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Grand Lisboa Palace construction undamaged by Typhoon Mangkhut

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In Macau, gambling club administrator SJM Holdings Limited has apparently reported that its under-development Grand Lisboa Palace was not harmed because of Typhoon Mangkhut in spite of being hit by whirlwinds well more than 100 miles for every hour. All gambling clubs requested to close: As indicated by a Monday report from AhFattalkball.com, Typhoon Mangkhut was the most grounded tempest to strike the district since 1983 and saw the nearby government make the exceptional stride of requesting the majority of Macau's club to close for two days from 11pm on Saturday. As indicated by an announcement from SJM Holdings Limited "In regard of Grand Lisboa Palace under development, the building and its fittings were left flawless by the tropical storm, accordingly the structure stays sheltered and unblemished. Takes a shot at the site have continued after the tropical storm with an emphasis on guaranteeing a protected domain for our specialists." Anticipated that wou

The Orleans Hotel and Casino debuts virtual reality archery games

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In  an attempt to find the next hot product for the Las Vegas market, American casino operator  Boyd Gaming Corporation  is reportedly trialing a pair of new virtual reality archery titles from  International Game Technology (IGT)  inside its  The Orleans Hotel and Casino . According to a Monday report from the  Las Vegas Review-Journal newspaper, the ArcheryVR and SiegeVR games each see players don virtual reality headsets while inside large booths before going through the physical motion of firing fantasy arrows in an attempt to defend a digitally imagined castle. The newspaper reported that Boyd Gaming Corporation is currently charging $10 for each 90-second game on the one-player ArcheryVR while teams of two virtual archers can enjoy a session on its SiegeVR counterpart for $30. The single-player title is purportedly offering members of the casino’s B Connected loyalty program the chance to bank Slot Dollar prizes worth as much as $125 while squads may walk away with up to $

Melco Resorts and Entertainment Limited rewards successful leadership

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Asian casino giant  Melco Resorts and Entertainment Limited  has rewarded Lawrence Ho Yau Lung (pictured) for his successful leadership by granting the billionaire businessman a further 531,381 of its restricted shares worth approximately $5.13 million. A former investment banker, 41-year-old Ho serves as Chairman and Chief Executive Officer for Melco Resorts and Entertainment Limited, which is responsible for the  City of Dreams Manila , Altira Macau, Studio City Macau and  City of Dreams Macau  integrated casino resorts as well as the Mocha Clubs chain of electronic gaming machine parlors, and occupied 29th spot on the recent Hong Kong’s 50 Richest People list from  Forbes  with an estimated personal fortune of around $2.65 billion. Melco Resorts and Entertainment Limited, which is majority owned by Hong Kong-listed Melco International Development Limited, stated that the additional stake awarded to Ho represents around 0.036% of its issued share capital and may not be t

Macau Jockey Club operator hit with outstanding tax bill

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After recent ly  receiving a provisional license  for its planned $500 million integrated casino resort in the Philippines,  Galaxy Entertainment Group Limited  has now reportedly reiterated its interest in bringing a similar development to  Japan . According to a report from  The Japan Times  newspaper, the Hong Kong-listed firm established a Tokyo office in January of 2015 while its employees have since been travelling the nation to meet with federal and local officials as well as community and business organizations about the possibility of entering a newly-regulated Japanese casino market. Galaxy Entertainment Group Limited is responsible for the giant Galaxy Macau, StarWorld Macau and Broadway Casino properties in Macau and reportedly hopes that the  expected passage later this year  of the casino-legalizing Integrated Resort Implementation Bill will see it granted permission to bring a comparable development to an as yet unnamed Japanese city. Jeremy Walker, Marketing an

Pricing changes for multi-table tournaments coming to PokerStars this Monday

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PokerStars is a top  online poker  room that offers players the best in cash gaming, poker tournaments and more. The brand recently announced a new chance to their fee structure for multi-table tournaments, with pricing changes set to take place beginning this Monday. Rake for certain MTTs will increase while others will be decreased. According to  Poker Stars blog , on March 26 th , the fee structure for MTTs with $20 buy-ins or less will see an increase in rake. At the same time, the Time Tourneys will see a decrease in rake, with all tournaments affected regardless of buy-in. The price change amounts have yet to be revealed. The blog post was created by Severin Rasset, the PokerStars Director of Poker Innovation and Operations, who described how players can view the pricing changes. According to Rasset, the fee for tournaments will be displayed publicly via the  Poker   Stars  client, along with the fee structure. Players can easily find the amounts listed, whether they play

Macau Jockey Club operator hit with outstanding tax bill

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Less than a month after the Macau Horse Racing Company Limited won the right to continue operating the  Macau Jockey Club  until 2042 and it has reportedly been revealed that the firm owes the government of  Macau  approximately $18.5 million in unpaid taxes. According to a Wednesday report from the  Macau News Agency , the disclosure was made by Lionel Leong Vai Tac, Economy and Finance Secretary for Macau, with the shortfall purportedly covering a nine-year period that began in 1997. The news service reported that the Macau Horse Racing Company Limited will now be required to make annual payments of almost $6.2 million in order to honor the outstanding debt, which includes payments to a pension fund for civil servants as well as obligations to the city’s Social Welfare Bureau, or risk losing its exclusive license to operate horseracing in Macau. “Since [the Macau Horse Racing Company Limited] has showed willingness to continue working, we have established that it can pay the

Golden Entertainment to invest $140M over three years in Stratosphere

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Upgrades to be carried out in three phases over the next three years at  Golden Entertainment Inc .’s newly acquired  Stratosphere  property are reportedly expected to generate a return on investment (ROI) of between 15% and 20%, according to company Chairman and CEO Blake Sartini. The  Las Vegas Review-Journal  reports that in a Thursday quarterly earnings call, Golden Entertainment company executives said that including $32 million this year, over the next three years it will invest $140 million in the iconic 1,149 foot Stratosphere Casino, Hotel & Tower, which was part of an  $850 million deal announced in June . The deal to purchase casino holding firm American Casino and Entertainment Properties also netted Golden the Aquarius Casino Resort in Laughlin, Nevada and a pair of Arizona Charlie’s properties. Announced by Sartini in a call with investors, Golden Entertainment’s capita l improvements strategy will reportedly take place in three phases at the Stratosphere as to