Australia’s Crown Resorts will sell worth $1.4 billion stake in its Macau Casinos after corruption charges being made on Crown employees by Chinese police. The resort is also holding its plan to expand in Las Vegas. A statement released by Crown resorts Limited on Thursday says that the company is not looking to expand its… Read More »
Japanese parliament passed a bill to legalize casino gambling in the country on Thursday. The law gives Prime Minister Shinzo Abe’s government a year to develop specific plans about issuing gambling licenses to companies who are ready to invest in country’s gaming sector. Many of US based gambling companies including MGM International, Las Vegas sands,… Read More »
A new tribal casino in South Bend could reduce Indiana’s tax revenue to at least $350 Million in next five years. According to a report released by a group of commercial casino owners, Indiana’s tax revenue could be down for five years after the opening of tribal casino in South Bend. The study was taken… Read More »
Japan’s parliament is in motion to legalise casino industry in world’s third biggest economy. The bill if passed will bring lots of new investment in the country and will create thousands of jobs. According to some market research Japanese gambling industry could be worth $40bn a year and that’s why many top casino companies of… Read More »
Casino stocks throughout the world got a sigh of relief and rallied back after a clarification made by Macau authorities that they are not limiting cash withdrawal for Chinese gamblers from ATMs in Macau. Earlier stocks of various casino operators in the world plunged amid fears that Chinese and Macau government officials are taking a… Read More »
China’s mission against corruption made casino stocks of all over the world i.e. from Australia’s Crown Resorts to Las Vegas Sands plunged. A recent report says that Macau would block and limit cash withdrawals as a part of their fight against corruption. A report published in South China Morning Post cited that Macau is looking… Read More »
Construction is underway to make Four Winds South Bend Casino a perfect place says Mr. Frank Freedman, the chief executive officer of the project. The tribal casino would be a great place for visitors and players says CEO. According to the details the casino will be in 175,000 square feet, while gaming floor of… Read More »
Maryland’s five casino revenue is up by 2.5 percent in the month of November 2016. Maryland Lottery and Gaming Control Agency announced today that total casino revenue of all five casinos operating in Maryland is over $92 Million. The growth is inclusive and is gaining month by month since November 2015, when collective revenue were… Read More »
Japanese gaming stocks listed in Honk Kong shored after Prime Minister Shinzo Abe’s government initiated to legalize casino-gambling in Asia’s second largest economy. Stocks of Japanese gaming companies listed in Hong Long stock exchange rallied and did superbly at the end of the day. Pinball parlors are very popular in Japan and that’s why shares… Read More »
The newest casino of Las Vegas i.e. Lucky Dragon Hotel and Casino is ready to welcome players from china and other rising Asian countries. The casino is functional now and it is expected that an amount of $33 Million will be added to Las Vegas casino market just because of a direct flight of Hainan… Read More »