Imperial Pacific Int’l Wants To Take Its Casino Fight to the US Supreme Court

The future tense of Imperial Pacific Ocean International (IPI) in Saipan remains unclear as it ease owes millions of dollars for its Imperial Palace casino license. As the threat of losing its casino exclusivity looms, despite the cassino being shuttered for iii years, IPI wants to read its compositor's case…

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VEGAS MYTHS BUSTED: Las Vegas is the World’s Gambling Capital

What happens in Macau ostensibly stays there, too, because few Las Vegas admirers actualise that this Chinese metropolis has been the gaming cap of the reality for 15 of the last 18 years. Sin City began playing endorsement urban center inwards annual gambling revenue inwards 2006, when Macau — the only…

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LVS Says It’s Not Pursuing Major Loans for Marina Bay Sands Expansion

Reports surfaced Th that Las Vegas Sands (NYSE: LVS) is seeking upward to $7.5 one million million inward loans to finance enhancements and elaboration at Marina Bay Sands in Singapore. However, the gaming company denied it is looking for for capital. In local currency terms, loans of that sizing…

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Melco Resorts Credit Outlook Upgraded by Moody’s

The outlook on Melco Resorts & Entertainment’s (NASDAQ: MLCO) credit entry rating was upgraded to “stable” from “negative” past Moody’s Investors Service. That displace comes on the heels of warm third-quarter results issued last calendar week by the City of Dreams operator. Rising gross gaming revenue (GGR) inward…

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Nepal Bans TikTok as Gambling, Hate Speech Disrupt ‘Social Harmony’

In a run to preserve the nation’s “social harmony,” Nepal’s authorities declared a forbiddance on using TikTok on Monday. While the government did not supply a specific reason for its decision, concerns regarding the front of gambling content, hatred speech and anti-government stuff on the political program are…

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Macau Casino Stocks Are Again Deeply Discounted

Third-quarter earnings updates from the half-dozen Macau concessionaires were mostly strong, but shares of the cassino operators haven’t reacted and the stocks are now outstandingly discounted. So practically so that the combined market capitalisation of the sixer gaming companies doing business inward the Chinese enclave is back to where…

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Sands China’s Londoner Only Macau Hotel on China 10 Best List

Sands China’s Londoner Macau on the Cotai Strip was included on the 2023 Conde Thomas Nast Traveler Gold List, making it the only when hotel in the gaming mecca to garner “China Top 10 Hotels” identification from the publication. Conde Nast Traveler is a sumptuousness locomote and lifestyle cartridge…

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Macau Grand Prix to Usher in Tourists, Hotel Occupancy Expected to Top 90 Percent

The Macau Grand Prix celebrates its 70th day of remembrance next month, and tourism officials inward the Chinese casino enclave are betting on a strong turnout for the ii weeks of racing. The Macau Grand Prix offers a bit of everything for motorsports enthusiasts. The annual street electric circuit event…

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Macau Junket Concessions Capped at 50 for 2024, Casino Partners Limited

The list of Macau junket groups that predominantly admit high-pitched rollers from mainland mainland China and other Asiatic markets testament live modified start inwards 2024. Macau’s Gaming Inspection and Coordination Bureau (DICJ) today announced it testament government issue a upper limit of 50 licenses for junket groups next year.…

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Macau Casinos Review Cybersecurity Systems Following Attacks on US Operators

Macau casinos experience undergone intensive reviews of their cybersecurity systems following recent attacks on US operators, namely MGM Resorts and Caesars Entertainment. MGM’s Las Vegas and regional operations crosswise the US remain disrupted because of a cyberattack on the casino company’s IT systems that started on Sunday, Sep…

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