Beijing

Macau awaiting impact of new rules


Saturday, February 16, 2019

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 tightening its belt: According ...

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Potential uncertain future for Macau casino firms


Tuesday, January 15, 2019

In Macau, a slowing economy alongside the prospects of a heightened trade war between the United States and China could reportedly lead to significant challenges for the three foreign gambling firms that operate casinos in the former Portuguese enclave. Expert analysis: According to Friday ...

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Bad day for Landing International Development Limited


Friday, August 24, 2018

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 followed disappearance: According to a report from GGRAsia, the deterioration began ...

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Paradise City to be expanded


Monday, May 14, 2018

Twitter Japanese pachinko operator Sega Sammy Holdings Incorporated has reportedly announced that it intends to inaugurate an expansion of its Paradise City ...

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South Korea deal for Mohegan Gaming and Entertainment


Thursday, May 10, 2018

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 Korea. According to a Monday report from The Day newspaper, Mohegan Gaming and Entertainment, which was ...

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