Gaming expert recommends Macau lower casino tax rates Adam Morgan Latest Casino and Gambling NewsMacauTaxation January 12, 2017 0In Macau, a local gaming expert has reportedly recommended that the government should consider lowering the tax rate on VIP...
Macau casino workers demonstrate for pay increases Adam Morgan Latest Casino and Gambling NewsMacauLabor Relations January 10, 2017 0In Macau, about 200 casino workers reportedly held a demonstration on Monday calling for a 5% pay rise and legislation...
Macau casinos share prices drop as China increases scrutiny over capital outflows Renee Kingsley Latest Casino and Gambling NewsChinaEconomy/FinanceMacau January 4, 2017 0Macau’s casino industry went through a major slump resulting in 26 consecutive months of gross gaming revenue (GGR) decline which...
Major casino operators resume marketing efforts in China Renee Kingsley Latest Casino and Gambling NewsChinaMacau January 4, 2017 0The authorities in China arrested 17 Crown Resort employees in October 2016 on alleged gambling related crimes and caused major...
December marks fifth month of Macau recovery Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau January 2, 2017 0December marked the fifth month in a row that Macau’s gambling economy showed year-on-year increases, but the first seven months...
Gambling taxes now account for almost 78% of all Macau government revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacauTaxation December 30, 2016 0The government of Macau has reportedly revealed that it raked in $9.11 billion from gambling taxes over the first eleven...
Foreign tourists to help Macau revival in 2017 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 29, 2016 0Macau’s effort to reinvent itself by premiering more family-friendly attractions is reportedly set to pay off next year as the...
Macau casino market on track to end 2016 on a high Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 28, 2016 0In Macau, industry experts have reportedly predicted that aggregated gross gaming revenues for December are on track to post a...
Macau police arrest 15 on suspicion of loan-sharking Adam Morgan Latest Casino and Gambling NewsMacauCrime December 27, 2016 0In 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 Adam Morgan Latest Casino and Gambling NewsTechnologyData ProtectionMacau December 27, 2016 0The 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 Adam Morgan Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships December 23, 2016 0Asian 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 Adam Morgan Latest Casino and Gambling NewsCasino NewsNew HotelsMacau December 21, 2016 0The 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 Kim M Latest Casino and Gambling NewsMacau December 20, 2016 0The 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 Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceJapanMacau December 16, 2016 0Japan 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 Renee Kingsley Latest Casino and Gambling NewsLas VegasAustraliaCasino expansion projectsChinaEconomy/FinanceMacau December 15, 2016 0Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also...