02, Jan, 2017

Macau’s gaming sector raked in a total of MOP 19.8 billion (US$2.5 billion) in December, a 8 percent year-on-year increase, according to data from the Gaming Inspection and Coordination Bureau.

01, Jan, 2017

Macau raked in a total of MOP 72.8 billion (US$9.1 billion) in gaming taxes in the period from January to November 2016, according to data from the Financial Services Bureau.

01, Jan, 2017

Gambling revenue in Macau is poised to rise 7 percent in 2017 led by mass market players, according to analysts surveyed by Bloomberg.

27, Dec, 2016

Neptune Group Ltd. has posted an audited net loss of HK$466.7 million (US$60.1 million) for the fiscal year ended June 30, according to the company’s filing to the Hong Kong Stock Exchange.

27, Dec, 2016

Sega Sammy Creation Inc. has announced the installation of their electronic gaming machine “Exciting Baccarat” at Galaxy Macau.

20, Dec, 2016

Gross gaming revenue for the month of December is expected to be between MOP 19.6-20 billion, a 7-9 percent year-on-year increase, according to the latest note from Bernstein.

19, Dec, 2016

Iao Kun Holding said one of its promoters has been summoned by the Macau Special Administrative Region Court to respond to a request for bankruptcy filed by Galaxy Casino Company.

Sang Heng Gaming Promotion Co. is required to respond to the summons within 30 days of the final publication of the notice, Iao Kun said in a filing with the Hong Kong Stock Exchange.

17, Dec, 2016

Macau’s gross gambling revenue is likely to grow by 10 percent in 2017, according to analysts at Morgan Stanley, who raised their forecast from a prior estimate of 2 percent.

16, Dec, 2016

To coin a popular phrase, 2016 really has been a year of two halves in the Asian gaming industry. To continue with the cliches, it’s also fair to say there have been a few curved balls along the route.

16, Dec, 2016

Crown Resorts’ decision to halve its stake in its Melco Crown Entertainment venture is not a call on the Macau market, but rather a decision to refocus on Australia, analysts say.

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