Coronavirus setback for Macau’s ‘Golden Week’ optimism Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau September 27, 2021 0Hopes that the casino industry in Macau would be able to benefit from China’s upcoming ‘Golden Week’ national holiday have...
Macau casino and junket firms seek clarity on future regulatory landscape Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships September 22, 2021 0In Macau and representatives from some of the city’s junket firms reportedly joined casino executives at a meeting on Monday...
SJM Holdings Limited forecasts ten-year term for future Macau casino licenses Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships September 22, 2021 0In Macau and local casino operator SJM Holdings Limited has reportedly announced that it believes the city’s upcoming tendering process...
Morgan Stanley again lowers Macau annual forecasts amid coronavirus stall Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau September 20, 2021 0For the second time this year and global brokerage and investments firm Morgan Stanley has reportedly cast doubts on the...
Stark reaction to proposed future Macau casino regulations Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships September 15, 2021 0The value of shares in some of Macau’s largest casino operators was reportedly rocked yesterday after the local government released...
Macau to oblige all land-based video slots to feature a clock by the end of 2024 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsGame manufacturersMacau September 14, 2021 0In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly announced that all of the enclave’s many land-based...
Economic value of Macau gaming industry falls as a result of coronavirus Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxationLabor Relations September 13, 2021 0The over 40 casinos in Macau reportedly saw their combined 2020 contribution to the local economy drop by 79.6% year-on-year...
Macau casinos post reduced July combined tax contribution Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxation September 8, 2021 0The over 40 casinos in Macau reportedly contributed just over $319.63 million in aggregated gaming taxes for July as they...
Macau gaming revenues chalk up August advance despite sequential setback Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau September 1, 2021 0In Macau and aggregated gross gaming revenues for August reportedly increased by some 234% year-on-year to top $554.49 million despite...
Macau aggregated gross gaming revenues continued their resurgence in July Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau August 2, 2021 0In Macau and aggregated gross gaming revenues for July reportedly rose by 528.1% year-on-year to just over $1.05 billion despite...
Melco Resorts and Entertainment changing the focus of Altira Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsCasino project updatesEconomy/FinanceMacauMergers, Acquisitions & Partnerships July 28, 2021 0In Macau and Melco Resorts and Entertainment Limited has reportedly announced that it will soon be transforming the casino within...
Macau records improved June aggregated gross gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau July 1, 2021 0The casino hotspot of Macau reportedly posted an impressive rise of 812.5% year-on-year in aggregated gross gaming revenues for June...
Macau aggregated gross gaming revenues hurt by new travel restrictions Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau June 22, 2021 0Macau reportedly saw its aggregated gross gaming revenues drop off by almost 24% last week after neighboring Guangdong Province instituted...
Las Vegas Sands Corporation facing $12 billion lawsuit in Macau Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation June 9, 2021 0In Macau and Las Vegas Sands Corporation is reportedly facing a $12 billion lawsuit over allegations tied to its receipt...
Macau Slot Company Limited has its license extended by three years Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLotteryLicensesMacauSports bettingMergers, Acquisitions & Partnerships June 9, 2021 0The government of Macau has reportedly refreshed the long-held license giving Macau Slot Company Limited the right to operate local...