GGRASIA News

  • Alguns junkets ainda ativos em Macau: veterano da indústria

    Um promotor veterano de jogos VIP em Macau confirmou à GGRAsia que “durante cerca de seis meses” esteve novamente envolvido num tal acordo comercial: neste caso, com a concessionária de jogos de Macau MGM China Holdings Ltd nas suas duas propriedades, MGM Macau e MGM Cotai. U Io Hong,...
  • Govt warnings up on phone use at Macau casino tables

    The Macau authorities issued – during the period from May 9, 2016, to April 16 this year – a total of 71 verbal cautions to casino patrons for their alleged violation of an instruction banning use of telephones while at any of the city’s gaming tables, the city’s gaming regulator told GGRAsia...
  • Arrests on alleged illegal bets tied to Macau VIP play

    Macau’s Judiciary Police (PJ) arrested seven mainland Chinese men over their alleged involvement in what the police termed illegal betting worth US$1.3 million, by gamblers from China making use of the social messaging service WeChat.  It is thought the suspects arranged for gamblers to place their bets on the...
  • Baccarat win falls 42 pct on Las Vegas Strip in Aug

    Win for baccarat – the table game of choice for Chinese and other Asian gamblers – fell by 42.3 percent year-on-year in August at Las Vegas Strip casinos in the Nevada gaming hub. Win for mini-baccarat, another form of the game, fell by 17.8 percent in the same period,...
  • MGM Resorts ups stake in MGM China, Pansy Ho seller

    U.S.-based casino operator MGM Resorts International announced on Tuesday an agreement to acquire 188.1 million shares in subsidiary MGM China Holdings Ltd from minority shareholder Pansy Ho Chiu King. “As a result of the transaction, the company will acquire an additional 4.95 percent of the outstanding ordinary common shares...
  • MGM Resorts completes acquisition of Borgata stake

    Casino operator MGM Resorts International on Monday said it had completed a deal to buy the 50 percent of Atlantic City’s Borgata Hotel Casino and Spa that the group did not already own; for a total consideration of US$900 million. The deal, with seller Boyd Gaming Corp, excludes any future...
  • CNMI to give fresh land lease to Saipan casino: report

    Officials in the Commonwealth of the Northern Mariana Islands – a Pacific territory of the United States – have indicated they intend to award a lease of fresh land to the investors currently operating a temporary casino on the main island, Saipan, states the Saipan Tribune newspaper. In November...
  • New Jersey approves MGM Resorts’ Borgata purchase

    MGM Resorts International’s purchase of Boyd Gaming Corp’s 50 percent stake in Atlantic City’s Borgata Hotel Casino and Spa has received regulatory approval in New Jersey, reports the Associated Press (AP). MGM Resorts had been effectively forced to give up control of its then 50-percent interest in the Borgata,...
  • Espanha: O projeto do casino de Barcelona em Espanha foi redimensionado: relatórios

    A plan for a new tourism and entertainment area in Barcelona, Spain is moving ahead after a revamp that cut its projected gaming area to a seventh of the original size, it was announced last week. Two Asian casino groups – Melco group and Genting group – are reportedly involved in...
  • Macau Legend to invest in project in Portugal: report

    Macau-based casino services firm Macau Legend Development Ltd is to announce later this week a new investment project in Portugal, reports Rádio Macau. The investment includes what the media outlet described as an “integrated resort” with hotel, residential and retail facilities, and a marina. It is to be located in...
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