Tag: Casino
Casino10 Apr, 2019 Delta Corp. shows 18.7% income rise in 1st quarter of 2019
Delta Corporation, India’s only gaming and hospitality company that’s listed on the market, recently saw its income surge by an 18.7% year-on-year (YoY) in 1Q 2019 (1st quarter of 2019) to INR 213.53 Crores ($32.4 million) till 31st March 2019. The bulk of the profits in the YoY compari...
Casino10 Apr, 2019 Wynn Resorts scraps $7.1 billion acquisition of Crown
Wynn Resorts, the Las Vegas based casino operator, formerly owned by headed by Steve Wynn has decided to terminate its deal of buying Australia’s Crown Resorts. The deal worth AUD 10 billion ($7.1 billion), which was supposed to be imminent, because the information got leaked, Wynn stat...
Casino09 Apr, 2019 Australia’s Crown Resorts to be taken over by Wynn
James Packer, Australian billionaire and owner of Crown Resorts is all set to let go of his venture, after a deal that includes Las Vegas-based Wynn Resorts buying it for AUD 10 billion ($7.1 billion). Both the entities are in talks with each other, and the transaction seems imminent. T...
Casino08 Apr, 2019 Sri Lanka’s casino entry fee only limited to citizens
In March this year, the Sri Lankan government imposed a casino tax with a view to increase the tax revenue. They imposed a $50 entry fee for customers who wish to enter their casinos. It had also introduced a 15% levy on the entire casino’s turnover. The Finance Minister of the country ...
Casino05 Apr, 2019 NagaCorp plans for a $4B casino project in Cambodia
NagaCorp, Cambodia’s largest hotel, gaming and leisure operator, is planning to create another integrated resort casino in the country. The project is called ‘Naga 3’ and is ambitious in its scope, with the cost for it estimated between $3.8 billion and $4 billion. The project is envisi...
Casino04 Apr, 2019 Casino execs tried to cover up Steve Wynn’s sexual misconduct
A report by Massachusetts casino regulators has stated that Wynn Resorts executives had hidden their former Chariman Steve Wynn’s sexual misconduct allegations for years. The report was brought out by the state’s Gaming Commission’s investigative team. The 5-member panel who formed the ...
Casino03 Apr, 2019 Singapore increased casino fee by 50% for residents
Singapore, a major casino hotspot in the Asian scene, recently announced hiking entry-fee for its permanent residents and for Singaporean citizens. The fee, which was previously SGD 100 (~INR 5k), will increase to SGD 150 (~INR 7.5k) and is applicable for two of the country’s Inte...
Casino03 Apr, 2019 Cyprus to get Europe’s Largest Casino Resort
Currently Europe’s largest casino resort is situated in Como, Italy called Casino di Campione. The iconic Italian casino is spread over an area of 590,000 square feet and has a total of 556 slot machines and table games and 3 bars and restaurants. On Tuesday this week, Integrated Casino...
Casino03 Apr, 2019 Cyprus to get Europe’s Largest Casino Resort
Currently Europe’s largest casino resort is situated in Como, Italy called Casino di Campione. The iconic Italian casino is spread over an area of 590,000 square feet and has a total of 556 slot machines and table games and 3 bars and restaurants. On Tuesday this week, Integrated Casino...
Casino01 Apr, 2019 Myanmar to legalize casino gambling from May
The south east Asian country of Myanmar, formerly known as Burma, is all set to legalize casino gambling in its country, in an effort to boost its tourism industry and attract foreign investment in the region. A local news outlet Myanmar Times reported that President U Win Myint has rec...
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