Macau targets India and expects more tourists to arrive Lars Jones Gaming Industry NewsIndiaMacau May 18, 2015 0Macau remains the biggest gambling hub in the world but has been asked by Beijing to stop relying on its casino industry as...
Sun City opens junket rooms in Philippines–Macau policies may be reason Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacauPhilippines May 18, 2015 0Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...
Batman Dark Flight to be centerpiece at Studio City Macau Bernard Richter Latest Casino and Gambling NewsCasino project updatesThe Players LoungeMacau May 15, 2015 0SHANGHAI, China, May 15, 2015 (GLOBE NEWSWIRE) — Melco Crown Entertainment Limited (SEHK:6883) (Nasdaq:MPEL) (“Melco Crown Entertainment” or the “Company”),...
Gaming revenue dips; Macau govt surplus down 54.8% Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 14, 2015 0On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone...
Two venues opening soon in Macau, table allocation not determined Sam Mitchell Latest Casino and Gambling NewsCasino NewsCasino project updatesLicensesMacau May 14, 2015 0Galaxy Entertainment Group in Macau is set to open two greatly anticipated properties in just a couple of weeks. However, this could...
Deutsche Bank says Macau mass gamblers do not bring in as much revenue as VIP gamblers Renee Kingsley Economy/FinanceMacau May 14, 2015 0Beijing’s anti-corruption campaign against VIP gamblers in Macau over an extended period of time has been successful as these VIP...
Beijing pushes for economic diversification in Macau in order to limit Western financial control Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsMacau May 13, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...
Sheldon Adelson testifies that Las Vegas Sands executives had no ulterior motives for sacking ex-Macau CEO Renee Kingsley MacauFines, Lawsuits & LitigationNevada May 5, 2015 0Billionaire and Las Vegas Sands Chairman Sheldon Adelson was forced to take the stand in court for the third time to...
Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1 Lars Jones MacauFinancial Press Releases May 4, 2015 0Sands China saw all of it’s properties post lower revenues in the first quarter of 2015 for a total profit...
Hundreds of casino workers in Macau protest on Labor Day Renee Kingsley Latest Casino and Gambling NewsCasino NewsMacauLabor Relations May 4, 2015 0Beijing’s anti-corruption crackdown on Macau’s casino industry over the past 12 months has resulted in huge losses for casinos as...
Macau government official says cuts needed if gaming revenue declines more Sam Mitchell Latest Casino and Gambling NewsGaming Industry NewsMacau May 1, 2015 0Lionel Leong Vai Tac, Secretary for Economy and Finance, made a media statement April 29, 2015 stating government spending cuts...
Casino Louis XIII Macau confirms July 1, 2016 opening: Updated, early 2017 Sadonna Price Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesMacau April 29, 2015 0In a press release related to their acceptance of the delivery of 30 bespoke Rolls Royce vehicles on Sept 28,...
Studio City to host mega nightclub “Pacha Macau” Bernard Richter Latest Casino and Gambling NewsCasino project updatesThe Players LoungeMacau April 28, 2015 0The World’s Largest Nightclub Brand to Greater China MACAU, April 28, 2015 (GLOBE NEWSWIRE) — Melco Crown Entertainment Limited (SEHK:6883)...
Macau’s GDP could shrink by 14.7 Percent Sam Mitchell Latest Casino and Gambling NewsCasino NewsMacau April 27, 2015 0The University of Macau’s department of Economics released a report Monday April 27, 2015 regarding macroeconomic forecast data. According to...
Sheldon Adelson talks about visitor cap in Macau Sam Mitchell Latest Casino and Gambling NewsGaming Industry NewsMacau April 23, 2015 0Sheldon Adelson, chairman and chief executive for Las Vegas Sands Corp, spoke with media Wednesday April 22, 2015 regarding a...