Macau
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Mixed 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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Mass 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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Hard 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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Chinese 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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Work 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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Macau 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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Macau’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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Wynn 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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Largest 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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Online 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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