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.
James Packer is one of Australia’s richest men and has a fortune that is estimated to be close to $5 billion. Packer has vested business interests but derives major revenue from his Crown Resort casinos that ha...
In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau Phase II and Broadway Macau on the same day next week on the Cotai Strip.
Gala...
A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its casino junket operations at Crown Melbourne Casino and Crown Perth Casino in Australia.
In a press rele...
Macau remains the biggest gambling hub in the world but has been asked by Beijing to stop relying on its casino industry as its major source of income and to diversify its revenue streams. Beijing has asked the...
Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They recently began expanding operations in the Philippines. Analysts are worried that this m...
SHANGHAI, China, May 15, 2015 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (SEHK:6883) (Nasdaq:MPEL) ("Melco Crown Entertainment" or the "Company"), a developer, owner and operator of casino gaming...
Beijing has targeted Macau's casino industry because it's been reported to be a hotbed for corruption, money laundering and racketeering. More than 50% of Macau's casino revenue comes from VIP and high stake ga...
On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone down by 54.8% to MOP20.9 billion for year on year in the last four months to April 30th.
I...
Galaxy Entertainment Group in Macau is set to open two greatly anticipated properties in just a couple of weeks. However, this could prove to be a troubled launch as reports indicate that there have been no ta...
Beijing's anti-corruption campaign against VIP gamblers in Macau over an extended period of time has been successful as these VIP gamblers have decided to stop frequenting Macau's casinos and instead take their...
Beijing's anti-corruption crackdown on Macau's casino industry started early last year and while many expected the crackdown to stop after a couple of months, Beijing only stepped up its initiative. The scrutin...
Caesars Entertainment Corp. said in a quarterly Securities and Exchange Commission filing yesterday that they are in discussions with the Financial Crimes Enforcement Network of the U.S. Department of the Treas...
Gambling expansion in the paradisaical Commonwealth of the Northern Mariana Islands continues with several projects in the works. Macau-based Alter City Group met with Tinian Governor Eloy S. Inos on Friday and...
Academy Award winning director Martin Scorsese special video appearance
at launch of Studio City Experience China Roadshow
BEIJING, May 8, 2015 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (SEHK:6...
Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced an unaudited rolling chip turnover loss. Rolling chip turnover is a measure casinos use to determine the ...