Casino Destinations

Macau Proposes Illegal Gambling Law Revision to Extend Prison Sentences and Pecuniary Fines

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Casino Cheating, Unlicensed Operation, Online Gambling News, Asian Casino News, Macau, Financial Fraud
Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The proposal reportedly includes a range of higher pecuniary penalties for offende...

PAGCOR Releases Statement Denying Misinformation About Plans For Privatization

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corp. (PAGCOR) has officially published a statement combating misinformation regarding its plans for privatization. The impact of misinformation: In the aforementioned ...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

Marija Malenovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, U.S.A., Las Vegas, Casino reviews from Macau, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Macau, Asian Casino News, Financial Press Releases
For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, China, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Online Gambling News, Macau
Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, China, New Hotels, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau
A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Bally’s Temporary Casino in Chicago Surpasses $10 Million in Gross Gaming Revenue in January

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Casino moguls, Illinois, Financial Press Releases
Bally’s began the new year with fantastic results, especially when it came to the company’s temporary casino in Chicago.  Fantastic results in the new year: The casino, which is located at the Medinah Tem...

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Las Vegas, Casino News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Asian Casino News, Macau, Online Gambling News, Financial Press Releases, Singapore
The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...

PAGCOR Wants To Lower Fees For iGaming Operators to 35% In March, Says Tengco

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Asian Casino News, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR), the gaming regulatory agency of the Philippines, revealed that it will lessen the fees imposed on iGaming providers to 35% in the 3rd month of this ongo...

Macau’s GGR Reaches MOP19.3bln In First Month of 2024; Second Highest Since Pandemic

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Asian Casino News, Licensing, Financial Press Releases
During the first month of 2024, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching MOP19.3bln, which is approximately US$2.4bln. Additionally...

Mohegan INSPIRE Entertainment Resort in South Korea Recieves Five-Star Hotel Rating, Foreigner-Only Casino to Open

Vanja Mitic
Tribal Gaming, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, New Hotels, Casino openings, Casino project updates, Gaming Industry News, South Korea
A casino at Mohegan INSPIRE Entertainment Resort in Incheon, South Korea, is finally about to open. After a series of obstacles and a long journey towards the opening of this foreigner-only casino, the five-sta...