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Majority of Macau players employ legitimate fund transfer methods: Citigroup
The robust gaming demand in Macau justifies the view that concerns over a crackdown on illegal money flows are overdone, according to Citigroup.
Dr. Shocker set to prove an ‘electrifying game’ from Galaxsys
Galaxsys, a games studio that creates high-energy games preferred by players who enjoy quick wins and something unique, is gearing up for its next major game release, Dr. Shocker, which will be available on the web and mobile.
Imagine Live launches Casino Hold’em
Imagine Live unveiled its latest game addition - Casino Hold'em. This thrilling new game promises to elevate the poker experience for enthusiasts and novices alike, combining the excitement of traditional Texas Hold'em with the thrill of live casino action.
Macau’s May GGR expected to hit $2.5B, Labor Day hotel prices 30% below CNY: brokerages
Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.
Indian authorities freeze $15 million linked to Chinese betting apps
Authorities in India have frozen INR123 crore ($15 million) and conducted searches in ten locations during a crackdown on Chinese controlled betting and loan apps.
Macau on its way to becoming a “City of Performing Arts”: scholar
Holding concerts has already become the main driver for tourist volume in Macau among all non-gaming elements, according to a scholar.
MGM China sales team expansion shows confidence: Citigroup
Citigroup noted that MGM's management is 'showing confidence in the market', MGM China's President and Chief Operating Officer Hubert Wang revealed that the company will double the headcount of its international sales and marketing team
Courts uphold skill-game legality in major step forward for industry
India is viewed as one of the most promising markets in Asia for the skill-based online gambling industry and recent court rulings have helped cement the legality of the practice.
Daily Asia Gaming eBrief: Concerts driving Macau non-gaming spend
Concerts are likely to be the main driver of non-gaming spend within Macau, notes a scholar, as operators aim to get the maximum bang for the buck when hosting large-scale events in the SAR.
Some junkets relocating business to Southeast Asia amid stringent regulatory environment: paper
Amid the challenging circumstances, some junkets based in Macau have been gradually relocating their business operations, along with their players, to small-scale casinos in Southeast Asia. This information comes from the latest report on the Macau junket industry, which concludes that the ability of the junkets to withstand the current regulatory challenges and fully recover remains uncertain.
