Lawrence Ho, Chairman of Melco Crown Entertainment and son of the Macau based casino magnate, Stanley Ho has recently signed an agreement with the Spanish company, Veremonte Espana to further discuss his company managing one or possibly more casinos in the Barcelona World complex. The proposal to develop Barcelona World was put forward in the [...]
The Spanish based multinational gaming group Codere is just one of many companies hit by the recession but this company with interests in several countries has also been hit by higher taxes and changes in gambling regulation in these various countries. The company had regularly posted losses over the last two years and had built [...]
The Chinese have the reputation of being inveterate gamblers. The level of visitors to online gaming sites confirms this tendency and the most alarming thing is that young people under 18 are more and more often visiting these sites. Macau, which is the only Chinese territory where cash games are permitted, is rubbing its hands [...]
