Wynn Macau junket operator victim of theft Sadonna Price Latest Casino and Gambling NewsMacau September 11, 2015 0Wynn Resorts has seen a share price decrease of 5% after news hit that one of their junket operators in...
Macau junket ops taking debtors to court Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacauFines, Lawsuits & Litigation September 5, 2015 0According to a report on Macau Business Daily (MBD), there has been a major increase in filings with the Court of...
Forefront of Macau Gaming claims junket operator planning to sack VIP gaming employees Renee Kingsley Gaming Industry NewsAsian Casino NewsMacauLabor Relations August 26, 2015 0Macau’s casino industry has continued to decline in 2015 and the top six casinos in Macau have reportedly lost around...
Wynn Macau loses VIP junket services Sadonna Price Latest Casino and Gambling NewsMacau August 3, 2015 0Due to the struggling economy in Macau, junkets in the area have decided to stop offering services at the Wynn...
Sands Macau rallies with transition from VIP Junkets to mass-market focus D. Graham Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNew HotelsGaming Industry NewsPokerAsian Casino NewsMacau July 26, 2015 1Once Sands China Ltd. reported that they beat second-quarter profit estimates, their stocks surged 7.9% on the Hong Kong exchange....
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
Hong Kong money laundering probe nets Macau junket investor Sam Mitchell Latest Casino and Gambling NewsHong KongMoney LaunderingMacau June 26, 2015 0On June 26th 2015, it was reported in Hong Kong that an investor for a junket room in Macau has...
Junket operator David Group denies closures, layoff plans Lars Jones Latest Casino and Gambling NewsGaming Industry NewsMacau June 12, 2015 2On the heels of Neptune Guangdong Group denying media reports yesterday that they plan to idle as many as 300...
VIP revenue slump causes two junket operators to scale back Sam Mitchell Casino closuresMacau June 10, 2015 0Neptune Guangdong Group and David Group are two of the largest junket operators in Macau. They announced their intention to...
Iao Kun to enter Australian market; operator buys up internal junket assets for Crown casinos Sam Mitchell Latest Casino and Gambling NewsAustraliaCasino NewsMacauMergers, Acquisitions & Partnerships May 19, 2015 0A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its...
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...
Junket operator Iao Kun rolling chip revenue plunges 71% Sam Mitchell Latest Casino and Gambling NewsMacauFinancial Press Releases May 8, 2015 0Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...
Professor Zeng of Polytechnic Institute suggests tighter junket regulations Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsConferences / Trade ShowsMacau April 22, 2015 0Professor Zeng Zhonglu, of the Gaming Education and Research Center at the Polytechnic Institute of Macau, believes junket operations are...
Cutting out junket operators leaves Singapore casinos with unpaid debt Sam Mitchell Latest Casino and Gambling NewsCasino NewsGaming Industry NewsFinancial FraudSingapore April 9, 2015 0Grant Govertsen, a Union Gaming Advisors analysts, told media that Singapore’s gaming revenue is down due to the Chinese movement...