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...
Premium-mass likely to be the new habitat for many Macau junket operators Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships December 15, 2021 0Up to 30% of junket business in the casino hotspot of Macau may reportedly soon abandon the more traditional high-value...
Trio of Macau casino operators hit with ‘ratings watch negative’ appraisals Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau December 13, 2021 0Prominent credit ratings agency Fitch Ratings Incorporated has reportedly assigned a trio of firms behind some of the largest casinos in Macau...
Wynn Macau Limited suffers third-quarter financial setback Adam Morgan Latest Casino and Gambling NewsU.S.A.Casino NewsGaming Industry NewsEconomy/FinanceMacau November 10, 2021 0In Macau and casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the third quarter showing...
Coronavirus setback for Macau’s ‘Golden Week’ optimism Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau September 27, 2021 0Hopes that the casino industry in Macau would be able to benefit from China’s upcoming ‘Golden Week’ national holiday have...
Morgan Stanley again lowers Macau annual forecasts amid coronavirus stall Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau September 20, 2021 0For the second time this year and global brokerage and investments firm Morgan Stanley has reportedly cast doubts on the...
Stark reaction to proposed future Macau casino regulations Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships September 15, 2021 0The value of shares in some of Macau’s largest casino operators was reportedly rocked yesterday after the local government released...