Coronavirus consequences still hurting Macau at Easter Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 14, 2020 0The first three days of the recent Easter holiday period reportedly saw Macau welcome less than 900 tourists as measures...
Macau casino operators excluded from coming economic stimulus package Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 9, 2020 0Despite recording an almost 80% drop year-on-year in aggregated gross gaming revenues for March and the operators behind the 39...
Credit facility move for Asian casino operator Wynn Macau Limited Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau April 8, 2020 0The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly drawn some $50 million from a...
Financial troubles continue for firm behind Macau’s The 13 hotel Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships April 7, 2020 0In Macau and one of the companies behind the luxury The 13 hotel has reportedly applied for a ‘standstill’ order...
Macau records discouraging March casino revenues tally Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 1, 2020 0Last month reportedly saw the 39 casinos in Macau record an almost 80% drop year-on-year in aggregated gross gaming revenues...
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...
Macau downgrades full-year aggregated casino revenue prediction Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxation March 19, 2020 0The government of Macau has reportedly halved the city’s coming full-year aggregated gross gaming revenues forecast in light of the...
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...
Macau hotel occupancy rates plummet amid continuing coronavirus anxiety Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 26, 2020 0In Macau and fears over the highly-contagious coronavirus strain reportedly helped to push the average January occupancy rate for the...
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 to re-open from tomorrow with reduced capacity Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 19, 2020 0In Macau and casinos hoping to re-open following the temporary 15-day coronavirus shutdown will reportedly be required to reduce the...