03/08/19 Lack of Asian exposure to hurt Caesars, Bernstein says Brokerage Sanford C. Bernstein announced Caesars’ growth is expected to be limited due to its lack of exposure in Asia.
03/07/19 Hard Rock to push for Gold Coast casino The casino operator has confirmed it will bid for a casino on Australia’s Gold Coast, next to nearly a dozen more companies.
03/07/19 Maryland casinos’ revenue goes flat in February The six state casinos posted revenue just 0.1% higher year-on-year during the second month of 2019 to US$136.8 million.
03/07/19 Paradise Co posts revenue increase in February The South Korean casino operator saw revenues 28.5% higher year-on-year as they reached €43.7 billion.
03/07/19 Wynn Resorts plans largest IR in the world for Japan The operator’s affiliate company’s president said Wynn wants to develop the largest venue in the world in a city like Tokyo, Yokohama or Osaka.
03/06/19 Casino industry grows in Iowa The Racing and Gaming Commission renewed 19 state regulated casino licences as their economic impact continues to grow.
03/06/19 Wynn is soon to land in Japan Wynn Resorts announced it will open an office in Tokyo next summer to position itself in the country ahead of the IR licence bidding process.
03/06/19 PH Resorts investment in the Philippines, delayed The casino operator’s €309 million project to build two resort casinos in the country has been pushed back in order to raise the capital needed.
03/06/19 JP Morgan warns about Macau’s future The brokerage said the three year streak for quarterly EBITDA growth could end in June, after Q2.
03/06/19 Bloomberry Resorts posts record figures in 2018 The Asian operator posted record GGR across all segments and reached record EBITDA and net profit in 2018.
03/06/19 East Windsor casino hits major setback The MMCT venture has been delayed by an ongoing investigation after former DoI secretary may have lied to federal investigators.
03/05/19 Junket operations approved in Saipan The CCC approved licences for three junket operators that will join Imperial Pacific International’s options.
03/05/19 Silver Heritage casino closed in Vietnam The Australian operator’s venue within Phoenix International Club near Hanoi was shut down last Friday.
03/05/19 West Virginia strikes satellite casino bill down A proposed legislation which would’ve cleared four counties to open satellite casinos has been rejected by a Senate committee.
03/04/19 Galaxy sees 29 pct profit increase in 2018 A good mass gaming performance boosted Galaxy Entertainment Group’s net profit to a 29% rise in 2018.
