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...
NagaCorp’s year-to-date gaming revenue up 47% D. Graham Latest Casino and Gambling NewsCambodiaCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceMacau October 4, 2015 0NagaCorp Ltd reported unaudited data to the Hong Kong Stock Exchange Friday of almost U.S. $400 million GGR for the...
Macau casino stocks up on reports of potential economic support from Beijing Lars Jones Latest Casino and Gambling NewsCasino NewsChinaEconomy/FinanceMacau October 4, 2015 0Macau casinos’ gross gaming revenue fell by 1/3 in September, the sixteenth month in a row showing decline, but the...
Neptune Group contemplates shutting down Macau junket operation Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships September 29, 2015 0Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post...
Macau junket ops taking debtors to court Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacauFines, Lawsuits & Litigation September 5, 2015 0According to a report on Macau Business Daily (MBD), there has been a major increase in filings with the Court of...
Forefront of Macau Gaming claims junket operator planning to sack VIP gaming employees Renee Kingsley Gaming Industry NewsAsian Casino NewsMacauLabor Relations August 26, 2015 0Macau’s casino industry has continued to decline in 2015 and the top six casinos in Macau have reportedly lost around...
Bernstein report states that mass gambling can help Macau’s casino industry to recover Renee Kingsley Asian Casino NewsMacauPhilippinesSouth Korea August 22, 2015 0Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos...
Melco Crown petitioned by Forefront of Macau Gaming to promote 1,000 employees Renee Kingsley Gaming Industry NewsEconomy/FinanceEmployment & CareersAsian Casino NewsMacauLabor Relations August 20, 2015 0The anti-corruption crackdown in Macau has caused a significant decline in casino revenue and as a result casinos have been...
Macau Casino Jai Alai may reopen mid 2016 Alex Lanter Latest Casino and Gambling NewsCasino openingsAsian Casino NewsMacau August 18, 2015 0SJM Holdings Limited, a casino gaming company based in Macau, is hoping to reopen the renewed Casino Jai Alai situated...
Union Gaming says Nepal might become the next Macau Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsMacauNepal August 17, 2015 0Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing....
Macau casino operator SJM Holdings profit falls more than half Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 13, 2015 0Macau casino operator SJM Holdings reported huge losses of more than 50% year-on-year in the first half of 2015. The...
Studio City to open in Macau October 27 Lars Jones New HotelsCasino project updatesMacau August 5, 2015 0The $3.2 billion Studio City will open in Macau on October 27. Melco Crown Entertainment Ltd, controlled by Lawrence Ho...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...