News

Local outlet Macau Business Daily is reporting that Francis Lui Yiu Tung, vice chair of Galaxy Entertainment Group, has told Chinese language newspaper Macao Daily in an interview that… Read More

Melco Crown Entertainment Ltd. seems to be set to finally ask permission to open VIP gaming at their previously mass market focused Studio City casino in Macau. Bloomberg,… Read More

Although gross gaming revenue in Macau saw a year on year drop in the first half of 2016 to MOP107.79 billion, a decline of 11.4 percent from the corresponding… Read More

Data released Friday by Macau’s casino regulator,  the Gaming Inspection and Coordination Bureau (DICJ) show the gaming downturn entering its third year with a year on year gross gaming… Read More

Venetian Macau and MGM Macau have had their appeals denied which related to tourism taxes owed from 2011 and 2009 respectively. Galaxy Entertainment Group had previously exercised their… Read More

Local television and radio broadcaster Teledifusão de Macau reports that the MGM Cotai casino resort, originally scheduled to open by the end of 2016, will not experience any serious… Read More

In a brief press release today, Wynn Macau, Limited announced that the new Wynn Palace casino resort will open in the Cotai area of Macau on August… Read More

Bloomberry Resorts Corp. said in a filing the Philippine Stock Exchange last week that it’s subsidiary Solaire Korea Co. Ltd is selling their 96.23 percent share in the company that owns … Read More

Although prospects for Macau’s dog racing enthusiasts may not be bright, the Macau Jockey Club & Racing Complex (MJC) seems to be positioning for a rebirth of the… Read More

A forecast published in London yesterday by the Economist Intelligence Unit (EIU) predicts that real Gross Domestic Product for Macau will continue to shrink this year, but at… Read More

Studio City Macau, which opened with only mass market and high stakes tables and slots has said they will consider adding VIP junket facilities to their offering. The… Read More

Macau casino operator SJM Holdings Ltd. (hk:0880) said Thursday that their Grand Lisboa Palace casino is set to open in the second quarter of next year, which will… Read More

The 13 hotel, which formerly had a working name of Louis XIII is completing the interior finishes of construction on the Coloane side of Cotai (Coloane/Taipei) in… Read More

Crown Resorts Ltd announced in a filing with the Australian Securities Exchange Wednesday that they plan to separate most of their non-Australian located businesses from their domestics. They will… Read More

A chorus of voices has arisen calling for the closure of Macau Canidrome. Local media Lusa news agency reports that economists have joined the debate along with community… Read More

Local media is reporting that a war of words has emerged again between Sands China Ltd boss, Sheldon Adelson and Galaxy Entertainment Group (GEG). The quotes attributed to gambling… Read More

The governing body of Greyhound Racing in New South Wales, Greyhound Racing NSW (GRNSW) has charged 179 owners and trainers with allegedly illegally exporting greyhounds to Macau in contravention… Read More

Chow Tai Fook Jewellery Group Ltd., has reported a full year profit drop of 46 percent as the Chinese economy beyond Macau gaming has continued to slow…. Read More

Beijing has given the green light for Hong Kong and Macau businesses to open entertainment venues, sans casinos, in the southern province of Guangdong, China. The move allows companies… Read More

Macau Slot Co Ltd has had its singular sports betting license renewed with a new period of five years, insuring the operator a continued monopoly on all… Read More

Sheldon Adelson’s Sands China today revealed in a filing with the Hong Kong Stock Exchange that Las Vegas Sands Corp. has “reached a comprehensive and confidential settlement” with former Sands… Read More

Compared to the last quarter of 2015 crime in Macau has fallen significantly so far this year, according to the government’s mid-term review report on the local casino… Read More

The board of directors of Macau casino concessionaire,  Sands China Ltd. (HKEx:1928) announced poll results from ordinary resolutions proposed at the annual general meeting held on Friday… Read More

  Global Gaming Expo (G2E) Asia 2016, which ran from May 17 – 19 at the Venetian Macao this year saw another record-breaking turn out.  Over 10,000… Read More

The new Cotai development, Grand Lisboa Palace, expects to request 400-500 new-to-market gaming tables before it opens in late 2017 or early 2018. Macao Daily reported that Friday, SJM Holdings… Read More

Amax International Holdings Ltd (HKEx:959) announced this week that on May 15 they had been given in principle approval to begin gaming operations from the Republic of Vanuatu. The release… Read More

Macau Legend Development Ltd struck a bargain with the Lao government recently giving them a 50 year monopoly in Bolikhamsay, Khammouane and Savannakhet provinces, which includes the… Read More

Vietnam is one country that has benefited greatly from the collapse of Macau’s casino industry. High stake gamblers from Mainland China have shown a preference to travel… Read More

Chinese officials and the Gaming Inspection Coordination Bureau, known as the DICJ, are cracking down hard on corruption in the Macau gambling industry. A new provision will… Read More

MGM China Holdings Ltd recently released its first quarter performance report which showed that the company had a twenty five percent drop in revenue. Although the drop… Read More

Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s joint venture partner. The two Casino giants… Read More

Global Gaming Expo Asia (G2E Asia) will be held in Macau from May 17 through 19. It is the most important gaming industry event in the region… Read More

Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s joint venture partner. The two Casino giants… Read More

The Asia Gaming Awards announced today that they have concluded the first phase in shortlisting nominees for this years awards in ten categories. The awards recognize milestones… Read More

Louis XIII Holdings Limited has officially changed the name of its Macau hotel property into The 13. The Hong Kong-based company announced the possible name change by… Read More

SJM Holdings is one of the six major casino operators in Macau and the parent company to some of the most well known casinos in Macau including… Read More

Ahead of its planned opening on the Cotai Strip later in the year, the Wynn Palace resort casino has hired 3,600 employees following hundreds of onsite interviews and several job… Read More

Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial data, which was released on Wednesday, revealed… Read More

The future of Macau is being considered by government officials, with a new guiding tool having been introduced yesterday. The new Five-Year Development Plan for Macau was… Read More

By early May, the government of Macau should be ready to release information on the gaming industry of the city based on a mid-term review. First started… Read More

May 1 is known as International Workers Day and commonly referred to as Labor Day in Asia. Two of Macau’s labor groups have plans to submit individual… Read More

The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its revenue from its Macau based subsidiary, the… Read More

A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued disruptions going on next to the property…. Read More

While most Asian markets including Macau experienced a significant decline in gambling revenues in 2015, Cambodia’s casino industry has bucked the trend and recorded strong profits. The… Read More

The decline of Macau’s casino industry over the last two years has made it difficult for junket operators to run a successful operation as these middle agents… Read More

A couple of years ago it would have been inconceivable to think that visitors to Macau would have to pay for a shuttle ride from the ferry… Read More

Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge to smoke, as smoking is banned at… Read More

Las Vegas Sands Corp (NYSE: LVS) agreed Thursday to pay $9 million in order to end a five year probe into allegations that it violated the Foreign Corrupt Practices… Read More

The latest reports of gaming revenues from Macau show the gambling city continues to fall short of revenue estimates, with 22 consecutive months of declines. The Macau… Read More

Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had similar margins, witnessing a drop of 34.7… Read More

On Monday, the Macau government confirmed that the proposed waterside development facility, Macau Fisherman’s Wharf, currently under construction will have its own border post. International visitors arriving… Read More

City of Dreams expanded retail space to open mid-year

Melco Crown Entertainment Ltd has been working on the City of Dreams casino resort of Macau for some time now, with several aspects in the works. According… Read More

With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering their VIP services in the area. However,… Read More

Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing VIP junket model no longer sustainable. The… Read More

Although Stephen Hung  has already poured more than a billion dollars into The 13, his all-suite hotel on the Coloane/Cotai border may not offer any gambling games when… Read More

During a meeting on Friday afternoon in Macau between the Secretary for Economy and Finance Lionel Leong Vai Tak, legislator José Coutinho, and Stephen Lan, issues were… Read More

As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of Macao Gaming is a labor group of… Read More

1,000 of the Sands China Ltd staff will now have the opportunity to take part in a new career development program offered by the company. The program… Read More

Macau billionaire Lui Che-Woo made his fortune by turning the Galaxy Entertainment Group Ltd into the third largest casino enterprise in the world. The 86 year old… Read More

With fewer VIP gamblers visiting Macau, the casinos in the once bustling city are now earning less money. With less earnings, pay drops are expected and Steve… Read More

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