Reports: Best Sunshine International seeks financing to complete Saipan casino

2024-06-18

Best Sunshine International, traded as Imperial Pacific International LLC, a subsidiary of Hong Kong-listed Imperial Pacific International Holdings Limited (HKG: 1076), is attempting to secure $550 million to complete the construction of the Grand M...

Govt. says Tasmania can handle four casinos; extra non-residential casino licenses

2024-06-18

The Tasmanian government says it can handle opening two more casinos, potentially bringing the number of casinos in the island state off Australia’s south coast to four. The deal would be a blow to the Federal Group, which opened Australia‘s f...

Queensland government officially approves Queen’s Wharf Brisbane casino license for Star Entertainme

2024-06-18

Star Entertainment announced on October 14 that it had received an official casino license from the Queensland government to proceed with its A$3 billion Queen’s Wharf casino development project in Brisbane, the state capital. Star Entertainment, fo...

Casino Commission confirms Best Sunshine in compliance with AML

2024-06-18

The Saipan Tribune reported yesterday that Commonwealth Casino Commission executive director Edward Deleon Guerrero has confirmed that Best Sunshine Live casino in Saipan is operating in compliance with U.S. Banking Secrecy and anti-money laundering...

Australian politicians launch “Pokie-Leaks” campaign

2024-06-18

In Australia, a trio of federal politicians have launched a controversial campaign designed to encourage industry insiders to come forward with secret information related to the nation’s slot machine industry. According to a report from the Australi...

Saipan, other CNMI casinos can soon invite junket operators

2024-06-18

VIPs are already coming to Saipan in large enough numbers for the sole casino there to do over $3 billion in rolling chip business in their first two full months of operations. Now the CNMI Commonwealth Casino Commission has issued tough and compreh...

Toowoomba in the running for orphaned Queensland casino license

2024-06-18

In Australia, the Toowoomba And Surat Basin Enterprise has reportedly been approached by developers regarding the possibility of helping to bring a casino to the Darling Downs region of southeast Queensland. According to a report from The Chronicle...

$160m Sheraton Mirage acquisition by Star consortium to be finalized

2024-06-18

A Star Entertainment-led international joint venture is in the process of wrapping up a deal to pay as much as A$160 million ($121.7 million) for the Sheraton Grand Mirage Resort, a beachfront resort in Gold Coast, Queensland, according to The Austr...

Crown Barangaroo waits for final approval after following state department’s recommendations

2024-06-18

James Packer’s Crown Barangaroo has faced a number of setbacks that has resulted in an 18 month delay. While Crown Resorts has worked with the New South Wales (NSW) government to sort out most of the important issues that stood in the way of $1.2 bi...

Crown Resorts to cleave Australian and overseas companies

2024-06-18

Crown Resorts Ltd announced in a filing with the Australian Securities Exchange Wednesday that they plan to separate most of their non-Australian located businesses from their domestics. They will also explore an IPO for a vehicle that could see all...

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