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Philippine Gov’t To See Additional Taxes After Privatization Gaming Facilities

Carlos G. Dominguez III, Finance Secretary for the Philippines has stated that the country’s gaming regulator will continue earning revenue from the state-owned casinos that are slated to be privatized shortly. These casinos will have to pay additional taxes after they become privatized. The Philippine Amusement and Gaming Corp (Pagcor) operates around 46 casino facilities…

Hard Rock Proposing To Revitalize Trump Taj Mahal

Hard Rock International is planning a major revamp for the erstwhile Trump Taj Mahal casino in Atlantic City which the company recently acquired. Hard Rock has plans to introduce new forms of gambling such as fantasy sports contests, skill-based slots along with luxurious private gaming rooms. NJTV News The Associated Press has acquired the wish…

Macau VIP Revenue Increasing As Anti-Corruption Drive Slows Down

Gaming experts have often citied the vigorous anti-corruption drive by Chinese authorities as the key reason for the over two-year long slump experienced by Macau’s casino industry as it impacted visitations, especially from VIP gamblers. A report by brokerage firm Sanford C. Bernstein Ltd has sought to numerically examine the linkages between Chinese government action…