FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The Macau authorities today (Friday) revealed the amendments to the gaming law stipulating a maximum of six concessions, and the duration of the concession capped at 10 years with three
Brokerage JP Morgan has upgraded gaming operators Sands China, Wynn Macau and MGM’s risk/reward potential overweight, noting that the ongoing Covid-19 crisis is for the most
A report on the public consultation on the amendment to the gaming law has revealed that most participants “agree with the general direction of the consultation
Macau’s gaming revenue rose less than analysts expected in April, the third straight month that the casino business disappointed as the gambling hub awaits the reopening of global travel. Gross gaming
Las Vegas Sands Corp. (LVS) today (Wednesday) announced that it has entered into definitive agreements to sell its Las Vegas real property and operations, including The Venetian Resort Las Vegas
The gaming sector could begin showing signs of recovery as early as mid-March, said Lawrence Ho, chairman and CEO of Melco Resorts and Entertainment in a conference call after the
MGM China saw revenue fall by 78% to approximately HKD5.1 billion in 2020, with a negative adjusted EBITDA of approximately HKD1.4 billion, the gaming operator announced in a statement. The gaming
Mainland Chinese authorities have urged Chinese nationals who are involved in cross-border gambling activities to turn themselves in, according to a notice co-drafted by the Supreme People’s Court, the Supreme
Macau’s gross gaming revenue (GGR) advanced 2.6% in January this year, month-to-month, to MOP8.02 billion, the Gaming Inspection and Coordination Bureau (DICJ) released the city’s up-to-date gaming statistics yesterday. The January
Las Vegas Sands Corp. named acting Chief Executive Officer Robert Goldstein as permanent CEO following the death of The company also promoted two longtime executives: Patrick Dumont, previously executive vice
Sheldon Adelson, the billionaire casino magnate who made prolific donations to right-wing politicians and causes in the United States and Israel, was laid to rest in Jerusalem on Friday. Adelson, a
The Las Vegas convention visionary and philanthropist spearheaded a major project to bring the Sands name to Macau, opening the first Las Vegas-style casino in May 2004. Las Vegas Sands Corp.
Macau casinos ended their worst year on record with little sign of progress in a recovery, though hopes remain for a rebound in the world’s largest gambling hub later in
MGM Growth Properties LLC is willing to acquire a big Las Vegas Strip casino such as the Venetian - which Las Vegas Sands Corp. recently put on the block -
Sheldon Adelson is considering the unthinkable: selling his Las Vegas casinos. After decades as one of the biggest magnates on the Strip - presiding over properties like the Venetian and before
Crown Resorts Ltd.’s billionaire shareholder James Packer today (Thursday) acknowledged he knew that junket operations in Australian casinos were vulnerable to money laundering, and that there were rumors that some
Crown Resorts Ltd.’s billionaire shareholder James Packer pushed for a tie-up last year between Australia’s biggest casino operator and Hong Kong-based Melco Resorts & Entertainment Ltd. This was despite prohibitions levied
Macau gaming revenue showed little sign of improvement, notching a sixth straight month of declines of at least 90%, as a gradual relaxation of travel and visa curbs by China has
LVS is the parent company of Macau-based Sands China and Singapore-based Marina Bay Sands, which owns the iconic tri-tower resort structure with a sky-top pool connecting the three towers. The Canadian
Macau gaming revenue plunged by more than 90% for a fourth straight month, as China’s ban on tourist visas continued to deprive the gambling hub of its biggest source of
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