Macau

December 27, 2016 0

In Macau, police have arrested 15 people on suspicion of activities associated with a loan-sharking syndicate that reportedly could have...

Macau junket operators plan to launch central credit database

December 27, 2016 0

The Macau Association Of Gaming And Entertainment Promoters has reportedly established a central database that is capable of tracking the...

New corporate identity on the cards for Melco Crown Entertainment Limited

December 23, 2016 0

Asian casino operator Melco Crown Entertainment Limited has reportedly announced that it intends to unveil “a new corporate entity” after...

Macau sees higher November hotel occupancy rate as average room price drops

December 21, 2016 0

The average daily hotel occupancy rate in Macau increased by 6.6% year-on-year last month to hit 91.6% while the median...

Second extension brings Macau Canidrome into 2018

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December 20, 2016 0

The Secretary for Economy and Finance, via Executive Order No. 76/2016, has amended the concession contract between the Special Administrative...

Macau Gaming Regulators to pay close attention to Japan’s gambling policies

December 16, 2016 0

Japan recently passed a gambling bill that would legalize the casino industry and bring in billions of dollars in foreign...

Crown Resorts to abandon Alon Las Vegas and dispose more of its stake in Macau casinos

December 15, 2016 0

Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also...

Macau casino market to finish 2016 on a high due to VIP recovery

December 15, 2016 0

In Macau, gaming industry experts have predicted that aggregated gross gaming revenues for December could rise by as much as...

Cotai Strip transportation re-think needed to improve mass-market appeal

December 13, 2016 0

Casinos in the Cotai Strip district of Macau need to address transportation issues and allow visiting players to more easily...

Legend Palace Hotel to start trial operations in mid-January

December 12, 2016 0

Asian casino operator Macau Legend Development Limited has reportedly revealed that its new Legend Palace Hotel in the Fisherman’s Wharf...

The 13 on track to open “in the first quarter of 2017”

December 12, 2016 0

In Macau, The 13 Holdings Limited has reportedly announced that its coming $1.4 billion The 13 luxury hotel is on...

Macau gaming regulator predicts positive future for local casino industry

December 9, 2016 0

The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated...

Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated

December 9, 2016 0

Macau casino stocks took a hit after it was announced that Macau’s Monetary Authority (MMA) would impose restrictions on UnionPay...

Jimei International distances itself from Director Jack Lam after Philippine authorities issue arrest warrant