Pansy Ho offloads another significant MGM Resorts International stake Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships November 23, 2019 0In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2...
Macau records nine-month decline in suspected instances of money laundering Adam Morgan Latest Casino and Gambling NewsMoney LaunderingEconomy/FinanceMacauCrime October 8, 2019 0In Macau and it would appear that suspected instances of money laundering have recently decreased after the enclave’s Financial Intelligence...
Macau’s new Grand Lisboa Palace expected to open ‘by the second half of 2020’ Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesEconomy/FinanceMacau October 3, 2019 1In Macau and the boss for local casino operator, SJM Holdings Limited, has reportedly stated that he expects his firm’s...
Slight improvement in September aggregated gross gaming revenues for Macau Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 1, 2019 0Following two months of comparable declines and aggregated gross gaming revenues from the over 35 casinos in Macau reportedly recovered...
Casino industry proves importance to Macau’s economy Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau September 17, 2019 0The amount of cash the Macau casino industry contributed to the local economy in 2018 reportedly hit a four-year high...
Macau posts 1.5% comparable rise in eight-month tax revenues from gaming Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacauTaxation September 13, 2019 0The government of Macau has reportedly announced that it recorded a 1.5% increase year-on-year in combined tax revenues from gaming...
Macau getting new Beijing-backed Chief Executive in Ho Iat Seng Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsLicensesMacau August 26, 2019 0In Macau and local businessman Ho Iat Seng (pictured) has reportedly been selected to replace the outgoing Fernando Chui Sai...
Macau records significant rise in half-year casino exclusion requests Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationThe Players LoungeMacau July 18, 2019 0The first half of 2019 reportedly saw Macau’s Gaming Inspection and Coordination Bureau regulator record an increase of almost 25%...
Suncity Group’s prospects of winning a Macau casino license possibly injured Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsOnline gambling regulationGaming Industry NewsLicensesOnline Gambling NewsMacau July 12, 2019 0Recent allegations that Asian junket operator Suncity Group has been illegally offering ‘proxy’ online gaming services may have seriously hurt...
Under-construction Lisboeta Macau interested in hiring some 1,500 employees Adam Morgan Latest Casino and Gambling NewsCasino proposalsCasino NewsCasino openingsNew HotelsCasino project updatesEmployment & CareersMacau July 8, 2019 0In Macau and the firm behind the under-construction Lisboeta Macau entertainments development has reportedly announced that it is hoping to...
Expansion aspiration for Macau’s waterfront Ponte 16 Resort Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino expansion projectsEconomy/FinanceMacau June 20, 2019 0Land-based casino operator in Macau, Success Universe Group Limited, has reportedly announced that it hopes to be given government permission...
Macau records reduced quarterly GDP as tourist spend drops Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau June 4, 2019 0The government of Macau reportedly issued a warning yesterday detailing that the city’s first-quarter gross domestic product (GDP) had dropped...
Macau records improved four-month gaming tax revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau May 29, 2019 0The government for Macau has reportedly announced that the amount of tax it collected over the course of the first...
Casino license public tender groundwork being prepared in Macau Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacau May 13, 2019 0The Economy and Finance Secretary for Macau, Lionel Leong Vai Tac (pictured), has reportedly revealed that local officials are currently...
MGM Cotai granted official approval for its new-style smoking lounges Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino expansion projectsMacau May 10, 2019 0In Macau, the giant MGM Cotai integrated casino resort from MGM China Holdings Limited has reportedly become the latest gambling...