Casino reviews from Macau

Macau Gaming Shares Are Trading at Their Lowest Levels In December Since Prior To January 8 Reopening

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau
Industry analysts stay puzzled by the descending trajectory of gaming shares in Macau, which this month, or December, officially fell to their worst levels so far in 2023. In addition, neither the income nor th...

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

Radosav Milutinovic
Gaming Law & Legislation, Casino Destinations, 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, Taxation, 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 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, Macau, Online Gambling News, Asian Casino News, 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
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino openings, Casino reviews from Macau, Casino expansion projects, World Casino News, 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 ...

Macau Experiences New Post-Covid Revenue High In October; GGR To Reach US$26.8bln Next Year

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
During October, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching a 30.9% increase compared to September's GGR of MOP$19.5 billion, which is...

Macau’s Court of Second Instance Releases Alvin Chau Of Fraud; Orders Him To Pay Nearly US$3.2bln In Compensation

Marija Malenovic
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The Macau’s Court of Second Instance has officially absolved previous Suncity boss, Alvin Chau, and 6 other suspects in the fraud case, which involves finished and attempted crimes. Risen compensation: Ho...

Texas Hold’em Poker GGR In Macau Hits 93.7% Of 2019 Record

Marija Malenovic
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According to information obtained from the Gaming Inspection and Coordination Bureau, the gross gaming income (GGR) collected from Texas Hold’em poker in the regulated Macau market throughout the third quarter ...

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

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Las Vegas, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Asian Casino News, 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...

Macau’s Revenue Reaches Almost $825 Million During National Festive Week

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News
Thanks to the national Golden Week celebrations, Macau gaming industry reportedly generated gross revenue of around MOP6.65 billion (US$824.5 million) for the first eight days of October. The festive week celeb...

Super Typhoon Causes Macau’s GGR To Drop 13.2% In September

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
Last month, September, Macau's gross gaming income (GGR) fell 13.2% month-after-month to MOP14.94 billion, which is approximately US$1.85 billion, the Gaming Inspection and Coordination Bureau, the Macau's loca...

Macau’s GGR For First 24 Days Of September At MOP12 Billion

Marija Malenovic
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During the first 24 days of September this year, Macau’s gross gaming income (GGR) was calculated to be roughly MOP12 billion, which is approximately $1.49 billion, with MOP500 million, which is roughly $62.1 m...

Macau’s Mass GGR To Reach Pre-Covid Levels During Upcoming October Golden Week

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
As reported by Inside Asian Gaming, gaming income across Macau is predicted to recuperate 100% over the coming holiday period, approaching the levels seen during the October Golden Week that took place in 2019....

Macau Banks Banned From Doing Business With Foreign Gaming Operators, AMCM’s Updated Industry Guidance Says

Marija Malenovic
Gaming Law & Legislation, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Money Laundering, Economy/Finance, Asian Casino News, Macau, Crime
As reported by Asia Gaming Brief, the Monetary Authority of Macao (AMCM), Macau's financial regulatory body, released "updated industry guidance on Anti-Money Laundering/Combating the Financing of Terrorism (AM...

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

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, 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...