GGRASIA News

  • 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...
  • NagaCorp pulls out of Cyprus casino race

    Casino investor NagaCorp Ltd said in a filing to the Hong Kong Stock Exchange on Wednesday that it would not, after all, proceed to the final bid stage for a single casino licence in the Republic of Cyprus. It said the decision was “in the best interests of shareholders”....
  • 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,...
  • Melco Intl confirms proceeding to final bid in Cyprus

    Asian casino investor and developer Melco International Development Ltd, led by casino entrepreneur Lawrence Ho Yau Lung, has confirmed in an email to GGRAsia that it is to proceed to the final bid stage regarding the single casino licence on offer in the Republic of Cyprus. “The multinational consortium...
  • Saipan won’t cap number of junket operators

    Edward Deleon Guerrero, executive director of the Commonwealth Casino Commission on Saipan, says the regulator will not be setting a limit on the number of junket operators allowed to do business on Saipan. The main island of the Commonwealth of the Northern Mariana Islands has issued an exclusive casino licence...
  • NagaCorp pursuing Cyprus casino final bid: sources

    Hong Kong-listed casino operator and developer NagaCorp Ltd will proceed to the final bid stage regarding the single casino licence on offer in the Republic of Cyprus, two people with direct knowledge of the process have separately told GGRAsia. The deadline for final submissions to the government of the...
  • Bloomberry drops bid for Cyprus’ gaming licence

    Philippines-based casino operator Bloomberry Resorts Corp has confirmed that it has pulled out of the bidding for a single gaming licence in the Republic of Cyprus. “We are confirming that we are no longer pursuing our bid to acquire a gaming licence in Cyprus,” Bloomberry’s director of investor relations, Leo...
  • 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...
  • Stanley Ho firm launches Portugal’s first online casino

    Portuguese gaming operator Estoril Sol SGPS SA – majority controlled by business interests connected to Macau casino entrepreneur Stanley Ho Hung Sun – launched this week what Portuguese media described as the first licensed website to offer legal online casino gambling in Portugal. The website was established in partnership with...
  • 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,...
  • MGM launches mobile gaming at nine Vegas Strip venues

    MGM Resorts International, which has the largest number of casino venues on the Las Vegas Strip, announced on Wednesday it had launched a mobile gaming platform and online tournament available on the Wi-Fi telecommunications system at nine MGM properties. A press release from the company described the initiative as...
  • IGT, LVS join hands for largest ETG installation in U.S.

    Global gaming and lottery supplier International Game Technology Plc (IGT) and U.S.-based casino operator Las Vegas Sands Corp have completed what was dubbed as the “largest live electronic table game installation in the United States”. The installation includes 150 of IGT’s Dynasty electronic table game (ETG) cabinets displayed in...
  • Lucky Dragon in Vegas tables mostly baccarat: report

    Approximately three quarters of the 37 table games planned for the under-construction Lucky Dragon Hotel and Casino on the Las Vegas Strip in Nevada, in the United States, will be for baccarat. That is according to information from its management, cited by the Las Vegas Review-Journal newspaper in a...
  • Protected: Macau Legend eyes Portugal project featuring gaming

    There is no excerpt because this is a protected post....
  • Spain’s Barcelona casino scheme downsized: reports

    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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