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Macau to continue push towards diversification

March 5, 2019

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

In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly announced that the city is to continue with its policy of encouraging local casino firms to diversify their offerings so as...

Ukraine to focus on legal gambling as revenue source by next year

Marie Kelley

April 12, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Ukraine

In an effort to earn more revenues, the government of the Ukraine is reportedly preparing to offer legal gambling activities, based on information included in a letter published by the Ministry of Finance. A...

Macau economy expected to grow as housing market remains tight

Adam Morgan

February 17, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

A new report from the International Monetary Fund has reportedly predicted that the economy of Macau is set to grow by 2.8% in 2017 after failing to chalk up any forward progress over any of the previous four y...

Macau economy predicted to return to growth in 2017

Adam Morgan

July 30, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The economy of Macau may be about to overturn three years of decline and return to growth thanks to a change in focus from casino operators such as Las Vegas Sands Corporation and Wynn Resorts. According to ...