Tagged mass market

Bloomberry Resorts Corporation to open Solaire North venue in 2023

April 22, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Online Gambling News, Philippines

In the Philippines and the Chairman for local casino operator Bloomberry Resorts Corporation has reportedly announced that his firm remains ‘on track to open’ its new Solaire North development before the end of...

Singapore passes legislation to introduce a tiered casino tax system

Adam Morgan

January 11, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Singapore

In Singapore and legislators have reportedly amended the Casino Control Act following over two years of discussion and debate to institute a new tiered tax system for the island nation’s pair of giant integrate...

Macau casino operators encounter challenging start to the year

Adam Morgan

January 10, 2022

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

The casino hotspot of Macau has reportedly experienced a disappointing start to 2022 although local operators are continuing to chalk up ‘good’ advanced booking figures for the upcoming Chinese New Year holiday...

Macau experiences steep one-week aggregated gaming revenues increase

Adam Morgan

October 26, 2021

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

The 41 casinos in Macau have reportedly seen their aggregated gross gaming revenues rise dramatically over the course of the past week owing to the city’s move to ease a range of coronavirus-related travel rest...

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 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 casinos end the year on a downer following disappointing December

Adam Morgan

January 2, 2020

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

The 41 casinos in Macau reportedly ended December on a downward note after recording a 13.7% year-on-year decrease in monthly aggregated gross gaming revenues to slightly over $2.84 billion. According to a W...

Macau casinos post disappointing aggregated November revenues figure

Adam Morgan

December 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly experienced a disappointing November after chalking up an 8.5% year-on-year decrease in aggregated gross gaming revenues to slightly over $2.83 billion. According to a...

‘Golden Week’ disappointment for Macau casinos

Adam Morgan

October 9, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The first seven days of October reportedly saw the over 35 casinos in Macau record aggregated daily gross gaming revenues that were some 12% lower year-on-year at approximately $142.33 million. According to ...

Morgan Stanley lowers Macau annual gaming revenue predictions

Adam Morgan

September 18, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

Global brokerage and investments firm, Morgan Stanley, has reportedly become the latest to envision hard times ahead for the casino industry in Macau after it lowered an earlier forecast concerning what it expe...

Macau records a 3.5% decline in aggregated gross gaming revenues for July

Adam Morgan

August 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly had a bad July after ending a recent spurt of comparable growth to post a 3.5% decline year-on-year in aggregate gross gaming revenues to approximately $3.03 billion. ...

Macau expected to post relatively flat July aggregated gross gaming revenues

Adam Morgan

July 23, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the Macau’s 38-venue casino market will post comparatively flat aggregated gross gaming revenues for the...

Macau aggregated gross gaming revenues for July expected to improve

Adam Morgan

July 17, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the 38 casinos in Macau are set to post July aggregated gross gaming revenues that are between 2% and 4%...

Macau recovers to post improved June aggregated gross gaming revenue figures

Adam Morgan

July 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau had a great June after seemingly weathering an ever-slowing Chinese economy and associated high-roller timidity to post a 5.9% increase year-on-year in aggregated gross gaming reven...

Macau records improvement in May aggregated gross gaming revenues

Adam Morgan

June 3, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

Following two months’ of comparative declines, Macau reportedly saw aggregated gross gaming revenues from its collection of over 35 casinos rebound last month courtesy of a 1.8% year-on-year increase to approxi...