Macau gambling regulators debate casino tables in Coloane Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 16, 2015 0Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane...
MGM reconfigures credit agreement for Macau Resort Sam Mitchell Latest Casino and Gambling NewsLas VegasChinaGaming Industry NewsEconomy/FinanceMacau June 14, 2015 1MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The...
VIP revenue slump causes two junket operators to scale back Sam Mitchell Casino closuresMacau June 10, 2015 0Neptune Guangdong Group and David Group are two of the largest junket operators in Macau. They announced their intention to...
Baccarat games boost Las Vegas revenue in April 2015 Renee Kingsley Latest Casino and Gambling NewsU.S.A.Las VegasMacauFinancial Press ReleasesPhilippinesSouth KoreaVietnam June 1, 2015 0Casinos in Las Vegas might have had an average 2014 but things are looking up in 2015. Las Vegas casinos...
China’s anti-corruption crackdown causing concerns for Macau casinos Renee Kingsley Latest Casino and Gambling NewsCasino NewsMacau May 20, 2015 0James Packer is one of Australia’s richest men and has a fortune that is estimated to be close to $5...
Galaxy Macau Phase II and Broadway Macau opening May 27 Lars Jones Latest Casino and Gambling NewsCasino NewsCasino project updatesMacau May 19, 2015 0In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau...
Macau targets India and expects more tourists to arrive Lars Jones Gaming Industry NewsIndiaMacau May 18, 2015 0Macau remains the biggest gambling hub in the world but has been asked by Beijing to stop relying on its casino industry as...
Sun City opens junket rooms in Philippines–Macau policies may be reason Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauPhilippines May 18, 2015 0Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...
Two venues opening soon in Macau, table allocation not determined Sam Mitchell Latest Casino and Gambling NewsCasino NewsCasino project updatesLicensesMacau May 14, 2015 0Galaxy Entertainment Group in Macau is set to open two greatly anticipated properties in just a couple of weeks. However, this could...
Beijing pushes for economic diversification in Macau in order to limit Western financial control Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsMacau May 13, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...
Junket operator Iao Kun rolling chip revenue plunges 71% Sam Mitchell Latest Casino and Gambling NewsMacauFinancial Press Releases May 8, 2015 0Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...
Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1 Lars Jones MacauFinancial Press Releases May 4, 2015 0Sands China saw all of it’s properties post lower revenues in the first quarter of 2015 for a total profit...
Macau’s GDP could shrink by 14.7 Percent Sam Mitchell Latest Casino and Gambling NewsCasino NewsMacau April 27, 2015 0The University of Macau’s department of Economics released a report Monday April 27, 2015 regarding macroeconomic forecast data. According to...
Australia to see casino revenue skyrocket within 5 years Sam Mitchell Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry News April 15, 2015 0Tuesday April 14, 2015 news revealed that Australia is gaining ground in the casino industry. Projections have casino revenue increasing...
Union Gaming reports that a large number of Macau’s visitors book their tickets only 48 hours before arrival Lars Jones Latest Casino and Gambling NewsMacau April 15, 2015 0Union Gaming Research Macau Ltd recently reported that a large percentage of visitors to Macau are booking their tickets only...