The highest ranking security official in Macau has reportedly announced that some 3,050 foreigners had been arrested either inside or near a casino last year on suspicion of being involved in illegal currency exchange activities. Suspects [...]
The local branch of global brokerage firm Sanford C Bernstein and Company has reportedly detailed that it is still too early to tell what impact recently-tightened foreign currency transaction rules will have on the casino industry in Macau. Beijing is [...]
In Macau, a slowing economy together with the prospects of a heightened trade war involving the United States and China could reportedly lead to significant challenges for the 3 foreign gambling firms that operate casinos in the former Portuguese enclave. [...]
At North Korea, construction of a brand new 30-story resort and casino to the northwest of this impoverished Asian country has allegedly been suspended amid rumors that the government of China had lodged an official objection against the coming venue. [...]
Shares in casino operator, Landing International Development Limited, have reportedly plunged amid news that the firm’s Chairman, Yang Zhihui (pictured), may have been arrested as part of an investigation into allegations of corruption. Decline [...]
Japanese pachinko operator Sega Sammy Holdings Incorporated has reportedly declared that it plans to inaugurate an expansion of its Paradise City incorporated casino resort in South Korea containing a spa and a club at the end of next March. Though [...]
The federally-recognized Mohegan Tribe has reportedly announced that its casino-operating Mohegan Gaming and Entertainment vehicle has inked a deal that will see it become the sole owner of an integrated casino resort it is hopeful of building in South [...]
