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...
Paul Lee appointed Chief Sales Officer at World Gaming Group Limited Lars Jones Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMacau April 13, 2016 0Paul Lee has been appointed to the newly created position of Chief Sales Officer at World Gaming Group (WGG) with immediate effect....
Morgan Stanley reports Macau could reach overcapacity by 2017 Sadonna Price Latest Casino and Gambling NewsMacau April 13, 2016 0With several new resort venues in the works for the city of Macau, analysts believe that by 2017, the city...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
Las Vegas Sands agrees to pay $9 million to end Macau bribery probe Lars Jones Latest Casino and Gambling NewsLas VegasMacauBriberyFines, Lawsuits & Litigation April 8, 2016 0Las Vegas Sands Corp (NYSE: LVS) agreed Thursday to pay $9 million in order to end a five year probe into...
Wynn Palace to potentially miss June deadline Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau April 8, 2016 0The Wynn Palace resort, a venue currently under construction in Cotai, was set to open on the 25th of June,...
Macau casino gaming revenues continue to decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau April 3, 2016 0The latest reports of gaming revenues from Macau show the gambling city continues to fall short of revenue estimates, with...
Macau government announces no interest in expanding IVS policy Sadonna Price Latest Casino and Gambling NewsChinaHong KongMacau March 30, 2016 0On Tuesday, Fernando Chui Sai, the Chief Executive of Macau, spoke to local media, stating that the government of Macau...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...