Macau’s casino gross gaming revenue reached MOP15.77 billion (US$1.97 billion) last month, the third highest value ever. This represents a yearly increase of 40.0 percent, according to data released by the Gaming Inspection and Coordination Bureau (DICJ), but it is also the slowest monthly year-on-year growth rate registered so far in 2010. Macau Golden Triangle… Read More
Harrah’s Assumes Management of Planet Hollywood Casino Hotel
August 31st | 2010
“Harrah’s has been in discussions with Planet Hollywood and its lender group regarding a restructuring of the ownership of the resort. We continue to work on a plan that would allow Harrah’s to own and manage the entire casino resort property,” said Gary Loveman, chairman, CEO and president of Harrah’s Entertainment. “In the meantime, we… Read More
MGM Mirage On Warpath Again
August 30th | 2010
Always protective of its trademarks, the US land gambling group MGM Mirage was on the warpath again this week, going after six Chinese webbies and accusing them of operating a website infringes its trademarks. In an action filed in a Las Vegas court, lawyers for the giant betting and hotel company claim that the defendants… Read More
MGM Mirage Changes Name to MGM Resorts Int’l
August 30th | 2010
MGM Mirage is now MGM Resorts International after shareholders of the casino operator approved a name change Tuesday in a move to emphasize the brand’s scope. Shareholders approved the rebranding at the company’s annual meeting in Las Vegas. It took effect immediately. Company officials have said the new name better reflects the resort developer’s global… Read More
Crown Casino Returning Back To Profit
August 28th | 2010
Crown Casino Ltd, Australia’s biggest casino operator, has recorded a reported net profit of AU$292.3m after a net loss of over $1bn last year. The full-year results are a significant improvement on 2008 to 2009, where company write-downs in US operations caused a loss. Shares in the company rose over 4 percent on the Australian… Read More
Sands Cotai Plot 5&6 Project Further Delayed
August 28th | 2010
Sands China said this week that the opening of its US$4 billion expansion project on Macau’s Cotai Strip area will be delayed due to insufficient construction workers, highlighting the consequences of Macau’s foreign labor restrictions on businesses. Sands China Plot 5 & 6. Cotai Strip The Las Vegas Sands unit also said its first-half net… Read More
Cruise Ships Fight Singpore Integrated Resorts
August 27th | 2010
With Singapore’s casinos opening their doors this year, cruise ships with gaming facilities are upping the stakes to retain local customers. They have been pulling out all the stops, from offering free cruises to sweetening membership deals – hoping that gamblers will still patronize them, even with a new kid already in town and another… Read More
Celebration Cruise Line Sailing to Grand Bahama Island
August 27th | 2010
Celebration Cruise Line is reaching its one year anniversary with some very exciting news for Grand Bahama Island. From West Palm Beach, Florida, the Bahamas Celebration will be sailing to Grand Bahama Island every other day. This new cruising venue has a tremendous impact on the economy of Grand Bahama Island. Celebration Cruise Line will… Read More
Norwegian’s Newest Cruise Ship Has Gaming and Largest Spa At Sea
August 27th | 2010
It is not the largest cruise ship in the world, but the newly launched Norwegian Epic, making its maiden port call to Miami this week, has plenty of firsts and superlatives to brag about. It’s the first ship to offer studios for single passengers. It has the largest spa on any cruise ship. And its… Read More
The Australian Poker Hall of Fame
August 26th | 2010
It could be said that the idea for an Australian Poker Hall of Fame started in 1987 at the first Australian Poker Championships when some of our current young guns were merely sparkles in their father’s eyes. Enthusiasm was high and we already had some champions, Egal Levy and Mike Heffernan, from Tasmania for example…. Read More
