Tag Archives International

Hard Rock International loses out on Greece casino bid

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American casino operator, Hard Rock International, has reportedly had its plan to build and operate a new gambling facility on the outskirts of the Greek capital city of Athens roundly rejected by the European nation’s gaming regulator. According to a report from the Ekathimerini newspaper, the nine-member Hellenic Gaming Commission unanimously rebuffed the operator’s ...

Donaco International Limited appoints new Chief Financial Officer

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Asian casino operator, Donaco International Limited, has reportedly announced that Chong Kwong Yang is standing down as its Chief Financial Officer ‘after six years of service’ to be replaced by Gordon Lo. According to a report from GGRAsia, the Sydney-listed firm used an official filing to declare that the changeover is to become official ...

Hard Rock International unhappy with Atlantic City reception

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The boss for American casino operator, Hard Rock International, has reportedly expressed disappointment that Atlantic City hasn’t done more to welcome his firm into its community. According to multiple reports including those published by the online news domains at CalvinAyre.com and ACPrimeTime.com, Jim Allen serves as Chairman for Hard Rock International and was on ...

Pansy Ho offloads another significant MGM Resorts International stake

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In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2 million after offloading a 0.87% stake she held in parent firm MGM Resorts International. According to a Thursday report from GGRAsia, the sale of some 4.5 million shares was conducted over a five-day period ...

MGM Resorts International soliciting interest in pair of Las Vegas properties

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After recently inking lease-back deals for a pair of its properties and American casino operator MGM Resorts International is now reportedly trying to similarly offload its MGM Grand Las Vegas and Mandalay Bay Resort and Casino Las Vegas venues. According to a Monday report from the Bloomberg news service citing anonymous sources, the Las ...

Imperial Pacific International Holdings Limited caught up in FBI raids

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In the Commonwealth of the Northern Mariana Islands and agents from the Federal Bureau of Investigation (FBI) reportedly raided the Saipan office of local Governor Ralph Torres (pictured) yesterday before conducting a similar operation against casino operator Imperial Pacific International Holdings Limited. According to a Thursday report from Inside Asian Gaming, the mysterious island-wide ...

Donaco International Limited asks for permission to sanction minority investors

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Asian casino operator, Donaco International Limited, has reportedly filed an official application that would penalize two of its minority shareholders by stopping them from selling or transferring any portion of their current stake. According to a report from Inside Asian Gaming, the Sydney-listed firm decided to take action against investors Patrick Tan Teck Lee ...

MGM Resorts International contemplating further casino sales

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The boss for American casino operator, MGM Resorts International, has reportedly announced that his firm is working to implement an ‘asset-light’ strategy that could soon see it offload its giant, MGM Grand Las Vegas venue. According to a report from the Las Vegas Review-Journal newspaper, Jim Murren serves as Chairman and Chief Executive Officer ...

MGM Resorts International agrees ‘historic partnership’ with Verizon Media

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American digital media innovator, Verizon Media, has announced the signing of a multi-year deal that is to see casino behemoth MGM Resorts International serve as an official sportsbetting partner for its Yahoo! Sports division. Verizon used an official press release to declare that the alliance is to involve MGM Resorts International and its Roar ...

Donaco International Limited investors to discuss board changes

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In Australia and Asian casino operator Donaco International Limited has reportedly announced that it will be holding an extraordinary general meeting of its shareholders to discuss an application from a pair of investors that its entire board should be replaced. According to a Sunday report from Inside Asian Gaming, the Sydney-listed firm is responsible ...

City of Rockford recommends casino proposal from Hard Rock International

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In a Monday press conference, Mayor Tom McNamara said that of the three proposals received for a Rockford casino, the Hard Rock International Casino submission was “the most complete and sound proposal” and was officially recommended to City Council by the northern Illinois city. On August 30, the Seminole Tribe of Florida-owned company was ...

MGM Resorts International close to selling Circus Circus Las Vegas

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American casino operator, MGM Resorts International, is reportedly in advanced talks to offload its family-friendly Circus Circus Las Vegas property to an entity controlled by the man behind the nearby Treasure Island Las Vegas venue. According to a Monday report from the Las Vegas Review-Journal newspaper, the Las Vegas-headquartered firm reached a handshake agreement ...

Pole position for MGM Resorts International in Osaka casino license race

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American gambling behemoth, MGM Resorts International, reportedly looks best placed in the race to be selected to run the integrated casino resort being planned for the giant Japanese city of Osaka. According to a report from GGRAsia, this is the opinion of global credit ratings firm, Fitch Ratings Incorporated, following recent decisions by rival ...

MGM Resorts International eyeing MGM Grand and Bellagio Las Vegas sales

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American casino operator, MGM Resorts International, is reportedly engaged in advanced negotiations that could see it sell its MGM Grand and Bellagio Las Vegas properties to private equity firm, Blackstone Group, for approximately $7 billion. According to a Monday report from the Bloomberg news service, the giant casino firm is said to be exploring ...

Amax International Holdings Limited planning to change its name

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Asian casino and entertainments firm, Amax International Holdings Limited, has reportedly announced a plan that would see it change its name to Century Entertainment International Holdings Limited. According to a report from GGRAsia, the Hong Kong-listed enterprise used an official filing to declare that the proposed rebranding will allow it to ‘refresh the corporate ...

Imperial Pacific International Holdings Limited facing casino license renewal fine

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In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction, Imperial Palace Saipan, is to reportedly be hit with a fine of some $375,000 for the late payment of its annual casino license renewal fee. According to a report from the Saipan Tribune newspaper, Imperial Pacific International Holdings Limited was ...

Donaco International Limited sees annual loss grow on the back of impairment charges

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Asian casino operator Donaco International Limited has reportedly released its financial results for the twelve months to the end of June showing that its annual loss had widened by 55.8% year-on-year to hit nearly $130.88 million as a result of some $134.99 million in non-cash impairment charges. According to a report from GGRAsia, the ...