Slowdown of Macau casino market continues into March Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau March 10, 2020 0The first eight days of March reportedly saw the 39 active casinos in Macau post aggregated gross gaming revenues that...
Coronavirus fears negatively impact Nevada casino investors Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceNevada March 6, 2020 0The value of shares in some of Nevada’s most prominent casino operators reportedly dropped dramatically yesterday amid ongoing fears that...
Macau government dismisses gaming tax relief suggestion Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxation March 6, 2020 0In Macau, a leading government official has reportedly detailed that the city has no intention of introducing temporary tax breaks...
Wynn Macau Limited raising junket commission rate to 42.5% Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 4, 2020 0The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it...
Coronavirus fears ruin Macau’s February gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau March 2, 2020 0The 39 active casinos in Macau reportedly saw their aggregated gross gaming revenues for February plummet by 87.8% year-on-year to...
Kangwon Land Casino closure extended to Sunday Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceSouth Korea March 2, 2020 0In South Korea and the operator behind the Kangwon Land Casino has reportedly extended its temporary closure of the venue...
Fourth-quarter frustration for Galaxy Entertainment Group Limited Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceMacau February 27, 2020 0Asian casino operator Galaxy Entertainment Group Limited has reportedly released its financial results for the final three months of 2019...
Macau hotel occupancy rates plummet amid continuing coronavirus anxiety Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 26, 2020 0In Macau and fears over the highly-contagious coronavirus strain reportedly helped to push the average January occupancy rate for the...
SJM Holdings Limited boss asking for coronavirus tax relief Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxationSingapore February 20, 2020 0The boss for Macau casino operator SJM Holdings Limited has reportedly asked the local government to consider handing out tax...
Macau casinos to re-open from tomorrow with reduced capacity Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 19, 2020 0In Macau and casinos hoping to re-open following the temporary 15-day coronavirus shutdown will reportedly be required to reduce the...
Saipan legislators considering lifting poker machine moratorium Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsGame manufacturersEconomy/FinanceSaipanPokerTaxation February 18, 2020 0In the Commonwealth of the Northern Mariana Islands and legislators have reportedly discussed the possibility of lifting a moratorium for the...
Macau casinos to re-open on Thursday following coronavirus shutdown Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 17, 2020 0The 39 active casinos in Macau will reportedly be allowed to re-open from midnight on Thursday following the conclusion of...
Donaco International Limited initiates coronavirus layoffs in Vietnam Adam Morgan Latest Casino and Gambling NewsCambodiaCasino NewsGaming Industry NewsEconomy/FinanceVietnam February 12, 2020 0Asian boutique casino operator Donaco International Limited has reportedly announced that it has laid off staff at its Aristo International...
Macau likely to record ‘bleak’ February aggregated gross gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 12, 2020 0A leading brokerage firm has reportedly predicted that an ongoing casino shutdown in Macau could eventually push the city’s aggregated...
Macau visitor numbers decline amid ‘Wuhan virus’ fears Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau January 27, 2020 0In Macau and aggregate tourist numbers reportedly dropped by almost 50% year-on-year on Friday and Saturday amid growing apprehension surrounding...