Search Results for: galaxy entertainment
Macau extends casino licences for 6 months to allow legislature to enact new gambling law
March 4, 2022
Macau’s gambling regulator will extend the territory’s casino licences for six months until the end of December, according to...
MGM China also confirms terminating agreements with junket promoters
March 1, 2022
MGM China has also suspended operations with its primary VIP gaming promoters since December, 2021, MGM Resorts indicated in the ...
Out Of Luck: Hong Kong Casino Moguls See Fortunes Fall As Tourism Stalls
February 24, 2022
Hong Kong’s casino moguls saw a turn in fortunes as Macau pulled back from making drastic changes to laws controlling the world...
LVS and AAEC’s 20-Year-Old Dispute Might End in the Coming Weeks
February 17, 2022
Macau’s Court of First Instance has picked Las Vegas Sands (LVS) over Asian American Entertainment Corp (AAEC) in a massive $7....
Macau Court is Siding with LVS in $7.5B Breach of Contract Case Vs. Marshall Hao
February 16, 2022
Judge Seng Ioi Man said Tuesday there was no evidence that the contract in question extended beyond 15 January 2002, the date LVS...
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...
Tighter controls for Macau’s casinos
January 19, 2022
Macau's Legislative Assembly has published the draft of a highly anticipated gaming law bill that gave details on the Chinese ter...
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 Casino Licenses Issued in 2022 Could Include Hengqin Island Investments
January 14, 2022
Macau casino operators are set to see their coveted gaming licenses expire in June. Industry analysts at JPMorgan believe the six...
Macau Casinos Could Become Digital Yuan Laboratories
January 5, 2022
Current concessions in the $37 billion market are set to expire, which will require local casinos to renew their licenses for the...