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...
NagaWorld having a good first quarter–VIP revenue doubles Sam Mitchell Latest Casino and Gambling NewsCambodiaCasino News April 13, 2015 0NagaCorp Ltd, a Cambodian casino operator, released first quarter earnings on April 1, 2015. NagaCorp revealed that their NagaWorld resort in...
China gets help from Macau on anti-graft campaign Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsChinaMacauCrime April 7, 2015 0Macau and Beijing are working together to help crackdown on corruption. Macau’s anti-graft agency, a part of the the Commission...
5% salary hike at Melco Crown Macau–follows Wynn Resorts Jenn G Latest Casino and Gambling NewsCasino NewsEmployment & CareersMacauFinancial Press Releases March 25, 2015 0Melco Crown Entertainment is one of the latest gaming operators to offer a pay raise to staff. In a letter...
Tougher travel visa rules in Macau to affect gambling Sam Mitchell Latest Casino and Gambling NewsMacau March 24, 2015 0A report by Nomura Securities’ analysts Harry Curtis and Stella Xing was released on the possible changes to travel visas...
South Korea gambling revenues rise 9th year in a row Lars Jones Latest Casino and Gambling NewsWorld Casino NewsSouth Korea March 19, 2015 0The casino industry suffered setbacks throughout the world and gambling hubs like Macau and Las Vegas reported significant declines in...
Beijing keeping close eye on public officials visiting Macau Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsMacauCrime March 16, 2015 0Beijing continues to be relentless in its fight against corruption specifically targeting Macau’s casinos and VIP gamblers who spend lavish...