Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Universal smoking ban could idle thousands of Macau junket workers Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsWorld Casino NewsMacau July 4, 2015 0Local media are reporting that a proposed smoking ban could effect about half of all junket employee’s jobs. There are...
Macau executive council introduces new tobacco control bill Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...
Casino stocks increase after Macau announces new visa rules Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...
Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
One fourth of lottery funds misused in China; US$2.72 billion Sam Mitchell Latest Casino and Gambling NewsChinaLotteryUnlicensed OperationFinancial Fraud June 26, 2015 0Thursday, June 25, 2015 the National Audit Office of China revealed misappropriation of lottery funds on its website. According to...
Seventeen casinos scheduled to open before 2020 in Asia Pacific Renee Kingsley Latest Casino and Gambling NewsCambodiaAustraliaCasino NewsChinaNew ZealandJapanAsian Casino NewsMacauOceania Casino NewsMalaysiaNepalPhilippinesRussiaSingaporeSouth KoreaVietnam June 22, 2015 0The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time...
Aruba Invests $100 Million In Island Upgrades Bernard Richter Casino NewsArubaCasino project updates June 18, 2015 0ORANJESTAD, Aruba, June 18, 2015 /PRNewswire/ — As part of Aruba’s ongoing, $1 billion+ island revitalization and beautification project, the destination...
Galaxy Phase II expected to see revenue increase Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau June 18, 2015 0Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the...
Macau’s Financial Services Bureau reports 35% drop in govt gaming tax Renee Kingsley Casino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau June 18, 2015 0When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be...
Plainridge Park Casino opens next Wednesday in Massachusetts Sadonna Price Latest Casino and Gambling NewsCasino openingsMassachusetts June 17, 2015 0The first casino of Massachusetts is set to open next Wednesday, offering visitors slots gaming, restaurants, food court, bar and...
Macau gambling regulators debate casino tables in Coloane Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 16, 2015 0Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane...
Portuguese online gaming launches June 28–Estoril Sol dismayed Lars Jones Latest Casino and Gambling NewsLicensingPortugal June 14, 2015 1Estoril Sol is owned by Portuguese operator Sociedade de Turismo e Diversões de Macau (STDM). The parent company saw their...
Junket operator David Group denies closures, layoff plans Lars Jones Latest Casino and Gambling NewsGaming Industry NewsMacau June 12, 2015 2On the heels of Neptune Guangdong Group denying media reports yesterday that they plan to idle as many as 300...
Neptune Guangdong Group denies layoffs Lars Jones Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsMacau June 11, 2015 0Reports here and in several Asian news outlets recently, as well as analysis from Daiwa Securities Group have indicated imminent...