Macau

Latest Casino and Gambling News Casino News Macau

May 20, 2015 0

James Packer is one of Australia’s richest men and has a fortune that is estimated to be close to $5...

Galaxy Macau Phase II and Broadway Macau opening May 27

Latest Casino and Gambling News Casino News Casino project updates Macau

May 19, 2015 0

In spite of falling revenue all around them, Galaxy Entertainment Group Ltd is bursting forward with the opening of Galaxy Macau...

Iao Kun to enter Australian market; operator buys up internal junket assets for Crown casinos

Latest Casino and Gambling News Australia Casino News Macau Mergers, Acquisitions & Partnerships

May 19, 2015 0

A deal has been completed with the Iao Kun Group Holding Co Ltd that will allow the firm to develop its...

Macau targets India and expects more tourists to arrive

Gaming Industry News India Macau

May 18, 2015 0

Macau remains the biggest gambling hub in the world but has been asked by Beijing to stop relying on its casino industry as...

Sun City opens junket rooms in Philippines–Macau policies may be reason

Latest Casino and Gambling News Casino News Economy/Finance Macau Philippines

May 18, 2015 0

Sun City is currently the largest junket in Macau with a historic share of the lucrative market in the 25-30% range. They...

Batman Dark Flight to be centerpiece at Studio City Macau

Bernard Richter

Latest Casino and Gambling News Casino project updates The Players Lounge Macau

May 15, 2015 0

SHANGHAI, China, May 15, 2015 (GLOBE NEWSWIRE) — Melco Crown Entertainment Limited (SEHK:6883) (Nasdaq:MPEL) (“Melco Crown Entertainment” or the “Company”),...

Chinese authorities catch and prosecute 2nd most wanted man in China

China Money Laundering Macau Financial Fraud Singapore

May 15, 2015 0

Beijing has targeted Macau’s casino industry because it’s been reported to be a hotbed for corruption, money laundering and racketeering....

Gaming revenue dips; Macau govt surplus down 54.8%

Latest Casino and Gambling News Casino News Economy/Finance Macau

May 14, 2015 0

On May 13th 2015, according to the city’s Financial Service Bureau, the surplus for the government of Macau has gone...

Two venues opening soon in Macau, table allocation not determined

Latest Casino and Gambling News Casino News Casino project updates Licenses Macau

May 14, 2015 0

Galaxy Entertainment Group in Macau is set to open two greatly anticipated properties in just a couple of weeks. However, this could...

Deutsche Bank says Macau mass gamblers do not bring in as much revenue as VIP gamblers

Economy/Finance Macau

May 14, 2015 0

Beijing’s anti-corruption campaign against VIP gamblers in Macau over an extended period of time has been successful as these VIP...

Beijing pushes for economic diversification in Macau in order to limit Western financial control

Latest Casino and Gambling News Gaming Law & Legislation Casino News Macau

May 13, 2015 0

Beijing’s anti-corruption crackdown on Macau’s casino industry started early last year and while many expected the crackdown to stop after...

Caesars money laundering charges–up to $20 million fine possible

U.S.A.Money Laundering Macau Fines, Lawsuits & Litigation

May 12, 2015 0

Caesars Entertainment Corp. said in a quarterly Securities and Exchange Commission filing yesterday that they are in discussions with the Financial...

Tinian casino opening 12 years out–constant progress