Tagged gaming inspection and coordination bureau

gaming inspection and coordination bureau

Macau records improved June aggregated gross gaming revenues

July 1, 2021

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

The casino hotspot of Macau reportedly posted an impressive rise of 812.5% year-on-year in aggregated gross gaming revenues for June to slightly over $817.1 million despite the recent implementation of a new ra...

Macau Slot Company Limited has its license extended by three years

Adam Morgan

June 9, 2021

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

The government of Macau has reportedly refreshed the long-held license giving Macau Slot Company Limited the right to operate local instant lotteries and sports wagering for another three years. According to...

Macau casinos continue their post-coronavirus recovery

Adam Morgan

June 1, 2021

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

The 40-strong collection of casinos in Macau reportedly chalked up aggregated gross gaming revenues for May of slightly beyond $1.3 billion to take their combined five-month tally to a little over $5.3 billion....

Macau casinos continuing to recover from last year’s coronavirus-related plunge

Adam Morgan

April 1, 2021

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

The 40-strong casino market in Macau is reportedly continuing its slow recovery from last year’s coronavirus-related slump after posting a rise of around 13.6% month-on-month in aggregated gross gaming revenues...

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...

Macau records disappointing January gross gaming revenues

Adam Morgan

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...

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...

Macau casinos benefitting from mass-market business

Adam Morgan

January 4, 2021

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

The 39 casinos in Macau could at long last be about to begin recovering from their coronavirus-induced downturns after seeing aggregated fourth-quarter mass-market gross gaming revenues reach the ‘highest level...

Macau experiences 90% tumble in September gaming revenues

Adam Morgan

October 1, 2020

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

The ongoing coronavirus pandemic is reportedly continuing to negatively impact the 39 casinos in Macau as their aggregated gross gaming revenues for the whole of last month dropped by 90% year-on-year to stand ...

Macau legislator comes out in favor of limited legalized iGaming

Adam Morgan

September 23, 2020

Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Macau, Sports betting, Taxation

In Macau and a senior legislator has reportedly urged the government to consider legalizing some forms of iGaming so as to help the city’s public coffers recover from the ongoing impact of the coronavirus pande...

Macau gaming regulator refutes lottery legalization rumors

Adam Morgan

September 7, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Online Gambling News, Macau, Sports betting

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly poured cold water on speculation that it may be about to launch a lottery similar to the Mark Six service already offered to p...

Macau casinos record disappointing August gaming revenues

Adam Morgan

September 1, 2020

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

The 39 casinos in Macau reportedly continued to be negatively impacted by the coronavirus pandemic last month as their aggregated gross gaming revenues decreased by 94.5% year-on-year to stand at just over $166...

Second-quarter employee redundancies for Macau junket firms

Adam Morgan

July 28, 2020

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

In Macau and the number of people employed by the enclave’s many casino junket operators reportedly dropped by around 5,200 during the three months to the end of June to approximately 82,300. According to a ...

Macau records lacklustre June aggregated gross gaming revenues

Adam Morgan

July 1, 2020

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

The 39 casinos in Macau reportedly saw their aggregated gross gaming revenues for June drop by almost 97% year-on-year to just over $89.69 million due in large part to the impact of ongoing coronavirus-related ...

Recovery in Macau aggregated gross gaming revenues remains elusive

Adam Morgan

June 1, 2020

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

Travel restrictions implemented to help stop the spread of coronavirus were reportedly largely to blame as Macau recorded a 93.2% year-on-year decrease in aggregated gross gaming revenues for last month to just...