Category: Casino News

Sales of official lottery products in mainland China rose 9.0% in April from the previous year, according to data from China’s finance ministry. The finance ministry said Wednesday that total April sales were nearly 41.71 billion yuan ($6.5 billion). Welfare lottery sales rose 5.3% year-on-year to 19.91 billion yuan and sports lottery sales rose 12.7% …

Aquis Casino Acquisitions Pty Ltd said it was “under consideration” of plans to build an Australian casino resort (artist rendering photo) worth A$8.15 billion ($7 billion). The decision came after the company’s offer to buy an existing casino site in Queensland fell through after delays in obtaining necessary regulatory approval. Aquis is wholly owned by …

Jeffrey H. Schwartz, a former non-executive director of Sands China, a Macau-based gaming operator, died on Nov. 19. The announcement was made at Las Vegas Sands Corporation, the parent company of Sands China. Schwartz, 55, was a member of the board of directors of Las Vegas Sands. “Schwartz was a valued board member who contributed …

A casino operator in the U.S., which is developing a gaming resort in Incheon, South Korea, has confirmed that the interim chief executive officer will officially become the president and CEO. U.S. tribal casino operator Mohegan Gaming and Entertainment said Thursday that Ray Pino would immediately take up the role. Mr Pinot, pictured, had been …

Nagakov, the Hong Kong-listed casino operator, said it would issue an additional 7.95% senior bond for a total principal amount of $200 million. The bond, which is not converted into shares, is due on July 6, 2024, it filed on Monday. Nagakov is an exclusive casino operator in Phnom Penh, Cambodia’s capital, running Nagakov Casino …

Vietnamese media said in a statement that Macau casino operator SJM Holdings reported interest in “a $6 billion resort and casino complex project in the city of Cuinone” was “a complete fabrication.” Cuinone is a coastal city in the central Vietnamese province of Binh Dinh. “Rumours of SJM Holdings’ involvement in casino projects in Vindin …

Border casino operator Donaco International posted a post-tax loss of nearly A$8.9 million ($6.4 million) in the half-year to Dec. 31, down from A$42.5 million profit in the same period a year ago, it said in a Monday filing with the Australian Stock Exchange. No dividend was paid for the half-year to Dec. 31. The …