Renamed Horseshoe to host Poker World Series on Vegas Strip

A name paired with poker and Las Vegas lore now has a place on the neon-lit Strip following the rebranding of an iconic hotel with a memorable

Casinos likely to earn MOP11b in GGR for March

The city’s gross gaming revenue (GGR) is estimated to have reached MOP6.8 billion by Mar. 19 as economic revival continues, following the consistent recovery in tourist arrival numbers.

ID not fully aware of big six proposals for sports

Speaking to the media on the sidelines of the launching of this year’s Dragon Boat Races event, the Sports Bureau (ID) president, Pun Weng Kun, said the entity

Bill to legalize sports wagering clears Kentucky House

A bill to legalize sports betting in Kentucky won House passage yesterday , setting up a Senate showdown on a proposal that creates divisions among the

Casino revenues surge 33% as recovery continues

Macau's gross gaming revenue surged to MOP10.32 billion in February as the sector benefited from the city’s easing of restrictions since early January. The figure

JP Morgan: Macau’s recovery still in early stages

Macau's recovery is still in the early stages, even though casino stocks have more than doubled in the last three months, according to JPMorgan analysts

Las Vegas topping Macau’s GGR in 2022 only ‘one-off’

Las Vegas’ casino revenue has hit higher than Macau for the first time in 18 years as the casino sector in the city struggled to ride

Strong momentum for MGM as properties see ‘very healthy recovery’

MGM Resorts officials have confirmed that there is a “strong momentum” in its business and that its 2023 outlook remains bright, partly propelled by MGM China’s

February GGR rebound so far better than expected

The city’s gross gaming revenue (GGR) is recording a rebound, with an estimated MOP1.9 billion in the first five days of February, as the city has

Macau gaming revenue jumps 82.5% as China travel resumed

The city’s casinos saw gross gaming revenue (GGR) surge in January as China’s reopening and the week-long Lunar New Year break sparked an influx of visitors to the gambling hub, fueling optimism

Analysts expect mass GGR to recover to 60-70% of 2019 level

JP Morgan is satisfied with the pace and extent of the recovery of Macau’s gaming industry, expecting the Chinese New Year (CNY) mass GGR to recover to

LVS upbeat on strong recovery in Macau: Goldstein

Rob Goldstein, chairman and chief executive officer of Las Vegas Sands Corp (LVS), said the group is seeing “strong” momentum in its Macau operations during the Chinese

The market is ‘healthier’ without junkets, Wilfred Wong says

Sands China Limited (SCL) president and executive director Wilfred Wong thinks the local gaming market is now “healthier” without the gaming promoters, also known as

NJ gambling revenue matches all-time high, with online help

New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that amount was won by casinos from in-person gamblers.

Macau court jails Suncity founder 18 years over illegal gambling

The founder of Macau’s once-biggest casino junket organizer was sentenced today (Wednesday) to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization, and numerous other charges.

Morgan Stanley raises Jan daily GGR estimate to MOP250M

Visitation numbers to Macau have picked up since China eased its zero-Covid policy on Jan. 8, although Chinese New Year’s (CNY) visitor numbers will be “the

Junket operators steadily diminishing

The number of gaming operators in Macau continues to fall, recording a drop of 21.7% in 2022, data from the Gaming Inspection and Coordination Bureau shows.

Casinos close 2022 with MOP42.2b in GGR, 51% drop from 2021

2022 has become the worst year for casinos since 2004 due to the city’s strict Covid-19 restrictions that has kept gamblers away. In 2021, which

Junkets to guarantee gov’t with MOP1.5m in legal overhaul

Gaming promoters, more commonly known as junket operators, will be required to pay MOP1.50 million to have their licenses renewed from January 1. The day marks

Operators to face extra 20% of non-gaming investment if GGR tops MOP180b

The six gaming operators are expected to face another burden if gaming revenues reach MOP180 billion each year, as they will be required to invest

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