Saturday, February 23, 2019

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...

NagaCorp Limited hoping to raise $290 million for NagaWorld refurb

Asian casino operator NagaCorp Limited has announced that it is hoping to raise funds to grow its VIP business and refurbish its NagaWorld complex...

Gauselmann Group may be considering further German expansion

In Germany, the government for the northern state of North Rhine-Westphalia has reportedly decided to offload its loss-making Westdeutsche Spielbanken GmbH concern with local...

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...

Universal Entertainment Corporation planning to take subordinate public

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly announced that it is hoping to take its casino-operating Tiger Resort, Leisure...

Gambling now accounts for almost 83% of Macau’s tax revenues

In Macau, the government has reportedly revealed that it raked in $4.64 billion in taxes from gambling between January and May, which was a...

Genting Group disposes of stake in The Star Entertainment Group Limited

After earlier this week revealing that the Mashpee Wampanoag Tribe of Massachusetts owes it approximately $347.4 million, Asian casino operator Genting Group has now...

Profitable year for Galaxy Entertainment Group Limited

Asian casino operator Galaxy Entertainment Group Limited has released its financial results for 2017 showing a 61% increase year-on-year in adjusted net profit to...

Preview: 8th KPMG eSummit in Gibraltar April 26, 2018

Many C-Suite and other executives are familiar with the Big Four accounting firms. Some have seen ‎PricewaterhouseCoopers (PwC) release reports over the years in...

Optimistic prediction sends Macau share prices soaring

Share prices for some of the biggest casino operators in Macau have reportedly climbed considerably this week following the publication of a report from...
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