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Macau graft buster probe not to delay Wynn Palace: Wynn

Jul 11, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Wynn Macau Ltd does not anticipate any delay in the construction of its Cotai project even as the city’s corruption watchdog gathers information about a deal connected to...

GTech to offer US$4 billion for IGT: report

Jul 11, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

Milan-listed GTech SpA is preparing a US$4-billion offer to acquire International Game Technology (IGT), says a report by Italian newspaper La Repubblica. GTech, a commercial lottery operator and...

Macau graft buster gathering info on Wynn Cotai land deal

Jul 10, 2014 Newsdesk Latest News, Macau

Macau’s Commission Against Corruption is gathering information about the deal surrounding a land granted to Wynn Macau Ltd in Cotai. The casino operator is currently building the first phase of its...

U.K.-listed gaming investor seeks new Asian targets

Jul 10, 2014 Newsdesk Industry Talk, Latest News, Macau, Rest of Asia

U.K.-listed Fragrant Prosperity PLC – originally established to raise funds for a 70 percent equity interest in an existing casino operation on Jeju Island, South Korea – is also interested in...

Slot maker Weike to close US$26 mln deal in late July

Jul 10, 2014 Newsdesk Latest News, Macau, Rest of Asia, Singapore, Top of the deck

Confirmation of a deal to enable Hong Kong-listed conglomerate CY Foundation Ltd to buy a maximum of approximately HK$201.13 million (US$26 million) worth of goods and services from Singapore gaming...

IGT sees increase in interest for Asian games: executive

Jul 10, 2014 Newsdesk Latest News, Top of the deck, Trends & Tech

International Game Technology (IGT) is reporting growing interest in its portfolio of slot machine games with Asian themes, says Sabby Gill, the company’s senior vice president for international...

Saipan’s Senate approves casino law revamp

Jul 10, 2014 Newsdesk Latest News, Top of the deck, World

The Senate of the Commonwealth of the Northern Mariana Islands on Thursday passed a bill to repeal and re-enact a casino law for Saipan, to “clarify ambiguities” in the original statute and fully...

VIP-room revamp hurt Wynn Macau’s market share: analyst

Jul 10, 2014 Newsdesk Latest News, Macau, Top of the deck

U.S.-based brokerage firm Sterne Agee says the revamping of two VIP rooms at hotel casino Wynn Macau has had a negative impact on the VIP overall market share of property owner Wynn Macau Ltd....

G2E Asia sees 36-pct jump in attendance for 2014

Jul 10, 2014 Newsdesk Industry Talk, Latest News

Global Gaming Expo (G2E) Asia 2014 saw a record breaking audited attendance of 8,233 daily attendees – a 36-percent increase compared to the 2013 edition, the organisers said in a statement. The...

Close to 200 fined for smoking inside Macau casinos

Jul 10, 2014 Newsdesk Latest News, Macau, Top of the deck

A total of 198 people were fined for smoking inside Macau casinos on non-smoking areas during the first six months of 2014, the city’s Health Bureau said in a statement. The bureau, in partnership...