New York Reports First $200M Sports Betting Deal Since June

New York State's online sports betting market has begun to recover from a summer slump as sports leagues around the world begin their season. A recent report from the New…

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Sun City Group Postpones Buying Stake In Casino In Vietnam

Hong Kong-listed Sun City Group Holdings Ltd. with Macau junket investor Alvin Chow-Chuk said on Thursday it had delayed completion of its 34% stake purchase in Vietnam's casino scheme. The…

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Government to support Russian casino zones

The successful development of the coastal integrated entertainment resort area in Russia's Far East is "very important" for local authorities. Andrey Larin, the province's lieutenant governor, said so. Mr Laryn's…

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Macau junket Sing Vong eyes Hong Kong IPO

Macau-based game promoter Sociedade de Entertainmento Sing Vong Lda is pushing for an IPO in Hong Kong through its overseas holding company Sing Hou Entertainment Group Ltd. Xingbong is a…

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Casino Suppliers Under Meaningful Pressure

Wells Fargo Securities LLC warns that the gaming equipment industry is "under meaningful pressure." Among the trends affecting the sector are negative alternative sales growth in the U.S., market pressures…

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Paradise Starts at Yeongjong Casino

According to a report by The Korea Herald newspaper, Korean casino operator Paradise Co Ltd on Thursday broke ground on the $1.7 billion site of Paradise City Casino Resort located…

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MSCI HK Microcap Index Includes Summit Rise

Hong Kong-listed Summit Ascent Holdings Ltd will be officially incorporated into the MSCI Hong Kong Micro Cap Index after the close of trading in Hong Kong on May 27, the…

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Billings resigns as CEO of Wynn Resorts, retains CFO position

U.S.-based casino operator Wynn Resorts Ltd. announced that company executive Craig Billings had stepped down as president as of May 24. The company has not announced a successor. Mr. Billings…

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Maybank says opening new theme park only in December

Genting Skyworld, Malaysia's new outdoor theme park for Casino Complex Resort World Genting, can now only open in December regarding the possibility of a three-month closure of properties due to…

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Melco International to create a theme park in Zhongshan

Hong Kong-listed Melco International Development Ltd. said it will develop out-of-game complex facilities, including theme parks, in Zhongshan (pictured), a city near Macau in mainland China's Guangdong province, as part…

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