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Macau Records Over 312,000 Visitors During SAR Anniversary Weekend

December 23, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

Macau experienced a tourism surge over the three-day holiday weekend from December 20 to 22, 2024, with 312,035 visitors entering the city, according to data released by the Public Security Police. The mileston...

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Vanja Mitic

October 1, 2024

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

In September 2024, Macau's casino landscape presented a complex picture, marked by a significant monthly decrease and an annual increase in gross gaming revenue (GGR). The figures, sourced from the local Gaming...

Citigroup Trims Macau’s September GGR Amid Decline in VIP Betting Volumes

Vanja Mitic

September 19, 2024

Casino Destinations, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Citigroup has adjusted its estimate for Macau’s gross gaming revenue (GGR) for September, reducing its forecast from MOP$18.25 billion to MOP$17.75 billion (US$2.21 billion). This change follows a significant 1...

SkillOnNet Expands into Peru with New Online Gaming License

Vanja Mitic

August 7, 2024

Online gaming software, Latest Casino and Gambling News, World Casino News, Central & South America Gaming, Gaming Industry News, Mobile gaming, Peru, Online Gambling News, Mergers, Acquisitions & Partnerships

Global entertainment powerhouse SkillOnNet has officially obtained a license to operate in Peru, marking a significant step in its expansion efforts across Latin America. This license, issued by Peru's Ministry...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Marija Malenovic

February 9, 2024

Latest Casino and Gambling News, Casino Destinations, Casino News, China, New Hotels, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Macau’s Mass GGR To Reach Pre-Covid Levels During Upcoming October Golden Week

Marija Malenovic

September 19, 2023

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

As reported by Inside Asian Gaming, gaming income across Macau is predicted to recuperate 100% over the coming holiday period, approaching the levels seen during the October Golden Week that took place in 2019....

Macau Sees New Post-Covid Revenue High In August

Marija Malenovic

September 1, 2023

Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Asian Casino News, Macau, Financial Press Releases

During August, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profits reaching MOP$17.21 billion, which is approximately US$2.12 billion, meaning it increased ...

PlayUZU Enters Buenos Aires Market After Partnering With BuenosAiresSlots

Marija Malenovic

August 30, 2023

Gaming Law & Legislation, Casino News, Argentina, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Central & South America Gaming, Gaming Industry News, Game manufacturers, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing

After securing a license from the Loteria De La Ciudad De Buenos Aires (LOTBA), the city's gambling regulatory body, PlayUZU, an online casino powered by SkillOnNet, has entered into a partnership with BuenosAi...

Macau’s Gaming Tax Revenue Fell To $2.37 Billion In 2022

Marija Malenovic

February 20, 2023

Casino Destinations, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Macau, Taxation, Asian Casino News, Taxes, Financial Press Releases

The gaming tax collected by the Macau SAR Government in 2022 fell to only 55.9% of the sum the authorities predicted would be collected, which is approximately MOP19.1 billion, aka US$2.37 billion. Macau's l...

Macau Faces Casino Employees Scarcity Ahead Of Chinese New Year

Marija Malenovic

January 16, 2023

Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino reviews from Macau, China, Casino moguls, Employment & Careers, Asian Casino News, Macau, Online Gambling News, Labor Relations

Ahead of Chinese New Year, casino workers in Macau may have to work overtime due to increased consumer demand following a three-year calm due to COVID-19, throughout which some gaming staff received promotions ...

Macau government establishes new casino license tendering committee

Adam Morgan

July 27, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Licenses, Macau, Mergers, Acquisitions & Partnerships

The government for the casino-laden enclave of Macau has reportedly established a special committee and tasked it with overseeing the process of potentially awarding the city’s existing six-strong club of local...

Macau hotel occupancy rates plummet amid continuing coronavirus anxiety

Adam Morgan

February 26, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Macau

In Macau and fears over the highly-contagious coronavirus strain reportedly helped to push the average January occupancy rate for the city’s many three to five-star hotels down by some 14.5% year-on-year to onl...

Macau records disappointing April aggregated gaming revenues

Adam Morgan

May 1, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

Last month reportedly saw the over 30 casinos in Macau chalk up an 8.3% decrease year-on-year in aggregated gross gaming revenues to just over $2.91 billion to leave the comparable four-month tally some 2.4% lo...

Macau expecting to register record-breaking Labor Day tourist numbers

Adam Morgan

April 27, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

After welcoming a record number of tourists over the most recent Chinese New Year period, Macau is reportedly now expecting to chalk up as much as a 20% rise year-on-year in visitations for next week’s four-day...

Macau to study the possible introduction of a tourist tax

Adam Morgan

March 26, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, officials are reportedly set to study the possibility of introducing a tax on travelers entering the city in order to raise additional revenues for the purposes of further developing its tourist-relat...

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Macau Records Over 312,000 Visitors During SAR Anniversary Weekend

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Citigroup Trims Macau’s September GGR Amid Decline in VIP Betting Volumes

SkillOnNet Expands into Peru with New Online Gaming License

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Macau’s Mass GGR To Reach Pre-Covid Levels During Upcoming October Golden Week

Macau Sees New Post-Covid Revenue High In August

PlayUZU Enters Buenos Aires Market After Partnering With BuenosAiresSlots

Macau’s Gaming Tax Revenue Fell To $2.37 Billion In 2022

Macau Faces Casino Employees Scarcity Ahead Of Chinese New Year

Macau government establishes new casino license tendering committee

Macau hotel occupancy rates plummet amid continuing coronavirus anxiety

Macau records disappointing April aggregated gaming revenues

Macau expecting to register record-breaking Labor Day tourist numbers

Macau to study the possible introduction of a tourist tax

New Jersey Orders Kalshi and Robinhood to Halt Sports Wagering Operations

Penske Media Eyes Downtown Grand for Rolling Stone Hotel & Casino

Siegburg Set to Transform with the Opening of New Merkur Casino in 2026

Hacksaw Gaming Unveils Life and Death, New Addition to Its Slot Line-Up

PropSwap and Bally Bet Join Forces to Transform Mississippi Sports Betting

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