As part of its ongoing expansion in Macau, Galaxy Entertainment Group Ltd (27:Hong Kong) (GEG) has announced its Galaxy Macau Phase 4 project, which comes in at a reported cost of MOP$13.01 billion (US$1.63 billion). The Asian casino operator has enlisted Hong Kong-headquartered China State Construction International Holdings Ltd subsidiary, China Construction, to provide ...
Caesars Entertainment Incorporated abandons South Korea development
American casino operator Caesars Entertainment Incorporated has reportedly sold off its interest in a $767 million gambling-friendly development it is was helping to build in South Korea. According to a report from GGRAsia, the Las Vegas-headquartered firm partnered with Guangzhou R&F Properties Company Limited in 2016 in hopes of being able to open the ...
December 18 premiere for South Korea’s Jeju Dream Tower development
In South Korean and local casino operator Lotte Tour Development Company Limited has reportedly announced that its Jeju Dream Tower development is set to open next month complete with a 1,600-room Grand Hyatt hotel. According to a report from Inside Asian Gaming, the $1.42 billion property for the semi-autonomous island of Jeju has already ...
Station Casinos persevering with new Las Vegas development
In Nevada and local casino operator Station Casinos is reportedly pushing ahead with plans to bring a new casino development to a 71-acre parcel of vacant land it already owns in the southwestern suburbs of Las Vegas. According to a Tuesday report from the Las Vegas Review-Journal newspaper, the plot situated at the junction ...
Junket boss acquires significant stake in Macau Legend Development Limited
In Macau and an entity controlled by local businessman Chan Weng Lin (pictured) has reportedly paid approximately $173 million in order to purchase a 20.65% stake in Asian casino operator Macau Legend Development Limited. According to a report from GGRAsia, the acquisition was carried out by the junket entrepreneur’s British Virgin Islands-registered Perfect Achiever ...
New sports betting product development company Simplebet officially launches
After raising more than $35 million in funding, to date, including a Series B round of $11 million that closed in March, New York-based B2B product development company Simplebet has officially announced its launch. The company looks to help create products for professional leagues with sports betting providers such as DraftKings. Founded in 2018 ...
EveryMatrix debuts casino games development company ARCADEM as first RGS Matrix client
Malta-based software development company EveryMatrix has launched its very first RGS Matrix client, ARCADEM. Established in 2020, the up-and-coming games studio will utilize the ‘out of the box’ remote gaming server to make, deploy, and distribute its complete gaming portfolio. Coming soon: Scheduled for September release, The Neon Samurai Kawa, is the developer’s first ...
More development cash for Vietnam’s coming Hoiana casino resort
In central Vietnam and two of the firms behind the under-construction Hoiana integrated casino resort have reportedly agreed to provide the giant project with a loan worth approximately $60 million. According to separate reports from Inside Asian Gaming and GGRAsia, the coming $4 billion development located some 21 miles south of the port city ...
Microgaming welcomes Las Vegas-based development studio SpinPlay Games to aggregation platform
Adding to its world-class lineup of content partners, gambling software company Microgaming has welcomed yet another studio to its aggregation platform after signing an exclusive agreement with Las Vegas-based SpinPlay Games. Founded in 2019 by a team of experienced mathematicians, the up-and-coming developer “focuses on balancing intricate mathematical models with design process and aesthetic ...
Casino operating license for Vietnam’s coming Hoiana development
In central Vietnam and the firm behind the under-construction Hoiana integrated casino resort has reportedly announced that it has been granted a local casino operating license that is to remain valid until December of 2080. According to a report from Inside Asian Gaming, the revelation from Hoi An South Development Company Limited means that ...
Landing International Development Limited heading to court
The man behind Asian casino operator, Landing International Development Limited, has reportedly announced that he will be filing a civil lawsuit against a pair of investors who are maintaining to control just over half of the firm’s shares. According to a report from GGRAsia, Chinese casino magnate, Yang Zhihui, revealed on Friday that he ...
More development cash for Tigre de Cristal operator
Asian casino operator, Summit Ascent Holdings Limited, has reportedly announced that it is hoping to raise approximately $38 million via a share issue to help fund the planned expansion of its Tigre de Cristal venue. Investor interest: According to a report, the Hong Kong-listed firm used an official Thursday filing to declare that it ...