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Genting close to getting all Nevada licences: Telsey

Jun 20, 2014 Newsdesk Latest News, Rest of Asia, Top of the deck, World

Malaysia’s Genting Bhd is still waiting for all relevant official permits before starting construction on its Las Vegas casino resort, says U.S.-based Telsey Advisory Group. Last month the Nevada...

Nevada Gaming Commission chairman to retire

Jun 19, 2014 Newsdesk Latest News, Top of the deck, World

Nevada Gaming Commission chairman Peter Bernhard – who oversaw the historic move by some Las Vegas casino operators into the Macau market and the suitability inquiry into Pansy Ho Chiu King as a...

First Natural stock seesaws on Saipan casino doubts

Jun 18, 2014 Newsdesk Latest News, Macau, Top of the deck, World

First Natural Foods Holdings Ltd – a previously dormant Hong Kong-listed company that in March completed a HK$400 million (US$51.6 million) investment in Macau junket room investor Hengsheng Group...

Echo’s share price jumps on profit update

Jun 17, 2014 Newsdesk Latest News, Top of the deck, World

Shares in Echo Entertainment Group Ltd closed 2.68 percent higher on Tuesday following a statement raising its forecasts for full-year profit. The stock price had gone up nearly 8 percent on Monday...

MGM Resorts gets Massachusetts casino licence

Jun 14, 2014 Newsdesk Latest News, Top of the deck, World

Massachusetts gambling regulators on Friday gave their approval to a US$800 million MGM Resorts International casino in the state. MGM Resorts is the first casino operator to get a licence in the...

Most American casino gamblers set a budget: poll

Jun 11, 2014 Newsdesk Latest News, Top of the deck, World

Three in four Americans who gamble at casinos do so within a budget, according to the findings of a nationwide survey conducted on behalf of the American Gaming Association (AGA), a trade...

A$9.8 bln spent on pokies in year to March: study

Jun 06, 2014 Newsdesk Latest News, World

Poker machines accounted for 60 percent of the A$16.3 billion (US$15.2 billion) spent by Australians on gambling in the 12 months to March 2014, show the latest results of the Roy Morgan Gambling...

Amax extends Vanuatu deal deadline

Jun 03, 2014 Newsdesk Latest News, Top of the deck, World

Macau junket investor Amax International Holdings Ltd announced that it hopes to complete a deal to acquire a 60 percent stake in a casino in the Pacific island Republic of Vanuatu by the end of...

‘Asians’ account for 12 pct of Las Vegas visitors

May 29, 2014 Newsdesk Latest News, Top of the deck, World

The percentage of tourists to Las Vegas identifying themselves as Asian or Asian American in an official poll has risen to 12 percent in 2013 from only two percent in 2009. That’s according to the...

Genting gets OK from Nevada gaming regulators

May 23, 2014 Newsdesk Latest News, World

Nevada gambling regulators gave preliminary approval for Malaysia’s Genting Bhd to do business in the state. The Nevada Gaming Commission said it found Genting and its directors suitable, after a...