Sands China fully recovers its Macau gaming volumes during Chinese New Year holidays

Radosav Milutinovic
Las Vegas, Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Casino moguls, Asian Casino News, Macau, Financial Press Releases
Sands China Ltd, a premium Macau casino operator, announced that the company fully recovered from the Covid-19-related circumstances as its gaming volumes seen during the current Chinese New Year holiday period...

Macau Faces Casino Employees Scarcity Ahead Of Chinese New Year

Marija Malenovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, China, World Casino News, Casino moguls, Employment & Careers, Online Gambling News, Asian Casino News, Macau, 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 Law Enforcement Breaks Online Gambling Ring that Collected $3.69 Billion in Bets

Marija Malenovic
Cryptocurrency, Latest Casino and Gambling News, Casino Destinations, China, World Casino News, Casino reviews from Macau, Gaming Industry News, Money Laundering, Illegal Bookmaking, Bitcoin accepting properties, Unlicensed Operation, Asian Casino News, Macau, Online Gambling News, Sports betting, Conspiracy, Crime, Fines, Lawsuits & Litigation
On Wednesday, January 11, 2023, Macau's Judiciary Police apprehended 15 locals for supposed connections to an illegal online gambling organization that has reportedly amassed $3.69 billion in bets since 2017. ...

Emperor Entertainment Hotel signs deal to take over management of Macau’s satellite casino Grand Emperor

Marija Malenovic
Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, Casino Destinations, Online gambling regulation, New Hotels, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Game manufacturers, Economy/Finance, Licenses, Asian Casino News, Online Gambling News, Macau, Mergers, Acquisitions & Partnerships, Licensing, Financial Press Releases
After a six-month period of direct administration by Macau gaming licensee, SJM Resorts Ltd., a subsidiary of Hong Kong-based SJM Holdings Ltd., Emperor Entertainment Hotel's subsidiary, Tin Hou Ltd. based in H...

Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, New Hotels, Gaming Industry News, Economy/Finance, Game manufacturers, Conferences / Trade Shows, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
On January 2nd, 2023, six Macau concessionaires reported that they would individually pay the Macau government a base sum of MOP750 dollars per square meter of gaming space for the first 3 years of their latest...

Macau expects visitor upturn during Chinese New Year as measures are lifted

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Casino openings, Gaming Industry News, Casino project updates, The Players Lounge
Following the suspension of COVID-19 prevention measures and zero-COVID policy for the first time in three years, Macau authorities finally allowed tour groups from mainland China to visit the region. Macau is ...

New Covid wave hits Macau closing Cotai food and beverage facilities

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Mobile gaming, Casino moguls, The Players Lounge, Online Gambling News
A review of the websites of Cotai casino resorts indicates that at least three of them are closed, as well as multiple Cotai food and beverage outlets. The closures are seemingly due to the Covid-19 case count ...

Macau GGR expected to exceed $22 billion by 2027 to incur additional 20% tax to operators

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News
Analysts at Morgan Stanley are predicting that Macau's gross gaming revenue values will exceed $22 billion by 2027. The predictions follow the signing of new gaming concession contracts by Macau's six operators...

Macau allocates gaming tables and slot machines to impose contingency to operators

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Law & Legislation, Reviews from the Cotai Strip, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, The Players Lounge, Macau, Asian Casino News
The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcement...

Six Macau Casino Operators Sign 10-year gaming contracts with Macau Government

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, New Hotels, Online gambling regulation, Gaming Industry News, Licenses, Macau, Online Gambling News, Asian Casino News, Licensing
Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by ...

Macau introduces casino play zones for foreign players, offers up to 5% tax relief for attracting overseas customers

Radosav Milutinovic
Gaming Law & Legislation, Casino Destinations, Casino News, Taiwan, Reviews from the Cotai Strip, Latest Casino and Gambling News, World Casino News, China, Casino reviews from Macau, Gaming Industry News, Hong Kong, Economy/Finance, The Players Lounge, Asian Casino News, Macau, Taxation, Online Gambling News
Following the recent announcement of Macau’s authorities that this Chinese Administrative Region would be gradually opening up for visitors from abroad and from mainland China,  Macau is to create distinct zone...

Macau gradually opens up as officials expect no large-scale infections in future

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Macau
Macau's authorities announce that this Chinese Administrative Region will be ''gradually opening up'' for visitors from abroad and from mainland China. The COVID outbreak in the community can no longer be contr...