MGM and Wynn Macau have stopped providing free shuttle access from March 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau April 14, 2016 0A couple of years ago it would have been inconceivable to think that visitors to Macau would have to pay...
Morgan Stanley reports Macau could reach overcapacity by 2017 Sadonna Price Latest Casino and Gambling NewsMacau April 13, 2016 0With several new resort venues in the works for the city of Macau, analysts believe that by 2017, the city...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
Las Vegas Sands agrees to pay $9 million to end Macau bribery probe Lars Jones Latest Casino and Gambling NewsLas VegasMacauBriberyFines, Lawsuits & Litigation April 8, 2016 0Las Vegas Sands Corp (NYSE: LVS) agreed Thursday to pay $9 million in order to end a five year probe into...
Macau casino gaming revenues continue to decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau April 3, 2016 0The latest reports of gaming revenues from Macau show the gambling city continues to fall short of revenue estimates, with...
Macau government announces no interest in expanding IVS policy Sadonna Price Latest Casino and Gambling NewsChinaHong KongMacau March 30, 2016 0On Tuesday, Fernando Chui Sai, the Chief Executive of Macau, spoke to local media, stating that the government of Macau...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Yacht club border post coming to Macau Fisherman’s Wharf Kim M Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0On Monday, the Macau government confirmed that the proposed waterside development facility, Macau Fisherman’s Wharf, currently under construction will have...
New gaming area opens at Grand Lisboa of Macau Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 21, 2016 0On Friday, a new gaming area was revealed at the Grand Lisboa, what the casino’s operator SJM Holdings Ltd is...
Macau junket operators not interested in setting up services in new Cotai venues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 20, 2016 0With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...
Macau gaming operators urged to assume greater social responsibility Kim M Latest Casino and Gambling NewsConferences / Trade ShowsMacauLabor Relations March 14, 2016 0During a meeting on Friday afternoon in Macau between the Secretary for Economy and Finance Lionel Leong Vai Tak, legislator...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...
Macau casino labor group worry lay-offs will result from recent gaming earnings decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau March 12, 2016 0As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of...
Casino tycoon Lui Che-Woo to build Avatar styled theme park for Galaxy Macau Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsChinaCasino mogulsMacau March 9, 2016 0Macau billionaire Lui Che-Woo made his fortune by turning the Galaxy Entertainment Group Ltd into the third largest casino enterprise...