Tag: Casino
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Casino operators donate MOP40 million for Xizang mudslide relief
Macau’s six casino concessionaires and integrated resort operators have pledged a total of MOP40 million to support emergency relief and recovery efforts after a severe mudslide ... -
Casinos face margin pressure as gaming commissions hit record high
Local casino operators are facing increased margin pressure as competition for high-value customers drives gaming commissions to a record share of gross gaming revenue, according to ... -
Taiwan authorities dismantle syndicate laundering over USD1 billion via Macau casinos
Taiwan’s Criminal Investigation Bureau announced on Monday the disruption of a cross-border money-laundering operation involving a local syndicate suspected of moving roughly TWD33 billion (MOP8.32 billion) ... -
DICJ oversees closure of Grand Dragon Casino
The city’s Gaming Inspection and Coordination Bureau (DICJ) confirmed Tuesday, Sept. 23, 2025, that Grand Dragon Casino, a satellite operated under Melco Resorts & Entertainment’s license, ... -
Macau’s gaming revenue in April exceeds expectations
Macau’s gaming revenue (GGR) rose unexpectedly in April, signaling a potential boost in tourism ahead of China’s Golden Week holiday. According to data from the Gaming ... -
Macau: World’s favorite casino destination in 2024
Often referred to as the “Las Vegas of Asia,” Macau tops the charts in Online Betting Guide’s 2024 Global Casino Index (OLBG). The city received a ... -
Casino’s new RFDI data tracking raises privacy concerns
The expanded use of radio frequency identification technology in Macao casinos may unintentionally give regulators unprecedented insight into patrons’ gambling habits. Industry analyst Ben Lee told ... -
Definitely bigger than Vegas, again: Macau GGR increases 7-fold in August
The city’s casino recovery is sustaining its momentum, with gaming revenue in August soaring a staggering 686% from a year earlier to the highest level since ... -
Gov’t calls for strengthened casino security following brawl
The Judiciary Police (PJ), the Gaming Inspection and Coordination Bureau (DICJ) and representatives of six comprehensive resort companies met to promote communication and cooperation, enhance the ... -
Casinos slated to outperform in 2023, Melco leads stock rises
Casino operators in Macau are set to outperform in 2023 following nearly three years of restrictions that have hampered the gaming hub, J.P. Morgan analyst Joseph ... -
Casinos expected to suffer from staff shortage post-pandemic
The casino industry is expected to see a shortage of staff once the economy returns to normal and operators should have a clear plan for reemploying ... -
Consolidation Period Casinos resume with restrictions
All casinos in the city will be allowed to resume this Saturday, regardless of the location of their entrances. In contrast to shops located in shopping ... -
Casinos’ mandatory contribution to social funds might be waived
The rules mandating that gaming concessionaires must contribute annually with fixed percentages from their annual gross gaming revenues to the Macao Foundation (2%) as well as ... -
3-year buffer period to start alongside new concessions
The government has changed its mind and will only start counting the three-year buffer period concerning “satellite casinos” from the time new concession contracts take effect. ... -
Casino stocks rise following revision announcement
Casino’s shares recorded a surge of up to nearly 17% on Friday after authorities announced amendments to the city’s gaming law. Reports and analysts had previously ... -
June gaming revenue to show another deep plunge
Macau casinos’ June gaming revenue is expected to plunge by more than 90% for the third straight month, as China’s border curbs imposed during the coronavirus ... -
Las Vegas | Adelson’s casinos stay open in city divided over virus
MGM Resorts International and Wynn Resorts Ltd. both announced over the weekend that they were closing their Las Vegas casinos until the coronavirus threat passes. But ... -
Macau gaming revenue suffers record plunge from virus blow
Casinos in Macau reported a record drop in gaming revenue, as they grappled with the cost of closing down their businesses for 15 days to help ... -
Stanley Ho admitted to emergency room in HK – media report
Stanley Ho has been reportedly admitted to the emergency room in the Hong Kong Sanatorium & Hospital at 9:00 p.m. yesterday (Friday) after his health condition ... -
First Macau gaming revenue drop since 2016: China slowdown to blame
Monthly casino revenue in Macau fell for the first time in more than two years as China’s weakening economy kept high rollers away from the city, ... -
Macau’s casinos face dimmer prospects for October Golden Week holiday
Macau’s casinos face dimmer prospects for the upcoming Golden Week holiday as the slowing Chinese economy and trade war with the U.S. hang over the world’s ... -
Wynn Resorts shaken by misconduct claims against founder
DAMIAN J. TROISE, NEW YORK (AP) Wynn Resorts is denying multiple allegations of sexual harassment and assault by founder Steve Wynn detailed in a Wall Street ... -
Smoke from fire kills 36 in Philippine casino attack
MANILA, Philippines — A gunman stormed a crowded Manila casino early today (Friday) and used gasoline to set gambling tables on fire, creating clouds of smoke that ... -
Macau casino fortunes hit 5-year low, lead on Vegas narrows
(Bloomberg) — Macau casino revenue sunk to the lowest level in five years as Chinese high-rollers stayed away in 2015, narrowing the world’s largest gambling hub’s ... -
Breaking News: Casinos 30pct down in December, 2.5pct over the year – report
Macau’s casinos are going to end December with a year-on-year fall of somewhere between 30% and 32% and an annual drop of about 2.5% compared with ... -
President gets tough as USD75b in casino value wiped
During Xi Jinping’s first visit to Macau as China’s president, the city’s casinos would like to hear a reassuring word that might revive their tumbling ...
