Junket operator abandons two more Macau casinos Martin Chua Latest Casino and Gambling News September 15, 2016 0After announcing a little over a week ago that it had closed its high-roller operations at the Sands Cotai Central,...
Analysts predicting continued recovery in Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 14, 2016 0After posting a 1.1% increase year-on-year in overall gross gaming revenues for August to $2.4 billion, Macau’s gaming industry could...
Las Vegas Sands Corporation may consider further themed Macau casino resorts Martin Chua Latest Casino and Gambling NewsCasino proposalsCasino openingsMacau September 13, 2016 0Las Vegas Sands Corporation could soon consider the possibility of building additional themed casino resorts in Macau including developments based...
Lifting work suspended at Grand Lisboa Palace following fatal accident Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 12, 2016 0The government of Macau has ordered the immediate suspension of all lifting work at the under-construction Grand Lisboa Palace casino...
Studio City Casino Macau hopes to roll out VIP tables this month Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 8, 2016 0After announcing in July that it wanted to bring VIP gaming tables to its Studio City Casino Macau property, Melco...
Parisian Macao Casino Resort due to debut with 410 gaming tables Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 7, 2016 0The Parisian Macao Casino Resort from operator Las Vegas Sands Corporation subsidiary Sands China Limited is set to open on...
Tak Chun Group relocates resources to coming Parisian Macao Casino Resort Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships September 6, 2016 0Following yesterday’s news that Iao Kun Group Holding Company Limited had closed its operation inside the Sands Cotai Central, fellow...
Junket operator abandons Sands Cotai Central Martin Chua Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau September 5, 2016 0After earlier reporting a 47% drop year-on-year in company-wide rolling chip volumes for the first seven months of 2016 to...
MGM Resorts International completes purchase of additional MGM China shares Martin Chua Latest Casino and Gambling News September 2, 2016 0American casino operator MGM Resorts International has now completed the $325 million acquisition of an additional 5% stake in its...
Consolidation helps results at Melco International Development Limited Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 2, 2016 0Macau casino operator Melco International Development Limited has released its interim consolidated financial results for the six months to the...
Macau breaks 26 month streak on Wynn Palace opening, overall mass improvement Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 1, 2016 0After a 4.5 percent decrease in July, Macau has finally broken a losing trend beginning after May 2014. According to data...
Macau Jockey Club losses potentially unlawful; Plans for profitability Martin Chua Latest Casino and Gambling NewsHorse RacingEconomy/FinanceMacauFines, Lawsuits & Litigation August 29, 2016 0The Macau Jockey Club (MJC) registered a loss of MOP88 million (US$11 million) for the last fiscal year, continuing to eat...
Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
Galaxy net profit available to shareholders $2.6 billion H1, up 26% year-on-year Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 25, 2016 0Galaxy Entertainment Group (HKEx stock code: 27) seems to have mastered the difficult Macau market ahead of its competitors and...
Macau casino industry employment figures highlight market slowdown Martin Chua Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau August 24, 2016 0The number of people employed in the Macau casino industry during the second quarter dropped slightly when compared with the...