Tagged chinese new year

Macau gaming tax increases in 2021 to MOP$33.91 billion

February 21, 2022

Latest Casino and Gambling News, Economy/Finance, Macau

The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MOP$33.91 billion ($4.22 billion) was paid by operators. This is an increase of 13....

Macau casino market chalks up Chinese New Year success

Adam Morgan

February 8, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross gaming revenues for the seven-day period of approximately $289.8 million. According ...

Macau’s draft gaming bill passes first Legislative Assembly reading

Adam Morgan

January 25, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Taxation, Mergers, Acquisitions & Partnerships

Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill and subsequently send the proposed legislation to a sub-committee f...

Macau casino operators encounter challenging start to the year

Adam Morgan

January 10, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The casino hotspot of Macau has reportedly experienced a disappointing start to 2022 although local operators are continuing to chalk up ‘good’ advanced booking figures for the upcoming Chinese New Year holiday...

MGM China Holdings Limited anticipating a busy Labour Day public holiday

Adam Morgan

April 29, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

In Macau and casino operator MGM China Holdings Limited has reportedly announced that it expects its pair of local properties to be at near full capacity for the upcoming Labour Day public holiday. According...

Nevada aggregated gross gaming revenues post an expected dive for February

Adam Morgan

March 27, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Nevada

In the western American state of Nevada, aggregated gross gaming revenues for February reportedly decreased by 26% year-on-year to $772.4 million as venues located along the Las Vegas Strip experienced a 41.5% ...

Macau records extraordinary swell in February gross gaming revenues

Adam Morgan

March 1, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The casino hotspot of Macau is reportedly continuing to recover from the devastating impacts of the coronavirus pandemic and last month saw its aggregated gross gaming revenues rise by an impressive 135.6% year...

Tak Chun Group to open VIP gaming lounge inside The Londoner Macao

Adam Morgan

February 5, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and prominent casino junket operator Tak Chun Group has reportedly announced that it is to premiere its latest VIP gaming club inside The Londoner Macao from Monday afternoon. According to a report ...

iSoftBet launches its new Book of Cai Shen video slot

Adam Morgan

February 3, 2021

Online gaming software, Latest Casino and Gambling News, Newest casino games, Mobile gaming, The Players Lounge, Online Gambling News, United Kingdom

The latest edition of Chinese New Year is set to take place next week and British online casino games and software developer iSoftBet is marking this notable milestone with the launch of its new five-reel Book ...

Macau’s VIP gaming sector being hurt by coronavirus

Adam Morgan

January 29, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Macau

In Macau and a leading government official has reportedly declared that it is an ‘inevitable reality’ that the number of VIP gaming clubs will continue to decrease as a direct result of the coronavirus pandemic...

Players cancel Chinese New Year travel plans to Macau as visitation to the region slows amidst COVID-19 pandemic

Sadonna Price

January 26, 2021

Latest Casino and Gambling News, China, Economy/Finance, Macau

The Chinese New Year is usually a busy time in Macau. Players travel from around the world to take part in the celebration, enjoying dining, entertainment, and of course, gambling. This year though, the celebra...

Genting Malaysia Berhad receives a precarious prediction

Adam Morgan

January 13, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Malaysia

A leading investment bank has reportedly cut its upcoming annual earnings estimate for Asian casino operator Genting Malaysia Berhad by some 58% owing to an expected coronavirus-induced drop in future visitatio...

Nevada casinos record a successful January

Adam Morgan

March 2, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Nevada

The 440 licensed gaming venues in Nevada reportedly saw their aggregated win for January increase by 5.5% year-on-year to $1.038 billion thanks in large part to associated increases in drop for blackjack, mini-...

Macau hotel occupancy rates plummet amid continuing coronavirus anxiety

Adam Morgan

February 26, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Macau

In Macau and fears over the highly-contagious coronavirus strain reportedly helped to push the average January occupancy rate for the city’s many three to five-star hotels down by some 14.5% year-on-year to onl...

Pragmatic Play joins Chinese New Year festivities with latest release Money Mouse

K Morrison

January 27, 2020

Online gaming software, Latest Casino and Gambling News, Newest casino games, Gaming Industry News, Mobile gaming, The Players Lounge, Online Gambling News

Leading online casino games developing platform, Pragmatic Play, has released its latest online slot, Money Mouse, just in time for the Chinese New Year. Serving as the game's Wild, the star of the studio's ...