Fernando Chui Sai On | World Casino News

Macau getting new Beijing-backed Chief Executive in Ho Iat Seng

August 26, 2019

Latest Casino and Gambling News, Gaming Industry News, Licenses, Macau

In Macau and local businessman Ho Iat Seng (pictured) has reportedly been selected to replace the outgoing Fernando Chui Sai On and serve as the former Portuguese enclave’s third ever Chief Executive. Accord...

Casino license public tender groundwork being prepared in Macau

Adam Morgan

May 13, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Licenses, Macau

The Economy and Finance Secretary for Macau, Lionel Leong Vai Tac (pictured), has reportedly revealed that local officials are currently preparing the groundwork for a public tender that is to determine who wil...

Public tender for future Macau casino licenses gaining traction

Adam Morgan

April 19, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Licenses, Macau

The most senior legislator in Macau has reportedly announced that there is no need for his fellow lawmakers to delay the launch of a new public tender designed to decide who will be allowed to operate casinos i...

American casino operators to face possible challenges in Macau

Adam Morgan

January 15, 2019

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

In Macau, a slowing economy alongside the prospects of a heightened trade war between the United States and China could reportedly lead to significant challenges for the three foreign gambling firms that operat...

Macau casino operator being asked to reward employees

Adam Morgan

August 15, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Labor Relations

In Macau, a group that represents local casino workers has reportedly announced that it has presented a petition to the city’s Chief Executive asking that he pressure Melco Resorts and Entertainment Limited int...

Macau casino industry likely to prosper in 2018 despite challenges

Adam Morgan

January 8, 2018

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

The future of the Macau casino industry reportedly remains positive with aggregate gross gaming revenues likely to rise over the course of 2018 despite the sector facing the dual challenges of combating organiz...

Macau casinos to be discouraged from hiring foreign employees

Adam Morgan

November 16, 2017

Latest Casino and Gambling News, Employment & Careers, Macau

The government of Macau is reportedly set to introduce new measures early next year designed to reduce the prevalence of foreign workers being hired to fill middle and senior management roles within the city’s ...

Macau posts seventh straight month of gross gaming revenue growth

Adam Morgan

March 3, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, February reportedly saw monthly aggregated gross gaming revenues significantly exceed previous predictions from several industry analysts and record a seventh consecutive increase to $2.88 billion. ...

Macau government counters criticism on casino smoking ban stance

Adam Morgan

February 23, 2017

Latest Casino and Gambling News, Casino News, Macau

In Macau, the government has reportedly rejected allegations that it intends to bow to pressure from casino operators and keep smoker-friendly lounges while revealing that it has yet to come to a final decision...

Macau gaming regulator predicts positive future for local casino industry

Adam Morgan

December 9, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated gross gambling revenues for 2017 thanks to the industry’s efforts at lur...

Conservative prediction for Macau 2017 gross gaming revenues

Adam Morgan

November 16, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The head of the government in Macau has given a conservative aggregated gross gaming revenues forecast for next year that is around 13% below some analysts’ 2017 estimates despite a recent recovery that has see...