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...
Over 600 new employees to be hired at Parisian Macao Resort Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 27, 2016 2The Parisian Macao is currently under construction in Cotai and once finished, will be in need of employees to fill...
Bernstein analysts believe that Macau will benefit from Individual Visit Scheme changes Renee Kingsley Latest Casino and Gambling NewsAsian Casino NewsMacau March 25, 2016 2The most obvious solution to revive Macau’s struggling casino industry is to stop the anti-corruption crackdown and bring back VIP...
Yacht club border post coming to Macau Fisherman’s Wharf Kim M Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0On Monday, the Macau government confirmed that the proposed waterside development facility, Macau Fisherman’s Wharf, currently under construction will have...
City of Dreams expanded retail space to open mid-year Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 23, 2016 0Melco Crown Entertainment Ltd has been working on the City of Dreams casino resort of Macau for some time now,...
New gaming area opens at Grand Lisboa of Macau Sadonna Price Latest Casino and Gambling NewsCasino project updatesMacau March 21, 2016 0On Friday, a new gaming area was revealed at the Grand Lisboa, what the casino’s operator SJM Holdings Ltd is...
Macau junket operators not interested in setting up services in new Cotai venues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 20, 2016 0With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...
Neptune Group says VIP crisis inescapable Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau March 15, 2016 0Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing...
Macau gaming operators urged to assume greater social responsibility Kim M Latest Casino and Gambling NewsConferences / Trade ShowsMacauLabor Relations March 14, 2016 0During a meeting on Friday afternoon in Macau between the Secretary for Economy and Finance Lionel Leong Vai Tak, legislator...
World’s most expensive hotel likely to open without casino; The 13 Lars Jones Latest Casino and Gambling NewsCasino project updatesMacau March 14, 2016 0Although Stephen Hung has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...