Morgan Stanley improves price targets for Galaxy and Melco
On the heels of expansion plans currently being undertaken by both Galaxy Entertainment Group Ltd. and Melco Crown Entertainment Ltd., investment bank Morgan Stanley has revised the price targets for...
View ArticleSJM’s Cotai project to merge with Angela Leong’s theme park
Leong spoke to the media on the sidelines of the of Macau Pavilion opening ceremony for the 9th China ICIF Angela Leong On Kei, the Managing Director of SJM, says the casino operator’s new project in...
View ArticleRevel gets lifeline with bankruptcy plan approval
It’s hard to believe that after a just a year of operation, the best news Revel can brag about is the approval of its Chapter 11 restructuring plan. But such is the fate this supposed beacon of hope...
View ArticleNevada gaming regulators travel to Macau on “fact-finding” mission
As further confirmation of the gaming world’s eastward tilt, this week saw the three members of the Nevada Gaming Control Board (GCB) travel to Macau for a meeting with their regulatory counterparts,...
View ArticleSocial gambling revenue could reach seven billion dollars in 2015; Firms...
Morgan Stanley are predicting that social gambling industry revenue will reach $2.5billion in 2015 with the thorny issue of regulation again brought to the fore by their projections. The company’s Blue...
View ArticleCaesars Interactive CEO Mitch Garber makes $24b disappear
Caesars Interactive Entertainment (CIE), the online arm of brick-and-mortar casino outfit Caesars Entertainment, has acquired the rights to certain World Series of Poker (WSOP) mobile and Facebook app...
View ArticleBelgium, Bulgaria break out blacklists; Alderney teams with Spectrum Gaming
Related articles Caesars gets out begging bowl as ratings agencies downgrade its prospects Caesars Entertainment revenue falls in Q1 (again) 888 receives initial Nevada license nod despite AGA double...
View ArticleMorgan Stanley optimistic about Japan’s casino legalization
The groundswell of movement from Japan’s Restoration Party towards bringing integrated resort casinos in Japan has gotten the attention of Morgan Stanley, so much so that the global financial services...
View ArticleSocial casino RocketFrog offers real-world prizes; Zynga partners with Amex
Shares in social media company Facebook lost even more value on Tuesday, slipping 8.9% to $31 – $7 below the $38 price the stock carried when it made its Nasdaq debut on Friday. It didn’t help that the...
View ArticleCounting gaming tables in Macau casinos ain’t for sissies
Net Buzz brought to you clubvegas999.com Earlier this month, Macau‘s casino regulator felt it necessary to publicly disavow a Hong Kong bank’s claim that the world’s top gambling hub was considering...
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