Macau casino operators facing free cash flow to equity run rate crisis Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 30, 2022 0Some of the largest casino operators in Macau may reportedly start running out of ready cash in as little as...
Golden Dragon Group plans to shut down its Macau satellite casinos this year Sadonna Price Latest Casino and Gambling NewsMacau March 28, 2022 0As amendments are in the works for the gaming law of Macau, one satellite operator has plans to shut down...
Net debt of Macau casino operators has quadrupled since 2019 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 17, 2022 0The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the...
Macau casino operators not set to face increase in tax rates Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships March 17, 2022 0The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under...
Macau’s draft gaming bill to potentially include communications directive Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 16, 2022 0In Macau and a prominent legislator has reportedly declared that the city’s six casino operators could soon be fined up...
Disappointing weekend for Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 15, 2022 0For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators...
Macau casino operators facing six-month license extension costs Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceEmployment & CareersLicensesMacauMergers, Acquisitions & Partnerships March 10, 2022 0In Macau and every member of the enclave’s six-strong club of licensed casino operators is reportedly being asked to pay...
Macau casino operators experience aggregated share price slump Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 8, 2022 0The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by...
Macau draft gaming legislation looking to include national security protections Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacauFines, Lawsuits & Litigation March 7, 2022 0Draft gaming legislation currently being debated in Macau could reportedly allow the enclave’s Chief Executive to rapidly terminate any local...
Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 1, 2022 0Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase...
Macau gaming tax increases in 2021 to MOP$33.91 billion Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 21, 2022 0The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a...
Macau casino market chalks up Chinese New Year success Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau February 8, 2022 0The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross...
Sands China Limited cancels Macau deals with ‘three primary’ junkets Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsCrime February 7, 2022 0American casino operator Las Vegas Sands Corporation has reportedly announced that its Sands China Limited subordinate terminated cooperation agreements in...
Macau casino market records discouraging January gross gaming revenues Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsCrimeFines, Lawsuits & Litigation February 1, 2022 0The 41 casinos in Macau reportedly experienced a disappointing start to 2022 after seeing their aggregated gross gaming revenues for...
Tak Chun Group boss arrested on criminal gang charges in Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceUnlicensed OperationLicensesMacauMergers, Acquisitions & PartnershipsCrimeFines, Lawsuits & Litigation January 31, 2022 0The man behind Asian junket giant Tak Chun Group, Levo Chan Weng Lin (pictured), was reportedly arrested by Macau police...