Wynn Macau reveals a 27% drop in fourth quarter operating revenues Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceMacauFinancial Press Releases February 12, 2016 0Wynn Resorts Macau published a net revenue report that reveals a drastic drop of 27% for the fourth quarter of...
Cali Group closes two VIP gaming rooms Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau February 6, 2016 0The Cali Group is a gambling junket operator located in Macau that previously had offered four VIP gaming rooms at...
Sands China makes decision to roll out salary increase and special bonuses in 2016 Renee Kingsley Latest Casino and Gambling NewsChinaEconomy/FinanceEmployment & CareersMacau February 5, 2016 0Macau’s casino industry continued to decline in 2015 due to the anti-corruption crackdown and gross gaming revenues plummeted for a...
Jimei Casino’s VIP slot room has an average first month in Macau Renee Kingsley Casino expansion projectsChinaMacau February 3, 2016 0Macau’s Jimei Casino wanted to implement a new marketing strategy to boost its revenues in 2016 by launching an exclusive...
January Gaming Revenues Drop 21.4% in Macau Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau February 2, 2016 0According to the numbers released by the Gaming Inspection and Coordination Bureau, the gross gaming revenue in Macau dropped 21.4%...
Macau junkets to benefit from new app that provides up to date information Renee Kingsley ChinaMoney LaunderingAsian Casino NewsMacau February 2, 2016 0Macau’s casino industry has been in decline for the last 24 months due to the significant decline of VIP gamblers...
$3.2 billion to complete and open Lisboa Palace Casino Cotai being sought by SJM Holdings Kim M Latest Casino and Gambling NewsCasino proposalsCasino NewsWorld Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceAsian Casino NewsMacauMergers, Acquisitions & Partnerships January 31, 2016 0In order to finance its new integrated resort, the Lisboa Palace at the Cotai Strip on the island of Macau,...
DICJ says number of Macau junkets down to 141 Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau January 30, 2016 0Since January 2015, the number of VIP junkets in Macau has decreased to 141 from 183, according to data from...
MGM China’s creditors willing to be flexible with payment terms on $3 billion loan Renee Kingsley Las VegasCasino openingsEconomy/FinanceAsian Casino NewsMacau January 29, 2016 0MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China...
Is there a link between Macau’s gross gaming revenue decline and the rise of gaming-related crime? Renee Kingsley Asian Casino NewsMacauCrime January 27, 2016 0Macau’s gambling industry continued to decline in 2015 due to the anti-corruption crackdown launched by Beijing to weed out money...
Non-management staff bonuses announced by MGM Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsAsian Casino NewsMacauLabor Relations January 26, 2016 0Non-management staff will be paid a special bonus, equivalent to one month’s salary, by Macau casino operator MGM China Holdings...
‘Multi-million pound’ contract with local casino for Synectics Systems Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsGaming Industry NewsTechnologyCasino project updatesAsian Casino NewsMacauMergers, Acquisitions & Partnerships January 25, 2016 0On Thursday January 21, Synectics plc (AIM: SNX), designer and management of advanced surveillance technology and networked security systems, announced...
Macau authorities bust five police officers for allowing gamblers illegal entry and protection services Renee Kingsley Casino CheatingChinaMoney LaunderingUnlicensed OperationAsian Casino NewsMacauRacketeering January 19, 2016 0Macau’s anti-corruption crackdown against VIP gamblers from Mainland China has been going on for the last 24 months and has...
Vickers report says Macau’s casino industry is an attractive target for terrorists Renee Kingsley Casino openingsChinaMoney LaunderingAsian Casino NewsMacau January 18, 2016 0Macau’s casinos have been the target of an anti-corruption government crackdown for the last 24 months, but Steve Vickers and...
Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016 Renee Kingsley Gaming Law & LegislationChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau January 15, 2016 0Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the...