Latest in: Casino News

→ Gambling hub expected to show seventh straight month of growth → Recovery threatened by property curbs, capital restrictions Chinese high rollers are pulling Macau out of its doldrums, helping reverse the gambling Mecca’s two-year slump with cash created by soaring real-estate values and busy factory floors. Revenue for some...

The man tipped to lead the UK’s second-biggest bookmaker has broken ranks with the industry by offering support for a curb on TV gambling adverts. Betting companies have largely rejected suggestions that their ads are seen by too many vulnerable people and children, but William Hill’s finance director said he understood people’s...

Global casino operators are vying to move into Japan’s potentially lucrative market after a ban was lifted by lawmakers in Tokyo, despite warnings over gambling addiction and the involvement of organised crime. Japan’s parliament approved legislation in the early hours of Thursday allowing the construction of “integrated resorts” that...

Crown Resorts has been unable to contact any of its employees since they were detained three days ago in a series of late-night raids in China and taken away for questioning. “To date, Crown has not been able to speak with our employees and is working closely with the Department of...

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,...

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...

SJM Holdings, the Macau gaming operator owned by the family of legendary casino mogul Stanley Ho, posted a worse-than-expected net profit for the first half of the year as high rollers continue to shy away from the once-lucrative global gambling capital. Adjusted earnings before interest, taxes, depreciation and amortisation,...

The night of 2 April 1990 is one Tina Condos will never forget. It was the opening night of Donald Trump’s new $1.1bn Atlantic City casino, and Condos was working as a cocktail waitress serving drinks to Michael Jackson, Elle Macpherson and the other stars and socialites who had...

Is Macau’s epic gambling slump finally coming to an end? Gaming revenues in the Chinese territory increased by 1.1% in August compared to the previous year, snapping a 26-month losing streak that has hurt the city’s casino industry and slammed its economy. Casino stocks surged higher on the positive...

Casino operator Wynn Resorts is all set to open its new Wynn Palace property in Macau, albeit with fewer gaming tables than expected. The $4 billion integrated resort has reportedly been awarded only 100 mass gaming tables for its opening on August 22. This will be followed by 25...

Atlantic City casinos had a productive July despite the famed boardwalk featuring nearly as many striking workersas tourists. According to the New Jersey Division of Gaming Enforcement, AC’s eight casinos reported total brick-and-mortar gaming revenue of just under $258m in July, up 5.3% from the same month last year....

Casino operator MGM Resorts says its new Macau property won’t have any VIP gaming tables, at least, not to start. On Tuesday, MGM China CEO Grant Bowie discussed the company’s in-development MGM Cotai property, telling reporters that the company had “already made the decision that we’re envisaging opening only...

It was billed as the “eighth wonder of the world” when it opened a quarter-century ago on the glitziest stretch of the Jersey shore, but after multiple bankruptcies and the longest union strike in Atlantic City casino history, the Trump Taj Mahal is about to go the way of...

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...

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...

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...

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 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...

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...

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...

Macau-based casino services firm Macau Legend Development Ltd on Thursday entered into a memorandum of understanding with the Setúbal municipality government from Portugal, for the proposed development of an “integrated leisure, tourism and entertainment project” there. It is designed to feature gaming elements. The budget for the Setúbal project...