Sun, Mar 25, 2012
More than two years after the first casino opened in Singapore, the Casino Regulatory Authority has issued licenses to two junket operators based in Malaysia, who will do business with Genting’s Resorts World Sentosa (above). The CRA rejected 12 other applications. Marina Bay Sands did not sponsor any junket operators so will not be able to capitalize on the licenses.
Sat, Mar 10, 2012
Tilman J. Fertitta’s Golden Nugget Casinos will purchase the Isle Casino Hotel in Biloxi, Mississippi for $45 million. Fertitta will invest $150 million to upgrade the Isle Casino property, the third largest in the Biloxi/Gulfport market. The underperforming Isle never recovered from the damage caused by Hurricane Katrina and requires a large investment to turn it around.
Fri, Apr 23, 2010
Wynn Resorts’ Encore Macau opens in Macau, bringing yet a higher bar to the luxury end of the market in the SAR. The property features all suites (l.) with spectacular views and superior amenities. But he’s already eyeing his next Macau project on the Cotai Strip.
Fri, Jan 22, 2010
The first casino resort opened in Singapore last week in a race that turned out to be over before it began. Genting’s Resorts World on Sentosa Island opened several of its hotels with the casino (l.) scheduled to open as soon at the Singapore Casino Control Board issues the license, probably sometime in March.
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