Macau casino operators facing free cash flow to equity run rate crisis Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 30, 2022 0Some of the largest casino operators in Macau may reportedly start running out of ready cash in as little as...
Matt Bekier resigns as boss of The Star Entertainment Group Limited Adam Morgan Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMergers, Acquisitions & PartnershipsCrimeFines, Lawsuits & Litigation March 28, 2022 0In Australia and the boss for The Star Entertainment Group Limited has reportedly announced his resignation at the same time...
Suncity Group found unsuitable to operate in the Philippines Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMergers, Acquisitions & PartnershipsCrimePhilippines March 28, 2022 0Asian junket giant Suncity Group has reportedly been found unsuitable to operate in the Philippines after an official investigation uncovered...
The Star Entertainment Group Limited probe hears disturbing evidence Adam Morgan Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesCrimeFines, Lawsuits & Litigation March 18, 2022 0In Australia and the value of shares in local casino operator The Star Entertainment Group Limited reportedly dropped to a...
Net debt of Macau casino operators has quadrupled since 2019 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 17, 2022 0The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the...
Macau casino operators not set to face increase in tax rates Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships March 17, 2022 0The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under...
Disappointing weekend for Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 15, 2022 0For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators...
Las Vegas Sands Corporation in talks regarding new Asian casino resort Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsGaming Industry NewsLicensesAsian Casino NewsMergers, Acquisitions & Partnerships March 14, 2022 0The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that his firm is in negotiations with...
Macau casino operators facing six-month license extension costs Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceEmployment & CareersLicensesMacauMergers, Acquisitions & Partnerships March 10, 2022 0In Macau and every member of the enclave’s six-strong club of licensed casino operators is reportedly being asked to pay...
Naga Vladivostok disposal possibility for NagaCorp Limited Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsGaming Industry NewsCasino project updatesEconomy/FinanceMergers, Acquisitions & PartnershipsRussia March 9, 2022 0A prominent Asian financial services and trading specialist has reportedly predicted that local casino operator NagaCorp Limited may now be...
Macau casino operators experience aggregated share price slump Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 8, 2022 0The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by...
Resorts World Manila and Asian Poker Tour extend partnership agreement Sadonna Price Latest Casino and Gambling NewsPoker TournamentsBrick-n-Mortar Poker RoomsPokerMergers, Acquisitions & PartnershipsPhilippines March 7, 2022 0The Asian Poker Tour (APT) will continue to offer events at Resorts World Manila (RWM) thanks to an exclusive deal...
Macau draft gaming legislation looking to include national security protections Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacauFines, Lawsuits & Litigation March 7, 2022 0Draft gaming legislation currently being debated in Macau could reportedly allow the enclave’s Chief Executive to rapidly terminate any local...
Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 1, 2022 0Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase...
Macau gaming tax increases in 2021 to MOP$33.91 billion Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 21, 2022 0The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a...