The chief executive officer of Las Vegas Sands Corporation Mr. Sheldon Adelson said that a new casino-resort in Japan could cost $10 billion. Japan is going to be world’s most perfect destination as per casino is concerned and hence many top companies of the world are looking towards Japan to make or develop their own… Read More »
Las Vegas based Wynn Casino shares rose up by 7 percent after its Wynn Palace property in Macau did well in terms of revenue. Despite good revenue results, its earnings were below analyst estimates. Wynn Casino total revenue in this quarter is $1.3 billion, which is up by 37 percent than current session last year.… Read More »
Japan’s parliament is in motion to legalise casino industry in world’s third biggest economy. The bill if passed will bring lots of new investment in the country and will create thousands of jobs. According to some market research Japanese gambling industry could be worth $40bn a year and that’s why many top casino companies of… Read More »
New Jersey Voters have rejected the idea to expand Casinos in North Jersey and that means Atlantic City is at the driving seat and will have the monopoly on gaming. Voters of North Jersey on Tuesday voted against any Casino expansion plan in the state. Associated Press projection said that “the ballot question regarding expansion… Read More »
The new $4.4 billion Wynn Casino in Macau founded by billionaire Steve Wynn is doing a bit slow in terms of making profit than it was expected by some industry analyst. The new casino property has failed to generate a high volume of revenue from the former Portuguese colony. Wynn Casino Macau limited posted a… Read More »
Casino operators in Macau have been warned to obey local laws by Macau Gaming Inspection and Co-ordination Bureau. The inspection and gaming co-ordination team had a meeting with top six major gaming operators in the city including Melco Crown Entertainment, which is backed by billionaire James Packer. The meeting was held in between local gaming… Read More »
The Sands Casino located in Bethlehem is already one of the best casino places of the country. The casino has some of the most lucrative table game rooms inside, but they are making their move towards investing at least another $40 Million to make this place a super one for visitors and players. According to… Read More »
As the New Jersey people will vote to expand casinos in the Jersey, the opponents of the casino expansion program ask, where would be the two new gambling halls be built? Most of the people of the state think that building new casinos in the northern part of the New Jersey will bring lots of… Read More »
The shares of the US casinos rallied up, after gaming revenues for Macau casinos rose for the first time in 27 months. Gross gaming revenue of the Macau based casino did well in the month of August and it was up by 1.1 percent than their previous year’s record resulting US casino revenues up for… Read More »
The newly launched Wynn’s $4.2 billion Casino Resort is on track with a slow start. An analyst watching and tracking the casino’s first few days of activity said that Wynn is attracting a number of new tourists and may be taking business from local rivals. Grant Govertsen, a Union Gaming Analyst said that Wynn Casino… Read More »