Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016 Renee Kingsley Economy/FinanceAsian Casino NewsMacau December 22, 2015 0Gambling establishments who were expecting better things from the Macau government in 2016 had their hopes doused yet again as...
Macau authorities investigate two officials who are suspected of taking bribes Renee Kingsley Casino CheatingChinaMoney LaunderingAsian Casino NewsMacauCrimeRacketeeringBribery December 16, 2015 0Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level...
Dore junket investors continue to hold protests outside Wynn Macau casino Renee Kingsley Gaming Law & LegislationCasino NewsChinaMoney LaunderingAsian Casino NewsMacauFinancial Fraud December 8, 2015 0The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the...
SJM Chairman calls for Macau government to boost tourism Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsAsian Casino NewsMacau December 7, 2015 0Ambrose So Shu Fai, SJM Holdings Chairman, said that Macau’s government has to come up with measures that would boost...
Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again Renee Kingsley ChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau November 11, 2015 0Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a...
SJM Holdings profit drops 81% as VIPs continue to avoid Macau Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 4, 2015 0SJM Holdings saw its profit fall for 81% as VIP gamblers still avoid the former gambling heaven for high rollers....
Union Gaming confirms that Macau transit visa rules will be relaxed Renee Kingsley Gaming Law & LegislationGaming Industry NewsLicensesAsian Casino NewsMacau November 3, 2015 0Macau’s casinos have been patiently waiting for well over a year for the government to show some sign of relaxing...
Junket association happy with tighter regulations imposed by Macau government Renee Kingsley Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud November 2, 2015 0Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...
Wynn Macau faces probe by Macau authorities due to smoking violations Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & Litigation October 28, 2015 0Macau, once a gambling paradise and a haven for casino establishments has tightened a number of regulations in the last...
Lack of gaming tables puts Macau Melco Crown’s investors in a tough spot Renee Kingsley Casino NewsCasino openingsAsian Casino NewsMacau October 26, 2015 0When Melco Crown Entertainment decided to build yet another casino in the biggest gambling hub in the world, there were...
Macau authorities arrest South Korean casino workers for enticing Chinese gamblers Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & LitigationSouth Korea October 20, 2015 0Macau’s casino industry used to enlist special junket operators whose main role was to target VIP gamblers from Mainland China...
Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop Renee Kingsley World Casino NewsNew HotelsCasino project updatesEconomy/FinanceAsian Casino NewsMacau October 16, 2015 0Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away...
Macau junket operator Iao Kun sees huge decrease in chip turnover Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau October 8, 2015 0Based on a recent filing with the Nasdaq Stock Exchange, Iao Kun, a junket company operating in Macau, has seen...
Macau Golden Week suffers visitor decrease due to Typhoon Mujigae Renee Kingsley Gaming Law & LegislationCasino NewsChinaEconomy/FinanceAsian Casino NewsMacau October 5, 2015 0Macau’s department of gaming recently confirmed that gaming revenue has fallen for the 16th consecutive month. This drop in gaming...