Casino News

Temmuz 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 […]
Temmuz 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 […]
Temmuz 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 […]
Temmuz 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 […]