SJM Holdings experience drop in Q1 profits but still exceed analyst’s predictions Renee Kingsley Latest Casino and Gambling NewsCasino openingsMacau May 4, 2016 0SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the...
Hong Kong-listed Louis XIII Holdings Ltd is now officially The 13 Holdings Ltd Alex Lanter Latest Casino and Gambling NewsCasino project updatesAsian Casino NewsMacau May 3, 2016 0Louis XIII Holdings Limited has officially changed the name of its Macau hotel property into The 13. The Hong Kong-based...
Macau gross gaming revenues continue to decline Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 2, 2016 0The 33 casinos in Macau reported gross gaming revenues for April of $2.17 billion, which represents a decline of 9.5%...
Wynn Palace recruitment drive nets 3,600 employees Adam Morgan Latest Casino and Gambling NewsLas VegasWorld Casino NewsCasino project updatesEmployment & CareersMacau April 28, 2016 0Ahead of its planned opening on the Cotai Strip later in the year, the Wynn Palace resort casino has hired 3,600 employees following...
Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Five-Year plan introduced to transform Macau into world center for tourism and leisure Sadonna Price Latest Casino and Gambling NewsMacau April 27, 2016 0The future of Macau is being considered by government officials, with a new guiding tool having been introduced yesterday. The...
Macau government officials to release mid-term review of gaming industry by May Sadonna Price Latest Casino and Gambling NewsMacau April 27, 2016 0By early May, the government of Macau should be ready to release information on the gaming industry of the city...
Genting Singapore decides to shut-down its Macau subsidiary Renee Kingsley Latest Casino and Gambling NewsCasino project updatesMacau April 26, 2016 0Genting Singapore Plc, part of the Malaysian based Genting Group, recently announced that it had decided to shut-down its Macau...
MGM Macau junket operator shuts down VIP room Sadonna Price Latest Casino and Gambling NewsMacau April 25, 2016 0Local media of Macau, the Macau Business Daily, is reporting that the MGM Macau is no longer offering a VIP...
Macau Labour groups to petition Government for casino employee benefits on May 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacauLabor Relations April 22, 2016 0May 1 is known as International Workers Day and commonly referred to as Labor Day in Asia. Two of Macau’s...
Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaCasino project updatesEconomy/FinanceMacau April 21, 2016 0The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its...
Analyst says nearby construction hurting Studio City’s opening momentum Kim M Latest Casino and Gambling NewsEconomy/FinanceMacau April 20, 2016 0A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued...
Citi analysts predict slower but strong growth for NagaCorp in 2016 Renee Kingsley Latest Casino and Gambling NewsCambodiaMacau April 18, 2016 0While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked...
Junket operators to face more challenges as Macau government proposes one hundred percent rise in capital requirements Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau April 15, 2016 0The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run...
MGM and Wynn Macau have stopped providing free shuttle access from March 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau April 14, 2016 0A couple of years ago it would have been inconceivable to think that visitors to Macau would have to pay...