Recovery in Macau aggregated gross gaming revenues remains elusive Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau June 1, 2020 0Travel restrictions implemented to help stop the spread of coronavirus were reportedly largely to blame as Macau recorded a 93.2%...
Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98 Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau May 26, 2020 0One of the key men responsible for transforming Macau into the world’s premiere casino hotspot, Stanley Ho Hung Sun (pictured),...
Wynn Resorts Limited ‘optimistic’ about its future in Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau May 7, 2020 0American casino operator Wynn Resorts Limited reportedly believes that its Wynn Macau Limited subsidiary has the ability to bounce back...
Macau experiences 96.8% drop in April aggregated gross gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau May 1, 2020 0Last month reportedly saw aggregated gross gaming revenues from the 39 casinos in Macau decrease by an unprecedented 96.8% year-on-year...
Mainland economic revival may hasten Macau’s post-coronavirus success Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 29, 2020 0International brokerage firm Sanford C Bernstein and Company has reportedly announced that the ultimate recovery of Macau’s casino market may...
Thoroughly bleak April prediction for Macau’s casino industry Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 21, 2020 0International brokerage firm Sanford C Bernstein and Company has reportedly predicted that Macau could see its aggregated gross gaming revenues...
Macau casinos told to expect a long road to market recovery Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 15, 2020 0The 39 casinos in Macau could reportedly start to recover from the economic impacts of the ongoing coronavirus pandemic from...
Wynn Macau Limited decides to forego annual dividend payment Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau March 31, 2020 0The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that its board has decided...
Slowdown of Macau casino market continues into March Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau March 10, 2020 0The first eight days of March reportedly saw the 39 active casinos in Macau post aggregated gross gaming revenues that...
Macau government dismisses gaming tax relief suggestion Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxation March 6, 2020 0In Macau, a leading government official has reportedly detailed that the city has no intention of introducing temporary tax breaks...
Macau gaming regulator asks for casino staff layoffs to be suspended Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauLabor Relations March 5, 2020 0In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly sent letters to every one of the city’s...
Wynn Macau Limited raising junket commission rate to 42.5% Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 4, 2020 0The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it...
Coronavirus fears ruin Macau’s February gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau March 2, 2020 0The 39 active casinos in Macau reportedly saw their aggregated gross gaming revenues for February plummet by 87.8% year-on-year to...
Melco Resorts and Entertainment Limited warns of sluggish Macau future Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 21, 2020 0The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long...
Macau casinos end the year on a downer following disappointing December Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceMacau January 2, 2020 0The 41 casinos in Macau reportedly ended December on a downward note after recording a 13.7% year-on-year decrease in monthly...