Archive for September, 2013

Hong Kong Casino Boats Feeding Off of Macau
September 22nd, 2013 By John Marsh

Hong Kong Casino Boats Feeding Off of Macau

Due in part to a swelling demand for gambling coming from mainland China, Macau has become the largest and richest gambling city in the world, bringing in $38 billion in revenue last year alone. But at hotel prices that soar over even Las Vegas rates, many working class Chinese patrons cannot afford Macau. They’ve turned […]

The World’s Largest Untapped Gambling Market: Japan
September 21st, 2013 By John Marsh

The World’s Largest Untapped Gambling Market: Japan

Tokyo, Japan is one of the biggest untapped casino markets in the world, and big-name casino brands like Las Vegas Sands Corp, Wynn Resorts Ltd, and MGM Resorts International have their sights set on what could potentially be the second biggest gaming market in the world, worth an estimated $15 billion per year. Following a […]

Chapter 13 in the Full Tilt Poker Saga
September 12th, 2013 By April Bergman

Chapter 13 in the Full Tilt Poker Saga

Full Tilt Poker players haven’t had the best of luck since the Black Friday tragedy that left thousands of US and international players without access to their online poker player accounts. The worst of the problem was that many of these Full Tilt player accounts still had money in them, and lots of it in […]

Russian Casino Project Targets Chinese High-Rollers
September 10th, 2013 By April Bergman

Russian Casino Project Targets Chinese High-Rollers

NagaCorp Ltd, Cambodian casino operator, will partner with Lawrence Ho, Macau casino tycoon, to set up shop on the Russia/China border to attract wealthy Asian high-rollers to Vladivostok. The $350 million projected venture will settle on the outskirts of Vladivostok, a port city in Russia, and will include 1,000 hotel suites to accommodate the thousands […]

Steve Wynn Rumored to Buy Back Jersey Hotel He Sold in 1987
September 10th, 2013 By John Marsh

Steve Wynn Rumored to Buy Back Jersey Hotel He Sold in 1987

An ironic twist in the fate of a 33-year-old hotel-casino in New Jersey may meet its maker…again. In 1980, Steve Wynn built the Golden Nugget Atlantic City, the southernmost hotel on the Atlantic City Boardwalk. Seven years later, he sold it for $440 million. Now Wynn is interested in owning the property once again in […]

$1 Billion Caesars Hotel-Casino Deal for Massachusetts
September 6th, 2013 By John Marsh

$1 Billion Caesars Hotel-Casino Deal for Massachusetts

Boston, Massachusetts will be the home of a brand new Caesars Entertainment Inc. hotel-casino complex. The new property will be built alongside Revere, a neighborhood in East Boston, adjacent to the Suffolk Downs Race Track. Caesars, Suffolk Downs, and city leaders signed a host community contract that will allow the two gambling brands to build […]

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