Crackdown on junket operators causes Macau hotel prices to plummet Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...
Macau Jockey Club under fire from members Sam Mitchell Latest Casino and Gambling NewsHorse RacingEconomy/FinanceLicensesMacau June 29, 2015 0On June 28th 2015, it was reported that a group of members have accused the Macau Jockey Club bosses of mismanagement,...
Monday last day of Hong Kong trading for Melco Crown Lars Jones Latest Casino and Gambling NewsHong KongEconomy/FinanceMacauPhilippines June 28, 2015 0In early January Melco Crown Entertainment Limited announced they would be de-listing their shares from the Hong Kong stock exchange...
First Figure 8 Ferris Wheel nearing completion in Cotai, Macau Bernard Richter Latest Casino and Gambling NewsCasino project updatesThe Players LoungeMacau June 26, 2015 0MACAU, June 25, 2015 — Melco Crown Entertainment, owner and operator of casino gaming and entertainment resort facilities in Asia,...
Hong Kong money laundering probe nets Macau junket investor Sam Mitchell Latest Casino and Gambling NewsHong KongMoney LaunderingMacau June 26, 2015 0On June 26th 2015, it was reported in Hong Kong that an investor for a junket room in Macau has...
Billionaire Steve Wynn ordered to pay $422,389 in legal fees & costs Renee Kingsley U.S.A.Las VegasCaliforniaAsian Casino NewsMacauFines, Lawsuits & LitigationNevada June 25, 2015 0Casino tycoon and billionaire Steve Wynn is no stranger to lawsuits or controversy as Wynn Resorts and Steve Wynn have...
Macau casino revenues continue to decline Sam Mitchell Latest Casino and Gambling NewsChinaEconomy/FinanceMacau June 24, 2015 0On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...
Seventeen casinos scheduled to open before 2020 in Asia Pacific Renee Kingsley Latest Casino and Gambling NewsCambodiaAustraliaCasino NewsChinaNew ZealandJapanAsian Casino NewsMacauOceania Casino NewsMalaysiaNepalPhilippinesRussiaSingaporeSouth KoreaVietnam June 22, 2015 0The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time...
Galaxy Phase II dominates Macau’s gaming market Renee Kingsley Casino NewsGaming Industry NewsEconomy/FinanceMacau June 22, 2015 0Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The...
Macau gaming revenue continues decline; government cuts spending Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau June 20, 2015 0Lionel Leong Vai-tac, Secretariat for Economy and Finance in Macau said on Thursday that June gaming revenues may be as...
Morgan Stanley says Macau casino decline caused by drop in VIP customers Renee Kingsley Las VegasCasino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauNevada June 19, 2015 0Morgan Stanley Research Asia Ltd recently completed a detailed study of the casino industry in Macau and has concluded that...
Galaxy Phase II expected to see revenue increase Sam Mitchell Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau June 18, 2015 0Lui Che-woo, Galaxy Entertainment Group’s chairman, is hopeful that Galaxy phase II will turn around to perform better in the...
Macau’s Financial Services Bureau reports 35% drop in govt gaming tax Renee Kingsley Casino NewsChinaGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau June 18, 2015 0When Beijing launched its anti corruption crackdown in February 2014 and targeted Macau’s casinos, many believed that it would be...
Macau officials issue illegal gambling website warning Sam Mitchell Latest Casino and Gambling NewsUnlicensed OperationMacau June 17, 2015 0The Gaming Inspection and Coordination Bureau, DICJ, issued a warning Friday, June 12, 2015 to the public regarding illegal gaming...
Macau gambling regulators debate casino tables in Coloane Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 16, 2015 0Macau Legislator, Au Kam San is currently inquiring as to whether the government plans to approve Coloane casino plans. Coloane...