Tagged VIP Gamblers

High-Rollers earn incredible wins at The Star Sydney

February 17, 2016

Latest Casino and Gambling News, Australia, Economy/Finance

During a six month time frame, The Star Casino in Sydney, Australia saw six VIP gamblers earn close to A$80 million, by playing baccarat and beating the house time after time. The high rollers would wager as mu...

January Gaming Revenues Drop 21.4% in Macau

Alex Lanter

February 2, 2016

Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Macau

According to the numbers released by the Gaming Inspection and Coordination Bureau, the gross gaming revenue in Macau dropped 21.4% in January year on year to 18.67 billion patacas or $2.33 billion. The numbers...

Macau authorities bust five police officers for allowing gamblers illegal entry and protection services

Renee Kingsley

January 19, 2016

Casino Cheating, China, Money Laundering, Unlicensed Operation, Asian Casino News, Macau, Racketeering

Macau’s anti-corruption crackdown against VIP gamblers from Mainland China has been going on for the last 24 months and has resulted in stricter visa regulations to tourists from Mainland China. In 2015, the go...

Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016

Renee Kingsley

January 15, 2016

Gaming Law & Legislation, China, Money Laundering, Economy/Finance, Asian Casino News, Macau

Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the losses incurred by Macau’s casinos has been the focus of most discussions. However, Macau’s junket opera...

Macau’s Jimei casino wants junket operators to focus on VIP slot players

Renee Kingsley

January 13, 2016

Casino expansion projects, China, Asian Casino News, Macau

Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same as it was before and have since moved on to focusing on mass market gamblers just as the Macau gover...

Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016

Renee Kingsley

December 22, 2015

Economy/Finance, Asian Casino News, Macau

Gambling establishments who were expecting better things from the Macau government in 2016 had their hopes doused yet again as Macau’s Chief Executive Fernando Chui Sai made it clear in a speech at the 16th ann...

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

Renee Kingsley

December 7, 2015

China, Asian Casino News, Macau, Philippines, Vietnam

The Crown International Games Club in Danang, Vietnam appears to have found the right formula in attracting a regular clientele of VIP gamblers from Mainland China, who once used to frequent Macau’s casinos. ...

KPMG survey states that blanket smoking ban in Macau will result in drop in VIP gamblers

Renee Kingsley

November 23, 2015

Gaming Law & Legislation, Economy/Finance, Asian Casino News, Macau

KPMG recently conducted a survey of 542 gamblers in Macau asking them for their opinion on Macau’s blanket smoking ban and received a 71 percent response where some opposed a blanket smoking ban and some were i...

Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again

Renee Kingsley

November 11, 2015

China, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a number of changes to its operation strategy due to the decline in Macau’s gambling revenues...

Union Gaming confirms that Macau transit visa rules will be relaxed

Renee Kingsley

November 3, 2015

Gaming Law & Legislation, Gaming Industry News, Licenses, Asian Casino News, Macau

Macau’s casinos have been patiently waiting for well over a year for the government to show some sign of relaxing its tough stance on anti-corruption and easing its stringent regulations to encourage gamblers f...

Junket association happy with tighter regulations imposed by Macau government

Renee Kingsley

November 2, 2015

Gaming Law & Legislation, Casino Cheating, Gaming Industry News, Money Laundering, Asian Casino News, Macau, Conspiracy, Crime, Financial Fraud

Macau’s junket association has been struggling to bring VIP gamblers into the casinos as the anti-corruption crackdown has severely affected their business. During the past few months a number of junket operato...

Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop

Renee Kingsley

October 16, 2015

World Casino News, New Hotels, Casino project updates, Economy/Finance, Asian Casino News, Macau

Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away high-rollers and caused a major slump in the gambling market in Macau. The market ...

Neptune Group contemplates shutting down Macau junket operation

Renee Kingsley

September 29, 2015

Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships

Neptune Group Ltd, a junket operator that once had a thriving operation in Macau has found it difficult to post consistent profits after the anti-corruption crackdown. The company recently announced that it was...

Bernstein report states that mass gambling can help Macau’s casino industry to recover

Renee Kingsley

August 22, 2015

Asian Casino News, Macau, Philippines, South Korea

Macau’s casino industry has been in decline for the past 18 months with gambling revenue for Macau’s top six casinos falling 40% in the first half of 2015. Industry experts predict that decline to continue thro...

Echo Entertainment seeking to add an additional 1,000 Pokies to new Brisbane casino

Renee Kingsley

August 4, 2015

Casino proposals, Australia, Casino News, Casino openings, Gaming Industry News, Casino project updates, Licenses, Oceania Casino News

Echo Entertainment edged out James Packer’s Crown Resorts in July 2015 to win a huge contract that would allow the company to build mega-casino resort in Brisbane, Australia. This mega-casino project that will ...

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High-Rollers earn incredible wins at The Star Sydney

January Gaming Revenues Drop 21.4% in Macau

Macau authorities bust five police officers for allowing gamblers illegal entry and protection services

Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016

Macau’s Jimei casino wants junket operators to focus on VIP slot players

Macau’s Chief Executive advises casino industry to focus on non-gaming activities in 2016

Vietnam’s Crown International Games Club having great success with VIP gamblers from Mainland China

KPMG survey states that blanket smoking ban in Macau will result in drop in VIP gamblers

Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again

Union Gaming confirms that Macau transit visa rules will be relaxed

Junket association happy with tighter regulations imposed by Macau government

Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop

Neptune Group contemplates shutting down Macau junket operation

Bernstein report states that mass gambling can help Macau’s casino industry to recover

Echo Entertainment seeking to add an additional 1,000 Pokies to new Brisbane casino

Pragmatic Play powers new Big Bass Splash video slot from Reel Kingdom; adds fifth installment to popular series

Macau gross gaming revenues recovery to take longer than initially planned

Greentube’s new partnership with Solbet sees online slots go live in Peru and Ecuador

The Blackstone Group Incorporated realizes Crown Resorts Limited purchase

Nevada Gaming Commission approves Legends Bay Casino in Sparks