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...
Sands China Limited due to retain dominant Macau position into the future Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau April 29, 2019 0The Sands China Limited subordinate of American casino giant, Las Vegas Sands Corporation, is likely to retain its position as...
Macau to study the possible introduction of a tourist tax Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau March 26, 2019 0In Macau, officials are reportedly set to study the possibility of introducing a tax on travelers entering the city in...
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...
New currency rules may negatively impact Macau casinos Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceMacau February 16, 2019 0The local branch of global brokerage firm Sanford C Bernstein and Company has reportedly detailed that it is still too...
Macau chalks up record-breaking Chinese New Year figures Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau February 12, 2019 0Last week’s edition of the seven-day Chinese New Year holiday reportedly proved successful for Macau as the enclave surpassed an...
Macau proves important for Las Vegas Sands Corporation Adam Morgan Latest Casino and Gambling NewsU.S.A.Economy/FinanceMacauSingapore January 26, 2019 0Las Vegas Sands Corporation has released its unaudited financial results for 2018 showing that it experienced a 7.8% increase year-on-year...
Philippines annual gross gaming revenues reach an all-time high Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines January 24, 2019 0In the Philippines, a steady stream of foreign high-rollers reportedly helped to push aggregated gross gaming revenues for 2018 up...
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...
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 Legend Development Limited acquires Cambodian land Adam Morgan Casino SalesLatest Casino and Gambling NewsCambodiaCasino NewsMergers, Acquisitions & Partnerships January 2, 2019 0Asian casino operator, Macau Legend Development Limited, has reportedly announced the signing of a deal that has seen it spend slightly...
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...
Nov. GGR for Macau gains 8.5 percent, tops expectations Kim M Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau December 3, 2018 0In Macau, gross gambling revenue increased 8.5 percent for November, exceeding analysts’ expectations with signs of a potential rally in...
Macau records positive October visitor numbers Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau November 23, 2018 0In Macau, this year’s edition of the ‘Golden Week’ public holiday as well as the subsequent opening of the Hong...
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...