Macau gaming revenue down 35.5%; Austerity measures implemented Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau September 2, 2015 0Macau witnessed a 35.5% y-o-y gross gaming revenue (GGR) fall to MOP18.62 billion ($2.33 billion) for August, according to information...
8 or more Macau VIP gaming rooms close in August Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacauLabor Relations September 2, 2015 0According to Macau Business Daily, a minimum of 8 VIP gaming rooms should be closing, either already having done so...
Butler training provided by Louis XIII for recruits of Macau Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacauLabor Relations August 31, 2015 0On the Cotai Strip of Macau, Louis XIII is planning on developing a new luxury destination. The property is under...
Macau casinos taking out VIP kidnapping insurance Sadonna Price Latest Casino and Gambling NewsMacau August 31, 2015 0Casinos in Macau are unfortunately no stranger to crime, and the recent increase in casino-related crimes have resulted in operators...
Partner in Macau Ponte 16 posts small loss for first half of 2015 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 31, 2015 0Success Universe Group reported loss of HK$1.9 million ($245,161) for the first half of 2015 in comparison with the same...
Macau diversification, Silk Road Project highlights of upcoming Macao Tourism and Culture Summit Lars Jones Latest Casino and Gambling NewsConferences / Trade ShowsMacau August 27, 2015 0In an unprecedented move the Chinese government will directly address their vision of the Silk Road Project, officially known as...
Macau’s crackdown on underground banking activities will hit struggling casino industry Renee Kingsley ChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauTax EvasionCrimeFinancial Fraud August 27, 2015 0The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the...
China’s Central Bank and Macau to Battle Money Laundering Alex Lanter Latest Casino and Gambling NewsChinaMoney LaunderingAsian Casino NewsMacau August 26, 2015 0The Monetary Authority of Macau and the People’s Bank of China (PBOC) signed a new memorandum of understanding in order...
Forefront of Macau Gaming claims junket operator planning to sack VIP gaming employees Renee Kingsley Gaming Industry NewsAsian Casino NewsMacauLabor Relations August 26, 2015 0Macau’s casino industry has continued to decline in 2015 and the top six casinos in Macau have reportedly lost around...
Macau gaming related crime up last six months Sadonna Price Latest Casino and Gambling NewsMacauCrime August 24, 2015 0In Macau, officials are reporting that crime related to gaming is on the rise, especially within the past quarter. Secretary...
Bernstein report states that mass gambling can help Macau’s casino industry to recover Renee Kingsley Asian Casino NewsMacauPhilippinesSouth Korea August 22, 2015 0Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos...
Melco Crown petitioned by Forefront of Macau Gaming to promote 1,000 employees Renee Kingsley Gaming Industry NewsEconomy/FinanceEmployment & CareersAsian Casino NewsMacauLabor Relations August 20, 2015 0The anti-corruption crackdown in Macau has caused a significant decline in casino revenue and as a result casinos have been...
Macau Casino Jai Alai may reopen mid 2016 Alex Lanter Latest Casino and Gambling NewsCasino openingsAsian Casino NewsMacau August 18, 2015 0SJM Holdings Limited, a casino gaming company based in Macau, is hoping to reopen the renewed Casino Jai Alai situated...
More than 60 VIP club workers laid off in Macau since December seek assistance Sadonna Price Latest Casino and Gambling NewsMacauLabor Relations August 17, 2015 0Since December, the Labour Affairs Bureau of Macau has received 61 applications for employment aid by employees who were recently...
Union Gaming says Nepal might become the next Macau Alex Lanter Latest Casino and Gambling NewsAsian Casino NewsMacauNepal August 17, 2015 0Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing....