Q3 begins following 25 months of decline in Macau GGR Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau July 1, 2016 0Data released Friday by Macau’s casino regulator, the Gaming Inspection and Coordination Bureau (DICJ) show the gaming downturn entering its third year...
Macau junket promoter Iao Kun to acquire Jeju Sun in Korea for $100m Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & PartnershipsSouth Korea June 26, 2016 0Bloomberry Resorts Corp. said in a filing the Philippine Stock Exchange last week that it’s subsidiary Solaire Korea Co. Ltd is selling their 96.23...
Macau real GDP still contracting; 2017 growth to begin repair Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau June 21, 2016 0A forecast published in London yesterday by the Economist Intelligence Unit (EIU) predicts that real Gross Domestic Product for Macau will...
Studio City Macau may consider junket facilities Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau June 20, 2016 0Studio City Macau, which opened with only mass market and high stakes tables and slots has said they will consider adding...
Macau sports betting monopoly gets concession extension Martin Chua Latest Casino and Gambling NewsLicensesMacauSports betting June 2, 2016 0Macau Slot Co Ltd has had its singular sports betting license renewed with a new period of five years, insuring...
Macau crime numbers mixed, complicated Martin Chua Latest Casino and Gambling NewsMacauCrime May 31, 2016 0Compared to the last quarter of 2015 crime in Macau has fallen significantly so far this year, according to the government’s...
Legislative committee supports keeping smoking lounges on Macau casino floors Kim M Latest Casino and Gambling NewsMacau May 29, 2016 2Macau’s smoking lounges aren’t going anywhere for now, as long as the health of casino employees isn’t jeopardized. The smoking...
G2E Asia event in Macau breaks attendance records Martin Chua Latest Casino and Gambling NewsConferences / Trade ShowsMacau May 27, 2016 0Global Gaming Expo (G2E) Asia 2016, which ran from May 17 – 19 at the Venetian Macao this year saw...
VIP Gamblers enjoying Saipan’s temporary casino’s unusual accommodation arrangements Renee Kingsley Latest Casino and Gambling NewsCasino openingsCasino project updatesSaipan May 18, 2016 0Hong Kong based Imperial Pacific International Holdings is looking for an investor to pump in $550 million into its subsidiary...
Macau gross gaming revenues continue to decline Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 2, 2016 0The 33 casinos in Macau reported gross gaming revenues for April of $2.17 billion, which represents a decline of 9.5%...
Macau government officials to release mid-term review of gaming industry by May Sadonna Price Latest Casino and Gambling NewsMacau April 27, 2016 0By early May, the government of Macau should be ready to release information on the gaming industry of the city...
Macau Labour groups to petition Government for casino employee benefits on May 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacauLabor Relations April 22, 2016 0May 1 is known as International Workers Day and commonly referred to as Labor Day in Asia. Two of Macau’s...
Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau April 15, 2016 0The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...
Morgan Stanley reports Macau could reach overcapacity by 2017 Sadonna Price Latest Casino and Gambling NewsMacau April 13, 2016 0With several new resort venues in the works for the city of Macau, analysts believe that by 2017, the city...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...