Industry news
(Macau).- It’s been eight years since Macau surpassed the Strip in annual gaming revenue. The region is creating more gaming industry billionaires than Las Vegas. The recently released Forbes 2014 List of the World’s Billionaires shows a large proportion of the wealthy who cite gambling, gaming or casinos as the source of their income also name Hong Kong, Macau, Japan, Malaysia and other international markets as their country of citizenship.In years past, Los Angeles-based financier Kirk Kerkorian, founder of what...
"We are grateful to the Korean government for their initial approval, paving the way for the opportunity to build and operate our first integrated resort in Korea," said Gary Loveman. United States.- Caesars Entertainment Corporation (NASDAQ: CZR) today announced that LOCZ Korea Corporation, a joint venture between Caesars, Lippo Group and OUE Limited, has received preliminary approval from the South Korean Ministry of Culture, Sport and Tourism to include foreigner-only casino gaming in its planned integrated resort in Incheon, South...
(Macau).- Francis Tam Pak Yuen, Secretary for Economy and Finance, said there “should be no increase” in the number of gaming concessionaires – six at present – allowed in the city following the expiry of the current permits in 2020 and 2022. “The government has not determined whether [the gaming concessions] should be renewed for five years. The government has no stance on this matter,” said Mr Tam. “But it is impossible for the government to have no stance on...
Deal congratulated the company, which has produced tickets for the Georgia lottery program since it began in 1992, calling it “a great corporate citizen.” United States.- Gov. Nathan Deal was among those who gathered Monday to celebrate the use of new technology at a south Forsyth business. Representatives of Scientific Games welcomed the governor and other dignitaries to a ribbon cutting ceremony for their new Alpha P-7, the company’s most advanced manufacturing technology for printing instant lottery games. Jim Kennedy,...
iGaming Ideas, the startup accelerator and innovation consultancy, has partnered with four new ideas in time for the ICE conference in London. iGaming Ideas was started by David Sargeant, one of the founders of Zukido, and specialises in helping new igaming products, concepts, and startups to market and the new batch of ideas reflects some of the latest igaming industry trends. The four new startups means iGaming Ideas now has twelve startups in it’s portfolio.The latest batch includes Fresh8 –...