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...
Economic value of Macau gaming industry falls as a result of coronavirus Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxationLabor Relations September 13, 2021 0The over 40 casinos in Macau reportedly saw their combined 2020 contribution to the local economy drop by 79.6% year-on-year...
Macau casinos post reduced July combined tax contribution Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxation September 8, 2021 0The over 40 casinos in Macau reportedly contributed just over $319.63 million in aggregated gaming taxes for July as they...
Philippines regulator expecting to post improved annual tax revenues Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCasino NewsGaming Industry NewsEconomy/FinanceLicensesOnline Gambling NewsSports bettingTaxationPhilippines September 7, 2021 0The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly predicted that her organization expects to bring in aggregated...
Coronavirus consequences for South Korean casino tax revenues Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceTaxationSouth Korea September 3, 2021 0The tax contribution from the 17 casinos in South Korea reportedly fell by 82.4% on a comparative basis last year...
Melco Resorts and Entertainment changing the focus of Altira Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsCasino project updatesEconomy/FinanceMacauMergers, Acquisitions & Partnerships July 28, 2021 0In Macau and Melco Resorts and Entertainment Limited has reportedly announced that it will soon be transforming the casino within...
Singapore looking at a long road to gaming revenues recovery Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino expansion projectsGaming Industry NewsEconomy/FinanceSingapore June 10, 2021 0It could reportedly take up to four years for the two large integrated casino resorts in Singapore to fully recover...
Macau Slot Company Limited has its license extended by three years Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLotteryLicensesMacauSports bettingMergers, Acquisitions & Partnerships June 9, 2021 0The government of Macau has reportedly refreshed the long-held license giving Macau Slot Company Limited the right to operate local...
Macau introduces new coronavirus-related health measures Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau June 9, 2021 0Officials in Macau have reportedly reacted to a small outbreak of the coronavirus pandemic in neighboring Guangdong Province by introducing...
Macau casinos continue their post-coronavirus recovery Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau June 1, 2021 0The 40-strong collection of casinos in Macau reportedly chalked up aggregated gross gaming revenues for May of slightly beyond $1.3...
Macau legislators call on government to run a casino performance assessment Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauLabor Relations May 17, 2021 0In Macau and a group of legislators have reportedly called on the government to institute an official assessment regarding just...
Grand Lisboa Palace expecting to ‘soft launch’ in Macau before the end of June Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsCasino project updatesEconomy/FinanceEmployment & CareersMacau May 5, 2021 0In Macau and local casino operator SJM Holdings Limited has reportedly announced that it expects to ‘soft launch’ its new...
Macau continues recovery in April with 1.1% month-on-month increase in casino GGR Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau May 3, 2021 0The economic recovery process continues in Macau. New reports have been provided for April totals, showing the region earned a...