Partner in Macau Ponte 16 posts small loss for first half of 2015 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 31, 2015 0Success Universe Group reported loss of HK$1.9 million ($245,161) for the first half of 2015 in comparison with the same...
Macau’s crackdown on underground banking activities will hit struggling casino industry Renee Kingsley ChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauTax EvasionCrimeFinancial Fraud August 27, 2015 0The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the...
Donaco and VIP promoter Heng Sheng Group have a deal Kim M Latest Casino and Gambling NewsCambodiaCasino NewsCasino reviews from MacauWorld Casino NewsCasino openingsCasino project updatesMacauMergers, Acquisitions & Partnerships August 23, 2015 0Macau VIP gaming promoter, Heng Sheng Group, and Donaco International will bring its VIP players to the Star Vegas International...
Bernstein report states that mass gambling can help Macau’s casino industry to recover Renee Kingsley Asian Casino NewsMacauPhilippinesSouth Korea August 22, 2015 0Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos...
Macau Casino Jai Alai may reopen mid 2016 Alex Lanter Latest Casino and Gambling NewsCasino openingsAsian Casino NewsMacau August 18, 2015 0SJM Holdings Limited, a casino gaming company based in Macau, is hoping to reopen the renewed Casino Jai Alai situated...
Macau casino operator SJM Holdings profit falls more than half Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 13, 2015 0Macau casino operator SJM Holdings reported huge losses of more than 50% year-on-year in the first half of 2015. The...
Echo Entertainment Group profit grows more than 50% thanks to Asian VIPs Alex Lanter Latest Casino and Gambling NewsAustraliaEconomy/FinanceOceania Casino News August 12, 2015 0Macau has witnessed a drop in VIP clientele that resulted in significant decline in revenue. However, the Macau struggle has...
Macau wishy-washy on smoking ban Alex Lanter Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsMacau August 10, 2015 0Almost a month ago, local media in Macau reported that a possible smoking ban could be implemented in 2016 and...
Studio City to open in Macau October 27 Lars Jones New HotelsCasino project updatesMacau August 5, 2015 0The $3.2 billion Studio City will open in Macau on October 27. Melco Crown Entertainment Ltd, controlled by Lawrence Ho...
Macau Legend seeks to invest $200 million in Cape Verde Casino Sam Mitchell Latest Casino and Gambling NewsAsian Casino News July 21, 2015 0Macau Legend announced their intent to invest in a Cape Verde Casino to the tune of $200 million USD. On...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
VIP gaming tables coming to NagaWorld via Jimei International Entertainment Sadonna Price Latest Casino and Gambling NewsCambodiaWorld Casino NewsMergers, Acquisitions & Partnerships July 2, 2015 0The NagaWorld casino resort located in Cambodia will soon begin offering VIP gaming thanks to the Jimei International Entertainment Group....
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...