Search Results for: China
Macau Set to Finalize Casino Concessions Ahead of Expiry
December 28, 2021
Macau authorities are looking to open the bidding process for new casino licenses prior to the expiration of the current gambling...
Macau casinos seek to replace junket revenues amid crackdown, industry uncertainty
December 23, 2021
Casinos in Macau, the world’s biggest gaming hub, now face uncertainty amid COVID-19 restrictions and an ongoing Chinese govern...
Macau, Hong Kong Require Vaxx for Quarantine-Free Travel Between SARs
December 22, 2021
Macau and Hong Kong continue to wait on Beijing for permission to allow cross-border travel between the two Chinese Special Admin...
Macau’s casinos pin hopes on everyday gamblers after junket shutdowns
December 22, 2021
Macau’s casinos face a bleak short-term outlook after shutting most of their lucrative gaming rooms catering to wealthy gambler...
Macau’s Casino King Is Dethroned as Beijing Reins In Offshore Gambling
December 22, 2021
Arrest of junket boss over alleged illegal gambling syndicate targeting Chinese high-rollers threatens VIP revenue that helped ci...
Junkets to Survive Without Chinese Gamblers, Asserts Expert
December 17, 2021
Davis Fong, a gaming professor and former lawmaker in Macau, believes that junket operators in the city can survive and thrive. A...
Macau Casino Licenses To Be Issued Before June 2022 Expiry, Top Official Asserts
December 16, 2021
The six Macau casino operators in the Chinese Special Administrative Region (SAR) are scheduled to see their coveted gaming privi...
Premium-mass likely to be the new habitat for many Macau junket operators
December 16, 2021
Up to 30% of junket business in the casino hotspot of Macau may reportedly soon abandon the more traditional high-value VIP segme...
Philippine volleyball teams brace for busy 2022 schedule
December 15, 2021
PHILIPPINE National Volleyball Federation (PNVF) president Tats Suzara bared the men’s national team is set to return in the As...
Stocks slide on property debt, Macau casino risks while Alibaba drags tech
December 14, 2021
JPMorgan downgraded Shimao Group on heightened liquidity concerns, stoking default risks among Chinese developers
Hang Seng Pr...