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Seven Macau hotels have suspended operations
A total of seven hotels in Macau are known to have suspended operations as a result of sharply lower visitation and countermeasures against the...
Macau hotels begin to suspend operations
With the mandated two-week closure of all casinos and a dramatic drop-off in visitors to the territory, a number of hotels in Macau are...
Japan government to help finance about fifty luxury hotels
Chief Cabinet Secretary Yoshihide Suga revealed over the weekend that the government was planning to assist the private sector in the financing of about fifty luxury hotels throughout Japan due to demand created by the increase in tourism.
International Entertainment appoints new CFO
International Entertainment said Li Shui Keung ceased to be chief financial officer with effect from Oct. 22.
Paradise Q2 loss widens
Paradise Co., which operates foreigner-only casinos in South Korea, posted a wider Q2 loss although revenue gained.
Macau solicits tourism tax opinion as visitation concerns mount
Macau’s tourism body is studying whether to impose a tourism tax amidst concern the territory may not be able to handle a sharp increase in visitors as connectivity with the mainland improves.
Myanmar regions seek casino permission
Five regional and state ministers in Myanmar have asked for permission to operate casinos in hotels in their territories during a meeting with the...
Sands China sees more MICE interest; bridge to help
Sands China President Wilfred Wong says he expects the opening of the bridge linking Hong Kong, Macau and Zhuhai to trigger a significant interest...
Chinese tourists down 30-40 percent over long weekend
Only 30 percent of Macau’s hotel rooms have been booked by tourists from Mainland China over the three day long weekend from April 30...
Gaming receipts at ten-year-low in 2014, but costs still rise
Total receipts from Macau’s gaming sector dropped by 2.5 percent year-on-year to MOP354.06 billion ($44.35 billion) in 2014, marking the first decrease since 2004...