Macau records reduced quarterly GDP as tourist spend drops Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau June 4, 2019 0The government of Macau reportedly issued a warning yesterday detailing that the city’s first-quarter gross domestic product (GDP) had dropped...
Casino license public tender groundwork being prepared in Macau Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau May 13, 2019 0The Economy and Finance Secretary for Macau, Lionel Leong Vai Tac (pictured), has reportedly revealed that local officials are currently...
Public tender for future Macau casino licenses gaining traction Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau April 19, 2019 0The most senior legislator in Macau has reportedly announced that there is no need for his fellow lawmakers to delay...
Macau ‘inclined’ towards future casino concession public tender Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau March 15, 2019 0In Macau, Economy and Finance Secretary, Lionel Leong Vai Tac (pictured), has reportedly announced that the local government in ‘inclined’...
Macau to continue push towards diversification Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationGaming Industry NewsEconomy/FinanceMacau March 5, 2019 0In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly announced that the city is to continue...
Macau gaming market to face contraction in 2019 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau January 22, 2019 0Investors in Macau’s casino industry have reportedly been warned to expect gaming revenues to contract by low single digits this...
Macau regulator grants Melco Resorts 40 mass gaming tables Kim M Latest Casino and Gambling NewsCasino NewsMacau January 20, 2019 0Developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, Melco Resorts and Entertainment Limited, (NASDAQ: MLCO), was, at the beginning of...
American casino operators to face possible challenges in Macau Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceLicensesMacau January 15, 2019 0In Macau, a slowing economy alongside the prospects of a heightened trade war between the United States and China could...
Macau investors being warned to expect flat January gaming revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau January 8, 2019 0Lower than anticipated takings from the over 30 casinos in Macau during the first week of 2019 has reportedly prompted...
Macau unions requesting pay increases for casino workers Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacauLabor Relations December 11, 2018 0In Macau, a trio of trade unions representing some of the city’s 56,271 gaming industry workers have reportedly called on...
Positive prediction for Macau casino market Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 7, 2018 0In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly declared that he expects this year’s aggregated...
Blockchain-based casino project to be launched for Macau Adam Morgan Casino SalesCryptocurrencyLatest Casino and Gambling NewsEconomy/FinanceOnline Gambling NewsMacauMergers, Acquisitions & Partnerships October 22, 2018 0Maltese investments firm, Wide Rich Global Company, is hoping to bring in up to $1 billion via a virtual currency...
VIP aggregated gross gaming revenues slow in Macau Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau July 16, 2018 0In Macau, second-quarter aggregated gross gaming revenues reportedly grew by 17.2% year-on-year to reach just over $9.11 billion although combined...
Macau Canidrome closing; must relocate 600 greyhounds Kim M Latest Casino and Gambling NewsCasino closuresMacau July 3, 2018 0Asia’s only legal dog-racing track ran its last race on Saturday, June 30, 2018, in what was reportedly a low-key...
Macau awarded AA3 rating by Moody’s Investors Service Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau June 6, 2018 0On of the world’s leading credit ratings agencies has reportdly awarded Macau with a robust AA3 evaluation due to the...