Thomas Marchese Finishes First at the Aria $25,000 High Roller II Event

by January 31, 2015

Yesterday, the Aria Resort & Casino, which is currently considered to be one of the best Las Vegas-based venues to play poker at, hosted the one-day Aria $25,000 High Roller II event. The turbo tournament attracted a total of 41 players, many of which were well-known names in ...

Experts Comment on the Upcoming Full Smoking Ban in Macau

by January 30, 2015

Yesterday, it was reported that the government of Macau will propose a bill that fully prohibits smoking within the premises of local casinos, VIP rooms included. According to Karen Tang, analyst at Deutsche Bank AG, VIP gaming is likely to drop by 15%, once the ban comes into e ...

The Parisian Macao to Open Doors ‘Sometime’ in 2016

by January 29, 2015

Earlier today, Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp., announced that The Parisian Macao will be launched sometime in 2016.Karen Tang, an analyst for Deutsche Bank AG, called this announcement “a departure from” what had previously been pointed as a deadli ...

City of Dreams Fined for Violation of Smoking Ban

by January 29, 2015

The government of Macau has fined City of Dreams for supposedly violating the city’s law that prohibits smoking in all public places. Melco Crown Entertainment Ltd., the company that operates the casino resort, will have to pay the amount of MOP100,000 or US$12,524.Mac ...

New Remote Gambling Act to Be Enacted in Singapore

by January 28, 2015

Earlier today, the Ministry of Home Affairs in Singapore announced that residents of the country will not be able to access websites that provide or promote any type of remote gambling services as of February 2.The Ministry also pointed out in its special statement on the ma ...

Interwetten Announces Its Return to the Greek Online Betting Market

by January 27, 2015

Malta-based gaming operator Interwetten has announced that it will re-enter the online betting market in Greece. Furthermore, the company, which has been offering its numerous gaming options for more than two decades, hinted at the possibility of expanding its business on other m ...

ICE Totally Gaming 2015 to Take Place Next Week

by January 27, 2015

ICE Totally Gaming 2015, one of the most anticipated events in the gaming industry, will take place from February 3 to February 5. It will be held at the ExCeL London Exhibition and Convention Centre and attendees will be able to acquaint themselves with the novelties in the worl ...

Lakes Entertainment and Golden Gaming Announce a Joint Project

by January 26, 2015

Earlier today, it was announced that Maryland-based gaming company Lakes Entertainment Inc. and Nevada casino operator Golden Gaming, LLC have reached an agreement for the establishment of a new casino company, which will be called Golden Entertainment Inc.The two business en ...

Nomura Brokerage Firm Forecasts Lower Returns from New Casino Projects in Cotai

by January 22, 2015

The Japan-based brokerage firm Nomura has considerably narrowed the forecast return rates on invested capital (ROIC) for the Cotai casino resorts, which are yet to be established in Macau.Under the lead of Mr. Harry Curtis, several analysts of Nomura, based in the U.S., shar ...

Further Casino Losses Reported in China Due to Local Corruption Restraint

by January 21, 2015

More casino losses were reported in China due to local corruption restraint, which is the reason why option traders forecast that the recovery of the industry in China would take longer than expected.One of the analysts, who work at Rhino Trading Partners LLC – Timothy Chen ...

William Hill Reports a 7% Profits Decline Over 2014 Q4 on Football and Horse-Racing

by January 20, 2015

The bookmaker William Hill, which is based in the U.K., revealed that its profits declined by 7% over the fourth fiscal quarter of 2014. The company’s shares fell by more than 4% after it reported the 7% decline in its quarterly operating profit.William Hill also share ...

XLMedia Expects to Report a 43% Revenue Increase Due to Strong Organic Growth and M&A Activity

by January 19, 2015

Jersey-based provider of digital marketing services XLMedia Plc revealed in a statement that it expects to report a revenue increase estimated to be about 43% due to “strong organic growth” over the year and M&A activity. The shares rose by more than 10% after the company ann ...

Tioga Downs with a Second Chance for Winning a Casino License

by January 17, 2015

Yesterday, Jeff Gural, owner of Tioga Downs Casino & Racing, one of the losing bids in the competition for a casino license in New York, pointed out that he and his partners will take full advantage of the second chance they were given and will do their best to win the licens ...

Macau’s Gaming Regulator Promises that Locals Will Not Be Prohibited from Entering Casinos in 2016

by January 16, 2015

Yesterday, the Gaming Inspection and Coordination Bureau, Macau’s gaming regulator, released a special statement, in which it denied any rumors suggesting that residents might be prohibited from entering the city’s gambling venues sometime in 2016.The government o ...

Steve Wynn Comments on the Benefits of the Everett Casino

by January 16, 2015

Yesterday, Steve Wynn, chief executive officer of casino operator Wynn Resorts Limited, was one of the speakers at the Colliers International presentation on the new trends in real estate development in Boston and Massachusetts as a whole.Mr. Wynn revealed a few more details ...