Home / News
The race is on to find the next Macau or Singapore. With the two Asian casino markets about to become the world's No. 1 (Macau with $33.5 billion) and No. 2 (Singapore with an estimated $6 billion) gaming revenue producers, new prospects are being targeted.
When I look at the hand-painted psychedelia of the piano; the ornate, custom-made pool table; and shoe fetish art in the lobby of the Royal House, I feel a little hopeful, which hasn’t been a very common emotion these past few years.
In the summer of 2009, a Malaysian billionaire took an unexpected interest in a small town in the Catskill Mountains in New York. With little notice, he bought a stake in a racetrack casino where the owners had struggled for more than a decade to develop a gambling complex.
Twelve months into business and Singapore’s first two casino resorts Marina Bay Sands and Resorts World Sentosa have already won the jackpot for the island country. The two generated gross gaming revenue of $5.1 billion dollars in 2010.
Casino operator Pinnacle Entertainment Inc. of Las Vegas announced today it's expanding to Vietnam.
The company has entered into a $95 million deal to acquire a 26 percent equity interest in Asian Coast Development (Canada) Ltd., the developer of the Ho Tram Strip beachfront resort complex in southern Vietnam
Dublin City Council has told the government it is opposed to the opening of casinos anywhere in the capital, according to a submission by the local authority for a review of gambling law reform. The Department of Justice is currently examining the prospect of widespread legislative reform of the gambling sector here.
Chief Executive Bernard Lambert said on Wednesday that the group, which owns landmarks Hotel de Paris, Hotel Hermitage and Casino de Monte-Carlo, enjoyed a 10 percent rise in hotel sales in the fiscal year just ended.
In a nationwide crackdown on illegal gambling and fraud, 600 Serbian police officers searched 150 locations, arrested 17 people, and seized large sums of money and unauthorized gambling machines, reported the Serbian news agency Tanjug on Tuesday.
