La industria de casinos de Macao se recupera en el 4T

The Macau casino industry is gearing up for a stellar fourth quarter in 2023, with a projected 10 percent sequential rise in Earnings Before Interest, Taxation, Depreciation, and Amortization (EBITDA), according to a recent note from JP Morgan Securities (Asia Pacific) Ltd. The positive outlook suggests a promising recovery for the region, surpassing pre-Covid levels and reflecting the resilience of Macau's gaming sector.

Fallece Chen Lip Keong, magnate de los casinos malayos NagaCorp

Malaysia's renowned casino tycoon, Chen Lip Keong, founder of the Hong Kong-listed casino operator NagaCorp, passed away at the age of 76 on earlier this month after battling an illness and health problems.

El dueño de Okada Manila rescata el proyecto de casino de Cebú

In the vibrant casino sector of the Philippines, where corporate dreams have in the past often manifested into reality, captivating details of a new deal with Okada unfold.

Las carreras de caballos del Boxing Day en declive

Today marks the much-anticipated Boxing Day racing extravaganza, however Kempton Park finds itself at a financial crossroads. Traditionally one of the most important days on the racing calendar, Boxing Day has seen a decline in attendance figures in recent years, mostly affecting Kempton Park, host to racing's most valuable and historic card on 26 December. The track's struggle to attract crowds has left a significant void in its revenue, with attendance numbers hovering around 11,500 in 2021 and 2022, a stark contrast to the 17,218 and just under 20,000 in the preceding years. It is evident that things have changed post-pandemic. Economic dynamics of racing feast For Kempton Park, heavily reliant on a handful of key events each year, Boxing Day represents a financial lifeline. The British Horseracing Authority's revelation that a significant majority of racing enthusiasts attend events once a year underscores the pivotal role of annual traditions like Boxing Day racing. Beyond the ticket price, the day serves as an economic powerhouse, as racegoers, akin to once-in-a-year tourists, contribute significantly to the track's revenue through food, drink and betting activities. King George card - hopes for financial resurgence The spotlight of this year's Boxing Day rests on Kempton Park's King George card, a lineup poised to capture the attention of racing enthusiasts nationwide. Featuring Constitution Hill, possibly the best hurdler of all time, and marred by Shishkin's documented refusal to run in a recent Ascot event, the card promises an exhilarating spectacle. If this racing extravaganza fails to reinvigorate Kempton's attendance figures, it raises the question of whether the track can bounce back financially. The optimism about Shishkin's participation, despite concerns, also adds a layer of suspense to the event, and the outcome may well determine the financial trajectory for Kempton Park in the coming year.

Reapertura de Hollywood Casino tras problemas técnicos en Nochebuena

n the night of Christmas Eve, Pennsylvania’s Hollywood Casino at Penn National Race Course encountered an unforeseen technical glitch that led to an abrupt closure, leaving patrons and visitors in surprise over Christmas.

FyA: Sun International adquiere Peermont en un acuerdo multimillonario

South Africa's Sun International has successfully concluded the acquisition of Peermont in a substantial ZAR7.3 billion deal. The agreement encompasses Peermont's prominent properties, including the esteemed Emperors Palace resort and the digital betting platform PalaceBet.

Inicio difícil para City of Dreams Mediterranean con 181 despidos

City of Dreams Mediterranean, el primer complejo turístico integrado de Europa, atraviesa dificultades apenas cuatro meses después de su inauguración. Tras despedir a 181 empleados, los diversos problemas han asolado el proyecto desde el inicio. La construcción del complejo se topó con obstáculos desde el principio, ya que la pandemia alteró los plazos. El fin…

El resort de Vietnam de 2,2 mil millones en Van Don gana impulso

In a strategic move to elevate the tourism landscape of the northern province of Quang Ninh, Vietnam's Planning Ministry is actively considering the development of a remarkable US $2.2 billion resort in the renowned Van Don tourist attraction.

Las Vegas llega a Dubai: MGM, Bellagio y Aria transforman el país

El proyecto The Island toma forma con un contrato de construcción sin precedentes Dubái punto de acoger una isla al estilo de Las Vegas, “The Island“, con hoteles emblemáticos de Las Vegas: MGM, Bellagio y Aria. El proyecto, llevado a cabo por el promotor Wasl frente a la costa de Jumeirah, ha ganado impulso tras…

Aumento grave de la ludopatía en Corea del Sur

South Korea is witnessing a concerning surge in teenage online gambling, prompting heightened concern from the government and law enforcement. Shocking figures reveal a 75 percent increase in teenagers seeking medical treatment for gambling addiction between 2018 and 2022.