Casino reviews from Macau

New Covid wave hits Macau closing Cotai food and beverage facilities

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, Mobile gaming, Casino moguls, The Players Lounge, Online Gambling News
A review of the websites of Cotai casino resorts indicates that at least three of them are closed, as well as multiple Cotai food and beverage outlets. The closures are seemingly due to the Covid-19 case count ...

Macau GGR expected to exceed $22 billion by 2027 to incur additional 20% tax to operators

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News
Analysts at Morgan Stanley are predicting that Macau's gross gaming revenue values will exceed $22 billion by 2027. The predictions follow the signing of new gaming concession contracts by Macau's six operators...

Macau allocates gaming tables and slot machines to impose contingency to operators

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, The Players Lounge, Macau, Asian Casino News
The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcement...

Six Macau Casino Operators Sign 10-year gaming contracts with Macau Government

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Online gambling regulation, New Hotels, Casino reviews from Macau, Gaming Industry News, Licenses, Asian Casino News, Macau, Online Gambling News, Licensing
Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by ...

Macau introduces casino play zones for foreign players, offers up to 5% tax relief for attracting overseas customers

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Taiwan, Casino reviews from Macau, World Casino News, China, Gaming Industry News, Hong Kong, Economy/Finance, The Players Lounge, Online Gambling News, Macau, Asian Casino News, Taxation
Following the recent announcement of Macau’s authorities that this Chinese Administrative Region would be gradually opening up for visitors from abroad and from mainland China,  Macau is to create distinct zone...

Macau gradually opens up as officials expect no large-scale infections in future

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, Lottery, The Players Lounge, Macau
Macau's authorities announce that this Chinese Administrative Region will be ''gradually opening up'' for visitors from abroad and from mainland China. The COVID outbreak in the community can no longer be contr...

Sands China renews trademark agreement with LVS for US $377 million

Marija Malenovic
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Macau-based Sands China Ltd has announced that it has renewed its brand licensing agreement with its parent investor, Las Vegas Sands (LVS), for a period of 3 years, starting from January 2023.  The agreement i...

Macau gaming revenue falls to $374 million in November, three times lower than Nevada levels

Radosav Milutinovic
U.S.A., Reviews from the Cotai Strip, Las Vegas, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Nevada
Macau's Gaming Inspection and Coordination Bureau (DICJ) informed that the region's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry's 55.6% lower...

Wynn Macau leads increase in Macau casino stocks following new licenses announcement

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, New Hotels, World Casino News, Online gambling regulation, Gaming Industry News, Hong Kong, Economy/Finance, Licenses, Macau, Online Gambling News, Asian Casino News, Licensing
Wynn Macau led an improvement of Macau gaming stocks on Monday, November 28th in Hong Kong, following the city's government announcement over the weekend that its six current casino operators will acquire new l...

COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22

Marija Malenovic
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During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw revenue decreased by 162,7,0 million dollars, across Wynn Macau and Wynn Palace, Ma...