Apr 18, 2019 Newsdesk Features, Latest News, Macau, Singapore
Singapore’s thinking in extending the duopoly of its casino industry and that city-state’s decision to have incremental increases in its two-tier system for tax on gross gaming revenue...Apr 18, 2019 Newsdesk Latest News, Macau, Top of the deck
A subsidiary of casino investor Melco Resorts and Entertainment Ltd says it has priced an offering of new debt which is part of a rearrangement of its borrowings. The company’s subsidiary, Melco...Apr 18, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck
VIP business remains important to the overall Macau casino market: despite the softness seen in the first quarter of 2019, the segment is likely to return to growth in the future, says a senior...Apr 18, 2019 Newsdesk Latest News, Macau, Singapore, Top of the deck, World
Global casino company Las Vegas Sands Corp reported first-quarter net profit of US$582 million, a 60-percent decrease compared to nearly US$1.46 billion recorded in the same period last year. The...Apr 17, 2019 Newsdesk Latest News, Macau, Top of the deck
Sanford C. Bernstein Ltd forecasts that the gross gaming revenue (GGR) of casinos in Macau will be between 2 percent and 4 percent greater in the second quarter of this year than a year ago – if...Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck
VIP baccarat was a drag on Macau’s casino gross gaming revenue (GGR) performance in the first three months of 2019, falling 13.4 percent from the prior-year period. The rate of VIP decline was...Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck, World
A proposal by Wynn Resorts Ltd inviting regulators in Massachusetts, in the United States, to impose a rule banning the casino company’s founder Steve Wynn from the group’s resorts,...Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck
Nomura Instinet LLC has updated its forecast for Macau’s gross gaming revenue (GGR) for April to between MOP24 billion (US$2.97 billion) and MOP25 billion – in the range of 3 percent and 8...Apr 16, 2019 Newsdesk Latest News, Macau, Top of the deck
A Macau gaming labour activist group delivered a letter to the city’s Labour Affairs Bureau on Tuesday to “reflect concerns” it had regarding rubella infection cases reported this month...Apr 16, 2019 Newsdesk Japan, Latest News, Macau, Philippines, Top of the deck
Asian casino promoter Melco Resorts and Entertainment Ltd says it is “preparing to install the latest generation” of facial recognition technology in its venues in Macau and Manila this year. The...Mar 01, 2024
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US$21.6 million
Net profit reported by Success Universe Group for 2023