Macau’s leading casino operator’s team up to launch ‘Macau loves locals’ initiative Renee Kingsley ChinaMacauMergers, Acquisitions & Partnerships February 24, 2016 0The Macau government has been pushing casino operators for the last 18 months to diversify their portfolio and expand their...
Sands China reports a 43% drop in 2015 net profit Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau February 22, 2016 0Well established Macau casino operator Sands China Limited revealed a 43% drop in net profit for 2015. The report wasn’t...
Parisian Macao Resort given extension for completion Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau February 20, 2016 0In the Cotai district, the Parisian Macao resort is not near completion, despite having a requirement to be completed by...
Shuttle bus routes to be cut by Macau Casinos Sadonna Price Latest Casino and Gambling NewsMacau February 20, 2016 0The Transport Bureau of Macau is reporting that the bus routes of casino shuttles could be cut from 80 to...
Sands China makes decision to roll out salary increase and special bonuses in 2016 Renee Kingsley Latest Casino and Gambling NewsChinaEconomy/FinanceEmployment & CareersMacau February 5, 2016 0Macau’s casino industry continued to decline in 2015 due to the anti-corruption crackdown and gross gaming revenues plummeted for a...
MGM China’s creditors willing to be flexible with payment terms on $3 billion loan Renee Kingsley Las VegasCasino openingsEconomy/FinanceAsian Casino NewsMacau January 29, 2016 0MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China...
Is there a link between Macau’s gross gaming revenue decline and the rise of gaming-related crime? Renee Kingsley Asian Casino NewsMacauCrime January 27, 2016 0Macau’s gambling industry continued to decline in 2015 due to the anti-corruption crackdown launched by Beijing to weed out money...
Vickers report says Macau’s casino industry is an attractive target for terrorists Renee Kingsley Casino openingsChinaMoney LaunderingAsian Casino NewsMacau January 18, 2016 0Macau’s casinos have been the target of an anti-corruption government crackdown for the last 24 months, but Steve Vickers and...
Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016 Renee Kingsley Economy/FinanceAsian Casino NewsMacau December 22, 2015 0Gambling establishments who were expecting better things from the Macau government in 2016 had their hopes doused yet again as...
Macau authorities investigate two officials who are suspected of taking bribes Renee Kingsley Casino CheatingChinaMoney LaunderingAsian Casino NewsMacauCrimeRacketeeringBribery December 16, 2015 0Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level...
Queen of Pop Madonna to perform at Studio City Macau Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacau December 15, 2015 0Studio City Macau confirmed that the “Queen of Pop” Madonna will bring her “Rebel Heart Tour” to its event centre....
Steve Wynn buys 1 million Wynn Resorts shares Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada December 10, 2015 0One million shares of Wynn Resorts Ltd. were purchased on the open market by billionaire founder Steve Wynn, the owner...
Macau table games cap will not change until 2022 Sadonna Price Latest Casino and Gambling NewsMacau November 28, 2015 0Macau casinos will not be changing the number of table games allowed at each venue since the Macau Secretary for...
Wynn Palace to be delayed 3 months in opening Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 19, 2015 0Wynn Palace of Cotai was set to open in March, but now the owner of the venue, Wynn Resorts Ltd,...
Macau Louis XIII prepares for 2016 summer launch Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 11, 2015 0The boutique casino hotel, Macau Louis XIII, is currently under construction with Louis XIII Holdings Ltd reporting the construction is...