Analysts with Sanford C. Bernstein believe that Macau will, at some point, turn to China’s digital yuan as its primary currency.
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Imperial Pacific still short on US employees, per licensing agreement
IPI is required to maintain a workforce comprised of 65% U.S. employees. As of April, the development only contains 44%.
Bloomberry plans cruise port for its Solaire casino
The Solaire Resort and Casino in Manila, owned by Bloomberry Resorts Corp., wants its own cruise port.
Race for seats at the WSOP Global Casino Championship heating up
The WSOP season is almost ready to wrap up, and the Global Casino Championship is scheduled for August 7-9 at Harrah’s Cherokee in North Carolina.
Elaine Wynn victorious in ousting John Hagenbuch from board
John Hagenbuch and Robert Miller have resigned from the board of directors at Wynn Resorts.
Latvian operators cry foul over casino closures
Over 40 casinos in Riga’s historical district are fighting the council over its move to shut down all gambling facilities in the area.
PASPA defeat may be a boon to online poker
With the PASPA now officially dead, the results should also be a huge plus for online poker.
MGM to repurchase $2B in stock, won’t pursue Wynn purchase
MGM Resorts sees a strong future for the company, as it announced a plan to repurchase around $2 billion of its own stock.
Insurgents attack Myanmar border casino: report
Insurgents opposing Myanmar’s government control attacked a casino close to the Chinese province of Yunnan.
