Las Vegas Sands has agreed to pay a criminal penalty of almost US$7 million to settle a five-year investigation by the US Department of Justice into accusations the company violated anti-bribery laws when it hired a consultant to help with business dealings in China and Macau. As reported by...
Category - Gaming
67 nations to be represented at ICE
This year’s ICE Totally Gaming exhibition will see an incredible 67 jurisdictions and sovereign states represented on the show floor. To be held at London’s ExCeL centre from 7 to 9 February, they include 10 nations with 10 or more exhibitors, led by Malta whose growing iGaming...
Resorts World Las Vegas build almost underway
Construction of the US$4 billion, Chinese-themed Resorts World Las Vegas could start imminently following reports that owner Genting Group is expanding its site preparation work. Genting Americas Senior Vice President of Public Affairs, Michael Levoff, told the Las Vegas Review-Journal that the...
Morgan Stanley raises 2017 Macau expectations
Macau can look forward to gross gaming revenue growth of around 10 percent in 2017 – its first positive year-on-year result in four years. That’s the prediction of Morgan Stanley analysts Praveen Choudhary and Alex Poon, who have raised their expectations for the year ahead from an earlier...
Macau’s MdMe announces new global gaming law practice
Leading Macau law firm MdME has announced the launch of an International Gaming Law Practice – the MLGTS Legal Circle. With leading offices in Portugal, Macau, Angola and Mozambique, the Gaming Law Practice of the MLGTS Legal Circle aims to provide specialized legal services and advice to gaming...