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...
Number of licensed junket firms in Macau drops to all-time low of 46 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsCrime January 27, 2022 0In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly licensed just 46 casino junket firms for 2022...
Macau’s draft gaming bill passes first Legislative Assembly reading Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships January 25, 2022 0Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill...
Zhuhai COVID-19 outbreak causes revenues to drop in Macau Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau January 24, 2022 0COVID-19 continues to rear its ugly head in Macau, this time causing revenues to drop once again. Last week, a...
Macau looking to introduce draft gaming bill on Monday Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation January 19, 2022 0The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative...
Macau casino firms could soon face minimum annual gaming revenue targets Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationFines, Lawsuits & Litigation January 18, 2022 0As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige...
Macau casino licensing decision prompts widespread investor confidence Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships January 17, 2022 0The value of individual shares in some of Macau’s largest casino operators reportedly improved significantly over the weekend on the...
Casino licensing status quo to be largely maintained in Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships January 14, 2022 0After much debate and speculation, the government of Macau has reportedly announced that it is planning to grant six companies...
JPMorgan Chase and Company upgrades trio of Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau January 13, 2022 0American investment bank JPMorgan Chase and Company has reportedly given the coronavirus-hit casino market of Macau a big boost by...
Macau casino operators encounter challenging start to the year Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau January 10, 2022 0The casino hotspot of Macau has reportedly experienced a disappointing start to 2022 although local operators are continuing to chalk...