China State Construction Engineering Corporation secured a contract worth $1.2 billion for constructing The Island Project in Dubai. It is the company’s biggest deal since 2017. Located on an island 10.5 hectares off the coast of Umm Suqeim, the Island project is set to become a five-star resort where world-classContinue Reading
As hotel room prices in the Lion City have skyrocketed to record levels this year, Genting Singapore, controlled by Malaysian billionaire Lim Kok Thay, is investing an extra S$2.3 billion ($1.7 billion) to refurbish its Resorts World Sentosa (RWS) casino complex. The Urban Redevelopment Authority announced preliminary permissions for theContinue Reading
The Special Administrative Region government estimates Macau casino revenues to reach $27 billion next year. It is due to the resurgence in the casino sector. Also, the revival will improve Macau’s financial position. In addition, it can lead to a surplus. Macau Business reported that the Macau Special Administrative RegionContinue Reading
The Detroit Casino Council (DCC) said on Monday that if a contract agreement is not reached by Tuesday noon, the city’s 3,700 casino workers will go on strike. A strike has been announced to affect operations at Penn Entertainment’s Hollywood Casino at Greektown, MGM Resorts International’s MGM Grand Detroit, andContinue Reading
New York state officials are pressured to sign a new Seneca gaming compact before the deal expires in less than ninety days. However, there is no progress in the negotiations with the Seneca Nations of Indians. According to online gambling reports, Assemblyman Joseph M. Giglio, representing the 148th District inContinue Reading
International Entertainment Corporation announced its plan to invest in a new Manila integrated casino resort. The Hong Kong-based firm will set a budget of $1.2 billion for the project. The company signed a Provisional License Agreement with the Philippine Amusements and Gaming Corporation for the new casino resort. IEC co-managesContinue Reading
The Philippine Amusement and Gaming Corporation (Pagcor) partnered with the Development Academy of the Philippines (DAP) to privatize its casinos. In a statement released on Tuesday, Pagcor said that it needs DAP’s technical assistance in complying with the documentary requirements of the Governance Commission for Government-owned and Controlled Corporations (GCG)Continue Reading
A judge from Delaware ruled that Universal Entertainment Corp does not need to complete its Philippine casino merger with 26 Capital Acquisition Corp. Vice Chancellor Travis Laster said that the Okada Manila owner does not need to complete the merger worth $2.5 billion. According to the judge, 26 Capital engagedContinue Reading
The Iowa Tribe of Oklahoma started the construction of the Harrah’s Oklahoma Casino Resort. They partnered with Caesars Entertainment for the project. Among Oklahoma’s 38 federally recognized tribes, the Iowa Tribe is one of many that run casinos under Class III compacts with the state. The Iowa Tribe, a sovereignContinue Reading
SPRIBE, a pioneer in next-generation casino games, has partnered with one of the industry’s most prestigious providers of iGaming platforms and sports betting solutions. This means that partner operators may have access to industry-leading and player-favorite games through FSB’s iGaming platform and install content from SPRIBE. Aviator, one of theContinue Reading
