Nov 20, 2014 Newsdesk Latest News, Macau, Top of the deck
Visitors to Macau spent MOP15.5 billion (US$1.9 billion), excluding gaming expenses, in the third quarter of 2014, up by 4.6 percent from a year earlier, official data show. Total spending by...Nov 19, 2014 Newsdesk Latest News, Macau, Top of the deck
Macau gaming revenue growth is projected to stagnate judged year-on-year at zero percent for 2014 and to decline by 1 percent in 2015, says a note from financial services firm Fitch Ratings Inc....Nov 18, 2014 Newsdesk Latest News, Macau, Top of the deck
Average daily revenue (ADR) at Macau casinos is softening as VIP play shows no sign of recovery and mass-market business remains soft, say a number of investment analysts. “Up to November 16,...Nov 18, 2014 Newsdesk Latest News, Macau, Top of the deck
The gaming sector was the largest source of inward foreign direct investment (FDI) to Macau last year, recent official data show. Information from the city’s Statistics and Census Service indicated...Nov 17, 2014 Newsdesk Latest News, Macau, Top of the deck
The continued bank credit decline in mainland China suggests no imminent rebound in VIP gaming in Macau, says Wells Fargo Securities LLC. “We believe growth in credit is necessary for growth to...Nov 17, 2014 Newsdesk Latest News, Macau, Top of the deck
A new hotel at Macau Fisherman’s Wharf is ready but not yet open to the public because it lacks full government licensing, said David Chow Kam Fai (pictured), chief operating officer of casino...Nov 17, 2014 Newsdesk Latest News, Macau, Top of the deck
Visitors from an estimated 20 nations are expected to attend the Macao Gaming Show held this week, say the organisers. The three-day event starts on Tuesday. They add that as of November 12, the...Nov 14, 2014 Newsdesk Latest News, Macau, Top of the deck
Casino services firm China Star Entertainment Ltd, which suspended trading of its stock on the Hong Kong Stock Exchange on November 3, is planning to sell the Lan Kwai Fong (pictured) hotel property...Nov 14, 2014 Newsdesk Latest News, Macau, Top of the deck, World
An undertaking sought by the authorities in New South Wales before granting a casino licence to Crown Resorts Ltd in Sydney includes a provision to prevent “any new business activities or...Nov 13, 2014 Newsdesk Latest News, Macau, Top of the deck
The labour activist group Forefront of the Macao Gaming says the government has to be more efficient in enforcing the smoking ban on casino mass floors in the city. The association is also calling...(Click here for more)
3.8K nabbed in anti-illegal
gambling ops in C. Luzon
Philippine News Agency May 19
Nevada regulators approve
Barry Diller to work in casino biz
The Wall Street Journal May 19
Battle over smoking in N.J, casinos
pits workers’ health against profits
CNBC May 19
”[Revenue at Okada Manila] will be around 80 percent of the pre-pandemic level in 2022 before recovering almost fully in 2023"
Satoru Aoyama, Akash Gupta and Kalai Pillay
Analysts at credit rating agency Fitch