Articles tagged “casino”

Trade War Threat Is Hurting Travel to Macau’s Casinos

Trade War Threat Is Hurting Travel to Macau’s Casinos

Daniela Wei, Bloomberg

Chinese gamblers' worries about a simmering trade war risk denting Macau’s $30 billion casino industry. Hotels and restaurants in Macau are priced in Hong Kong dollars or Macau patacas, which will become costlier if the yuan depreciates.

1 month ago

Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Blake Schmidt and Yoojung Lee, Bloomberg

If the success of Macau is any proof, it's that betting big on building integrated resorts throughout Asia is a sure thing in the long run. That is why so many destinations, from Singapore to Japan to Korea, are attracting developers who want to cash in.

4 months ago

Washington, D.C. Has a Huge MGM Casino Opening Right Next Door

Washington, D.C. Has a Huge MGM Casino Opening Right Next Door

Brian Witte, Associated Press

Will MGM Resorts' gamble on the Capital Beltway pay off? We'll have to see.

2 years ago

Caesars Warns Investors That Online Gambling Could Slow Casino Visits

Caesars Warns Investors That Online Gambling Could Slow Casino Visits

Wayne Parry, Associated Press

Caesars has since told the media that the language was included for legal reasons, but that experience suggests the new medium will either have no impact or boost visitors to actual casinos.

5 years ago

The real 15 largest travel companies of 2013

The real 15 largest travel companies of 2013

Dennis Schaal, Skift

Suppliers, namely airlines, hotels, a cruise line and a car rental company, clearly dominate the top 15. Priceline and Amadeus are the only middlemen represented.

5 years ago