EIDA International Investments Ltd EIDA, backed by Chinese investors, signed a memorandum of understanding with the new government of Barbuda on Saturday to build a $740 million casino resort in the Caribbean nation. The deal was signed after eight hours of negotiations after Gaston Brown became prime minister. EIDA Jang represented EIDA International at the
Japan and South Korea are likely to be the only places for Genting Singapore Plc to expand its casino operations, says a note from Union Gaming Research Macau Ltd. Genting Singapore has seen challenging trading conditions recently in its core business as a Singapore casino operator. But a snap general election in Japan scheduled for
Macau junket investor Iao Kun Group Holding Co Ltd saw its share price on Nasdaq in New York fall 12.7 percent on Monday, the same day it announced a net loss of US$12 million for the third quarter ending September 30. The shares closed on Monday trading at US$1.72 per unit. The firm’s net loss
Fragmutism Play will expand its operational reach to Ontario, Canada. This week, the main iGaming name signed a partnership agreement with provincial-based brand Northstar Gaming. The latter operates in the recently regulated Internet gaming market, and now has access to the provider’s favorite and award-winning iCashino titles. The iGaming developer and provider is an industry
Gambler Miranda Sanders will now take Saratoga Casino Hotel to court in an unjust arrest. This has to do with her cashing in the winnings and pointing out the cashier’s mistakes on February 15, 2021 at the casino for overpaid money. A police warrant was then issued and she was arrested for not returning the
England’s Football Fancast reported on the 20th (Korea time) that “Tottenham can appoint another ace as captain instead of Son Heung-min.” Football FanCast said, “Tottenham and Coach Enze Postecoglou may consider taking Son Heung-min’s captaincy and changing it to another player. Son Heung-min has not signed a new contract yet, and he may not be
Macau’s October gaming sales are on track for the steepest decline this year, and analysts expect casino gross gaming sales (GGR) to fall more than 20% year-over-year. “Macau posted a GGR of $18.7 billion ($2.3 billion) for the month, meaning its average daily revenue (ADR) was $984 million,” a note from Credit Suisse AG issued
U.S.-based casino operator Caesars Entertainment wants to build the “world’s first fly-in integrated resort” next to Manila International Airport in the Philippines (pictured). Caesars President of International Development Stephen Tait said Caesars was willing to spend $1 billion on the project. He told GGRAsia: “What’s most exciting about this opportunity is that we can create
Directors managing the Leaf Casino Trust (RCT), owner of the Leaf Hotel Casino (pictured rendering) in Queensland, Australia, on Monday recommended the trust owner sell the property to a Hong Kong-based U.S. billionaire. The move comes after Aquis Leaf Holdings Ltd Pty Ltd, wholly owned by Tony Fung Wing Cheung, former chairman of Hong Kong-based
Crown Resorts’ revenue rose 65.7% year-over-year to A$656 million (W571.3 million) for the year ended June 30, with strong growth from the Macau joint venture helping it offset flat conditions in Australia. But at Thursday’s annual general meeting in Perth, Crown Resorts chairman James Packer was cautious about Macau. Crown Resorts held a 33.6% stake