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Casino

Casinos

Macau casino operator Melco Crown Entertainment and Philippine property developer Belle Corp have signed a “memorandum of agreement” to develop a $1 billion casino resort in Manila.

Under the agreement, Melco, owned by Australian billionaire James Packer and Hong Kong businessman Lawrence Ho, and Belle, owned by the Philippines’ richest man Henry Sy, will jointly develop and manage the 100-hectare casino resort in Manila’s gaming hub at Aseana Boulevard in Parañaque City, according to Reuters.

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Casinos

Seminole Hard Rock Hotel & Casino in Tampa, Florida has become the world’s sixth-largest casino after completing a $75 million expansion.

The casino has now also become larger than any in Las Vegas, with its casino floor now bigger than five football fields combined and featuring over 5,000 slot machines, 110 table games and 50 poker tables.

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Casinos

Casino magnate Steve Wynn has come forward as the previously anonymous casino owner who donated a total of $2 million – $500 to 4000 needy families – to a Nevada-based charity over recent months.

Steve Wynn’s donation is the largest donation the United Way of Southern Nevada has ever received, according to the Associated Press.

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Casinos

In some bizarre casino news, a Las Vegas casino pulled off incredibly unlikely odds after a roulette wheel hit the same number seven times in a row.

The Rio Hotel and Casino’s roulette wheel hit the number 19 for seven straight spins – and then again on the ninth spin, the Las Vegas Sun reported.

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Casinos

The Palms Casino Resort in Las Vegas is planning a $50 million upgrade to “re-energise” its celebrity pull factor, according to the Associated Press.

Commencing in July 2012, all 428 rooms and suites in the original Palms Tower will be renovated to reflect a “sensual and edgy” design, casino resort president Joseph Magliarditi stated.

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Casinos

American casino magnate Steve Wynn stated at a press conference at his Macau casino today that Wynn Macau Ltd’s latest casino resort in Cotai would cost $4 billion.

Despite the economic downturn, the chairman and CEO of Wynn Resorts Ltd and Wynn Macau was confident the new casino resort world provide a return on investment.

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Casinos

American business magnate Steve Wynn won government approval to build a casino resort in Macau’s Cotai area.

Once complete, the casino will be the second Wynn casino in Macau, the world’s largest gambling market.

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Casinos

Sands China has opened a new $4 billion casino in Macau, the world’s new gambling capital.

The opening of the resort, which boasts 1,800 hotel rooms and 240 gambling tables, was delayed almost a year because of a shortage of construction workers, the BBC reported.

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Gaming Success Stories

A U.S. Marine who hit a $2.9 million jackpot at the Bellagio Resort & Casino in Las Vegas has credited karma for his stroke of luck.

A couple of days before he hit the jackpot, Cpl. Alexander Degenhardt found out he’d been accepted as a bone marrow donor to an anonymous patient, the Las Vegas Sun reported.

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Casinos

Baccarat is a popular game with Asian visitors to Las Vegas casinos.

Big-time gamblers, primarily from Asia, are flocking to Sin City to play baccarat and providing a big boost to the city’s casino revenue in the process.

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