By 
Terry Davis ·
Yesterday, it was reported that the government of Macau will propose a bill that fully prohibits smoking within the premises of local casinos, VIP rooms included. According to Karen Tang,…
By Terry Davis ·
Earlier today, Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp., announced that The Parisian Macao will be launched sometime in 2016. Karen Tang, an analyst for Deutsche Bank…
By 
Robert Johnson ·
Earlier today, Alexis Tam Chon Weng, currently taking the position of a Secretary for Social Affairs and Culture in Macau, announced that the local government will certainly propose a full…
By Robert Johnson ·
It was announced that the largest labor union in Macau is about to start a campaign for the implementation of a law that would ban smoking in the gambling venues…
By 
Anthony Huber ·
Apart from the weak revenues Macau-based casinos have been generating for the last couple of months, the latest reports show that the junket operators were also affected and their number…
By Anthony Huber ·
Lionel Leong Vai Tac, the Secretary for Economy and Finance, announced that Macau officials may consider implementing changes in the taxes casinos are supposed to pay. However, this is not…
By Terry Davis ·
Yesterday, the Gaming Inspection and Coordination Bureau, Macau’s gaming regulator, released a special statement, in which it denied any rumors suggesting that residents might be prohibited from entering the city’s…
By Anthony Huber ·
On Wednesday, Chinese President Xi Jinping revealed his plans, concerning the anti-corruption campaign he started last year. Those who keep themselves informed about the events related to the Asian gambling…
By Terry Davis ·
It seems that the stricter transit visa rules that were imposed last year will continue to affect Macau’s gambling industry in 2015 as well. Japanese financial holding company Nomura Holdings,…
By Anthony Huber ·
The year 2014 was marked by a drastic decrease in the gambling revenues in the biggest Asian gambling hub – Macau, and while market analysts kept announcing that the situation…
By 
Susan Sutton ·
Asian gambling industry and the Macau-based venues in particular have had a tough year during which the weakest revenue numbers ever were reported. Apart from the indications for improving the…
By Terry Davis ·
Earlier today, Hong Kong-based stock broker UBS Securities Asia Ltd. released a note concerning the likely performance of Macau’s gambling operators on the market in 2015. According to the company,…
By Anthony Huber ·
The year 2014 was a tough one for the gambling industry worldwide and even the most popular gambling destinations on a global scale reported weak revenues. As far as the…
By Terry Davis ·
Earlier today, the Asia-Pacific research team of Morgan Stanley, a popular American provider of various financial services, issued a special report on the likely performance of Macau’s casino operators on…
By Terry Davis ·
Credit Suisse Group AG, a Switzerland-based provider of a wide range of financial services, released a special note on the current status of Macau’s gaming industry. According to it, the…
By Robert Johnson ·
Macau’s Gaming Inspection and Coordination Bureau released a report on the financial performance of the city’s gambling venues in 2014. According to the results posted, Macau marked a 2.6% drop…
By Robert Johnson ·
On Monday, December 29, Wells Fargo Securities, LLC, an investment banking subsidiary of Wells Fargo & Co., stated in a special note that casino operator SJM Holdings Ltd. was the…
By Terry Davis ·
Fernando Chui Sai On, the current Chief Executive of Macau, stated that his administration will do its best to make the financial system of the administrative region less dependent on…
By Terry Davis ·
A few days ago, investment analyst Cameron McKnight of New York-based Wells Fargo Securities LLC released a note suggesting that Galaxy Macau Phase 2A’s launch might be postponed to May…
By Susan Sutton ·
Fernando Chui Sai On, the CEO of Macau, announced that the government is about to start reviewing the local gambling sector at the beginning of spring. Chinese President Xi Jinping…
By 
Casino News Daily ·
Gambling is passion and excitement. Many people love it and that’s why they bring their passion for the game to different places in the world, where they can enjoy the…
By Robert Johnson ·
The war that Chinese President Xi Jinping leads against corruption in China is about to enter a new stage. It was announced that Chinese security chiefs will begin an unparalleled…
By Robert Johnson ·
Last month, it was announced that borders between Macau and mainland China would start operating within a longer time frame and some of them would even operate around the clock.…
By Terry Davis ·
Macau-based entrepreneur Lionel Leong Vai Tac was appointed as the city’s new Secretary for Economy and Finance. One of his main responsibilities will be to supervise the gambling industry there.…
By Anthony Huber ·
According to the latest financial reports, the revenue of Macau-based casinos continues to fall. November was the sixth consecutive month in a row in which a significant decrease in revenue…
By Terry Davis ·
Lu Zhong Lou, a 49-year-old Chinese businessman, was reported to owe more than HK$3.5 billion (US$451 million) to Macau casino junket providers. It seems that Mr. Lu was a frequent…
By Susan Sutton ·
It is a well known fact that the major gambling hub in Asia – Macau, has been going through hard times and the issues with the revenues generated are getting…
By Susan Sutton ·
It has been a while since casino venues in Macau reported satisfactory numbers and announced that the revenues were decent. It seems like November is just another month that continues…
By Terry Davis ·
Melco Crown Entertainment has just officially announced its 3Q financial report. It appears that the performance of the renowned owner of casino gaming facilities, based predominantly in Macau, failed to…
By Susan Sutton ·
Despite the optimistic predictions of prominent gambling experts, it looks like the issues the Macau-based casino venues have, are here to stay. Although the revenue for September was relatively decent,…