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 […]
AGCO Fines Casino Days for Misleading Players with Bonus Offer
AGCO Fines Casino Days for Misleading Players with Bonus Offer Summary The Alcohol and Gaming Commission of Ontario (AGCO) has slapped a hefty fine on Casino Days for a bonus offer that misled players, putting vulnerable customers at risk. They’ve been fined CAD 54,000 for this deceptive promotion, which was spotted following a player complaint […]
CFG Study Raises Concerns about US Offshore Gambling
CFG Study Raises Concerns about US Offshore Gambling Summary The Campaign for Fairer Gambling (CFG) has released a report revealing alarming consumer losses in US states that legalise online gambling without properly regulating unlicensed operators. The study highlights that unlicensed gambling often leads to higher gambling losses for consumers. Key Points CFG’s report shows a […]
CBRE Raises Red Rock Resorts Price Target
CBRE Raises Red Rock Resorts Price Target Summary CBRE has upped its stock-price target for Red Rock Resorts, stating that the locals casino market is better equipped to handle potential economic downturns through 2026 compared to the Las Vegas Strip. After recent meetings with Red Rock management, analyst John DeCree highlighted the strength of the […]
