Casino reviews from Macau

Macau Legend Sells Savan Legend Casino To Focus On Macau Business

Marija Malenovic
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Recently, Macau Legend Development Ltd., the investment holdings company that owns the Macau Fisherman’s Wharf zone and manages the Legend Palace satellite casino, announced that it has struck an initial agreem...

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

Radosav Milutinovic
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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...

Success Universe Group To Renovate Floating Casino Macau Palace In Its Future Expansion

Marija Malenovic
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Success Universe Group, the investor and operator of Macau's Ponte 16 casino, revealed on June 9th that it's currently in the midst of discussions with the government about its future expansion plans, which wil...

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

Radosav Milutinovic
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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...

Galaxy Entertainment, MGM Resorts International To Reportedly Expand Into Thailand And UAE

Marija Malenovic
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As reported by Bloomberg News, Hong Kong-based Galaxy Entertainment Group Ltd. and Las Vegas-based MGM Resorts International, two leading giants in the iGaming industry, are currently exploring opening casino r...

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

Marija Malenovic
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In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big rebound in profit after the official lifting of Covid-19 restrictions. Returnin...

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...

Bill Proposal to Limit Macau Gaming Credit Facilities Through Penalty Scheme

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance
The Macau SAR Government proposed a bill that would make concessionaires the sole entities authorized to issue gaming credits. As Inside Asian Gaming reports, the bill would prohibit casino management companies...

MGM Resort International Generated $3.9 Billion Revenue in First Quarter of 2023

Radosav Milutinovic
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MGM Resorts International, the Las Vegas-based global gaming and entertainment giant, today reported financial results for the first quarter of 2023. The company generated $3.9 billion in net revenues by March ...

Macau’s GGR In April Highest In A Long Time; Record Number Of Visitors For Golden Week

Marija Malenovic
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During April, Macau's gross gaming revenue (GGR) was MOP14.72 billion, which is approximately 1.83 billion US dollars. Furthermore, it grew by 15.6% from MOP12.74 billion in March. Best monthly performance i...

IMF Expects Gaming Exports to Boost Macau’s Economic Growth to 59% in 2023

Radosav Milutinovic
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Within the scope of the latest release of its World Economic Outlook, the International Monetary Fund (IMF) anticipates that the economy of the Macau Special Administrative Region (SAR) will grow by 58.9% in 20...