City Of Dreams Macau | World Casino News

Macau records disappointing January gross gaming revenues

February 1, 2021

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

The almost 40 casinos in Macau are reportedly continuing to be negatively impacted by the coronavirus pandemic as they saw aggregated gross gaming revenues for January decrease by some 63.7% year-on-year to sli...

Pessimistic prediction for Melco Resorts and Entertainment Limited

Adam Morgan

January 15, 2021

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

Prominent financial services firm Moody’s Investors Service Incorporated has reportedly warned that Asian casino operator Melco Resorts and Entertainment Limited could see its consolidated debt rise by about 14...

Melco Resorts and Entertainment Limited records third-quarter deficit

Adam Morgan

November 6, 2020

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

Asian casino operator Melco Resorts and Entertainment Limited has reportedly again followed many of its rivals in recording an overall loss for the three months to the end of September owing to the continuing f...

Second-quarter deficit for Melco Resorts and Entertainment Limited

Adam Morgan

August 21, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Mergers, Acquisitions & Partnerships

Asian casino operator Melco Resorts and Entertainment Limited has reportedly followed many of its rivals in recording an overall loss for the three months to the end of June owing to the many disruptions caused...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

Construction begins on second phase of Studio City Macau

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent casino operator Melco International Development Limited has reportedly announced that it has begun building the second stage of its giant Studio City Macau venue. According to a report...

Melco Resorts and Entertainment Limited warns of sluggish Macau future

Adam Morgan

February 21, 2020

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

The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long time’ for the gambling industry in Macau to recover from the negative impacts ...

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Adam Morgan

February 10, 2020

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

In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close owing to a lack of bookings engendered by the recent ‘Wuhan virus’ outbreak. According to ...

Macau inaugurates long-awaited MLRT passenger railway

Adam Morgan

December 10, 2019

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

Following over 15 years of planning and construction and the initial stage of the Macau Light Rapid Transit (MLRT) system reportedly opened earlier today to give the casino-laden city its first ever passenger r...

Studio City Macau set to launch second phase construction

Adam Morgan

October 31, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Economy/Finance, Macau

In Macau and the boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly announced that his firm is planning to begin construction on the second phase of its giant Studio City Maca...

Japanese casino race could attract up to ten runners

Adam Morgan

September 25, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and a senior government official has reportedly announced that he believes up to eight communities are preparing to submit formal applications in hopes of securing one of the nation’s trio of upcoming ...

Melco Resorts and Entertainment Limited drops Osaka in favor of Yokohama

Adam Morgan

September 18, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Japan, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly declared that it is set to concentrate all of its efforts on the city of Yokohama as it looks to secure one of the three coming Jap...

Melco Resorts and Entertainment Limited parent to establish Yokohama office

Adam Morgan

September 2, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Japan

The firm behind Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced that it will be opening an office in Yokohama as it looks to gain an advantage over its competitors in th...

Melco Resorts and Entertainment (Philippines) Corporation being de-listed

Adam Morgan

June 10, 2019

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it will be de-listing its Melco Resorts and Entertainment (Philippines) Corporation subordinate from...

Australian acquisition for Melco Resorts and Entertainment Limited

Adam Morgan

May 31, 2019

Casino Sales, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Asian casino operator, Melco Resorts and Entertainment Limite, has reportedly announced the signing of a deal worth almost $1.22 billion that is to see it acquire a significant stake in Australian counterpart C...