Las Vegas Sands puts $6 billion price-tag on Strip properties

The organisation’s estate consists of the Venetian and Palazzo resorts, the Sands Expo and Convention Center, and 19 acres where the MSG Sphere is being built Preliminary talks between Las Vegas Sands Corporation and an investor could lead to the sale of the Las Vegas Strip Gaming and Convention operations in a deal worth in…

DPW halts Imperial Pacific International hotel and casino project in Garapan

The Department of Public Works ordered IPI to draw up work “immediately” as it was in violation of the Building Safety Code The Department of Public Works of the Commonwealth of the Northern Mariana Islands has ordered Imperial Pacific International to halt works on the hotel and casino project in Garapan as it was in…

A quantum leap in regulation for the gaming industry as IAGR and IGSA herald collaboration

“We strongly believe that collective dialogue with regulatory authorities on an international level is crucial to enhance regulatory oversight while driving efficiencies for operators and suppliers.” The International Association of Gaming Regulators (IAGR) and the International Gaming Standards Association (IGSA) have announced a collaboration aimed to advance the effectiveness and efficiency of gaming regulation internationally.

PAGCOR pondering the possibility of online gaming for local casinos

The regulator is considering a proposal to allow online gambling from the casinos in view of economic recovery Today, PAGCOR confirmed that it is studying a proposal to permit land-based casinos to accept wagers online, as the government is looking for ways to relieve the economy which has been battered by the pandemic. 

Occupancy rate of Macau hotels down to 16.4% in September

Macau’s hotels and guesthouses reported an average occupancy rate of 16.4% during the month of September, according to industry figures published by the Macao Government Tourism Office The local occupancy rate in the gaming mecca, Macau, was just 16.4 per cent in September. This is actually a small increase from the 12 per cent reported…

Occupancy rate of Macau hotels down to 16.4% in September

Macau’s hotels and guesthouses reported an average occupancy rate of 16.4% during the month of September, according to industry figures published by the Macao Government Tourism Office The local occupancy rate in the gaming mecca, Macau, was just 16.4 per cent in September. This is actually a small increase from the 12 per cent reported…

Sport Betting Consensus Fails In Arizona, Shelved For 2021

HB 2813 would make land-based betting legal in Arizona, and allow commercial and tribal casinos to set up retail sportsbooks The state of Arizona has decided to incline towards a two-pillar focus approach towards the legalization of sports betting in 2020. Specifically, several lawmakers have focused on gaining support from both the House of Representatives…

Skycity’s main priority for 2021 is to “just stay open”

New Zealand’s SkyCity Entertainment Group’s main priority is to start its recovery from the pandemic and stay open for 2021 Skycity’s CEO Graeme Stephens envisaged a two year path to recovery for the company. He said: “It’s really only 2022 that we expect to be back under full strength. We feel well-positioned to ride out what is ahead…

Belle Corporation’s nine-month profit sinks 96% due to the pandemic

“The decreases in revenues and profits resulted primarily from Covid-19 related developments”  On Thursday, the Philippine gaming company Belle Corp., the company owning half the City of Dreams Manila, reported that its net income for the first 9 months of 2020 saw a 96% decline when compared to the income for the same period last…

Kangwon Land Casino under fire for procurement favoritism

The casino is being accused of favoritism to certain EGM suppliers South Korea’s largest casino at which local residents are allowed to gamble is under fire. Kangwon Land,a state-run operator based in Gangwon Province, is now being accused of favoritism to certain electronic gaming machine (EGM) suppliers. The People Power Party Rep. Ku Ja-keun said…