Genting Singapore decides to shut-down its Macau subsidiary Renee Kingsley Latest Casino and Gambling NewsCasino project updatesMacau April 26, 2016 0Genting Singapore Plc, part of the Malaysian based Genting Group, recently announced that it had decided to shut-down its Macau...
Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau April 15, 2016 0The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Macau gaming operators urged to assume greater social responsibility Kim M Latest Casino and Gambling NewsConferences / Trade ShowsMacauLabor Relations March 14, 2016 0During a meeting on Friday afternoon in Macau between the Secretary for Economy and Finance Lionel Leong Vai Tak, legislator...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...
Macau casino labor group worry lay-offs will result from recent gaming earnings decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau March 12, 2016 0As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of...
Macau casino employees seeking salary increase via city government Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacauLabor Relations March 2, 2016 0Casino workers located in Macau would like to see a salary increase for their efforts. Employees are represented by various...
Macau’s leading casino operator’s team up to launch ‘Macau loves locals’ initiative Renee Kingsley ChinaMacauMergers, Acquisitions & Partnerships February 24, 2016 0The Macau government has been pushing casino operators for the last 18 months to diversify their portfolio and expand their...
Macau casino operator increases security measures with facial recognition software Sadonna Price Latest Casino and Gambling NewsTechnologyMacau February 15, 2016 1Melco Crown is a gaming operator in Macau who recently announced efforts to step up security measures to try and...
Construction of Cape Verde casino resort started by Macau Legend Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesAfrican Casino NewsLicensesMergers, Acquisitions & Partnerships February 14, 2016 0Construction of its $290 million Cape Verde Casino Resort has officially begun for Macau-based casino and hotel operator Macau Legend...
Chinese New Year sees 730,000 visitors to Macau Sadonna Price Latest Casino and Gambling NewsMacau February 13, 2016 0The 2016 Chinese New Year has seen an increase in visitors to Macau during the holiday, with a 4.8% increase...
Macau and Las Vegas investors welcome to set up new casinos in Cambodia Renee Kingsley CambodiaChinaMacauTaxationNevada February 12, 2016 0Macau and Las Vegas are two of the biggest casino hubs in the world, which makes the process of applying...
Jimei Casino’s VIP slot room has an average first month in Macau Renee Kingsley Casino expansion projectsChinaMacau February 3, 2016 0Macau’s Jimei Casino wanted to implement a new marketing strategy to boost its revenues in 2016 by launching an exclusive...
Macau junkets to benefit from new app that provides up to date information Renee Kingsley ChinaMoney LaunderingAsian Casino NewsMacau February 2, 2016 0Macau’s casino industry has been in decline for the last 24 months due to the significant decline of VIP gamblers...