World Casino News covers Macau. The world's richest gambling center generates important news on a daily basis and we give it due coverage. We let you know when the moguls who compete for empire there make a move and we follow their finances through boom times and declines as the Gaming Inspection and Coordination Bureau (DJIC) reshapes the mecca from strictly a gambling center into a family playground for the world with mandated integrated resort amenities.
We let you know about casino project updates, openings, and closings as well as economy and finance, top brass career changes, and licensing issues to name a few of the topics covered. World Casino News works in harmony with the World Casino Directory so the Macau information you find there is always up to date and accurate. The directory profiles every casino in Macau from the baccarat tables to the hotels and amenities right down to the price range of dining. Our readers can explore the former Portuguese enclave from the comfort of their homes, or plan a trip and book their rooms.
In order to finance its new integrated resort, the Lisboa Palace at the Cotai Strip on the island of Macau, SJM Holdings Ltd (0880.HK), the holding company of Sociedade de Jogos de Macau S.A. ("SJM"), is negoti...
Since January 2015, the number of VIP junkets in Macau has decreased to 141 from 183, according to data from the Gaming Inspection and Coordination Bureau. No explanation was given for the drop in numbers.
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MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China Holdings Ltd to expand its operations in Macau, the biggest gambling hub in the...
Macau’s gambling industry continued to decline in 2015 due to the anti-corruption crackdown launched by Beijing to weed out money laundering, racketeering and other forms of criminal activity. Macau’s Judiciary...
Non-management staff will be paid a special bonus, equivalent to one month’s salary, by Macau casino operator MGM China Holdings Limited. The first of the bonus’ two installments will be paid at the end of this...
On Thursday January 21, Synectics plc (AIM: SNX), designer and management of advanced surveillance technology and networked security systems, announced a “multi-million pound” contract had been awarded to its r...
Macau’s anti-corruption crackdown against VIP gamblers from Mainland China has been going on for the last 24 months and has resulted in stricter visa regulations to tourists from Mainland China. In 2015, the go...
Macau’s casinos have been the target of an anti-corruption government crackdown for the last 24 months, but Steve Vickers and Associates Ltd now warns that the biggest gambling hub in the world is an ‘attractiv...
Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the losses incurred by Macau’s casinos has been the focus of most discussions. However, Macau’s junket opera...
Paulo Martins Chan, Macau’s Gaming Inspection and Coordination Bureau new director, revealed that the regulatory refused to renew a total of 35 junket operator licences because the companies failed to submit ne...
Hong Kong based brokerage Sanford C. Bernstein published a note claiming that approximately 52% of Macau’s December casino gross gaming revenue comes from mass market gambling. These numbers, according to the f...
Many of Macau’s casinos have accepted the fact that the VIP market segment will most likely never be the same as it was before and have since moved on to focusing on mass market gamblers just as the Macau gover...
Located on the Macau peninsula, the L’Arc Casino Hotel is the latest venue to see a case of alleged fraud in the VIP industry of the area. The police force of the city have confirmed that a complaint was receiv...
Please see update below:
The Greek Mythology casino is one of the lesser known casinos in Macau but one of the oldest casinos that has operated in Taipa. The casino has operated under an SJM Holdings license...
Macau, once a successful gaming heaven, noted a sharp gross gaming revenue drop of 35.3% for the first 11 months of 2015 compared to the same period last year. This data was released by the city’s gaming regula...