Phil Satre is set to join Wynn Resorts this week, after gambling technology group International Game Technology (IGT) confirmed his resignation as Chairman of the Board.
The Massachusetts Gaming Commission has given Wynn Resorts the green light to a state licence for its under-construction casino resort at Boston Harbor.
Breaking down all the week's news into a set of easy to manage figures...
May marked the 10th consecutive month of gaming growth in Macau, according to new data from the territory’s Gaming Inspection, and Coordination Bureau (DICJ).
Analysts caution against reading too much from January’s figures with the Chinese New Year celebrations still in progress and new properties in Cotai still bedding in
After gross gaming revenue in the fourth quarter was reported to have been 10 percent up year-on-year, analysts caution that operating profits hasn’t followed in lock step.
An attempt by the Chinese authorities to halt the flow of renminbi out via ATMs in Macau caused a flurry of fear among trigger-happy investors despite analysts believing the move wasn’t aimed in the direction of the casinos
The ‘new era’ represented by the election of Donald Trump to the US presidency will have consequences both good and bad for the gaming industry.
The openings of the Wynn Palace and particularly Sands China’s Parisian Macau properties add weight to revival hopes in Macau though Premier Li’s two-day visit to the territory will pose challenges in October.
Junket operator Iao Kun maintain the closure of three rooms in Macau are the result of an internal strategic review as report shows hopes for mass market uplift are on hold.