April setback for Macau aggregated gross gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau May 2, 2022 0The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year...
Macau court throws out lawsuit against Las Vegas Sands Corporation Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsLicensesMacauMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation May 2, 2022 0In Macau and the Court of First Instance has reportedly thrown out a lawsuit filed by Asian American Entertainment Corporation...
Macau chalks up reduced first-quarter gaming tax revenues Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceMacauTaxation April 26, 2022 0The over 40 casinos in the gambling-friendly enclave of Macau reportedly contributed almost $1.08 billion in aggregated taxes during the...
SJM Holdings Limited liquidity position labelled ‘somewhat worrying’ Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau April 25, 2022 0American investment bank JPMorgan Chase and Company has reportedly labelled the liquidity situation of Macau casino operator SJM Holdings Limited...
Wynn Macau Limited establishes $7.9 million junket defence fund Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation April 25, 2022 0In Macau and casino operator Wynn Macau Limited has reportedly set aside approximately $7.9 million to defend itself against litigation that may...
Macau casino operators potentially facing heavy junket liabilities Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation April 22, 2022 0Global investment bank Credit Suisse Group AG has reportedly warned that the six casino operators in Macau could be on...
Macau lawmakers considering new junket and satellite casino legislation Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships April 21, 2022 0In Macau and legislation that sets out the future governing of junket providers and satellite casinos reportedly passed its first...
Melco Resorts and Entertainment Limited facing American de-listing Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation April 13, 2022 0Asian casino operator Melco Resorts and Entertainment Limited could reportedly soon be de-listed from the Nasdaq bourse under rules adopted...
Macau aggregated gaming revenues to remain in the coronavirus doldrums Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceMacau April 12, 2022 0The over 40 casinos in Macau are reportedly forecast to see their aggregated gross gaming revenues for April fall by...
Sands China Limited remaining optimistic despite credit utilization Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships April 5, 2022 0In Macau and the local Sands China Limited subsidiary of American casino operator Las Vegas Sands Corporation has reportedly announced...
Grand Emperor Hotel to stop satellite casino operations by June Sadonna Price Latest Casino and Gambling NewsMacau April 4, 2022 0The Grand Emperor Hotel in Macau has plans to cease casino gaming operations by this summer. Just a few days...
Macau aggregated gross gaming revenues chalk up a disastrous March Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 1, 2022 0The many casinos in Macau reportedly saw their aggregated gross gaming revenues for March drop by 55.8% year-on-year to a...
Macau casino operators facing free cash flow to equity run rate crisis Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 30, 2022 0Some of the largest casino operators in Macau may reportedly start running out of ready cash in as little as...
Golden Dragon Group plans to shut down its Macau satellite casinos this year Sadonna Price Latest Casino and Gambling NewsMacau March 28, 2022 0As amendments are in the works for the gaming law of Macau, one satellite operator has plans to shut down...
Asia Pioneer Entertainment Limited expecting to chalk up a 2021 slump Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsGame manufacturersEconomy/FinanceMacau March 21, 2022 0In Macau and electronic gaming machines heavyweight Asia Pioneer Entertainment Limited has reportedly announced that it soon expects to announce...