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...
Macau casino market to finish 2016 on a high due to VIP recovery Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 15, 2016 0In 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 Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationMacau December 13, 2016 0Casinos 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 Adam Morgan Latest Casino and Gambling NewsCasino openingsMacau December 12, 2016 0Asian 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” Adam Morgan Latest Casino and Gambling NewsNew HotelsMacau December 12, 2016 0In 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 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 9, 2016 0The 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 Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationChinaEconomy/FinanceMacau December 9, 2016 0Macau 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 Renee Kingsley Latest Casino and Gambling NewsChinaUnlicensed OperationOnline Gambling NewsMacauPhilippines December 7, 2016 0Macau based and Hong Kong listed Jimei International Entertainment Group Limited released a statement to distance itself from its controlling...
Taipa section of light rail construction could be delayed further than 2019 Sadonna Price Latest Casino and Gambling NewsMacau December 7, 2016 0Light rail transit is currently under construction in Macau with a section being created in the Taipa region. The system...
Study shows Macau residents’ gambling spend has increased 110 percent Renee Kingsley Latest Casino and Gambling NewsMacau December 6, 2016 0TDM television, a Portuguese language broadcaster recently released information about a new study conducted by a researcher from the University...
Fontana Leisure Parks & Casino shut down after Pagcor revokes permits; Lam still at large Lars Jones Latest Casino and Gambling NewsCasino closuresUnlicensed OperationMacauPhilippines December 5, 2016 0Philippine Amusement and Gaming Corp. (Pagcor) agents in cooperation with Angeles City police and the regional Criminal Investigation and Detection...
Beijing Imperial Palace Hotel granted work extension Adam Morgan Latest Casino and Gambling NewsCasino project updatesMacau December 3, 2016 0After failing to begin work in September to rectify a series of fire safety issues that had led to its...