
Macau Casino Revenue Drops in July
Macau’s Gaming Inspection and Coordination Bureau released on Monday information about the financial performance of the city’s six casino operators in July. Gaming revenue in the Chinese administrative region fell…

Macau’s Gaming Inspection and Coordination Bureau released on Monday information about the financial performance of the city’s six casino operators in July. Gaming revenue in the Chinese administrative region fell…

Lionel Leong Vai Tac, Macau’s Secretary for Economy and Finance, said this weekend at a youth employment fair that the administrative region’s casino revenue for July will probably not exceed…

It was announced a few days ago that Chinese citizens would be allowed to stay in Macau up to 7 days instead of just 5. The new transit visa policy…

Macau’s Gaming Inspection and Coordination Bureau released information about the gambling revenue generated by the city’s six casino operators in June. It dropped 36.2% year-on-year to MOP17.4 billion compared to…

Prominent Macau junket figure Cheung Chi-tai has been put under arrest after a lengthy money laundering investigation. Mr. Cheung has been suspected of laundering about HK$1.8 billion (US$232.2 million) via…

The Macau Gaming Inspection and Coordination Bureau released information about the performance of the six casino operators that provide their services on the territory of the administrative region in May.…

Lying on the western side of the Pearl River Delta, Macau is one of the two Special Administrative Regions in the People’s Republic of China, with Hong Kong being the…

Alexis Tam Chong Weng, Secretary for Social Affairs and Culture in Macau, said on Tuesday that a full smoking ban in the city’s casinos is to be implemented. Macau officials…

Earlier today, the Macau Gaming Inspection and Coordination Bureau released information about the revenue generated in April at the city’s 35 gambling venues. According to the figures given by the…

Statistics related to the revenue generated in Macau-based casinos in March has been released. According to the numbers reported, the gambling revenue dropped by 39% as compared to the results…

Fernando Chui Sai-on, who is taking the position of Chief Executive of Macau, promised that he and his administration will do their best to impose due restrictions on the administrative…

The emblematic Red Dragon Main Event, part of the Macau Poker Cup 22, was completed on Friday. The event, as well as the whole tournament, was held at the PokerStars…

It seems like the issues related to the Macau gambling industry are here to stay. According to the latest statistics, the weak casino revenues during the last couple of months…

It is a well-known fact that the gambling sector in Macau has been experiencing a lot of setbacks in the recent months. What is more, gambling revenue in February plunged…

Earlier today, Nomura analysts Wendy Liu, Harry Curtis, and Stella Xing issued a note, commenting on the current situation in Macau and the possibility for local government to impose a…

It was announced that a partnership agreement between Dynam Japan Holdings Co Ltd and Macau Legend Development Ltd is not going to be inked. The two companies entered into talks…

Ambrose So, the Chairman of the Board of Directors of SJM Holdings, gave detailed information about the future plans of the company and the detention of Alan Ho. He announced…

A report concerning the revenues generated by casino venues during the Chinese New Year celebrations was published mere hours ago. According to the information, a lot of tourists visited the…

The Chief Executive Officer of Crown Resorts – Mr. Rowen Craigie – shared that an agreement with the Victorian government, which reduced the VIP gambling tax rates, will provide his…

Mere hours after MGM China Holdings Ltd. posted its financial report for the fourth quarter of fiscal year 2014, the gambling operator also announced that it is planning to spend…

Yesterday, the Financial Services Bureau of Macau announced that city’s government collected the amount of MOP8.49 billion or US$1.06 billion in direct gaming taxes in January, posting a 29.7% decrease…

Yesterday, Melco Crown Entertainment Ltd. said that converting Mocha Clubs Macau’s venues into non-smoking gaming parlors contributed to their overall fall in revenue for the fourth quarter of 2014. Generally…

The Co-Chairman and Chief Executive Officer of Macau Legend Development Ltd – Mr. David Chow Kam Fai – demanded from the Macau government to make the gaming market in the…

The main representative of Beijing in Macau – Li Gang – shared over the sidelines of a cocktail party to celebrate the Chinese New Year that “an interim development period”…

In a special statement, released yesterday, the Union Gaming Research Macau Ltd. announced that part of the refurbished VIP gaming area of Wynn Macau is available to players. Union Gaming…

It seems that several prominent investment analysts have recently paid special attention to the increasing costs of gaming sales of operators that manage casinos on the territory of Macau. Yesterday,…

Although Wynn Macau is among the venues that have been severely affected by the revenue crisis in Macau, the company is striving to become as profitable as it used to…

Earlier today, Chau Wai Kuong, who is currently taking the position of a director of Macau’s Judiciary Police, stated that a total of 3,023 casino-related crimes were recorded on the…

Representatives of Macau Legend Development Ltd, announced that they have received the approval of Macau regulatory bodies and all paperwork related to the establishment of a new hotel on the…

Market analysts kept predicting that January would be the eighth consecutive month when a rapid decline in revenues will be reported by casino venues on the territory of Macau. It…