Search Results for: satellite casino
Tax incentives eyed for casinos to broaden sights
May 16, 2022
Macau is willing to consider a tax cut of as much as five percentage points on a casino's gross gaming revenue if the SAR's opera...
JP Morgan labels SJM Holdings liquidity “worrying” on COVID-19, satellite concerns
April 25, 2022
JP Morgan analysts have labelled the liquidity of Macau casino concessionaire SJM Holdings as “worrying” amid concerns over i...
New bill on Macau junkets, satellites gets first read Weds
April 19, 2022
Macau’s Legislative Assembly has scheduled for Wednesday (April 20) a first reading of a new consolidating bill relating to jun...
SJM satellites Ponte 16, Kam Pek to continue ops to Dec
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April 5, 2022
Success Universe Group Ltd, an investor and promoter in Macau casino hotel Ponte 16, has agreed with casino operator SJM Holdings...
CNMI hoping displaced Macau casino operators can save the day
March 3, 2022
The head of Saipan’s Commonwealth Casino Commission, Andrew Yeom, believes moves by the Macau government to tighten its gaming ...
Macau Government Reaffirms Stance Against Online Gaming Concessions Amid New Anti-Gambling Law
October 21, 2024
The Macau government has firmly stated that it has no intentions of issuing public concessions for online gaming. This declaration...
Macau Legislature Approves Enhanced Illegal Gaming Law to Tackle Gambling-Related Crimes
October 17, 2024
The Legislative Assembly (AL) of Macau has unanimously approved a new illegal gaming law aimed at addressing various illicit activ...
Macau to Impose Five-Year Sentences for Illegal Money Exchanges for Gambling
October 14, 2024
Macau has made it illegal to engage in unauthorized currency exchanges for gambling purposes, with offenders facing penalties of u...
Macau Gaming Revenue Hits Lowest Point in 2024; Baccarat Still Dominates
October 2, 2024
Macau's gaming industry experienced a mix of growth and challenges in September 2024.
According to the Gaming Inspection and Coor...
Macau’s Chief Executive candidate vows gaming industry will not shrink during his term
September 30, 2024
As Macau gears up for its upcoming Chief Executive election on October 13, 2024, Sam Hou Fai, the only candidate, has laid out a c...