Macau
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Aug 20 2012Mixed Second Quarter Results for MGM
Last Tuesday MGM Resorts International posted a second-quarter loss which was double that predicted by Wall Street. However, investors did…
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Aug 08 2012Mass Arrests in Macau Following Police Raids
On Monday police in Macau announced that they have arrested 150 people during raids on casinos and hotels after a…
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Aug 02 2012Hard Times for Macau Casinos
Things are not going well for casinos in Macau. It has been reported that casino executives have reinforced their personal…
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Jul 14 2012Chinese Economy Threatens Macau Gambling Resorts
Tour companies that bring Chinese millionaires to the gambling tables of Macau, otherwise known as junkets, are now facing their…
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Jul 04 2012Work Begins on New $4 Billion Wynn Macau Resort
Last week Steve Wynn, the U.S. casino magnate, revealed that Wynn Macau Ltd.’s latest resort is going to cost $4…
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Jul 03 2012Macau Slots’ Monopoly Shuts down Cantor Fitzgerald Sports Betting License
Cantor Fitzgerald hopes of acquiring a sports betting license in Macau last week denied. According to the Macau business daily,…
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Jun 28 2012Macau’s Casino Restrictions Silently Disappear
After being elected almost three years ago Macau’s Chief Executive Fernando Chui Sai-on said that he was in favour of…
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Jun 24 2012Wynn Resorts Granted Permission for New Macau Resort
Over the last ten years the southern Chinese city of Macau has firmly established itself as the centre of the…
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Apr 10 2012Largest Casino Resort in the World Set to Open
The “largest integrated resort in the world” opens tomorrow, April 11. The Sands Cotai Central is located on the Cotai…
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May 04 2008Online Casinos Next in Macau?
China and Macau have decided to freeze the issuing of new casino licenses for the next ten years. The market…
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