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...
Net debt of Macau casino operators has quadrupled since 2019 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 17, 2022 0The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the...
Macau casino operators not set to face increase in tax rates Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships March 17, 2022 0The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under...
Macau’s draft gaming bill to potentially include communications directive Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau March 16, 2022 0In Macau and a prominent legislator has reportedly declared that the city’s six casino operators could soon be fined up...
Disappointing weekend for Macau casino operators Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 15, 2022 0For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators...
Macau casino operators facing six-month license extension costs Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceEmployment & CareersLicensesMacauMergers, Acquisitions & Partnerships March 10, 2022 0In Macau and every member of the enclave’s six-strong club of licensed casino operators is reportedly being asked to pay...
Macau casino operators experience aggregated share price slump Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships March 8, 2022 0The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by...
Macau draft gaming legislation looking to include national security protections Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacauFines, Lawsuits & Litigation March 7, 2022 0Draft gaming legislation currently being debated in Macau could reportedly allow the enclave’s Chief Executive to rapidly terminate any local...
Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 1, 2022 0Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase...
Macau gaming tax increases in 2021 to MOP$33.91 billion Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 21, 2022 0The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a...
Las Vegas casino workers union calls for a federal probe into Suncity Group Adam Morgan Latest Casino and Gambling NewsU.S.A.Casino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceMacauCrimeLabor RelationsFines, Lawsuits & Litigation February 11, 2022 0In Las Vegas and the local branch of the International Union of Operating Engineers has called for the federal government...
MGM Resorts International chalks up impressive 2021 financials Adam Morgan Latest Casino and Gambling NewsU.S.A.Casino NewsGaming Industry NewsEconomy/FinanceOnline Gambling NewsMacauSports bettingMergers, Acquisitions & Partnerships February 10, 2022 0American casino operator MGM Resorts International has announced that its net revenues for 2021 rose by 88% year-on-year to top...
Macau casino market chalks up Chinese New Year success Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau February 8, 2022 0The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross...