News

Costa Rica Getting a $400 Million Casino

Costa Rica
May 1, 2018

Costa Rica wants their City of Dreams or at least it seems that way with the casino proposal—Casino City Caribe. The project will spend $400 million to create the integrated casino on the Caribbean coast. It will be built in Moin, with construction beginning in early 2019. Several phases are designed for the project, all of which will take until 2027 to be fully complete. The casino operator thoroughly vetted the Costa Rican gambling rules to ensure they could get a winning proposal. With the success of gambling around the world, it seems time for casino profit to change from… Read More

Jeju Shinhwa Revenue Record for Q1 2018

Jeju Shinhwa Revenue Record for Q1 2018
April 28, 2018

Korea is in the spotlight again, but this time it is more favorable than March’s hiring scandal. The positive news from South Korea is all about Jeju Island. Jeju was once a prison island, where criminals would be sent to live out their days working for the government or live in exile. It is a location that Japan, and South Korea continue to fight over with regards to ownership. It is also the home to several South Korean casinos and integrated resorts like Jeju Shinhwa. The casino located at Jeju Shinhwa World opened in February 2018. With only a month… Read More

Social Poker Apps in Trouble with China

Social Poker Apps in Trouble with China
April 24, 2018

While countries, such as Myanmar are becoming more open to casinos and gambling, China remains steadfast in what they will and will not allow. China is making it difficult for companies to open new casinos in Hainan, but also want the integrated resorts that are there to earn a high revenue. The government is also relaxing a little about Macau, which shows in the higher revenue. China is banning social poker apps, which is going to be felt throughout Asia. The ban will begin June 1st. Many of the online poker operators are gearing up for the full impact the… Read More

Melco Resorts Buys 20 Electric Buses

Melco Resorts Busses
April 21, 2018

Where negative news seems to follow Wynn Macau, Melco Resorts is gaining a favorable opinion. Melco Resorts and Entertainment posted impressive revenue for 2017, which is gaining investors. The analysts are not sure the stock price is worth it, but then again, the company is gaining in opinion with their newest move. Melco Resorts bought twenty electric buses, which will be used in Macau. The corporation is looking at the mass market visitors Macau is trying to attract. It is not just about the casino industry, but also about gaining more travelers to the island for shopping, relaxation, and entertainment…. Read More