Архіви: супутникове казино
China – Seven satellite casinos could close in Macau this summer
Seven satellite casinos in Macau, equating to around 40 per cent of the market, are likely to cease operations by the summer with new rules for visa applications, reduced cash flow, and the continued effect of the pandemic combining to take them out. Macau has 18 satellite casinos in total with14 of these operating as…
Cyprus – Melco opens fourth satellite casino in Cyprus with Paphos opening
Melco Entertainment’s Cyprus Casinos (C2) has opened its fourth satellite casino in Cyprus with the debut of a 50 slot gaming floor in Geroskipou, Paphos. C2 Casinos president Craig Ballantyne said: “We are delighted to be launching our fourth and last satellite casino, after the opening of C2 Limassol, the first licensed casino on the…
China – Macau’s incoming Chief Executive pours doubt on further satellites and sub concessions
Macau’s incoming Chief Executive Ho Iat Seng has lent his support to an upper limit on the number of casino licences allowed in the upcoming revision of Macau’s gaming law. Amendments to Macau’s gaming laws have been drafted and will be brought in in 2022. Some operators had hoped that with two plots of Cotai…
China – Macau lawyer asks if ‘satellite’ casinos provide world class tourism
Macau’s 20 ‘satellite’ casinos could be at threat when it comes to the region’s re-licensing process set to take place in mid-2022. Speaking on local television news TDM, lawyer Rui Pinto Proença, Partner at Macau law firm MdME asked whether the much smaller, gaming-focused ‘satellite’ casinos fitted into the government’s stance of making the city…
Cyprus – C2 Nicosia’s satellite opening to help prevent illegal gambling
Melco Entertainment has announced that Cyprus Casinos Nicosia (C2 Nicosia) has opened its doors to the public, marking the first satellite casino opening following the successful launch of the first temporary casino C2 Limassol last June. Craig Ballantyne, Property President of City of Dreams Mediterranean and Cyprus Casinos, said: “C2 will significantly contribute to the…
US – Penn National подає заявку на Hollywood Casino Morgantown
Penn National Gaming подала заявку в Раду з контролю за іграми Пенсільванії (PGCB) для Hollywood Casino Morgantown, другого супутникового ігрового закладу категорії 4, який буде розташований на вільній ділянці площею 36 акрів у містечку Кернарвон, округ Беркс. Запланований об’єкт буде розташовано поблизу перетину трьох основних доріг: Пенсільванської магістралі (I-76),…
China – SJM at risk of losing some of its satellite casinos
Brokerage Sanford C Bernstein believes that the Macau government could offer licences currently exploited as satellite casinos with concessionaire operator SJM Holdings to its satellite partners. The analytical group believes that there is ‘little improvement possible’ for SJM, who has lost market share to rival casinos over the last decade. Eight years ago it accounted…
