Friday, February 23, 2018
In the Philippines, the government is reportedly confident that it will continue to earn revenues from the 46 casinos currently owned and operated by the Philippine Amusement and Gaming Corporation once these are offloaded from the state-run enterprise’s portfolio. According...
Hong Kong-based Chow Tai Fook Enterprises (CTFE) has delivered an offer to the Bahamian government in a bid to purchase the stalled $3.5 billion Baha Mar Resort there. Reports indicate that the offer includes a list of prospective operators...
After announcing a new partnership deal with the Durham County Cricket Club in August, it has now been confirmed that 188BET will remain the official main sponsor of the Wigan Warriors. 188BET worked with the club in 2010 and...
After Chinese Export Import Bank (EXIM) in effect purchased Baha Mar from themselves using a Special Purpose Vehicle (SPV) named Perfect Luck Holdings Limited, it was announced Thursday that Chow Tai Fook Enterprise Limited (CTFE) is in negotiations to...
Despite announcing in late-February that it was hoping to open a casino in the small central European principality of Lichtenstein later in the year, Casinos Austria International has now reportedly announced that it investigating the possibility of selling off...
In Canada, a casino near the city of Vancouver has reportedly drawn the attention of provincial officials concerned that wealthy Chinese gamblers may be using its services in order to launder millions of dollars in illicit cash. According to a report...
While there have been public “non-confirmation” confirmations that a sale of Las Vegas Sands Corp’s Sands Bethlehem Casino to MGM Resorts International is imminent, experts caution that such a transaction will not happen overnight, and after it comes before...
The beleaguered $3 billion-plus Baha Mar resort in the Bahamas has emerged from uncertainty by having its assets sold to an affiliate of the project’s primary lender, Export-Import Bank of China. The sale to the CEXIM affiliate entity called Perfect...
The Atlantic Club, one of the first Atlantic City casinos to throw in the towel among the five who closed-up shop in 2014, is about to be re-imagined as a large indoor water park and hotel, according to official...
Malaysian electronic gaming machine manufacturer RGB International has reportedly declared that it is hoping to deliver equipment worth about $40 million this year to clients across Asia including those in the nations of the Philippines, Vietnam, Nepal and Laos. According...
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