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...
Studio City Casino Macau facing loan default calamity Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau August 20, 2016 0As the $4.2 billion Wynn Palace Cotai casino resort from operator Wynn Resorts Limited gets set to open its doors...
Crown Resorts break-up plan gets positive response from Australian government and regulators Renee Kingsley Latest Casino and Gambling NewsAustraliaMacauFinancial Press Releases August 19, 2016 0Crown Resorts announced in June 2015 that it planned to break up its casino empire by separating its international business...
Trio of junket operators to operate VIP rooms at Wynn Palace Cotai Adam Morgan Latest Casino and Gambling NewsCasino project updatesMacauMergers, Acquisitions & Partnerships August 19, 2016 0The coming $4.2 billion Wynn Palace Cotai development from operator Wynn Resorts Limited is set to open its doors on...
Steve Wynn previews $4.2B Wynn Palace Cotai opening Monday, counts on customers, not tables Kim M Latest Casino and Gambling NewsCasino project updatesMacau August 18, 2016 0Despite the Government of the Macau Special Administrative Region (MSAR) authorizing 100 fewer gaming tables than it granted two rival...
China suspends supply of six-day mainland visas Martin Chua Latest Casino and Gambling NewsMacau August 18, 2016 0Foreign tourist groups have been left confused after Chinese officials instituted a temporary freeze on the issuance of six-day visas...