Golden Dragon Group plans to shut down its Macau satellite casinos this year Sadonna Price Latest Casino and Gambling NewsMacau March 28, 2022 0As amendments are in the works for the gaming law of Macau, one satellite operator has plans to shut down...
Net debt of Macau casino operators has quadrupled since 2019 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 17, 2022 0The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the...
Macau casino operators not set to face increase in tax rates Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships March 17, 2022 0The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under...
Macau’s draft gaming bill to potentially include communications directive Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 16, 2022 0In Macau and a prominent legislator has reportedly declared that the city’s six casino operators could soon be fined up...
Macau casino operators facing six-month license extension costs Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceEmployment & CareersLicensesMacauMergers, Acquisitions & Partnerships March 10, 2022 0In Macau and every member of the enclave’s six-strong club of licensed casino operators is reportedly being asked to pay...
Macau gaming tax increases in 2021 to MOP$33.91 billion Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 21, 2022 0The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a...
Macau casino market chalks up Chinese New Year success Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau February 8, 2022 0The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross...
Sands China Limited cancels Macau deals with ‘three primary’ junkets Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsCrime February 7, 2022 0American casino operator Las Vegas Sands Corporation has reportedly announced that its Sands China Limited subordinate terminated cooperation agreements in...
Number of licensed junket firms in Macau drops to all-time low of 46 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsCrime January 27, 2022 0In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly licensed just 46 casino junket firms for 2022...
Macau looking to introduce draft gaming bill on Monday Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation January 19, 2022 0The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative...
Macau casino licensing decision prompts widespread investor confidence Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships January 17, 2022 0The value of individual shares in some of Macau’s largest casino operators reportedly improved significantly over the weekend on the...
Casino licensing status quo to be largely maintained in Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships January 14, 2022 0After much debate and speculation, the government of Macau has reportedly announced that it is planning to grant six companies...
JPMorgan Chase and Company upgrades trio of Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau January 13, 2022 0American investment bank JPMorgan Chase and Company has reportedly given the coronavirus-hit casino market of Macau a big boost by...
Macau casino operators encounter challenging start to the year Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau January 10, 2022 0The casino hotspot of Macau has reportedly experienced a disappointing start to 2022 although local operators are continuing to chalk...
Macau instituting international air travel prohibition to fight coronavirus Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau January 6, 2022 0The government of Macau has reportedly reacted to the threat being posed by the rising prevalence of the Omicron variant...