Casino Destinations

Macau’s Mass Table Segment Hit 75% Market Share in Q4 2023

Radosav Milutinovic
Deal Me In, Gaming Law & Legislation, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Online Poker, Poker, Asian Casino News, Online Gambling News, Macau
Since the Macau casino facilities relaunched operations in January 2023, the mass table market has been constantly growing to account for  75.2% of total table revenue in Q4 2023. The figure reportedly soared f...

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Taxation, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...

2024 Philippine Gaming Industry GGR To Reach PHP336.38bln, Says Tengco

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
CEO and President of the Philippine Amusement and Gaming Corporation (PAGCOR), aka the gaming regulator of the Philippines, Alejandro Tengco, estimates that the gross gaming income (GGR) of the Philippines this...

Number of Suspicious Transaction Records in Macau Breaks the Records

Vanja Mitic
Latest Casino and Gambling News, Casino reviews from Macau, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Mobile gaming, Online Gambling News, Macau, Financial Press Releases
The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transactio...

Curacao Bar Association Requests Gambling Bill Amendment

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, World Casino News, Online gambling regulation, Gaming Industry News, Caribbean Casino News, Licenses, Curaçao Casinos, Online Gambling News
The draft National Ordinance for Games of Chance (LOK) has been filed to the Parliament of Curacao to propose the alignment of country's gambling laws with international standards. As the bill anticipates that ...

World Poker Tour Plans to Bring the Tournament Back to Macau in 2024

Radosav Milutinovic
Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, Cambodia, Casino News, Poker Tournaments, Casino reviews from Macau, World Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Poker, Asian Casino News, Online Gambling News, Macau, Oceania Casino News
The World Poker Tour (WPT), an international gaming and entertainment TV attraction, is looking to include Asian gambling hub Macau in its schedule of poker tournaments for the forthcoming period. The brand’s C...

Macau Gaming Industry Estimated to Reach US$29.2 Billion in 2024

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
Jeffrey Kiang, an analyst at capital markets and investments group CLSA Ltd, estimates that the Macau gaming industry could generate US$29.2 billion in gross gaming revenues in 2024. As GGRAsia reports, such a ...

Macau’s Syndicate Operated Illegal Cross-Border Gambling to Generate $2.4 Million Profit

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Online gambling regulation, Gaming Industry News, Illegal Bookmaking, Unlicensed Operation, Online Gambling News, Crime, Fines, Lawsuits & Litigation
The illegal gambling organization run by Alvin Chau, the founder of the Macau-based gambling operator Suncity Group, received more than $42 billion in bets from Chinese gamblers from 2015 to 2019, Asian Gaming ...

Macau’s David Group Plans $895Million Casino and Hotel Development in Fiji

Radosav Milutinovic
Fiji, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino proposals, Australia, New Hotels, World Casino News, Online Gambling News, Macau, Oceania Casino News
Macau junket operator and investment firm David Group announced the plans to enter a FJ$2 billion ( $895 million) casino and hotel resort development in the island country of Fiji. The company's project head Sa...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

New Year’s Eve Celebrations At Las Vegas Resorts Projected To Attract Over 400K Visitors

Marija Malenovic
U.S.A., Las Vegas, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Economy/Finance, Nevada
It was recently reported that 356.000 tourists is projected to visit Las Vegas for the upcoming New Year’s Eve celebration. In addition, when you add to that number the the number of locals who will also be cel...