#Sands

Casino giant Las Vegas Sands is in talks to bring a destination resort-style casino to Texas if approved by the state,a representative for the company informed legislators on Wednesday. The casino and resort firm is spearheading the effort to expand gambling in Texas to include commercial casinos that provide resort-style amenities such as hotels,…

Since announcing it wants to build a casino in Uniondale, Sands New York has spread money around Nassau to sponsor a wide range of local programs, including bringing in soccer superstars and a former NFL star to grace a youth events. The group also has sponsored Irish American government day in Garden City, training programs at Nassau Community…

In recent years, mobile casinos have been on the rise in South Africa and all over the world. A couple of years ago, you could only play online casino games on your desktop computers or laptops. Worse still, punters would only opt to use their home internet as mobile data was unaffordable. However, with the increasing availability of smartphones…

Hofstra University is this week the newest opponent of the construction of a proposed New York casino by Las Vegas Sands, an American casino and resort company based in Las Vegas, Nevada. According to the proposal, the Las Vegas giant would build an entertainment venue on the site of the Nassau Coliseum in New York, which would consist of a hotel,…

Are you feeling lucky? If you're a fan of casinos and gambling, then you know there's nothing quite like the thrill of hitting the jackpot or winning big at the tables. But if you're looking for something more than just a night out at your local casino, why not consider a casino vacation? From the bright lights of Las Vegas to the glamorous casinos…

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…

When it comes to planning a weekend getaway, there are a plethora of options to choose from, but few provide the excitement and entertainment of casino cities. Whether you're a high-stakes gambler or a casual player, these cities offer endless entertainment, dining, and nightlife options that are sure to keep you entertained for days. In this…

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Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), announced it has no plans to legalise the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

The gambling industry, including the relatively new phenomenon of "casino tourism," has flourished since the introduction of the Internet. While the popularity of online casinos is undeniable, this does not indicate that brick-and-mortar casinos are in decline. Land-based casinos attract staggering numbers of visitors, with Las Vegas and Macau…

Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), says it has no plans to legalize the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Looking for a great casino to visit in Pennsylvania? Look no further! We have compiled a list of the 10 best casinos in the state, based on player feedback and our own personal experiences. Whether you're looking for big jackpots, luxurious surroundings, or good food and entertainment, we have you covered. Keep reading to learn more about each of…

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Whether you are a Singaporean or you are just interested in online gambling, you are likely to find a good number of licensed sites to choose from. If you are interested in live dealer games, these are much more popular than RNG or software-based ones. Online gambling is a growing trend in Singapore, with more people engaging in digital forms of…

The Havenick family's era at Magic City Casino is officially over. PCI Gaming Authority, an affiliate of Alabama-based Poarch Band of Creek Indians, paid $96 million for the nearly 30-acre gambling site at 450 Northwest 37th Avenue, according to records and Vizzda. The deal is part of PCI's acquisition of Magic City Casino's operations, inventory,…

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…

PCI Gaming Authority's purchase of the Magic City Casino has closed. A deed recorded Monday in Miami-Dade County lists the sale price as $96 million, though experts have estimated the full value of the deal to be closer to $600 million, as reported by the Miami Herald. The property includes a license to operate slot machines, poker and electronic…

There is nothing better for novices than a no deposit bonus at an online casino. Want to try out a new casino before committing a real money deposit? Then, take a look at this article in which we'll discuss some pros of no deposit bonuses while also recommending you the best South African gambling platforms offering bonuses! In that case, let's not…

PCI Gaming Authority's purchase of the Magic City Casino has closed. A deed recorded Monday in Miami-Dade County lists the sale price as $96 million, though experts have estimated the full value of the deal to be closer to $600 million, according to the Miami Herald. The property includes a license to operate slot machines, poker and electronic…

Thanks to this new partnership, the Venezuela-based Track and Races will be able to significantly strengthen its iGaming library, bolstered by a range of products provided by Pragmatic Play. Pragmatic Play will leverage its slots and live casino portfolio to considerably strengthen Track and Races' reach in the local market and offer players an…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Boyd Gaming had a simple message to real…

Gambling has always been a popular form of entertainment and with the advent of technology, the rise of top online casinos has only increased its reach and accessibility. However, nothing beats the thrill and excitement of visiting a real-life casino, surrounded by the glitter and glamour of the gaming world. For those seeking the ultimate casino…

Are you ready for a high-rollin', high-flyin' time near the UN? Yet another entrant has joined the field in the fierce bidding war for a casino license in New York City - this time led by a billionaire developer who also wants to construct a huge Ferris wheel on vacant land just south of the United Nations. The wheel is the centerpiece of a joint…

The 65 rating InvestorsObserver gives to Las Vegas Sands Corp. (LVS) stock puts it near the top of the Resorts & Casinos industry. In addition to scoring higher than 87 percent of stocks in the Resorts & Casinos industry, LVS's 65 overall rating means the stock scores better than 65 percent of all stocks. LVS has an Overall Score of 65. Find out…

Invariably, a hot-streaking enterprise like Las Vegas Sands (NYSE:LVS) raises concerns about whether it can continue skyrocketing. Obviously, no one wants to buy at the peak only to hold the bag later. However, Las Vegas Sands may indeed overcome objections based on a key catalyst: China, China, China. Therefore, I am bullish on LVS…

Nassau County could become the home of a full-service casino and resort.The New York Gaming Facility Location Board voted on Tuesday to open up the application process for three downstate casinos.Voters approved a constitutional amendment in 2013 to allow the state to grant full-gaming licenses for up to seven private casinos statewide.The first…

Shares of Macau casino operators posted gains of between 3% and 5% after official data released by the Special Administrative Region (SAR) of China's government revealed that gambling revenue in January nearly doubled. Macau casinos generated MOP11.58 billion ($1.44 billion) in gross revenue in the first month of 2023 to post an increase of 82.5%…

A partnership is in the works between Nassau Community College and the developers of a proposed Uniondale casino.Under the deal, the college would have a training center for workers at the casino and entertainment resort.In exchange, Las Vegas Sands would provide internships and possible job opportunities for students.Officials at Hofstra…

Shanghai, China, Feb 1 (EFE).- Gross billing from casino gaming in Macau shot up 82.5 percent year-on-year in January after the end of restrictions stemming from China's "zero Covid-19" policy. The income of this industry amounted in the first month of the year to some MOP 11 billion ($ 1428 million), according to data released Wednesday by the…

A partnership is in the works between Nassau Community College and the developers of a proposed Uniondale casino.Under the deal, the college would have a training center for workers at the casino and entertainment resort.In exchange, Las Vegas Sands would provide internships and possible job opportunities for students."We have a hospitality…

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

While most of us spent December with family, friends, and a slew of old traditions, some packed up and went gambling during the last month of the year. In fact, new reports suggest that casino stocks are likely in for an impressive December. Though whether or not they can continue is anyone's guess. The word from the Nevada Gaming Control Board…

After more than two decades, a developer's megaproject could finally take root at the sprawling, fallow site near the United Nations headquarters in Midtown. Its latest bid: a proposal for Manhattan's first Vegas-style casino. Soloviev Group, the longtime owner of the 6.7-acre plot, said on Tuesday that it will partner with Mohegan, the casino and…

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

New York State has made million in tax revenue from online sports betting and casinos and soon there may be a "Vegas" style casino located in the state. Currently, there are 12 land-based casinos in the state which are overseen by the New York State Gaming Commission. Also within the state border are 15 tribal casinos that are regulated by the…

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

Hofstra University president Susan Poser's op-ed opposing Las Vegas Sands' proposal at the Nassau Hub was curiously quiet on the important fact that the project would create thousands of good union construction jobs and long-term careers for Long Islanders and Hofstra graduates ["A casino at the Hub is a very bad idea," Opinion, Jan. 17]. It is…

Online casinos have enjoyed a dramatic surge in popularity over recent years, and with land-based establishments forced to close their doors for prolonged periods during the global pandemic, a growing number of gambling enthusiasts began logging on to get their fix of Blackjack, Baccarat and other popular games online. With many of the…

Czech National Bank purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38177 shares of the casino operator's stock, valued at approximately $1432000. A number…

This year, a New York politician wants to legalize complete casinos near New York City. Sen. Joseph Addabbo, a Democrat from Queens, said that he doesn't wish the licensing procedure for three casinos in the metro region that are designed to resemble Las Vegas to "linger." Addabbo chairs the state Senate's Committee on Racing, Gaming, and…

Las Vegas Sands (NYSE: LVS) announced its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York. The company said it has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. The transactions…

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Las Vegas regularly attracts huge numbers of tourists eager to enjoy the city's super-sized penchant for visual shows. Visual entertainment in Las Vegas comes in many forms. These include major entertainment performances such as Cirque du Soleil at Bellagio Resort & Casino, which is operated by MGM Resorts International (MGM) - Get Free Report. Sin…

Nassau civic associations protest proposed Sands casino project at Nassau ColiseumHomeowners from Uniondale and neighboring communities came out Friday morning to demonstrate against the proposed plan to bring a casino to Nassau Coliseum.Las Vegas Sands is hoping to receive a gambling license from the state that could enable them to build a new…

The race to build New York's first full-service casino is going upscale. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The project is one in a growing list of bids to secure…

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Texas House Speaker Dade Phelan said he is open to bringing resort-style casinos to the state. In a brief interview with reporters on Thursday, he said he believes voters would approve the constitutional amendment needed to expand gambling. As reported by Dallas News, Phelan said that while he does not want to see gaming spread limitlessly,he would…

A New York lawmaker is pushing for full casinos to be licensed in the New York City area this year. Sen. Joseph Addabbo, D-Queens, told Gambling.com he doesn't want the licensing process for three Las Vegas-style casinos in the metropolitan area to "linger." Addabbo is chairman of the state Senate Committee on Racing, Gaming and Wagering. Any delay…

State of New Jersey Common Pension Fund D cut its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205785 shares of the casino operator's stock after selling 5204 shares during the quarter. State of New Jersey…

UNIONDALE, N.Y. -- A Las Vegas-based casino and resort giant wants to bring gambling and a multi-billion dollar entertainment complex to the undeveloped area around Nassau Coliseum. There have been other doomed ventures on the site, but some are giving this one good odds. Las Vegas Sands, one of the biggest names in gaming, has big plans for the…

NASSAU COUNTY, Long Island (WABC) -- The Las Vegas Sands announced plans Thursday to pursue the development of a multi-billion dollar casino and entertainment project on Long Island. The company has agreed to purchase the long-term lease of the Nassau Veterans Memorial Coliseum. It would allow the company to control about 80 acres in Nassau…

The operator has agreed to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. While the deal remains subject to certain approvals, the transaction would grant Sands control of up to 80 acres. Initial plans for the development state casino gaming would represent less than 10% of the total square footage…

News 12 Long Island has learned that Las Vegas Sands is looking to develop a multibillion-dollar flagship hospitality, entertainment and casino project at Nassau Coliseum.The decision to pursue the development comes after the recent release of the New York State Gaming Commission's request for application for three downstate New York gaming…

Nevada-based casino and resort giant Las Vegas Sands is reportedly eyeing Nassau County for a potential casino application in New York, according to local media. The firm's interest in pursuing an opportunity in the Empire State follows a New York Gaming Facility Location Board vote on Tuesday that opened up the application process for three…

Sensing opportunity, the Las Vegas Sands entered New York's casino sweepstakes, setting its sights outside of the city. The Sands entered into an agreement to purchase the long-term lease of the Nassau Veterans Memorial Coliseum site in Uniondale on Long Island, News 12 Long Island reported. Financial terms of the agreement, which requires further…

Smartphones and other gadgets have reshaped the community during the last few years, and different industries needed to change to fulfill new technological requirements. The gambling industry is not an exception. Smartphone companies allowed downloading of various gambling apps from their app stores, and it increased the amount of mobile…

The casino and resort giant from Las Vegas, Las Vegas Sands, has begun working on its expansion plans. The company has submitted a bid to gain the rights to build a new tourism destination on the site of the Nassau Coliseum in downstate New York. The plans for building a new property include private funding, and the destination is expected to be…

Whether you are a casino tourist who travels to a location specifically to visit one or more casinos or just a leisure traveler who likes taking advantage of the entertainment and dining options offered by the casino, we bring five hotels to your attention for your 2023 travel plan. We select 5 hotels from 5 different locations. Las Vegas is a…

Las Vegas Sands has proposed turning the largely dormant Nassau Veterans Memorial Coliseum in Uniondale into a casino as New York State considers applications to open three such facilities in the downstate region. "We strongly believe Long Island can be home to one of the region's great entertainment and hospitality developments," said Robert G.…

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…

Las Vegas Sands has confirmed that it is pursuing the development of a multi-billion dollar hospitality, entertainment and casino project on Long Island, New York, with the recent release of the New York State Gaming Commission Application for three gaming licenses in the center of New York State. The company has signed agreements to purchase the…

Las Vegas Sands, the casino and resort company, has submitted a bid to build a privately-funded, multibillion dollar tourism destination on the site of the Nassau Coliseum, after striking a deal to become the new tenants on the county-owned property, officials confirmed to Newsday. Officials with knowledge of the proposal, which would include a…

Stocks of casino operators with exposure to Macau, an administrative region in China and a major gambling destination, have rallied recently on hopes of strong recovery following the easing of COVID-19 restrictions. Moreover, Macau granted new licenses to six casino operators in late 2022 for a period of ten years. Additionally, certain analysts…

PA poker players can now play in stylish new digs in the Lehigh Valley. Wind Creek Bethlehem has finally unveiled a revamped room with added amenities, after operating with a temporary poker room since October of 2021. Opened in late December, the room is located across from the Table Games Salon in the corner of the casino floor. The new poker…

The first eight days of January saw the average daily Macau casino gross gaming revenue (GGR) more than quadruple the daily average attained in the fourth quarter. JP Morgan Securities (Asia Pacific) Ltd projected Macau daily GGR at MOP2.1 billion (US$261.1 million) for the first eight days of the new calendar year, "implying around MOP260 million…

Las Vegas Sands Corp. (LVS) is the highest overall rated company in the Resorts & Casinos industry with an overall score of 77. LVS is up 44.88% so far this year after the company closed yesterday at $52.78. The overall score measures the company's performance based-off both short and long term indicators and means that LVS scores better than 77%…

New York Mets team owner Steve Cohen met with more than 500 Queen residents last Saturday to solicit inputs on how to best develop the area around CitiField, including the possibility of bringing a casino to the Willets Point property. Cohen and the local community members talked about how to turn the long-dormant property into an all-weather and…

Mets owner Steve Cohen invited Queens residents to Citi Field on Saturday to seek their input on the future of the neighborhood - with an eye toward bidding for one of three New York City casino licenses. For three hours, Cohen held court and mingled with about 450 baseball fans, neighbors and community activists to talk about turning the environs…

New York gambling regulators took Monday a step forward toward the proposed casino expansion for the New York City metropolitan area by naming officials to a board set to oversee siting for the projects. The Gaming Commission named former New York City Housing Commissioner Vicki Been, New York Women's Chamber of Commerce President and CEO Quenia…

Nassau County Executive Bruce Blakeman said Friday that he supports a full-scale casino coming to the Nassau Hub, though he wants nongambling activity to dominate any potential development project. "It's got to be primarily an entertainment center and hospitality business with the casino as an ancillary use there … I think that an entertainment…

Las Vegas Sands Corp. (LVS) is the highest overall rated company in the Resorts & Casinos industry with an overall score of 79. LVS is up 40.36% so far this year after the company closed yesterday at $51.89. The overall score measures the company's performance based-off both short and long term indicators and means that LVS scores better than 79%…

Racino operators at Aqueduct and Yonkers were expected toput in bids of at least $500 million each to try to win the right to open anyof three new casinos in and around New York City, according to media reportsthis week. The state Gaming Facility Location Board in New Yorkapproved the terms of engagement Tuesday. It opened the bid process for…

Macau casinos have posted their worst year since 2004 as China's strict Covid Zero policies wrought havoc on the gambling hub. The Gaming Inspection and Coordination Bureau said Sunday that gross gaming revenue in December fell 56% from a year earlier to 3.48 billion patacas ($433 million), slightly below the median estimate of a 57% decline.…

Whether it's spinning slot machines, winning blackjack tables, or playing poker games, there's no question that many famous musicians love to gamble. After all, they're just humans, and humans generally seem to like the thrill of gambling: according to the American Gaming Association, four of his 10 adults visited a casino in 2019. But some of our…

Image Source: Shutterstock.com The property is the latest to join a trend that has seized gaming establishments from Macau to the United States with operators doting on their casino workers despite what is still a challenging operations environment. The sum allocated to Eagle Mountain Casino workers is not a surprise, as casinos have realized that…

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022. The recent gains come as two major overhangs relating to the Macau business - which accounted for over 60% of the company's pre-pandemic revenue - appear to be easing. Firstly, China's State Council has been rolling back…

In conjunction with the signing of the six new gaming contracts yesterday, the government has published the content of the contracts, including the operating venues of the concessionaires' casinos, investment commitments and premium details. Investment commitments The government announced yesterday the six concessionaires have committed a total…

After completing more than $20 billion in deals recently, casino landlord Vici Properties now owns several hundred acres along the Strip, "the most economically productive street in the world," the firm said Thursday. Vici, whose real estate holdings on Las Vegas Boulevard include megaresorts MGM Grand, Caesars Palace and The Venetian, this…

New casino licenses with shorter contracts took effect Jan. 1 Operators suffered worst year on record in 2022 amid COVID-19 Challenges include diversifying from core gaming, labour shortages HONG KONG, Jan 3 (Reuters) - (This Jan. 2 story has been refiled to correct Melco's name and stock symbol in the second paragraph) As casinos in Macau begin…

Nearly all casino games involve numbers. Some are more obvious, but others are less so. Classics like baccarat and blackjack, for example, use non-numbered picture cards but assign these cards a numeric value. Other casino games involve numbers more distinctly. Here is a look at four: This popular casino game is rife with numbers. When you play…

Las Vegas Sands Corp. (NYSE:LVS - Get Rating) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 18270000 shares, an increase of 7.5% from the November 30th total of 17000000 shares. Approximately 5.6% of the company's stock are sold short. Based on an…

A Taiwanese man is facing up to 7 years in jail after being accused of using his mobile phone to record cards and send the information to an online chat group... 27-year-old Hung Jung-Hao is accused of conspiring with six others to cheat the Marina Bay Sands casino in Singapore. Hung allegedly recorded the cards dealt in a game of 7UP Baccarat and…

Las Vegas has seen almost two years of monthly gaming revenue records, previously unseen numbers at Reid International Airport, and if you walk into a casino right now? It's wall-to-wall people almost every night of the week. The world of gambling, gaming and casinos is continuing to grow. And we're going to be taking more regular looks at the…

Live! Casino Pittsburgh has come a long way since opening its doors to gamblers a little over two years ago, While there might not have hotel rooms or Citizens Bank Park as its next door neighbor, there is no doubting that this Hempfield Township property is positively impacting the local community. Here are just a few of the highlights from the…

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Casino stocks are rallying higher on Tuesday on hopes that China will continue relaxing its Covid-19 policies. Those restrictive policies kept a tight lid on local economies and drew the ire of its citizens. Now, investors are looking at potential upside in the country. Wynn…

A rating of 80 puts Las Vegas Sands Corp. (LVS) near the top of the Resorts & Casinos industry according to InvestorsObserver. Las Vegas Sands Corp.'s score of 80 means it scores higher than 80% of stocks in the industry. Las Vegas Sands Corp. also received an overall rating of 64, putting it above 64% of all stocks. Resorts & Casinos is ranked 8…

A number of casino operators changed up their real estate portfolio this year with sales, acquisitions and leasebacks - showcasing a flurry of activity after the short but steep economic fallout caused by the COVID-19 pandemic. And a number of those deals, announced last year, have closed in 2022. Here are six of this year's major deals on the…

The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcements that the number of tables and slots under the new concessions would be reduced to 6000 and, respectively, 12000. Law provisions: The Chief…

The largest casinos got an early Christmas present last month after China renewed their licenses in Macao for another 10 years. While the likelihood of being denied renewal was small after they had invested billions of dollars in the gambling mecca and spent billions more on developing nongaming activities at the behest of Beijing, it was still a…

Macau's six casino operators pledged to invest nearly $15 billion as part of new 10-year contracts they signed to operate in the world's biggest gambling hub, with the spending on non-gaming activities to exceed gaming spend by more than 10 times. The signing of the contracts eases fears of investors and executives after a lengthy bidding process…

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…