Search Results for: Chinese New Year
Macau analyst expectations still too rosy, say observers
May 24, 2022
Unclear border reopening plans and rumored visa-troubles have dented industry confidence as to whether Macau will see any meaning...
MGM Cotai Double-Murder Suspect Arrested in Mainland China
May 19, 2022
A man suspected of strangling to death two women in a hotel room at the MGM Cotai in Macau May 5 has been arrested in China’s H...
DoJ Files a Lawsuit Against Steve Wynn, Ex-CEO of Wynn Resorts
May 19, 2022
The US Department of Justice has filed a lawsuit against Steve Wynn, the founder of Wynn Resorts. According to DoJ, Wynn was lobb...
Macau gross gaming revenues may suffer amid China visa
May 19, 2022
Global investment bank Credit Suisse Group AG has reportedly warned that Macau could see its aggregated gross gaming revenues cra...
Genting Singapore GGR unlikely to return to pre-Covid levels: Maybank
May 11, 2022
Genting Singapore’s gross gambling revenue isn’t likely to return to its pre-Covid levels due to an expected lack of Chinese ...
Macau’s Gaming Scene Continues Unpopular Streak with Locals
April 29, 2022
Macau depends greatly on gaming and casinos for economic support. However, one industry expert points out that depending on local...
Macau Preparing to Open Borders to Foreign Travelers, Portugal First
April 28, 2022
Macau is readying to open its enclave borders to foreign travelers for the first time in more than two years.
Inside Asian Gam...
Macau Casino Operators to Pay $6M Each for License Extensions Through 2022
March 29, 2022
The six Macau casino operators will each pay the enclave government MOP47 million — or roughly $5.83 million based on today’s...
Suncity Group’s Financial Woes Continue as Vietnam Subsidiary Defaults
March 25, 2022
Suncity Group is finding its financial situation increasingly troubled. The casino investor and junket operator is already dealin...
Macau Legislators Review Gaming Law Amendments, Prepare for Final Reading
March 24, 2022
Macau continues to advance its efforts to update local gambling laws. The committee charged with their review wrapped up another ...