Reviews from the Cotai Strip

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News, Financial Press Releases
Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Melco Relaunches Studio City in Q1 2024 Following the Record Casino Performance

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino openings, Casino reviews from Macau, Casino expansion projects, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News
Lawrence Ho Yau Lung, chairman and chief executive of the casino operating group Melco Resorts & Entertainment Ltd announces that the group's Macau complex Studio City will be launched in the first quarter ...

Sands China Hits $1.78 Billion Revenue In Q3 2023 To Verify Post-Pandemic Recovery

Radosav Milutinovic
Las Vegas, Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Financial Press Releases
It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino giant registered a $1.78 billion revenue in the third quarter of 2023. When compared to t...

JP Morgan Expects Macau’s September 2023 Revenue Decline Due to Natural Calamity

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Based on the gross gaming revenue levels reached by Macau's gambling industry in the first ten days of this month and the heavy weather conditions featuring the same period, financial agency JP Morgan reportedl...
mgm

MGM China Invests MOP$15 Billion in New MICE and Arts Spaces in Macau and Cotai

Vanja Mitic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino expansion projects, Casino reviews from Macau, Casino project updates, Gaming Industry News, Casino moguls, Macau
MGM Macau and MGM Cotai, MGM China’s Macau resorts, are getting the new MICE and art space. MGM China is owned by the global industry giant MGM Resorts International, which is based in the U.S. An advanced, ...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casino Cheating, China, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Asian Casino News, Conspiracy, Crime, Financial Fraud
On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...

Macau Hits Record US $2.05 Billion Revenue Level in July 2023

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News
The Macau gambling industry generated MOP$16.66 billion (US$2.06 billion) in gross gaming revenues in July 2023 to set the new post-pandemic monthly record of the region. The month of July thus exceeded the pre...

Macau’s Mass Market Baccarat Generated $3.32 Billion In Q2 2023

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Destinations, Reviews from the Cotai Strip, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Crime, Fines, Lawsuits & Litigation
The Macau gaming regulatory body, Gaming Inspection and Coordination Bureau (DICJ), has released the industry revenue results for the second quarter of 2023. According to the results for the period that ended o...

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...

Macau Tax Revenue Increases 15% in May, Contributes 79% to Total Region’s Income

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Financial Press Releases
Inside Asian Gaming reports that the Macau government collected MOP$5.7 billion (US$706 million) in gaming tax revenue in May 2023. The source also transfers the data from the Financial Services Bureau reportin...

Macau Gaming-Related Crime Rate Increased 24% in Q1 2023

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Cheating, Casino reviews from Macau, World Casino News, Gaming Industry News, Macau, Asian Casino News, Crime, Financial Fraud
The Office of the Secretary for Security of Macau presented the statistics indicating that the popular gaming destination recorded 158 cases of crime related to gaming operations in the first quarter of 2023. T...

Macau Gaming Industry Generated 237% More Tax Revenues in April

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, China, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Macau, Taxation, Asian Casino News, Financial Press Releases
The strong Macau gaming industry growth in the first quarter of 2023 continued throughout the month of April as well. Inside Asian Gaming reports the figures released by the Financial Services Bureau to indicat...