Monthly Archives: March 2017

Political Unrest To Impact Kangwon Land’s 2017 Revenue

Kangwon Land, the only South Korean casino that allows locals to gamble is performing below expectations according analysts from brokerage firm Morgan Stanley. In a recent report, analysts have said that the casino is currently operating at 2014 levels, much below their 2017 expectations for the casino. Kangwon Land is a publicly listed company that’s…

Las Vegas Sands Reiterates Interest In Vietnamese Gaming Market

A senior executive from major international casino operator Las Vegas Sands Corp., George Tanasijevich has reaffirmed the group’s interest in developing an integrated resort in Vietnam, stating that the country had huge potential with regards to leisure and business-related tourism. The Vietnamese government issued a long-awaited gaming decree on January 20, which for the first…

Crown Resorts To Focus On Barangaroo Casino Project

Recent statements by the newly-appointed chairman of Crown Resorts indicate that the casino operator is moving away from having a rigid definition for its VIP market segment, which it was targeting keeping in mind the development of its new Barangaroo luxury casino which is to be developed in Sydney. Plans revealed so far for the…