Wynn Palace to be delayed 3 months in opening Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 19, 2015 0Wynn Palace of Cotai was set to open in March, but now the owner of the venue, Wynn Resorts Ltd,...
Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again Renee Kingsley ChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau November 11, 2015 0Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a...
MGM Cotai celebrates topping off ceremony Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau November 10, 2015 0The MGM Cotai project of MGM China is moving along nicely with the company recently celebrating the topping off of...
CFA wants Las Vegas Sands Corp and billionaire Sheldon Adelson to be investigated Renee Kingsley Las VegasMoney LaunderingUnlicensed OperationAsian Casino NewsMacauConspiracyCrimeRacketeeringBribery November 9, 2015 0Update 11-26-2015: CfA retracts public comments and allegations, issues apology. Sheldon Adelson, billionaire and chairman of the Las Vegas Sands...
Britain to return corrupt Macau official’s stolen fortune Renee Kingsley Money LaunderingAsian Casino NewsMacauTax EvasionConspiracyCrimeRacketeeringBriberyFinancial Fraud November 5, 2015 0Ao Man Long was elected as Macau’s first Secretary for Transport and Public Works back in 2004 and was on...
Macau casino revenue extends fall despite more holiday arrivals Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau November 3, 2015 0Macau casino revenue fell for the 17th month in a row in October. Nevertheless, this decline has been less bad...
Union Gaming confirms that Macau transit visa rules will be relaxed Renee Kingsley Gaming Law & LegislationGaming Industry NewsLicensesAsian Casino NewsMacau November 3, 2015 0Macau’s casinos have been patiently waiting for well over a year for the government to show some sign of relaxing...
Junket association happy with tighter regulations imposed by Macau government Renee Kingsley Gaming Law & LegislationCasino CheatingGaming Industry NewsMoney LaunderingAsian Casino NewsMacauConspiracyCrimeFinancial Fraud November 2, 2015 0Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected...
Macau’s chief gaming regulator expected to step down this November Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau October 29, 2015 2Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau’s anti-corruption crackdown as he...
Wynn Macau faces probe by Macau authorities due to smoking violations Renee Kingsley Gaming Law & LegislationGaming Industry NewsAsian Casino NewsMacauFines, Lawsuits & Litigation October 28, 2015 0Macau, once a gambling paradise and a haven for casino establishments has tightened a number of regulations in the last...
Lack of gaming tables puts Macau Melco Crown’s investors in a tough spot Renee Kingsley Casino NewsCasino openingsAsian Casino NewsMacau October 26, 2015 0When Melco Crown Entertainment decided to build yet another casino in the biggest gambling hub in the world, there were...
Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop Renee Kingsley World Casino NewsNew HotelsCasino project updatesEconomy/FinanceAsian Casino NewsMacau October 16, 2015 0Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away...
Over 250 individuals apply for exclusion from Macau casinos Sadonna Price Latest Casino and Gambling NewsMacau October 12, 2015 0According to data provided by Macau gaming officials, over 250 people have applied to be placed on the exclusion list...
Macau junket operator Iao Kun sees huge decrease in chip turnover Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau October 8, 2015 0Based on a recent filing with the Nasdaq Stock Exchange, Iao Kun, a junket company operating in Macau, has seen...
MGM Cotai plans on focusing on tourist-friendly environment Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau October 6, 2015 0MGM Resorts is currently constructing their second casino in Macau. For the MGM Cotai, the company plans on focusing on...