Search Results for: Macau casino concessionaires
Macau junket rep says VIP promoters must change business model to survive after first meeting with DICJ on gaming law
February 22, 2022
The President of the Macau Association of Gaming and Entertainment Promoters says licensed junkets must revert back to their orig...
Satellite casino issue continues to dominate gaming law amendment committee discussion
February 16, 2022
Evaluation of the gaming law amendment bill has continued today (Tuesday) in the Legislative Assembly (AL) second standing commit...
Cape Verde’s only casino sees 122 pct revenue jump in 2021
February 3, 2022
Gross gaming revenue generated by the only Cape Verdean casino increased by more than 122% in 2021, compared to the previous year...
Macau gambling industry amendment bill passes first reading amid “satellite casinos” concerns
January 26, 2022
The Macau Legislative Assembly (AL) passed its first reading of the draft bill seeking to amend Macau’s gaming on Monday. The d...
Gaming law amendment bill first draft approved at Legislative Assembly, ‘satellite casino’ issue raises doubts
January 25, 2022
The Legislative Assembly has passed the draft gaming law amendment bill this afternoon, with legislators questioning Secretary fo...
Macau looking to introduce draft gaming bill on Monday
January 20, 2022
The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Asse...
Macau’s gaming law reforms positive for casino industry, but outlook clouded by Covid-19 uncertainty, UBS, JPMorgan analysts say
January 18, 2022
The amendments to Macau’s gaming laws have removed significant regulatory overhang for the city’s casino industry, but the ou...
Macau government cuts junket tax revenue forecast for 2022
January 13, 2022
The Macau government is expecting to collect only MOP43 million in tax on commission from casino junkets in 2022, after the crack...
Macau Stocks Could Experience Material Rebound in 2022, Says Morgan Stanley
December 17, 2021
Casino operators with significant Macau footprints are among 2021’s worst-performing gaming equities, but a slew of disappointi...
Macau’s Junket Days Reported to be Over
December 9, 2021
The world’s largest casino junket market could soon disappear. Reports this week claimed that Macau has called for a halt to ju...