Search results for “gambling industry”
Crackdown in Macau brings windfall for casinos from South Korea to Cambodia
03/09/2015|10:14:52 PM|
Asian casino operators from South Korea to Australia are pulling in China’s gamblers as the country’s corruption crackdown hits Macau hard.
Empty VIP tables in Macau means trouble for $44 billion industry
02/03/2015|10:31:24 AM|
Xi Jinping's battle against graft has increased gamblers’ concern that big spending will attract scrutiny, and stricter visa rules have also deterred them from traveling.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Chow Tai Fook sinks US$2.6 billion into Incheon Casino project
02/16/2015|5:11:35 PM|
Hong Kong-based Chow Tai Fook Group will invest US$2.6 billion in the Incheon Casino project that targets Chinese visitors.
Macau suffers worst year for casinos amid China crackdown
01/04/2015|10:27:48 AM|
Macau’s casinos recorded their worst year in 2014 and more tough times are still ahead.
China moves toward travel and tourism maturity
12/11/2014|9:53:55 PM|
Travel is becoming a "human right" and not just a "human need". For both the wealthy and the middle class, travel is by far the preferred leisure pursuit. The rapid development of the luxury market in China and Asia is sending ripples through the entire industry.
China's blitz against corruption hits some U.S. travel companies
11/17/2014|6:26:32 PM|
Chinese President Xi Jinping's crackdown on government corruption, which began almost two years ago, has had a profound impact in China itself. It is also hurting a specialized niche of the U.S. tourism industry.
What TripAdvisor’s instant booking means for hotels
11/10/2014|9:45:48 AM|
TripAdvisor’s new instant booking function is many things, but being instantly understandable isn’t one of them. The technical aspect is straightforward. But the business implications are not.
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