Tak Chun Group relocates resources to coming Parisian Macao Casino Resort Martin Chua Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships September 6, 2016 0Following yesterday’s news that Iao Kun Group Holding Company Limited had closed its operation inside the Sands Cotai Central, fellow...
Junket operator abandons Sands Cotai Central Martin Chua Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau September 5, 2016 0After earlier reporting a 47% drop year-on-year in company-wide rolling chip volumes for the first seven months of 2016 to...
Macau smoking debate intensifies as the number of fines increase Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationMacauLabor Relations September 5, 2016 0The number of people fined for smoking in Macau casinos during the first eight months of 2016 increased by 32.2%...
Parisian Macau opens next week with 100 new-to-market tables Kim M Latest Casino and Gambling NewsCasino openingsCasino project updatesMacau September 5, 2016 0On Saturday, Macau’s Secretary for Economy and Finance, Lionel Leong Vai Tac, confirmed that in addition to 1,614 slot machines,...
Consolidation helps results at Melco International Development Limited Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 2, 2016 0Macau casino operator Melco International Development Limited has released its interim consolidated financial results for the six months to the...
Macau breaks 26 month streak on Wynn Palace opening, overall mass improvement Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 1, 2016 0After a 4.5 percent decrease in July, Macau has finally broken a losing trend beginning after May 2014. According to data...
Macau Jockey Club losses potentially unlawful; Plans for profitability Martin Chua Latest Casino and Gambling NewsHorse RacingEconomy/FinanceMacauFines, Lawsuits & Litigation August 29, 2016 0The Macau Jockey Club (MJC) registered a loss of MOP88 million (US$11 million) for the last fiscal year, continuing to eat...
Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
Galaxy net profit available to shareholders $2.6 billion H1, up 26% year-on-year Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 25, 2016 0Galaxy Entertainment Group (HKEx stock code: 27) seems to have mastered the difficult Macau market ahead of its competitors and...
Macau casino industry employment figures highlight market slowdown Martin Chua Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau August 24, 2016 0The number of people employed in the Macau casino industry during the second quarter dropped slightly when compared with the...
Gambling-related crime increases in Macau Martin Chua Latest Casino and Gambling NewsMacauCrime August 23, 2016 0The most senior law enforcement official in Macau has revealed that the number of criminal offences related to gambling or...
Wynn Palace opens in Cotai, Macau Kim M Latest Casino and Gambling NewsCasino openingsMacau August 23, 2016 0The highly anticipated unveiling of the $4.2 billion Wynn Palace took place on August 22, 2016 when Steve Wynn, Chairman...
No dividend for Wynn Macau Limited investors as six-month net profit drops over 20% Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau August 22, 2016 0Casino operator Wynn Macau Limited has released its interim financial results for the first six months of 2016 showing a...
Hong Kong billionaire Tony Fung cancels plan to build $8 billion Great Barrier Reef Casino Resort Renee Kingsley Latest Casino and Gambling NewsAustraliaCasino project updatesLicensesMacau August 21, 2016 0Hong Kong billionaire Tony Fung recently confirmed that his firm has decided to drop the plan of developing the Aquis...
Wynn Resorts most expensive casino ‘Wynn Palace’ opens on August 22 in Macau Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau August 20, 2016 1Steve Wynn, billionaire and chairman of Wynn Resorts, has developed some of the most well known casinos in Macau and...