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.
Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The Cotai 2.0 - Galaxy Phase II which opened its doors to the public in May has been an exception...
Lionel Leong Vai-tac, Secretariat for Economy and Finance in Macau said on Thursday that June gaming revenues may be as much as 20% lower than those reported for May. June is historically a slow month for casin...
Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that the significant decline in revenue is directly linked to the drop in Macau’s VIP clien...
Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the latter part of 2015. Galaxy Macau phase II has not quite met expectations, but Lui f...
When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be a one-off operation. As the campaign continued over the next few months, Macau’s...
The Gaming Inspection and Coordination Bureau, DICJ, issued a warning Friday, June 12, 2015 to the public regarding illegal gaming websites. Illegal gambling sites are claiming they are licensed and regulated b...
Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane is located next to Cotai, as a small district at 7.6 sq km. The inquiry was made d...
MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The agreement is being used to complete a $2.9 billion resort currently under constr...
On the heels of Neptune Guangdong Group denying media reports yesterday that they plan to idle as many as 300 workers, the David Group has informed the local Macau Business Daily that they also “ no such plans”...
Reports here and in several Asian news outlets recently, as well as analysis from Daiwa Securities Group have indicated imminent and actual layoffs by certain Macau junket operators. A report in GGRAsia today s...
When Las Vegas Sands Chairman and billionaire Sheldon Adelson decided to terminate his Sands China CEO Steve Jacobs in 2010, he had no idea of the repercussions that decision would bring. Jacobs took Adelson an...
Neptune Guangdong Group and David Group are two of the largest junket operators in Macau. They announced their intention to scale back on their VIP operations due to a slump, according to Business Daily. The ne...
On 5th June 2015 it was reported that on Thursday, Angela Leong On Kei said the multibillion dollar project for the theme park, which is to be situated next to Stanley Ho’s Lisboa Palace on the strip of Macau C...
A new slot hall opened yesterday at the Casino Waldo in the downtown area of Macau as part of a casino hotel project of Paradise Entertainment. The casino management firm and creator of electronic casino games,...
Casinos in Las Vegas might have had an average 2014 but things are looking up in 2015. Las Vegas casinos reported a five percent spike in April 2015 when compared to April 2014 and brought in over $95 million i...