Sunday, March 24, 2019

Macau casino industry likely to prosper in 2018 despite challenges

The future of the Macau casino industry reportedly remains positive with aggregate gross gaming revenues likely to rise over the course of 2018 despite the sector facing the dual challenges of...

Silver Heritage Group increases funding for Nepal casino resort

Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company’s Tiger Palace Resort Bhairahawa another step closer to...

NagaCorp Limited records improved half-year results

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first six months of 2017 reportedly showing that it experienced a 40% increase year-on-year in gross gaming revenues...

Ladbrokes Coral Group commits to greyhound racing levy

In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its offshore greyhound racing turnover from the start...

What happened to the bitcoin blockchain August 1, 2017?

The bitcoin community recently faced a critical moment with some in favor of the recent “fork” that forced the blockchain to split, and others vehemently set against it. If that’s all...

New limit restrictions set on UnionPay cards

With the New Year, came new limits for UnionPay cards. Beginning on the 1st of January, new restrictions set forth by the State Administration of Foreign Exchange in China were imposed...

Modest growth prediction for global casino industry in 2018

A new report from Fitch Ratings Incorporated has predicted that gaming markets across the globe are likely to experience moderate growth next year thanks to relatively strong economies and a comparatively...

Ongoing diplomatic row sends Paradise Corporation Limited into the red

South Korean casino operator Paradise Company Limited has released its financial results for the second quarter showing a 26% decrease year-on-year in overall sales to $122.91 million alongside an 85.3% fall...

Steve Wynn allegations could hurt future of Wynn Resorts Limited

The sexual misconduct allegations recently levied against American casino magnate Steve Wynn (pictured) could reportedly have a negative long-term impact on his Wynn Resorts Limited casino-operating enterprise by affecting its ability...

Asia Pioneer Entertainment Limited to list 250 million new shares

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing some 250 million new shares on the...

APLICATIONS

Laguna Lang Co development receives Vietnamese casino license

In Vietnam, the Laguna Lang Co beach resort near the historic city of Hue was reportedly awarded a casino license late last month and...

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