Casino News

January 7, 2014

Northern Cyprus a new casino haven for wealthy

With the efforts to revamp and modernize its hotels, Turkish Cyprus has become a much sought-after new casino destination for gamblers. The casino sector alone has so far brought in $600 million in revenue for the Turkish Cypriot economy, according to Turkish Cyprus’ Casino Managers Union General Coordinator Ayhan Sarıçiçek, who was speaking to daily Hürriyet. Turkish Cyprus’ casino sector […]

July 23, 2015

Wide market expected for Tigre de Cristal casino in Russia

According to Macau Business Daily, Lawrence Ho, co-chairman and chief executive officer of Melco Crown Entertainment Ltd., hopes the Russian casino-resort project Tiger De Cristal in Vladivostok, Russia will fulfill the local demands of South Korea for casinos, and will not only target Chinese gamblers, but also those from Russia, Japan and South Korea. Although Ho’s company’s other projects in […]

July 23, 2015

Alabama Judge sets hearing for VictoryLand reopening

An August 4th date has been set to consider owner Milton McGregor’s bid to reopen VictoryLand, while the state’s AG office is working to try and block the action, as well as appeal a previous ruling that determined unequal enforcement of Alabama’s gambling laws at the Montgomery County Courthouse. Once again, Circuit 15 Judge William Shashy will be hearing arguments […]

July 23, 2015

Vietnam’s Laguna Resort receives RFC extension till 15th September 2015

Vietnam is one country that has benefited greatly from the collapse of Macau’s casino industry. High stake gamblers from Mainland China have shown a preference to travel to Vietnamese casinos where the gambling laws are more relaxed. The Vietnamese government has encouraged foreign investors to set up new casinos in the country as the gambling tax generated will be extremely […]

July 23, 2015

Rivers Casino and Mohawk Harbor developers provide tour of construction site

On July 21st 2015 in Schenectady, the developers of the Rivers Casino and Mohawk Harbor are showing off their latest project. Project leaders hosted a tour of the construction site on Erie Boulevard. The tour included a walk of the eastern side of the 60-acre property where the Mohawk Harbor will be situated. The Mohawk Harbor will be a 50-boat […]

July 23, 2015

34 gambling establishments apply for South Korea casino licenses

The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled with an exodus of VIPs from Macau, several Asian countries including Vietnam, Cambodia, the Philippines and South Korea are upping the stakes to attract gamblers from nearby countries. South Korea appears to be the biggest benefactor from Macau’s decline as […]

July 23, 2015

Cambodian gaming tax revenue Up 20% first 6 Months

The Cambodian Daily is reporting that gaming tax revenue increased year on year a full 20% in the first half of 2015 to $12 million. A Finance Minister is cited as saying that the increase is due to an increase in Thai gamblers crossing the border to play in Cambodian casinos. In the January through June period of 2014, casinos […]

July 23, 2015

Malaysia’s Resorts World Genting could earn immunity from smoking ban

Malaysia, a pre-dominantly Islamic country, has extremely strict gambling laws and only one casino is permitted to operate in the country. The Resorts World Genting casino resort is a popular tourist destination for people to hang out, have fun and try their luck as the casino of the area. Malaysia has decided to tighten its public smoking laws and by […]

July 23, 2015

1st Gaming Congress Kazakhstan begins in Almaty August 20th

The gambling industry is growing in what are now known as the The Commonwealth of Independent States (CIS). The CIS consists of the former Soviet Republics of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. Before now there was has been no centralized organization for the industry players to network, share knowledge, and expand their businesses. Thus […]

August 7, 2015

Cyprus casino generating big interest

The opportunity to build a casino resort in Cyprus has several top companies looking to bid for the rights to be involved. According to a report on the in-Cyprus news website, MGM and Caesars of Las Vegas as well as Genting Malaysia and Kezner of Macau have visited Cyprus to hopefully receive licensing to build and operate the resort facility. […]

August 7, 2015

Cyprus casino vote Thursday; easy passage predicted

The government of Cyprus is reportedly satisfied with all amendments and changes that have occurred with the country’s casino authorization bill and the law is expected to be voted on and approved by a majority of Ministers of Parliament on Thursday, July 2nd. One major change in the current bill is the allowance of a single satellite, slots only casino […]

August 7, 2015

Cyprus Parliament approves casino bill

In an effort to attract additional tourism to Cyprus, Parliament approved a new bill on Thursday which will see a casino resort created in the region. The approval also includes the addition of satellite establishments, four of which can be created in Cyprus. Twenty-nine MPs of DISY, DIKO and EDEK saw the bill passed while twenty-two lawmakers voted against the […]