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Lucky Dragon in Vegas sold for US$36mln for non gaming

Apr 23, 2019 Newsdesk Latest News, Top of the deck, World

What was in retrospect the misnamed Lucky Dragon casino hotel in Las Vegas, Nevada, has been sold for US$36 million to a local businessman, reports the Las Vegas Review-Journal newspaper, citing...

Portion of Saipan resort part-open 3Q: Imp Pacific

Apr 23, 2019 Newsdesk Latest News, Top of the deck, World

Imperial Pacific International Holdings Ltd says a portion of the casino resort development it is currently building on the island of Saipan will “partially” open by September 30. The...

Fresh investment might delay Genting deleveraging: Fitch

Apr 18, 2019 Newsdesk Japan, Latest News, Singapore, Top of the deck, World

Fitch Ratings Inc says Malaysian operator of casinos Genting Bhd “has the liquidity” to fund its existing development projects in Las Vegas, in the United States, and in Singapore. Any additional...

LVS first quarter profit falls; Macau mass market strong

Apr 18, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck, World

Global casino company Las Vegas Sands Corp reported first-quarter net profit of US$582 million, a 60-percent decrease compared to nearly US$1.46 billion recorded in the same period last year. The...

GLI group buys IT outfit to boost data security offering

Apr 17, 2019 Newsdesk Industry Talk, Latest News, World

Assessment, testing and certification services company Gaming Laboratories International has acquired United States-based information security services company SeNet International Corp. In a press...

Anthony Rodio confirmed as Caesars Ent CEO

Apr 17, 2019 Newsdesk Latest News, Top of the deck, World

Caesars Entertainment Corp, a United States-based casino operator, has confirmed the appointment of Anthony Rodio (pictured) as chief executive, in succession to Mark Frissora. Mr Rodio – who had...

Melco C2 Paphos casino Cyprus to open later this year

Apr 16, 2019 Newsdesk Latest News, Top of the deck, World

Melco International Development Ltd, a Hong Kong-listed investor in gaming resorts, says it expects to open later this year the fourth satellite casino allowed under its consortium-based gaming...

Macau venues covered by mulled Wynn ban on founder: firm

Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck, World

A proposal by Wynn Resorts Ltd inviting regulators in Massachusetts, in the United States, to impose a rule banning the casino company’s founder Steve Wynn from the group’s resorts,...

MGM Resorts International completes US$1-bln debt offering

Apr 12, 2019 Newsdesk Latest News, Top of the deck, World

United States-based casino operator MGM Resorts International says it has completed its offering of US$1 billion of 5.5-percent senior notes due 2027, which were issued at par – the latest stage...

Maddox fit for office at Wynn Resorts, says Nevada

Apr 11, 2019 Newsdesk Latest News, Macau, Top of the deck, World

Wynn Resorts Ltd, an operator of casinos in Macau and United States, says the Nevada Gaming Control Board has deemed chief executive Matt Maddox (pictured in a file photo) a fit person – in the...