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Macau

Macau Gaming

article HK airport closure no impact on Macau weekly GGR: analysts
(8/20/2019)
(Macau) -- The temporary closure of Hong Kong International Airport on August 12 and 13 in relation to protests that have been affecting that city, did not hurt gross...
article Macau not hurt by Hong Kong airport shutdowns, analysts say
(8/20/2019)
(Macau) -- The Macau focused brokerage firms don’t think the Hong Kong protests, which closed the latter city’s airport on August 12 and 13, caused much of...
article Gaming Stocks Get Boost From Bullish J.P. Morgan Note on Macau
(8/19/2019)
(Macau) -- Shares of casino stocks were rising sharply Monday after analysts at J.P. Morgan published a note saying that the pro-democracy protests in Hong Kong won'...
article Macau sector sized up amid Hong Kong disruption
(8/19/2019)
(Macau) -- An important note is out from JPMorgan's Asia Pacific desk this morning on the Macau sector.
article Macau casinos to suffer from Hong Kong airport closures
(8/13/2019)
(Macau) -- With the closure of Hong Kong International Airport on August 12 and 13, Hong Kong’s protests have reached a whole new level. As protestors continue to...
article Las Vegas Sands looks to fight off last Macau license lawsuit
(8/12/2019)
(Macau) -- Asian American Entertainment Corp. is now asking for $11.94B as compensation in a lawsuit filed against four Las Vegas Sands (LVS -2.5%) subsidiaries,...
article Moody’s expects gaming licenses in Macau to be renewed
(8/11/2019)
(Macau) -- Three Las Vegas companies likely will get their gaming concessions in Macao extended, despite the choppy U.S. trade relationship with China, a leading bond...
article Macau's casinos count cost of Hong Kong's escalating protests
(8/7/2019)
(Macau) -- Growing protests in the Asian financial center of Hong Kong are weighing on the neighboring Chinese territory of Macau as some visitors steer clear of the...
article Macau Restricts Use of Casino Tech That Could Help the House Win
(8/5/2019)
(Macau) -- Macau’s gaming watchdog has restricted the use of artificial intelligence tools that may help casino operators track gamblers likely to bet big,...
article Macau VIP Play Crashes 20 Percent in July, Gaming Analyst Concerns Increase Regarding Enclave Outlook
(8/1/2019)
(Macau) -- Macau’s Gaming Inspection and Coordination Bureau (DICJ) reveals that gross gaming revenue (GGR) totaled MOP24.45 billion ($3.03 billion) in June, which...
article Macau casino revenues fall 3.5% year-on-year in July
(7/31/2019)
(Macau) -- Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the...
article Lisboa Palace opening delayed again
(7/30/2019)
(Macau) -- The actual opening is likely to be still later in the year. Casino operator SJM’s first foray into Cotai has been beset by delays for years. It was previously...
article Macau hotels record fewer bookings in June
(7/30/2019)
(Macau) -- The number of guests checking into Macau’s hotel and guesthouses fell 3.4% year-on-year to 1,119,000, impacted by fewer overnight stays from mainland China,...
article MGM Cotai phase two expansion not before 2021: Bowie
(7/25/2019)
(Macau) -- An expansion of the MGM Cotai casino resort, in Macau’s Cotai district, is “not likely” to be seen before 2021. So said the chief executive...
article North Koreans set to begin visiting Macau
(7/25/2019)
(Macau) -- Macau is about to get an entirely new kind of VIP. CNN reports that Air Koryo, the North Korean flag carrying airline, has begun scheduling direct flights...
article Morpheus boosts Melco’s Q2 results
(7/24/2019)
(Macau) -- Melco Resorts & Entertainment said its Q2 revenue rose 17 percent, helped by the opening of its Morpheus Hotel in June last year and higher hold rates,...
article Ho Iat Seng looks set to be Macau’s next Chief Executive
(7/23/2019)
(Macau) -- Casino operators can start getting serious about their future plans as Macau’s political outlook looks like its firming up quite nicely. The nomination...
article Macau Regulator Tightens Screws on Junkets After Chinese State Media Attack on Suncity
(7/23/2019)
(Macau) -- Macau gaming regulator, DICJ, said it will to continue to conduct random spot checks on the enclave’s junket operations, Inside Asia Gaming reports.
article Macau visitation sees big jump in the first half of the year
(7/23/2019)
(Macau) -- The gambling numbers out of Macau may not be as impressive as many had hoped for this year, but this doesn’t mean that the city isn’t receiving a...
article Casino brawl pits scammers against loan sharks
(7/22/2019)
(Macau) -- Scams in Macau continue to grow more popular, including those associated with currency exchange, gambling-related activities, internet dating and...
article Macau gaming stocks up after online gambling crackdown was said to be beneficial to local operators
(7/22/2019)
(Macau) -- Credit Suisse said that Macau’s tougher measures on online gambling were beneficial to local casino operators and Macau gaming stocks were higher this...
article Naga3 development to rival Macau integrated resorts: NagaCorp
(7/22/2019)
(Macau) -- Hong Kong-listed NagaCorp says that its impending US$3.5 billion Naga3 development at its Cambodian integrated resort NagaWorld will set a new quality...
article Travel agencies group sues owner of Macau’s Beijing Imperial Palace Hotel, seeks to halt redevelopment
(7/21/2019)
(Macau) -- A group of 20 travel agencies is seeking to have a proposed redevelopment of Macau’s Beijing Imperial Palace Hotel, home of Greek Mythology casino, put...
article Macau casinos to implement facial recognition software
(7/18/2019)
(Macau) -- On July 17, Paul Martins Chan, the director of the Gaming Inspection and Coordination Bureau (DICJ), explained that three casinos will begin using facial...
article Macau watching junkets, but Suncity not under investigation
(7/17/2019)
(Macau) -- Macau is putting its junket operators under tighter regulatory scrutiny following Suncity Group’s week to forget, but have so far found no major...
article Government vows to continue crackdown on online gambling
(7/16/2019)
(Macau) -- The government has been cracking down on illegal online gambling and will continue to do so, resulting in over 300 websites being shut down between 2016 and...
article Half of Macau casino ops testing face recognition tech: DICJ
(7/16/2019)
(Macau) -- Macau’s Gaming Inspection and Coordination Bureau, also known by its Portuguese acronym DICJ, says that the use of facial recognition technology needs...
article Macau sees suspicious casino transactions fall 14.4% in first half of 2019
(7/15/2019)
(Macau) -- The number of Suspicious Transaction Reports (STRs) issued by Macau’s casino operators fell 14.4% year-on-year in the first six months of 2019,...
article Macau Slot says illegal sports betting is hurting the sector
(7/15/2019)
(Macau) -- The operation of unlicensed betting companies in Macau is hurting the development of the sports betting sector, says local operator Macau Lottery Co., Ltd. (...
article Pansy Ho wants operators to offer Macau more in exchange for licenses
(7/15/2019)
(Macau) -- If there’s any competition leading up to the 2022 Macau licensing process, SJM Holdings has made it clear that they are ready to play ball. In an...
article Suncity launches VIP club at Macau satellite casino
(7/15/2019)
(Macau) -- Macau junket firm Suncity Group said it had a “soft opening” of a new VIP gaming club (pictured) at Rio Hotel on Macau peninsula on Monday. The...
article Bet on Macau casinos, where too much is never enough, stock analysts say
(7/14/2019)
(Macau) -- Betting on glitzy Macau’s casino stocks is a good long-term gamble, many analysts say – not because of high-rolling big whales but because of the...
article Gov’t should demand more from the gaming industry – Pansy Ho
(7/14/2019)
(Macau) -- Businesswoman Pansy Ho told Lusa that the Macau government should demand more from the gaming industry and that SJM Holdings is already preparing for the 2022...
article Suncity boss says not wanted man, apologises to Macau govt
(7/13/2019)
(Macau) -- Alvin Chau Cheok Wa, chairman of Macau junket brand Suncity Group, read out a short, prepared statement at a Saturday press conference in Macau, denying that...
article Wynn Resorts $2 Billion Crystal Pavilion Macau Expansion Will Include High-End Museum, Theater
(7/11/2019)
(Macau) -- Wynn Resorts, Ltd. will expand in Macau, the market that accounts for the bulk of the company’s revenue, with eyes on adding the $2 billion Crystal...
article Wynn Resorts unveils plans for $2 billion art museum in Macau
(7/11/2019)
(Macau) -- Wynn Resorts Ltd. unveiled plans for a USD2 billion (MOP16.1 billion) expansion of its properties in Macau, including a theater and museum in the world’...
article DICJ warns junket operators to not promote online gambling through casinos in Macau
(7/10/2019)
(Macau) -- The Gaming Inspection and Coordination Bureau (DICJ) warned local junket operators to not conduct any activity related to online gambling within the city...
article Macau gaming shares race higher on resurgence in Chinese visitors
(7/10/2019)
(Macau) -- Investors are once again placing their bets on Macau’s casinos as trade war fears recede and visitor numbers rise, bolstering the shares of major...
article Who doesn’t want to work in a casino?
(7/10/2019)
(Macau) -- A Macau study found that 81 per cent of casino workers disliked people smoking near them at work. Also in 2007 the Macau University of Science and Technology...
article Macau casino areas prone to have the most smoking violations
(7/9/2019)
(Macau) -- Smoking can be a very sensitive topic around Macau area casinos. Since smoking laws have become tighter in the administrative district, casinos have been...
article Chinese state media target Macau's Suncity in online gambling report
(7/9/2019)
(Macau) -- Macau's biggest junket operator Suncity, which operates VIP gambling rooms around Asia, has raked in billions of dollars in online gaming and proxy...
article Suncity Group denies Chinese media claims it operates online casinos
(7/9/2019)
(Macau) -- One of the most prominent junket operators in Macau, Suncity Group, has been accused of running online gambling operations by mainland state media. The firm...
article Lisboeta scheme offers 1,500 job openings for Macau locals
(7/8/2019)
(Macau) -- The under-construction Lisboeta Macau project wants to hire around 1,500 employees via a job fair to take place on July 16. A press release issued on Sunday...
article Survey hints at US$12 tourist tax in Macau: MGTO
(7/8/2019)
(Macau) -- The majority of opinions in a survey about the introduction of a tourist tax in Macau suggested that the amount should be set at over MOP100 (US$12.43), said...
44 Total Articles on this Issue

Wynn Resorts

article Wynn Resorts Banks on Solid Macau & Las Vegas Performance
(8/15/2019)
(Macau) -- Wynn Resorts, Limited WYNN is likely to gain from solid performance by Wynn Palace, Wynn Macau and Las Vegas operations. However, the trade war between...
article Wynn Resorts' US$2 Billion Art Museum Plan Could Benefit From Newly-launched Chauffeur Services Between Hong Kong and Macau
(8/8/2019)
(Macau) -- Macau, a city dubbed as "the Las Vegas of Asia" for its giant and luxurious casinos, is making its way into the art industry. Wynn Resorts Ltd. has...
article Wynn Resorts Unveils $2 Billion Expansion Plan in Macau
(7/13/2019)
(Macau) -- Wynn Resorts Ltd. unveiled plans for a $2 billion expansion of its properties in Macau, including a theater and museum in the world’s largest gambling...
article Wynn Resorts Unveils Plans for $2 Billion Art Museum in Macau
(7/10/2019)
(Macau) -- Wynn Resorts Ltd. unveiled plans for a $2 billion expansion of its properties in Macau, including a theater and museum in the world’s largest gambling...
4 Total Articles on this Issue

Sands Corp.

article Las Vegas Sands Expected To Post Softer Numbers For Q2 Despite A Recovery In Macau
(7/24/2019)
(Macau) -- Las Vegas Sands (NYSE: LVS) is scheduled to release its second quarter results on July 24 and Trefis expects continued softness in gross gaming revenue in...
1 Article on this Issue

FinCEN

article 70 percent of suspicious transactions came from casinos
(7/14/2019)
(Macau) -- A little over 70 percent of all suspicious transactions in 19H1 took place inside of gaming venues, according to data from the Macau Financial Intelligence...
1 Article on this Issue

Other News

article Galaxy Ent still taking Macau’s VIP gamblers to the cleaners
(8/13/2019)
(Macau) -- Macau casino operator Galaxy Entertainment Group (GEG) saw revenue, earnings and profit all fall in the first half of 2019 due to the ‘challenging...
article THE 13’s troubles lead South Shore Holdings to near HK$6 billion loss in FY19
(7/17/2019)
(Macau) -- South Shore Holdings Ltd, operator of THE 13 hotel in Macau, has announced a loss for the year of HK$5.84 billion – up from a loss of HK$1.57 billion in 2018...
article Macau junket operator Suncity vows to stop extending online betting to mainland China after expose by state media drew heat
(7/13/2019)
(Macau) -- Suncity Group Holdings, Macau’s biggest operator of junkets for high roller gamblers, vowed to rein in its online gaming and proxy betting operations in...
article Macau casinos use AI to spot riskier gamblers
(6/26/2019)
(Macau) -- The house always wins - and now it has artificial intelligence (AI) on its side. Some of the world's biggest casino operators in Macau, the Chinese territory...
article From casino playboy to slain CIA informant: The rise and fall of Kim Jong Un’s half brother
(6/12/2019)
(Macau) -- Before the half brother of Kim Jong Un was killed in a brazen nerve agent attack at a Malaysian airport in 2017, he was known as a playboy and a hustler...
article Macau casino sector drags down entire economy
(6/4/2019)
(Macau) -- Declines in Macau’s casino industry are starting to show all across the city. According to the Director of the Statistics and Census Service (DSEC), real...
article LT Game’s self-developed slot machines approved by DICJ
(5/22/2019)
(Macau) -- Paradise Entertainment Limited, through its LT Game subsidiary has gained approval from the Gaming Inspection and Coordination Bureau (DICJ) for their first...
article Gaming Standards Association celebrates 10 years of partnership with the Macao Polytechnic Institute
(5/16/2019)
(Macau) -- The Gaming Standards Association (GSA) and the Macao Polytechnic Institute (MPI) are celebrating an important milestone – 10 years of partnership and research...
article Launch of new-look May 2019 edition sees IAG website traffic increase 7,000% – receiving 347,000 hits in a single day
(5/13/2019)
(Macau) -- The launch of Inside Asian Gaming’s first monthly edition in Traditional Chinese, combined with the presence of Suncity Group Chairman Alvin Chau on the front...
article Transformation of Casino Operators
(5/9/2019)
(Macau) -- The true art of modern loyalty tools is not just to transform a wide source of data into valuable information and align it with a promotional budget but react...
article Macau Gaming Industry Feeling Pressure From Casino Markets Throughout Asia
(5/7/2019)
(Macau) -- Gross gaming revenue (GGR) in the Chinese enclave totaled $2.92 billion last month. That represented an 8.3 percent year-over-year win decline. Macau casinos...
press release Gaming Laboratories International (GLI®) to Highlight 30 Years of Land-based Asian Experience at G2E Asia 2019
(5/7/2019)
(Macau) -- Coinciding with its 30th anniversary, Gaming Laboratories International (GLI®) will highlight three decades of leadership providing the expanding Asia-...
article A Grim Preview of a Trade War Takes Shape
(5/6/2019)
(Macau) -- In what could be a grim preview of how investors might react to a full-out trade war between the world's two largest economies, shares in multinational...
article Asian casino operator to upgrade its facial recognition security systems this year
(4/23/2019)
(Macau) -- Real-time facial recognition at casinos in Macau and Manila operated by Melco Resorts and Entertainment will be upgraded to the latest generation of the...
article Alvin Chau to loan Suncity Group up to HK$1.5 billion
(4/9/2019)
(Macau) -- Suncity Group Chairman Alvin Chau Cheok Wa has agreed to lend the company HK$1.5 billion (US$192 million) to aid in its rapid expansion initiatives throughout...
article Macau revenues hold up well
(4/2/2019)
(Macau) -- Macau’s casinos did better in March than was expected, revenues falling only 0.4% according to official statistics.
article Casino games maker Paradise Ent US$7mln profit for 2018
(3/26/2019)
(Macau) -- Macau-focused casino equipment maker Paradise Entertainment Ltd has returned to profit, announcing a full-year net profit of HKD58.2 million (US$7.4 million)...
article BMM Testlabs reports 'strong growth' in Asia
(3/19/2019)
(Macau) -- As reported by BMM Testlabs, the year-over-year growth for the company's Asian region shows increases in all business service segments including, igaming...
article Crown Resorts Report Significant Decline In VIP Spending
(2/21/2019)
(Macau) -- Casino operators from around the world pay special attention to the Chinese market because VIP gamblers from China are known for making heavy bets on a...
article A 97-Year-Old Tycoon, His Four Wives and the Push to Revive a Casino Empire
(2/20/2019)
(Macau) -- In Macau, the world’s biggest gambling hub, few family business dynasties are as powerful as the clan led by patriarch Stanley Ho. Or as complex: The...

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