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Tag Archives: satellite casino

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 files application for Hollywood Casino Morgantown

Penn National Gaming has filed an application with the Pennsylvania Gaming Control Board (PGCB) for Hollywood Casino Morgantown, the company’s second Category 4 satellite gaming facility, to be located on a vacant 36-acre site in Caernarvon Township, Berks County. The planned facility will be near the intersections of three major roadways: the Pennsylvania Turnpike (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…