News

Las Vegas Asks for Extra Grace Period with Loan Payments

Las Vegas Sands
March 24, 2018

Las Vegas Sands otherwise known as LVS is arguably the top-earning casino in the world, however, even the greatest of earners has come back and stated that paying debts can be a little tough. Sort of makes you feel a little better, doesn’t it? This Monday the corporation notified the Securities and Exchange Commission otherwise known as SEC that they had decided to lengthen the initially agreed upon time period with respect to the Marina Bay Sands casino in Singapore’s debt. The loan with the Marina Bay Sands has been extended for another three and a half years, it was… Read More

$500 Million Galaxy ENT’s Project Won’t Be Stopped

Galaxy-Entertainment
March 20, 2018

Where there is a will there is a way and Macau’s Galaxy Entertainment Group or GEG really is proving this. Nothing whatsoever will stop the corporation in their plans to erect their new casino resort in Boracay in the Philippines, not even a slight technical issue. What is the technical issue, well the island is getting closed down as a matter of fact. What Galaxy Entertainment Group Had to Say Galaxy Entertainment Group’s subsidiary Leisure and Resorts World Corp or LRWC will continue to build their newest resort and casino property on Boracay despite the imminent closure of the island…. Read More

Wynn Macau in Conflict with Court over Info Disclosure

Wynn Macau
March 17, 2018

It seems that Wynn Macau must be having the worst week of the year after a court declared that the disclosure of information regarding a former executive of Philippine Amusement and Gaming Corporation or PAGCOR was unlawful. The former executive on the other hand, is probably smiling from ear to ear, after the Special Administrative Region or SAR court handed down the verdict this Wednesday. The Court’s Decision The court declared that it was entirely unethical and in breach of the laws when Wynn Macau shared the personal information of former executive Rogelio Yusi Bangsil Jr. with a US legal… Read More

South Korea Prosecutors Head to Kangwon Land After Scandal

Kangwon Land
March 13, 2018

South Korean authorities are all over Kangwon Land, and we mean all over, after a hiring scandal. The authorities snapped the casino shut over the weekend and went about seizing documentary evidence that they believe can directly pinpoint Kangwon Land as the root cause of the hiring scandal. Kangwon Land is unique in that it is the only casino within South Korea that residents of the country may gamble at. The Korea Times reported that the general prosecutor ransacked Kangwon Land over the weekend in order to procure evidence that would pinpoint a previous senior member of the tourism department…. Read More