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 […]
2024-09-19
2024-09-19
2024-09-19
2024-09-18
2024-09-18
2024-09-18
