World Casino News covers Macau. The world's richest gambling center generates important news on a daily basis and we give it due coverage. We let you know when the moguls who compete for empire there make a move and we follow their finances through boom times and declines as the Gaming Inspection and Coordination Bureau (DJIC) reshapes the mecca from strictly a gambling center into a family playground for the world with mandated integrated resort amenities.
We let you know about casino project updates, openings, and closings as well as economy and finance, top brass career changes, and licensing issues to name a few of the topics covered. World Casino News works in harmony with the World Casino Directory so the Macau information you find there is always up to date and accurate. The directory profiles every casino in Macau from the baccarat tables to the hotels and amenities right down to the price range of dining. Our readers can explore the former Portuguese enclave from the comfort of their homes, or plan a trip and book their rooms.
Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino operators in Macau could exceed $25 billion by the end of the year owing to China’s o...
Global investments research firm Sanford C Bernstein Limited has reportedly predicted that China could begin relaxing some of its controls on the movement of cash into Macau if the enclave was to adopt the digi...
Global investment bank Credit Suisse Group AG has reportedly warned that Macau could see its aggregated gross gaming revenues crash by as much as 20% this year owing to China’s burgeoning crackdown on granting ...
The ultimate appellate court for Macau has reportedly found local casino operators MGM China Holdings Limited and Wynn Macau Limited ‘jointly and severally liable’ for nine junket-related deposits.
According...
In Macau and legislators are reportedly preparing to chuck out a provision within the under-consideration draft gaming bill that would prevent anyone with more than a 5% shareholding in a local casino operator ...
American investment bank JPMorgan Chase and Company has reportedly forecast that the over 40 casinos in Macau could boost their earnings by up to 15% a year should the local government decide to decrease the ra...
Macau casino operator Galaxy Entertainment Group Limited has released its unaudited financial results for the first three months of 2022 showing that its aggregated net revenues had fallen by 20% year-on-year t...
In the casino hotspot of Macau and Asian casino operator Wynn Macau Limited is reportedly reconsidering whether to carry through with plans to further expand its Wynn Macau and Wynn Palace Cotai developments.
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Macau casino operator MGM China Holdings Limited has released its unaudited first-quarter financial results showing that its aggregated revenues dropped by 9% year-on-year to approximately $267.57 million.
T...
The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million.
According to a report from GG...
In Macau and the Court of First Instance has reportedly thrown out a lawsuit filed by Asian American Entertainment Corporation (AAEC) that had been seeking roughly $12.1 billion in damages from Las Vegas Sands ...
The over 40 casinos in the gambling-friendly enclave of Macau reportedly contributed almost $1.08 billion in aggregated taxes during the first three months of the year including approximately $371.21 million in...
American investment bank JPMorgan Chase and Company has reportedly labelled the liquidity situation of Macau casino operator SJM Holdings Limited as ‘somewhat worrying’ over concerns related to its ability to r...
In Macau and casino operator Wynn Macau Limited has reportedly set aside approximately $7.9 million to defend itself against litigation that may be brought by former customers of local junket firm Dore Entertai...
Global investment bank Credit Suisse Group AG has reportedly warned that the six casino operators in Macau could be on the hook for up to $6.37 billion in aggregated agent claims following the recent demise of ...