Saturday, December 15, 2018

Macau casinos see revenue gain of 22% in March

The month of March was a successful one in Macau as casinos were able to see gains of 22% in gambling revenues. The demand...

Cherry AB gains approval for Nasdaq Stockholm listing

Swedish online casino operator Cherry AB (publ) has been approved by Nasdaq Stockholm’s listing committee for class B shares for listing on the Nasdaq...

Enrique Razon offloads 3.18% of Bloomberry Resorts Corporation

In the Philippines, billionaire businessman Enrique Razon has reportedly earned approximately $74.58 million after selling off 3.18% of his stake in local casino operator...

Increased salaries for Sands China Limited employees

In Macau, the local Sands China Limited subsidiary of American casino giant Las Vegas Sands Corporation has reportedly announced that it is planning to...

Germany’s gambling industry records encouraging results

The positive performance of the German economy in 2017 reportedly helped the nation’s entire gambling industry to record a 2.1% increase year-on-year in annual...

China bans domestic investment in overseas gambling ventures

In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting...

Challenging first quarter for Paradise Company Limited

South Korean casino operator Paradise Company Limited has reportedly released its financial results for the first quarter of 2018 showing that it experienced a...

Brazilian bank asks to be appointed as a gambling regulator

As measures to bring regulated online and land-based gaming to Brazil continue to wind their way through the legislative process, the man behind the...

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...

Genting Hong Kong Limited to de-list from Singapore’s stock exchange

Casino and cruise operator Genting Hong Kong Limited has reportedly announced that it has received permission to voluntarily de-list its shares from Singapore’s stock...
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