The recent decision by the government of Macau to extend the casino license of MGM China Holdings Limited by a further two years will allow the operator to improve its ‘capacity to finance the business’ and prepare ‘for future capital [...]
There are reportedly only three American casino operators that currently have enough financial clout to purchase the entirety of Caesars Entertainment Corporation while any other such interested local parties would only be able to acquire the available [...]
Las Vegas Sands Corporation has released its unaudited financial results for 2018 showing that it experienced a 7.8% increase year-on-year in net revenues to $13.729 billion alongside an associated 8% rise in casino income to $9.819 billion. Dominant [...]
Lobbyists allegedly working for American casino magnate, Sheldon Adelson (pictured), may have reportedly played a significant role in getting the United States Department of Justice (DOJ) to change its stance concerning sections of the Interstate [...]
The United States Department of Justice (DOJ) has reportedly announced that it’s to provide online gaming companies around 90 days to alter their own policies and practices so as to comply with its most recent stance about sections of the Interstate [...]
Integrated resort developer and operator in Macau, Sands China Ltd (1928:Hong Kong), has reportedly paid all its eligible employees a discretionary incentive, the equal to a month’s wages, according to the Friday announcement. Citing a Sands [...]
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. [...]
The last twelve months have reportedly observed the aggregated value of stocks in nearly all vegas -established gambling companies diminish by over 30% as investors wrestled with fears of a looming recession and issues surrounding the United States’ [...]
