MGM China Holdings Limited suffering from coronavirus fears Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 12, 2020 0The price of shares in Asian casino operator MGM China Holdings Limited reportedly fell to its lowest level in just...
Slowdown of Macau casino market continues into March Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau March 10, 2020 0The first eight days of March reportedly saw the 39 active casinos in Macau post aggregated gross gaming revenues that...
Macau government dismisses gaming tax relief suggestion Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxation March 6, 2020 0In Macau, a leading government official has reportedly detailed that the city has no intention of introducing temporary tax breaks...
Macau gaming regulator asks for casino staff layoffs to be suspended Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacauLabor Relations March 5, 2020 0In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly sent letters to every one of the city’s...
Wynn Macau Limited raising junket commission rate to 42.5% Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau March 4, 2020 0The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it...
Coronavirus fears ruin Macau’s February gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau March 2, 2020 0The 39 active casinos in Macau reportedly saw their aggregated gross gaming revenues for February plummet by 87.8% year-on-year to...
Fourth-quarter frustration for Galaxy Entertainment Group Limited Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsEconomy/FinanceMacau February 27, 2020 0Asian casino operator Galaxy Entertainment Group Limited has reportedly released its financial results for the final three months of 2019...
Macau hotel occupancy rates plummet amid continuing coronavirus anxiety Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 26, 2020 0In Macau and fears over the highly-contagious coronavirus strain reportedly helped to push the average January occupancy rate for the...
Melco Resorts and Entertainment Limited warns of sluggish Macau future Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 21, 2020 0The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long...
SJM Holdings Limited boss asking for coronavirus tax relief Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxationSingapore February 20, 2020 0The boss for Macau casino operator SJM Holdings Limited has reportedly asked the local government to consider handing out tax...
Macau casinos to re-open from tomorrow with reduced capacity Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 19, 2020 0In Macau and casinos hoping to re-open following the temporary 15-day coronavirus shutdown will reportedly be required to reduce the...
Macau casinos to re-open on Thursday following coronavirus shutdown Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 17, 2020 0The 39 active casinos in Macau will reportedly be allowed to re-open from midnight on Thursday following the conclusion of...
Macau likely to record ‘bleak’ February aggregated gross gaming revenues Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 12, 2020 0A leading brokerage firm has reportedly predicted that an ongoing casino shutdown in Macau could eventually push the city’s aggregated...
Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacau February 10, 2020 0In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close...
Macau shutdown hurting Wynn Resorts Limited’s bottom line Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauLabor Relations February 7, 2020 0The boss for American casino operator Wynn Resorts Limited has reportedly explained that the temporary shutdown of his firm’s two...