Galaxy Macau Phase II and Broadway Macau opening May 27 Lars Jones Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau May 19, 2015 0In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau...
Sun City opens junket rooms in Philippines–Macau policies may be reason Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauPhilippines May 18, 2015 0Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...
Gaming revenue dips; Macau govt surplus down 54.8% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 14, 2015 0On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone...
Beijing pushes for economic diversification in Macau in order to limit Western financial control Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsMacau May 13, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...
Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1 Lars Jones MacauFinancial Press Releases May 4, 2015 0Sands China saw all of it’s properties post lower revenues in the first quarter of 2015 for a total profit...
Union Gaming reports that a large number of Macau’s visitors book their tickets only 48 hours before arrival Lars Jones Latest Casino and Gambling NewsMacau April 15, 2015 0Union Gaming Research Macau Ltd recently reported that a large percentage of visitors to Macau are booking their tickets only...
Macau sets 21 million cap on visitors from Mainland China Lars Jones Latest Casino and Gambling NewsChinaMacau April 15, 2015 0Macau’s government recently confirmed that they had agreed to set a cap on the number of Mainland China visitors who...
NagaWorld having a good first quarter–VIP revenue doubles Sam Mitchell Latest Casino and Gambling NewsCambodiaCasino News April 13, 2015 0NagaCorp Ltd, a Cambodian casino operator, released first quarter earnings on April 1, 2015. NagaCorp revealed that their NagaWorld resort in...
Casino revenue in Macau falls for 10th straight month–new normal? Jenn G Latest Casino and Gambling NewsCasino NewsMacau April 2, 2015 0As the decline in high roller visits continues, Macau casinos are suffering further falling revenue. March was the 10th month in a row...
Macau govt gaming tax income falls by 24% in February 2015 Lars Jones Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsMacau March 17, 2015 0Beijing’s anti-corruption crackdown in 2014 scared Macau’s VIP and high stake gamblers and they stopped coming to Macau’s casinos to...
Beijing keeping close eye on public officials visiting Macau Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsMacauCrime March 16, 2015 0Beijing continues to be relentless in its fight against corruption specifically targeting Macau’s casinos and VIP gamblers who spend lavish...
Macau junket leaders looking at Vietnam’s Phu Quoc island Lars Jones Latest Casino and Gambling NewsCasino proposalsWorld Casino NewsVietnam March 14, 2015 0Update 3-19-2015: Sun City denies visit. Read More. We reported here on January 28th that the Vietnamese government had given...
Macau authorities ask casinos to stop forcing employees to take unpaid leave Lars Jones Latest Casino and Gambling NewsGaming Industry NewsMacau March 10, 2015 0Macau’s casino industry lost over $100 billion in 2014 and the market is still in decline as the Chinese government...
Gross gaming revenue in Macau drops By 49% – 9 month trend Lars Jones Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacau March 5, 2015 0Once billed as the gambling hub of the world, Macau’s status of being a gambling paradise for high-rollers may be...
Entertainment City expanding as Macau revenues contract Lars Jones Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsAsian Casino NewsFinancial Press ReleasesPhilippines March 2, 2015 0The push has been on for several years to make Manila’s Entertainment City a destination in its own right for well...