino
Nick M. January 8, 2012 10:46:55
Renowned researcher Union Gaming Research predicts that Macau casino business to grow by thirty percent in first half of 2012
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