Thursday, September 19, 2019

Macau

Analysts differ on Macau’s Chinese New Year performance

  Despite Macau posting a strong year on year increase during the first few days of the Chinese New Year period, a 3.9 percent drop...

Aspect Gaming acquires Longshot Interactive

  Aspect Gaming has announced the completion of the acquisition of Longshot Interactive, thus adding a portfolio of proprietary baccarat variants to its library of...

Wynn wins with a trio, Okada dismissed

  Wynn reported three winning hands to its shareholders in the ongoing legal campaign against former partner Kazuo Okada. First, the Nevada Gaming Control Board...

Melco Crown carries on

  Melco Crown Entertainment (MPEL) posted marginal profit gains in the fourth quarter, lumbering costs from its Philippines project and Studio City financing. Fourth-quarter net...

Junket crackdown going in circles

Macau gaming stocks went on a steep downward spiral earlier this week after a media report from the UK - quoting an unnamed law...

Gaming taxes inflate Macau’s coffers

The Macau government is expected to collect upwards of USD $13.35 billion in direct taxes from gambling in 2012. The government will also net...

Nevada’s Gaming Control heads visit Macau

Nevada's three Gaming Control Board members traveled to Macau last week in an effort to re-kindle the relationship with their regulatory counterparts, the Gaming...

Sports betting revenue rises racing revenue declines

The Gaming Inspection and Coordination Bureau said that gross revenue from football betting increased by 15.5 percent year-on-year to MOP418 million (US$52.3 million), while...

MGM wins approval for Cotai casino

Shares in MGM China (2282:HK) jumped almost 6% last week after the announcement that the Macau government granted it approval for a new mega...

More gaming tables for Macau

The table cap for operating properties - currently set at 5,500 for the 2011-12 biennium - shall be increased in 2013, the Macau Secretary...

TRENDING ARTICLES

Philippine Q2 GGR up 10.7 percent

Gross gambling revenue in the Philippines rose 10.7 percent in Q2, though revenue from licensed casinos slipped from the prior quarter. 

Tigre de Cristal Phase II opening in 2022

The second phase of the Tigre de Cristal’s development in the Primorye Gaming Zone in the Russian Far East is now likely to open in early 2022 following changes to its design, owner Summit Ascent said. 

Londoner to be fully completed in July 2020

Sands China vice-president of integrated marketing & communication, Cristina Quental said on Wednesday that the Londoner Hotel will be “fully completed” in July 2020,...

India lottery operators call for GST reform

India’s lottery operators are seeking urgent GST reforms, which they say have been “crippling” the industry with multiple issues. Mr. Kamlesh Vijay Group CEO of...

Blockchain technology finds route onto casino floor

Two years on from Bitcoin’s mainstream breakthrough, land-based casinos are beginning to explore valuable use cases for the technology upon which the leading cryptocurrency is built.