New York Casino License, Capital Investment Minimums Set At $500 Million
New York Casino License, Capital Investment Minimums Set At $500 Million Summary The New York State Gaming Commission has set a minimum price of $500 million for each of the three downstate casino licenses. Alongside this, applicants are required to carry out a capital investment of at least $500 million. The deadline for applications is […]
Thailand bans citizens from crossing Cambodian border to work in Poipet casinos
Thailand bans citizens from crossing Cambodian border to work in Poipet casinos Summary Border tensions between Thailand and Cambodia have escalated as Thailand has banned its citizens from crossing into Cambodia to work in Poipet’s casinos and entertainment venues. The order, effective from Tuesday morning, was issued by the Royal Thai Army to ensure the […]
New York Assembly Unanimously Passes Anti-Sweeps Bill
New York Assembly Unanimously Passes Anti-Sweeps Bill Summary The New York Assembly has nearly finalised a bill to ban online sweepstakes casinos after state Sen. Joseph Addabbo’s proposal received unanimous support in the Assembly. This legislation is now just awaiting the governor’s signature to officially become law, positioning New York as the fourth state to […]
Landmark chair says satellite casino closures have already led to lease terminations in surrounding area
Landmark chair says satellite casino closures have already led to lease terminations in surrounding area Summary Chong Sio Kin, Chairman of New Orient Group, revealed that the closure of satellite casinos in Macau is creating significant challenges for the surrounding real estate market. Since the announcement of the closures, lease terminations in the NAPE area […]
Macau’s Economic Recovery Stable but Uneven: Think Tank
Macau’s Economic Recovery Stable but Uneven: Think Tank Summary The Macau Economic Association (MEA) has published a report indicating that while Macau’s economy is recovering, it’s doing so inconsistently. Key sectors such as tourism and gaming show resilience, with recent tourist arrivals averaging around 100,000 daily, leading to high hotel occupancy. However, concerns persist about […]
Landmark chair says satellite casino closures have already led to lease terminations in surrounding area
Landmark chair says satellite casino closures have already led to lease terminations in surrounding area Summary Chong Sio Kin, Chairman of New Orient Group, revealed that the closure of satellite casinos in Macau is creating significant challenges for the surrounding real estate market. Since the announcement of the closures, lease terminations in the NAPE area […]
New South Wales Premier Accused of Misrepresenting Cashless Gaming Trial
New South Wales Premier Accused of Misrepresenting Cashless Gaming Trial Summary New South Wales Premier Chris Minns has come under fire for allegedly misrepresenting the outcomes of an independent gaming reform panel’s advice concerning the state’s cashless gaming trial. Critics argue that his statements could significantly impact gambling regulations amid rising concerns over gambling harm […]
Landmark Chair Highlights Lease Terminations Due to Casino Closures
Landmark Chair Highlights Lease Terminations Due to Casino Closures Summary Chong Sio Kin, Chairman of New Orient Group (which operates the Landmark casino in Macau), discusses how the ongoing closures of satellite casinos have led to numerous lease terminations in the surrounding area. The cancellation of satellite gaming operations has stirred up challenges in the […]
Landmark Chair Says Satellite Casino Closures Have Led to Lease Terminations
Landmark Chair Says Satellite Casino Closures Have Led to Lease Terminations Summary Chong Sio Kin, the Chairman of the New Orient Group, has reported multiple lease terminations in the NAPE area of Macau following the announcement of satellite casino closures by year’s end. Landmark, a prominent player, along with nearby satellites Fortuna and Kam Pek […]
New York Assembly Unanimously Passes Anti-Sweeps Bill
New York Assembly Unanimously Passes Anti-Sweeps Bill Summary New York is set to become the fourth state to ban online sweepstakes casinos, as Sen. Joseph Addabbo’s bill passed unanimously in the Assembly. The legislation is expected to be signed by the governor, following its swift approval in both the Assembly and Senate. Source: https://ct.moreover.com/?a=57006248566&p=14e&v=1&x=9pnUGWoWITDHtnkFiINs5A&u1=ND&u2=up-urn:user:PA191813171 Key […]
