Tagged vitaly umansky

United Arab Emirates looking to potentially legalize casino gambling

April 15, 2022

United Arab Emirates, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Lottery

The casino hotspots of Las Vegas and Macau could soon have another substantial rival in the United Arab Emirates after the Middle Eastern nation of almost 9.3 million people reportedly revealed that it intends ...

Macau aggregated gaming revenues to remain in the coronavirus doldrums

Adam Morgan

April 12, 2022

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

The over 40 casinos in Macau are reportedly forecast to see their aggregated gross gaming revenues for April fall by as much as 13% month-on-month to something in the region of $395.76 million. According to ...

Macau aggregated gross gaming revenues chalk up a disastrous March

Adam Morgan

April 1, 2022

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

The many casinos in Macau reportedly saw their aggregated gross gaming revenues for March drop by 55.8% year-on-year to a little over $454.9 million as China continued to enforce a range of coronavirus-related ...

Macau casino market chalks up Chinese New Year success

Adam Morgan

February 8, 2022

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

The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross gaming revenues for the seven-day period of approximately $289.8 million. According ...

Macau records improved June aggregated gross gaming revenues

Adam Morgan

July 1, 2021

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

The casino hotspot of Macau reportedly posted an impressive rise of 812.5% year-on-year in aggregated gross gaming revenues for June to slightly over $817.1 million despite the recent implementation of a new ra...

Macau aggregated gross gaming revenues hurt by new travel restrictions

Adam Morgan

June 22, 2021

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

Macau reportedly saw its aggregated gross gaming revenues drop off by almost 24% last week after neighboring Guangdong Province instituted a new series of coronavirus-related travel restrictions. According t...

Singapore looking at a long road to gaming revenues recovery

Adam Morgan

June 10, 2021

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

It could reportedly take up to four years for the two large integrated casino resorts in Singapore to fully recover from the impacts of the coronavirus pandemic and post aggregated annual gross gaming revenues ...

Grand Lisboa Palace expecting to ‘soft launch’ in Macau before the end of June

Adam Morgan

May 5, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Macau

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it expects to ‘soft launch’ its new Grand Lisboa Palace property before the end of June in advance of conducting a full thir...

Macau casinos likely to benefit from the introduction of ‘digital yuan’ currency

Adam Morgan

April 30, 2021

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

The introduction into Macau of a digital version of the yuan currency currently being trialled by the government of China should prove to be a long-term positive for the city’s collection of almost 40 casinos. ...

Macau casino market continues its slow recuperation

Adam Morgan

March 23, 2021

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

The almost 40 casinos in Macau are reportedly continuing to slowly recover from the impacts of the coronavirus pandemic after last week posting a rise of 18% month-on-month in daily aggregated gross gaming reve...

Brokerage mulls over digital currency introduction for Macau

Adam Morgan

January 22, 2021

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

Mass and premium-mass business at the 39 casinos in Macau could reportedly benefit if the enclave ever decided to adopt the digital version of the yuan currency currently being promoted by the government of Chi...

Macau casinos experience promising start to January

Adam Morgan

January 11, 2021

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

The 39 casinos in Macau have reportedly seen their aggregated gross gaming revenues for the first ten days of January trend considerably higher when compared with the same period last month. According to a r...

Thoroughly bleak April prediction for Macau’s casino industry

Adam Morgan

April 21, 2020

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

International brokerage firm Sanford C Bernstein and Company has reportedly predicted that Macau could see its aggregated gross gaming revenues for April contract by as much as 95% year-on-year to come in at on...

Slowdown of Macau casino market continues into March

Adam Morgan

March 10, 2020

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

The first eight days of March reportedly saw the 39 active casinos in Macau post aggregated gross gaming revenues that were 79% lower year-on-year at approximately $174.9 million. According to a report from ...

Macau casinos to re-open on Thursday following coronavirus shutdown

Adam Morgan

February 17, 2020

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

The 39 active casinos in Macau will reportedly be allowed to re-open from midnight on Thursday following the conclusion of a 15-day shuttering that was instituted to help stop the spread of the highly-infectiou...