Wynn Palace Macau experiencing “slow ramp-up” in mass-market operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 4, 2016 0Since opening on August 22, the new $4.2 billion Wynn Palace Cotai resort casino from Wynn Resorts Limited has reportedly experienced...
VIP segment success helps Macau report rise in September gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 3, 2016 0September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...
Upcoming visit of Chinese Premier may adversely affect Macau VIP gaming business Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 1, 2016 0Casino owners in Macau are bracing themselves for a potential downturn in VIP high-stakes business following news that Chinese Premier...
Macau government re-opens Light Rapid Transit tender with 2019 target Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships September 29, 2016 0After suspending the previous deal following a dispute with the original contractor, the Transportation Infrastructure Office has re-launched the tender...
Initial consensus reached on Macau out-of-hours casino staff ban Martin Chua Latest Casino and Gambling NewsGaming Law & LegislationMacau September 28, 2016 0The Gaming Inspection And Coordination Bureau (DICJ) of Macau has reportedly revealed that it has reached a preliminary consensus regarding...
Macau junket operator reports steep decline in rolling chip turnover Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 23, 2016 0After closing its high-roller operations at the Sands Cotai Central, the StarWorld Casino And Hotel Resort and the Galaxy Macau...
Macau ban fuels rise in Philippines second-quarter gross casino revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines September 23, 2016 0Casinos in the Philippines reported a 30% increase year-on-year in aggregate gross casino revenues for the three months to the...
Uber decides to continue Macau operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 19, 2016 0Despite facing an official policy that has seen its users issued with some 379 fines totaling over $1.25 million since...
Macau junket operator facing lawsuit following closures Martin Chua Latest Casino and Gambling NewsMacauFines, Lawsuits & Litigation September 16, 2016 0In Macau, VIP junket operator Iao Kun Group Holding Company Limited could be facing a lawsuit after recently announcing that...
Junket operator abandons two more Macau casinos Martin Chua Latest Casino and Gambling News September 15, 2016 0After announcing a little over a week ago that it had closed its high-roller operations at the Sands Cotai Central,...
Analysts predicting continued recovery in Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 14, 2016 0After posting a 1.1% increase year-on-year in overall gross gaming revenues for August to $2.4 billion, Macau’s gaming industry could...
Morgan Stanley reports decline in Macau VIP gambling and strong growth in International VIP gambling during Q2 Renee Kingsley Latest Casino and Gambling NewsMacau September 14, 2016 0Morgan Stanley recently released a market report for Q2 of 2016 covering the global VIP gambling market and revealed that...
Parisian Macao opens to crowds and optimism for Macau Kim M Latest Casino and Gambling NewsCasino openingsCasino project updatesMacau September 14, 2016 0In the presence of huge crowds outside the half-scale replica of the Eiffel Tower, the Parisian Macau officially opened at...
Las Vegas Sands Corporation may consider further themed Macau casino resorts Martin Chua Latest Casino and Gambling NewsCasino proposalsCasino openingsMacau September 13, 2016 0Las Vegas Sands Corporation could soon consider the possibility of building additional themed casino resorts in Macau including developments based...
Studio City Casino Macau hopes to roll out VIP tables this month Martin Chua Latest Casino and Gambling NewsCasino project updatesMacau September 8, 2016 0After announcing in July that it wanted to bring VIP gaming tables to its Studio City Casino Macau property, Melco...