Global Poker Tours Limited today announced that Edgar Stuchly has been appointed the new European Poker Tour President, responsible for developing Europe’s leading live poker tour. Stuchly will act as an official spokesperson for the EPT, helping refine the vision for the tour, working to further improve the customer experience for the many thousands of players from around the world who participate in the events, and growing the brand across more countries in Europe.
Macau was the place where Las Vegas Sands was going to step out from the shadows of its rivals. Its bold strategy — to grab the biggest share of the Chinese enclave’s gaming market with an Asian version of the Las Vegas Strip — swamped the company with debt that has taken it to the brink of bankruptcy. Now, image problems are cropping up in Macau, where the company’s chief executive, Sheldon Adelson, had been hailed as a visionary.
Up for grabs: 4,500 gaming jobs such as croupiers, casino schedulers and pit supervisors. Marina Bay Sands Integrated Resort, which is targeting to open by end of this year, is hiring staff in areas such as Table Games, Slots, Casino Finance, Player Development and Surveillance in the second recruitment drive later this month. Out of these 4,500 openings, 1,500 will be for supervisory roles.
A week before the opening of Las Vegas Sands’ newest USD 1 billion addition to Macau’s Cotai Strip, company President William Weidner downplayed Chinese media reports that the government wants to slow visitation into the gambling enclave. During a conference call Wednesday to discuss the August 28 opening of the 360-room Four Seasons Macau, which is attached to the company’s massive 3,000-room Venetian Macau…
The biggest players in the gaming business have long wondered exactly how Sheldon Adelson’s company won one of three lucrative casino licenses in 2002 to operate in Macau. It was the deal of a lifetime — one that made Adelson one of the world’s richest men and spawned an Asian gaming frontier richer than the Las Vegas Strip and evolving to adult size in one-tenth the time.
Der seit fast drei Jahren andauernde Rechtsstreit zwischen dem Staat und dem Londoner Gutshot Poker Club ist nun endgültig beendet. In der letzten Verhandlung wurde Poker erneut als Glücksspiel deklariert und damit braucht jeder Kartenklub nun eine staatliche Glücksspiellizenz. Im Jahre 2004 wurde der Klub in der Clerkenwell Road von Derek Kelly eröffnet. Die Kartenklubs haben in Großbritannien eine lange Tradition und schnell gab es Tausende von Mitgliedern. Bereits im folgenden Jahr drohte jedoch schon die Schließung.
Las Vegas – The Las Vegas Strip adds its first major resort in nearly three years on Thursday when the USD 1.9 billion Palazzo, the second Italian-themed property from Las Vegas Sands Corp., has its grand opening. Despite economic fears buffeting the United States, casinos are betting that high rollers and vacationers will keep flooding into the gambling center, especially as a weak dollar draws foreign travelers and keeps Americans from leaving the country.
Las Vegas Sands informed that the company has entered into a credit agreement which provides financing of up to USD 3.7 billion for the development of the Marina Bay Sands in Singapore. Borrowings under the credit agreement will bear interest at a spread of 2.25% above the Singapore Dollar SWAP Offer Rate for a selected maturity of one, two, three or six months. The current Singapore Dollar Swap Offer Rate for a maturity of three months is approximately 2.16%.
When a float depicting a portion of the USD 1.8 billion Palazzo rolls down Colorado Boulevard in Pasadena, Calif., this morning to kick off the 2008 Tournament of Roses Parade, it will promote an open casino. After a few days delay getting through the Clark County permitting process, Las Vegas Sands Corp. opened the casino portion of the Palazzo on Sunday evening, just in time for the busy New Year’s Eve holiday.
Las Vegas casino mogul Sheldon Adelson’s new ferry service to the southern Chinese gambling enclave of Macau was suspended this week, dealing a setback to his plans to turn the once sleepy backwater into a top vacation resort. The CotaiJet service, which began running on November 30 and operates between Hong Kong’s Macao Ferry Terminal at Shun Tak Centre and Macao’s newly opened Taipa Temporary Ferry Terminal, temporarily suspended service effective 10 am on Tuesday, December 11.
Las Vegas Sands Corp. announced today that it has initiated high-speed ferry service between Hong Kong’s Macao Ferry Terminal at Shun Tak Centre and Macau’s newly opened Taipa Temporary Ferry Terminal on Macau’s Taipa Island. With today’s launch of the new CotaiJet service, which is being managed by Cotai Chu Kong Shipping Management Services Co., Ltd. of Hong Kong, visitors and residents of Hong Kong…
(Bloomberg) – Las Vegas Sands Corp., the world’s largest casino company by market value, posted an unexpected third-quarter net loss after baccarat and blackjack players won more in Las Vegas and Macau. The shares tumbled 15 percent in extended U.S. trading. Las Vegas Sands said today it posted a net loss of USD 48.5 million, or 14 cents a share. Costs to open the Venetian Macao in August contributed to the loss.
