Foreign tourists to help Macau revival in 2017 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 29, 2016 0Macau’s effort to reinvent itself by premiering more family-friendly attractions is reportedly set to pay off next year as the...
Macau sees higher November hotel occupancy rate as average room price drops Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsMacau December 21, 2016 0The average daily hotel occupancy rate in Macau increased by 6.6% year-on-year last month to hit 91.6% while the median...
Macau casino market to finish 2016 on a high due to VIP recovery Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 15, 2016 0In Macau, gaming industry experts have predicted that aggregated gross gaming revenues for December could rise by as much as...
Wynn Resorts Limited inks $472 million Wynn Plaza partnership Adam Morgan Latest Casino and Gambling NewsLas VegasMergers, Acquisitions & Partnerships December 15, 2016 0American casino operator Wynn Resorts Limited has reportedly established a joint venture with commercial real estate firm Crown Acquisitions Incorporated...
Macau gaming regulator predicts positive future for local casino industry Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 9, 2016 0The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated...
Macau’s GGR shows fourth consecutive month of increase after 14 percent growth reported in November Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau December 2, 2016 0Macau’s casino industry appears to be finally witnessing a turnaround after the Gaming Inspection and Coordination Bureau reported that gross...
Gaming element planned for new City Of Dreams Macau hotel tower Adam Morgan Latest Casino and Gambling NewsCasino project updatesMacau November 30, 2016 0The boss for Melco Crown Entertainment Limited has reportedly announced that the long-anticipated fifth hotel tower being constructed for its...
Macau Legislators open to new casinos in Coloane as long as they comply with all regulations Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationNew HotelsCasino project updatesMacau November 28, 2016 0The six major casino operators in Macau could soon be turning their focus to Coloane to develop new casinos in...
Tak Chun Group inaugurates Studio City Casino Macau VIP operation Adam Morgan Latest Casino and Gambling NewsCasino NewsMacauMergers, Acquisitions & Partnerships November 23, 2016 0Yesterday saw Macau VIP junket firm Tak Chun Group officially open an operation inside the Studio City Casino Macau featuring...
Macau reports mass-market resurgence for third quarter Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 12, 2016 0The six licensed casino operators in Macau have reportedly revealed that VIP games accounted for only 44% of their aggregated...
Wynn Macau Limited records third-quarter loss Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 3, 2016 0Wynn Macau Limited, the casino operator controlled by Las Vegas-based Wynn Resorts Limited, has reported a third-quarter loss only 40...
Revival in Macau gross gaming revenues continues for a third month Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau November 1, 2016 0New figures released by the Gaming Inspection And Coordination Bureau show that the casino industry in Macau is continuing its...
Wynn and Leighton Asia reach settlement on Wynn Palace work Sadonna Price Latest Casino and Gambling NewsMacauFines, Lawsuits & Litigation October 31, 2016 0It was recently announced that a settlement has been reached between Wynn Resorts and Leighton Contractors (Asia) over the luxury...
Gaming Analysts attribute increase in Macau tourism to Wynn Palace and Parisian Macao Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau October 25, 2016 0The Macau government has sought to transform the image of Macau from being the biggest gambling hub in the world...
Macau turnaround sees analysts predict 5 to 9 percent Gross Gaming Revenue growth Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau October 12, 2016 0Macau’s casino industry went through its biggest slump after Chinese President Xi Jinping launched an anti-corruption crackdown in early 2014...