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American electronic gaming company GameCo Inc. will apply for an MSAR gaming license and product licensing in the coming months, the company’s CEO, Blaine Graboyes, told Business Daily.

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Macau Gaming

8/21/2017

article The Money Lost at Macau Table Games Will Shock You
(Macau) -- Macau is by far the biggest gambling market in the world, generating $31 billion in gambling revenue over the past year, compared to just $6.5 billion on the...

8/17/2017

article Macau’s August GGR likely to increase
(Macau) -- Gross gaming revenue (GGR) in Macau could increase 22 percent this month, as several brokerages estimate based on unofficial daily returns for the month so...
article As Macau Rebounds, Casinos Eye This Next Possible Gaming Hot Spot
(Macau) -- As more than $13 billion in new construction comes to completion this year and gaming revenue begins once again to trend higher in China's massive...

8/15/2017

article Studio City applies for IPO
(Macau) -- Studio City International Holdings, the holding company Macau’s Hollywood-themed Studio city, has reportedly filed with the U.S. Securities and Exchange...

8/12/2017

article Skilled betting
(Macau) -- American electronic gaming company GameCo Inc. will apply for an MSAR gaming license and product licensing in the coming months, the company’s CEO,...

8/11/2017

article Cotai to become the casino hub in Macau
(Macau) -- Senior Partner of US-based consultancy Global Market Advisors LLC (GMA), Andrew Klebanow, said that Cotai’s developments will likely surpass the Macau...
article Macau Peninsula to become 2nd-tier casino hub: analyst
(Macau) -- Macau’s traditional gaming zone on downtown peninsula is poised to become a second-tier casino hub, outshined by the development of several large-scale...

8/9/2017

article Macau Horse Racing Co granted six month license extension
(Macau) -- The Macau Horse Racing Co, operator of the Macau Jockey Club, has had its gaming concession renewed for another six months, according to the Official Gazette...

8/5/2017

article Crouch insists report into betting machines will be published in the autumn
(UK) -- Sports minister Tracey Crouch took to Twitter on Saturday to label a newspaper's claim's that chancellor Philip Hammond had "shelved...a clampdown on betting...

8/4/2017

article Macau Land Row Rattles Casino Bosses Ahead of 2020 Licence Talks
(Macau) -- A no-nonsense approach by the Macau government in disputes with land developers is rattling the nerves of casino executives, who fear it portends a rough ride...

8/3/2017

article Alibaba to turn world’s largest gambling center into smart city
(Macau) -- Alibaba is going to turn the historic city of Macau, and world’s largest gambling center, into a smart city of the future via the services of Alibaba...
article Lavish casino bet comes up short for Wall Street investors
(Macau) -- It’s due to feature USD1,500-a-night French Baroque suites with marble Roman baths for eight, and 30 custom red Rolls Royces to squire around its guests...
article Lavish casino hotel in Macau aimed at China’s ultra rich is struggling to open
(Macau) -- It’s due to feature $1,500-a-night French Baroque suites with marble Roman baths for eight, and 30 custom red Rolls Royces to squire around its guests...

8/2/2017

article Casino Hotel Aimed at China's Ultra Rich Is Struggling to Open
(Macau) -- It’s due to feature $1,500-a-night French Baroque suites with marble Roman baths for eight, and 30 custom red Rolls Royces to squire around its guests...

8/1/2017

article Macau gaming revenue up 29 percent in July
(Macau) -- Macau continues to shoot the lights out so far in 2017. Gross gaming revenue on the Chinese peninsula jumped 29 percent in July to $2.86 billion, according to...
article The 13 missed opening deadline
(Macau) -- A report from Bloomberg revealed that The 13 Holdings Ltd. missed yesterday’s deadline to open the facility, an exclusive condition that Bank of...
article Gaming revenue slump deals Macau casino operator SJM a poor hand, as gambling tables fail to attract big spenders
(Macau) -- SJM Holdings, the Macau gaming operator owned by the family of legendary casino mogul Stanley Ho, posted a worse-than-expected net profit for the first half...
article Macau Casinos: July Gaming Revenues Beat Expectations
(Macau) -- Gross gaming revenues across Macau’s casinos came in above expectations in July. Data from the Chinese gambling enclave’s Gaming Inspection and...

7/31/2017

article Macau casinos extend one-year winning streak with monthly revenue rise
(Macau) -- Casinos in the world's biggest gambling hub of Macau extended a one-year winning streak with monthly revenue rising 29 percent in July due to a resurgence...

7/26/2017

article Is Online Gambling a Threat to Macau?
(Macau) -- Macau overtook the Las Vegas strip as the gambling hub of the world back in 2006, when gambling revenue soared by 22% and reached $6.95 billion. Since China...

7/25/2017

article In key audit, Macau gets glowing report card for efforts to fight dirty cash
(Macau) -- Casino hub Macau’s bid to reinvent itself as a family-friendly tourist destination was given a boost after a respected international body handed the...
article Macau casino suffers seven chip scams in less than a week
(Macau) -- Police in Macau have said that seven separate scams involving counterfeit chips have taken place in one of the region's casino resorts within the last...
article Macau Visitor Arrivals Up Over Five Percent Through First Half of 2017
(Macau) -- Macau welcomed more than 15 million visitors between January and June 2017, a 5.4 percent gain compared to visitor numbers for the first half of 2016. Even...

7/24/2017

article When Lady Luck Checks Out
(Macau) -- You could be forgiven for never having heard of 13 Holdings Ltd., a Hong Kong-listed property-management firm established to raise funds for a luxury hotel...

7/23/2017

article Macau Casinos Comped Fewer Rooms in 2015, as VIP Crackdown Blocked High Roller Arrivals
(Macau) -- Macau casinos reported expenditures of MOP8.8 billion ($1.1 billion) from complimentary guestrooms and free food and beverage service in 2015. That represents...
article Macau Police Bust Scam “Pop Up” VIP Casino Op
(Macau) -- Macau authorities have busted a bogus “pop-up” VIP casino racket that bilked high-rollers out of millions in allegedly crooked baccarat games,...

7/21/2017

article Macau given positive rating by AML group
(Macau) -- The Asia Pacific Group on Money Laundering (APG) has given Macau a positive rating for its anti-money laundering efforts. Asia Gaming Brief reports that a...

7/20/2017

article Gang running ‘pop-up’ VIP rooms to cheat gamblers of millions busted in Macau
(Macau) -- A brazen gang behind a network of illegal “pop-up” casino VIP rooms in which gamblers were cheated out of millions in “fixed” card...
article Sharp Rise in Macau VIP Gambling Revenue Signals New Beijing Crackdown
(Macau) -- Macau has been attempting to transform itself into a cleaner tourist destination with a wider appeal by branching out from its traditional mainstay of...

7/19/2017

article Fresh Beijing crackdown on dirty Macau cash anticipated as VIP casino revenues surge
(Macau) -- A surge in VIP takings at Macau casinos coupled with an unprecedented warning from its biggest junket operator about the dangers of moving money in and out of...
article Macau's Casinos Can Tilt the Odds Back in Their Favor
(Macau) -- It's natural to be scared of betting big just after losing a great hand. But savvy gamblers know that just because the first game played out one way, the...
article Macau's Tables Are Turning
(Macau) -- It's natural to be scared of betting big just after losing a great hand. But savvy gamblers know that just because the first game played out one way, the...

7/18/2017

article City of Dreams casino stops construction following fatal accident
(Macau) -- Construction of the fifth casino tower to be built at the Macau City of Dreams casino complex was suspended last Friday following the accidental death of a 33...
article Macau junkets seek higher capital reserves for new operators
(Macau) -- Macau casino junket operators should be required to maintain significantly higher capital reserves to keep pace with the resurgent VIP gambling market and...

7/17/2017

article Macau VIP gambling growth likely unsustainable: Nomura
(Macau) -- Revenue expansion in the Macau VIP gambling sector is probably “unsustainable” and in likelihood “too high for the government’s taste...
article VIP gambling reclaims Macau casino revenue throne
(Macau) -- Macau’s VIP gambling market continued its resurgence in the second quarter of 2017, outpacing mass market growth by a factor of four.
article Macau Casino Stocks Slump on China Crackdown Fears
(Hong Kong) -- Macau’s casino stocks were crushed in Hong Kong trading Monday morning amid increasing government scrutiny of money transfers between China and the...

7/16/2017

article Macau confirms border cash declaration trigger is US$15k
(Macau) -- The Macau government confirmed on Monday that soon people entering or leaving the city with cash or other “negotiable monetary instruments” valued...
article Macau Casino Stocks Slump on China Crackdown Fears
(Macau) -- Macau’s casino stocks were crushed in Hong Kong trading Monday morning amid increasing government scrutiny of money transfers between China and the...

7/14/2017

article Macau gambling-related crime numbers up again
(Macau) -- The number of gambling-related crime cases in Macau has jumped for the fourth year in a row with almost 1,000 instances of either loan sharking or illegal...
article Perpetuating the Legend
(Macau) -- With HK$300 million in hand as a deposit for the sale of The Landmark Hotel, and a further HK$160 million on its way in about three weeks time, Macau Legend...
article Ho Chio Meng sentenced to 21 years of imprisonment
(Macau) -- Former chief prosecutor Ho Chio Meng was sentenced to 21 years of imprisonment. After hearing the verdict, Ho screamed “injustice” and that...
article Paying a price for disclosing gambling debt
(Macau) -- The Chairman of Macau Gaming Information Association (MGIA), Charlie Choi Kei Ian, has been found guilty of violating Macau’s privacy laws as well as...

7/13/2017

article Grand Lisboa remains inactive
(Macau) -- A government official revealed to GGRAsia that the suspension of Grand Lisboa Palace is still in place. The now one month halt started after a fatal accident...

7/11/2017

article Grand Lisboa Palace building halt in 4th week: Macau govt
(Macau) -- A suspension of construction work at SJM Holdings Ltd’s new Cotai casino resort Grand Lisboa Palace has entered its fourth week, a government official...

7/10/2017

article Macau to consider revised casino smoking legislation
(Macau) -- Amid criticism that the government is not taking the health concerns of players and casino staff seriously, legislators in Macau are reportedly set to...
article What’s brought the high rollers back to Macau?
(Macau) -- Mass market tourism was supposed to be key to the city’s recovery after it was hit by the slowdown in the Chinese economy. But it is the return of the...

7/9/2017

article Morgan Stanley Upgrades Macau Projections Despite ATM Clampdown
(Macau) -- Morgan Stanley has raised its growth projections for resurgent Macau, despite implementations of restrictions on ATM use this week. On Thursday, the banking...

7/8/2017

article Flamboyant Hong Kong Mogul Stephen Hung Cash-Strapped for Unlucky ‘The 13’ Macau Casino Project
(Macau) -- Perhaps it was an omen for eccentric Hong Kong businessman Stephen Hung when he named his Macau casino project ‘The 13.’ Hung is now in desperate...

7/6/2017

article Instant Analysis: Macau Gambling Revenue Growth Slightly Less Than Expected for June
(Macau) -- What happened? Gamblers in Macau are laying down comparatively more money, but not quite as much as analysts had expected. The enclave's Gaming Inspection...
article Macau halts UnionPay withdrawals at ATMs without ‘Big Brother’ tech
(Macau) -- Authorities in Macau have banned automated teller machine (ATM) operators from offering cash withdrawal services to China UnionPay (CUP) customers if their...

7/5/2017

article Tycoon Stephen Hung’s bet on luxury Macau casino turns sour
(Macau) -- Flamboyant former banker Stephen Hung has bought 30 Rolls-Royce Phantoms painted in “Stephen Red”, sent butlers to Paris for training and hired a...

7/4/2017

article Macau casino revival continues in June despite Xi Jinping visit
(Macau) -- In Macau, June reportedly saw aggregated gross gaming revenues rise for an eleventh consecutive month as the over 30 casinos in the city posted a 25.9%...
article Macau suspends UnionPay withdrawals from non-KYC ATMs
(Macau) -- From today (July 4) holders of mainland China-issued China UnionPay Co Ltd bank cards will only be able to make cash withdrawals with them in Macau at...

7/3/2017

article Late June slowdown blamed for Macau's disappointing gaming revenues
(Macau) -- U.S. casino stocks were under pressure Monday after a miss in Macau's June gaming growth and cautious comments from analysts about the outlook for the...
article Macau casino revenue rises less than expected in June
(Macau) -- Gross gaming revenue (GGR) in Macau reached MOP19.9bn (US$2.5bn) in June, representing a year-on-year growth of 25.9%, according to the city’s Gaming...

7/2/2017

article Macau casino revenue rises less than expected in June
(Macau) -- Macau casino revenue rose at a double-digit pace in June, but at a slower pace than analysts predicted, prompting investors in Hong Kong-listed casino stocks...
article Macau casinos extend winning streak but growth fails to meet analyst targets
(Macau) -- Macau casinos continued their winning streak in June but analysts expressed concerns that regulators could be jeopardizing the casino hub’s recovery.
article Macau Casinos Post 11th Month of Gains on VIP Resurgencei
(Hong Kong) -- Revenues in the world's biggest casino hub of Macau jumped nearly 30 percent in June, posting an 11-month winning streak, as demand from high-roller...

7/1/2017

article Macau Casino Revenue Misses Estimates Amid Tighter Rules
(Macau) -- Casino revenue in Macau missed analyst estimates in June amid concerns of tightening regulation in the world’s biggest gaming hub. Gross gaming receipts...

6/30/2017

article Macau sports betting operator sees revenue fall
(Macau) -- Macau Slot Co Ltd, the only sports betting company in Macau, has reported that during 2016 the company experienced a 14.8 percent fall to US$14.7 million.
article Paradise Entertainment Moves To Acquire Lan Kwai Fong Casino [sub req]
(Macau) -- Consolidation among Macau’s so-called satellite casinos is continuing after casino operator and gaming machine manufacturer Paradise Entertainment...
article Suspicious transaction reports up in Macau by almost 30%
(Macau) -- Reports of suspicious transactions in Macau rose by 28.4% in 2016 according to the local financial watchdog. A report from the Financial Intelligence Office...
article Do electric greyhounds dream of freedom?
(Macau) -- Macau (Yat Yuen) Canidrome Co., the company that operates greyhound racing operations at the Macau Yat Yuen Canidrome, pulled in MOP5 million (US$622,082) in...

6/29/2017

article Lisboa Palace remains suspended
(Macau) -- The Macau casino Grand Lisboa Palace had been suspended over an accident that happened last week. Macau.- A spokeswoman for Macau’s Labour Affairs...
article Macau ATMs Need Face Time Before Payout to Follow the Money
(Macau) -- Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds...
article Macau Hotel With 30 Rolls-Royces And No Guests Seeks Funds
(Macau) -- Luxury builder 13 Holdings Ltd. has a fleet of 30 bespoke Rolls-Royce Phantoms for its hotel project in Macau, but no guests to ride in them. That’s...
article Macau suspicious transactions reports shoot up 28.4% in 2016
(Macau) -- Macau’s number of suspicious transaction reports (STR) rose by more than one-quarter last year, according to the local financial watchdog. Macau’s...
article Not a selfie: Say ‘Cheese’ Next Time You Are at an ATM in Macau
(Macau) -- If you have ever been to Macau, you know how difficult it can be to get cash out from an ATM. If you are lucky to find an ATM that has any Hong Kong dollars...

6/28/2017

article Macau's ATMs Are Using Facial Recognition to Help Follow the Money
(Macau) -- Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds...
article Whiff of dissent as Macau revised smoking bill marches on
(Macau) -- A standing committee of Macau’s Legislative Assembly will submit its opinion next week on a revised draft bill that deals with smoking inside the city...

6/25/2017

article Macau visitors grew 3.7% in May
(Macau) -- Tourists flocking to Macau grew 3.7 percent in May, with visitors from mainland China leading the pack to the former Portuguese enclave.
article Daisy Ho receives 3M share options from SJM Holdings
(Macau) -- Macau casino operator SJM Holdings Ltd. has granted its newly-installed executive director, Daisy Ho, 3 million share options in the company.
article Health Bureau probes Galaxy Macau over possible smoking ban violation
(Macau) -- The government of Macau is looking into reports that the Galaxy Macau casino resort violated the special administrative region’s smoking ban.

6/23/2017

article Good News for Macau as visitors grow by 3.7% in May
(Macau) -- Macau saw an increase in visitors of 3.7% for the month of May according to the DSEC Macau’s Statistics and Census Service compared to the same month in...

6/22/2017

article GameCo Incorporated hoping to enter Macau market by year’s end
(Macau) -- After deploying six of its Video Game Gambling Machines (VGM) innovations at the Foxwoods Resort Casino last month, developer GameCo Incorporated has now...
article Makers of New “Skill Games” Look to Macau for Market Advancement
(Macau) -- After a couple years of buzz about the coming wave of skill games, GameCo, a pioneer in the skill-gaming space, is set to take its slot-video-game hybrids to...
article Skill-based casino games are on their way to Macau’s casinos
(Macau) -- Skill-based games have been big news over the past six months, generating a steady stream of headlines about how they represent the future of gambling and...

6/21/2017

article Macau’s VIP gambling to fizzle in H2, analysts predict
(Macau) -- Looks like the party will soon be over even before things heat up in Macau. Analysts are bracing themselves for a slower VIP gambling market in Macau in the...

6/19/2017

article Macau regulator warns casinos, junkets to observe phone ban
(Macau) -- Macau authorities have warned local casino and junket operators to step up their enforcement of the ban on phone use at gaming tables. On Friday, Macau’...
article 7 Macau Updates as China Cracks Down On VIP Betting
(Macau) -- As Chinese authorities enforce rules that curtail illegal gambling, casino operators' recovery could stall, Wells Fargo says,

6/18/2017

article Macau Declares Its Casinos Safe for Visitors, “Low Risk” for Major Attacks
(Macau) -- Casinos in Macau face little threat of being targeted by a terroristic group or rogue gunman or faction. That’s according to Paulo Chan, director of the...

6/16/2017

article Macau increased casino security
(Macau) -- Paulo Martins Chan, director of the Gaming Inspection and Coordination Bureau (DICJ), local casino regulator, confirmed that six casinos in the city have...

6/14/2017

article Macau Casinos Rock With a 24% Gain in May
(Macau) -- May marked Macau's 10th straight month of higher year-over-year gambling revenue. Not only did the gains exceed analyst expectations, but it was also the...

6/8/2017

article Macau Casino Stocks: Future Winners and Losers
(Macau) -- Macau casino stocks have performed strongly over the past year as a mass market-led recovery in gross gaming revenues played out.

6/5/2017

article You Can See Macau's Soaring Casino Revenue, But Don't Be Blinded
(Macau) -- May casino revenue numbers bear out what I saw during a week in Macau: a comprehensive recovery is in full swing. Cotai and the peninsula are both enjoying...

6/4/2017

article Macau upping security after deadly Manila casino attack
(Macau) -- Macau is to strengthen security at the city’s casino resorts following an attack on a casino hotel in Manila in the Philippines, the Macau government...

6/2/2017

article Casino mogul Ho says Chinese gamblers unhampered by curbs
(Macau) -- Macau casino magnate Lawrence Ho, head of Melco Resorts (MLCO.O), said measures introduced in mainland China and Macau to tackle capital flight were not...
article 'People are starting to let loose': Macau casino mogul says Chinese gamblers are spending big
(Macau) -- Macau casino magnate Lawrence Ho, head of Melco Resorts , said measures introduced in mainland China and Macau to tackle capital flight were not denting...

6/1/2017

article Iao Kun narrows Q1 losses on diversification bet
(Macau) -- Nasdaq-listed junket operator Iao Kun Group Holding Co. Ltd.’s move to diversify away from gambling is apparently paying-off. Iao Kun narrows Q1 losses...
article Macau Casino Revenue Rises for 10th Month in May
(Macau) -- Macau’s casino market has continued its winning ways into May, with revenue rising by 23.7% to $2.83 billion year-on-year, according to the Macau Gaming...
article Macau GDP grows 10% in Q1, gaming and tourism up
(Macau) -- Macau’s gross domestic product (GDP) grew by 10.3% year-on-year in the first quarter of 2017, according to the Statistics and Census Bureau (DSEC).
article 24% Monthly Growth In Macau Gaming Win Pushes Casino Stocks Higher
(Macau) -- Western casino stocks gained momentum Thursday as peers in Macau, the Chinese-controlled gaming mecca, posted their 10th consecutive positive month amid...
article 5 Reasons Why Melco Resorts (MLCO) Stock is Worth Buying
(Macau) -- A tough operating environment in Macau weighed on casino stocks from Jun 2014 to most part of 2016. However, Macau's gambling revenues marked a turnaround...
article Casino stocks rally as Macau's May gaming revenues crush estimates
(Wall Street) -- Casino stocks are posting big wins Thursday on Macau's gross gaming revenue in May sharply beating industry analysts' expectations.

5/31/2017

article Macau casino revenues beat expectations, hit 10-month positive streak
(Macau) -- Revenues in the world's biggest casino hub of Macau jumped 24 percent in May, beating expectations and posting a 10-month winning streak as wealthy...

5/30/2017

article Macau residents gambled more in 2016: study
(Macau) -- The participation rate in gambling among Macau residents reached 51.5 percent in 2016, according to a report published by the Institute for the Study of...

5/26/2017

article Macau Casino Stocks: MGM China Is the Best Bet
(Macau) -- The dip in Macau casino stocks presents a good buying opportunity, but investors need to be careful how they place their bets. Macau’s six largest...

5/25/2017

article Macau: A Magical Mash-Up Well Worth Exploring
(Macau) -- Let’s play Guess-Where-I-Am. It’s teeming with old markets, chock-a-block with Chinese locals and quaint shops peddling a dazzling variety of...

5/23/2017

article Macau sees increase in gaming-related crime
(Macau) -- The rate of gaming-related crime in Macau increased 15% year-on-year in Q1 2017 with a total of 432 suspected cases, according to police data. The Macau...

5/22/2017

article Govt comments on Macau permits unexceptional: academic
(Macau) -- Comments on Friday by Lionel Leong Vai Tac, Macau’s Secretary for Economy and Finance, that a “new tender” would be required at the expiry...
article Macau gaming crime rises 15% thanks to unlawful detentions
(Macau) -- Macau’s crime rate shot upward in the first three months of 2017, in part due to a surge of gamblers trying to pass off counterfeit casino chips as the...

5/21/2017

article Macau casinos cash in again as China’s luxury sector rebounds
(Macau) -- Casino executives in Macau are confident that the slowdown of recent years is behind them amid a broad recovery in luxury goods demand in China.

5/19/2017

article Macau likely to extend SJM, MGM licenses for 2 more years
(Macau) -- Contrary to reports, the government of Macau has yet to decide on how the renewal process for concession licenses in the gambling hub will be handled,...

5/18/2017

article [Herald Interview] Moving toward ‘family friendly’ Macau
(Macau) -- Amid Macau’s gaming revenue comeback this year following three consecutive years of financial blunders, the annual three-day Global Gaming Expo Asia...

5/17/2017

article Macau junkets audit expected by August
(Macau) -- Some of the 40 VIP gambling promoters accounts that have been reviewed by Macau‘s casino regulator so far have proved to have faults, but the severity...
article Macau regulator says cautious on junket licences
(Macau) -- Paulo Martins Chan, the director of Macau’s Gaming Inspection and Coordination Bureau, says the regulator is being cautious in the way it approves...

5/16/2017

article Macau looks to new future of non-gaming amenities
(Macau) -- An industry that once relied heavily on attracting high-rollers and VIP guests, Asia’s city of sin is looking to a new future of non-gambling amenities...

5/14/2017

article What is proxy betting and why is it banned?
(Macau) -- What is proxy betting? Proxy betting, remote betting, telebetting or telephone betting can be loosely understood as when one person outside the casino gives...

5/11/2017

article UnionPay ATM changes might hit casino rev: Macau govt
(Macau) -- Macau’s Secretary for Economy and Finance, Lionel Leong Vai Tac (pictured), has admitted that the city’s casino earnings might be negatively...

5/10/2017

article Macau casinos warned to stay clear of legislative election
(Macau) -- Macau’s Electoral Affairs Commission for the 2017 Legislative Assembly Election has warned the local casino operators not to intervene in the upcoming...

5/9/2017

article Pansy Ho urges Melco to look to Singapore for diversification
(Macau) -- Billionaire businesswoman Pansy Ho says her family’s Asian-based gaming companies should increasingly look to diversify given mainland China’s...
article Top China official urges economic diversification for Macau gaming hub
(Macau) -- China's number three official Zhang Dejiang emphasised the need for Macau, the world's largest gambling hub, to diversify its economy as he arrived on...

5/8/2017

article Macau launches facial recognition checks at ATMs
(Macau) -- Casino hub Macau said Monday it would launch facial recognition and identity card checks on ATM users in what looks to be the latest move against illicit cash...
article Macau proposes new ATM curbs to tackle Chinese capital flight
(Macau) -- Macau is tightening restrictions on the use of ATM cards by mainland Chinese customers as the casino enclave confronts fears that it is being used as a hub...
article Macau to require facial scans at ATMs in Chinese casino hub
(Hong Kong) -- Taking security to a new level, Macau is stepping up security checks at ATMs in the Asian gambling hub by requiring facial scans and ID card verification...

5/7/2017

article Macau Says to Monitor ATM Withdrawals as Casino Revenues Rebound
(Hong Kong) -- Macau plans to add security features to ATMs to monitor withdrawals, authorities in the world's largest gambling hub said as the Chinese territory...

5/5/2017

article Macau keeps gambling on gambling
(Macau) -- The Chinese gambling enclave of Macau has been going gangbusters of late, with gambling revenue rising for a ninth straight month in April.

5/4/2017

article Galaxy Entertainment revenue up 5.2% in Q1 2017
(Macau) -- Galaxy Entertainment, which operates casinos in Macau, has reported a 5.2% increase in gross revenue for the first quarter of 2017. In its quarterly filings...

5/2/2017

article Melco's Billionaire Ho Sees Macau Gaming Returning to Peak
(Macau) -- Macau, the world’s largest gaming center, will return to its peak within the next five years, said Melco Resorts & Entertainment Ltd.’s...

5/1/2017

article Macau gambling revenue rises 16.3 percent in April
(Macau) -- Revenue at the world's biggest casino hub of Macau rose 16.3 percent in April, as new resorts helped draw high rollers and casual gamblers to the country...
article Melco Resort's Ho Makes the Case for a Recovery in Macau
(Macau) -- Melco Resorts Chairman and CEO Lawrence Ho discusses his outlook for the gambling and casino industry in Macau. He speaks on "Bloomberg Daybreak: Asia...
article U.S. casino stocks with Macau exposure rally after Macau revenue beats
(Macau) -- Wynn Resorts stock is up more than 3 percent intraday after Macau's April casino gross gaming revenue rose 16.3 percent, ahead of analysts' consensus...

4/30/2017

article Macau gambling revenue rises more than 16pct in April
(Macau) -- Revenue at the world's biggest casino hub of Macau rose 16.3 percent in April, as new resorts helped draw high rollers and casual gamblers to the country...

4/29/2017

article Macau Casino Cell Phone Ban Still Ignored by Many Gamblers, Profitable Proxy Betting Continues
(Macau) -- One year after Macau issued a dictum barring the use of cell phones in the Chinese gambling enclave’s casinos, players continue to access their mobile...

4/28/2017

article Labor organizations seek more representation in gaming
(Macau) -- Just ahead of the Labour Day holiday, the Conselho Permanente de Concertação Social (Permanent Council for Social Dialogue), or CPCS, is facing criticism for...

4/23/2017

article Macau Junket Operators Being Audited by Local Regulators
(Macau) -- Macau junket operators that bring VIP and high rollers to the special Chinese gambling enclave are being audited by local regulators who are inspecting the...

4/20/2017

article Macau casino GGR to expand 12 pct in 2017: Fitch
(Macau) -- Fitch Ratings Inc is forecasting that Macau gaming revenues will grow by 12 percent year-on-year in 2017. First-quarter growth in casino gross gaming revenue...

4/18/2017

article Macau VIP grows double the speed of mass in 1Q 2017: govt
(Macau) -- Casino gross gaming revenue (GGR) in Macau’s VIP segment expanded by 16.8 percent year-on-year in the first quarter of 2017, according to data released...

4/16/2017

article Macau police hold seven over WeChat operation to take bets on casino games
(Macau) -- Macau police have broken up a multi-million dollar racket in which high-stakes gamblers placed remote real-time bets at the VIP tables of casinos using WeChat...

4/14/2017

article “WeChat” Betting Operation Busted in Macau
(Macau) -- Seven Chinese nationals have been arrested in Macau, accused of operating a highly unusual illegal betting ring involving high stakes baccarat and the Chinese...

4/13/2017

article Macau premium mass growth in 1Q likely 11pct: DB
(Macau) -- Macau’s casino industry is likely to have been strong in the premium mass sector in the first quarter of 2017, says Deutsche Bank Securities Inc. It...

4/12/2017

article Investors place their bets on a Macau turnaround
(Macau) -- Investors are doubling down on Macau casino stocks as the gambling enclave shows signs of a turnaround after reporting gaming revenues grew at the fastest...

4/11/2017

article Macau stocks at highest since Aug 2015: BI index
(Macau) -- The stocks of Macau’s casino operators are at their highest level since August 2015, according to the Bloomberg Intelligence Macau China Gaming Market...

4/10/2017

article DOI Got Casino Land Ruling Right, Calif. Tribe Tells DC Circ. [sub req]
(California) -- The Mechoopda Indian Tribe pressed the D.C. Circuit on Friday to uphold a lower court ruling backing the U.S. Department of the Interior's decision...
article Macau casino stocks in highest level since 2015
(Macau) -- Macau casino stocks are making a comeback since President Xi Jinping launched his anti-corruption campaign. Macau casino stocks in highest level since...
article Macau taxes on gaming up 5pct as of February
(Macau) -- Taxes on gaming accounted for 83.4 percent of all Macau government revenue in the first two months of 2017, according to data issued by the Financial Services...
article Vice stocks are back on top as anti-graft impact fades
(Macau) -- Industries that suffered under President Xi Jinping’s anti-corruption campaign are thriving again. Shares of Macau casino operators have clawed their...
article Macau losing out to casino cruise ships with Hong Kong gamblers
(Macau) -- In Hong Kong, a new government study has reportedly found that gamblers in the former British colony are spending more with the casino cruise ships that leave...

4/9/2017

article Casino hub Macau seeks to draw tourists
(Macau) -- Overseas visitors are an increasingly common sight in China's gambling territory of Macau, which is trying to diversify an economic model that has...

4/7/2017

article Macau’s Luck Is Improving
(Macau) -- Things are looking up for Macau’s gaming industry thanks to high rollers and the government’s easing stance on a casino smoking ban.

4/6/2017

article Imperial Pacific VIP roll picks up again in March
(Macau) -- March’s unaudited VIP gambling rolling chip volume rose 57.1 percent year-on-year at Imperial Pacific International Holdings Ltd’s temporary...
article Macau is second choice for Hong Kong gamblers
(Macau) -- A recent study on the gambling activities of Hong Kong residents has shown that Macau’s integrated resorts are the second choice for inhabitants of the...

4/4/2017

article Macau Casino Revenue Heats Up in March, Stocks Also Benefit
(Macau) -- Macau casino revenue surged in March to more than $2.65 billion, an 18.1 percent increase on the same month in 2016. Gambling operators pulled in 21.23...

4/3/2017

article Casino gambling revenue in Macau rises by 18.1% in March
(Macau) -- March 2017 was the eighth consecutive month to post an increase in gross revenue from Macau’s casinos with 21.232 billion patacas (US$2.654 billion) and...
article Macau Gaming Revenue Grows 18 Percent In March
(Macau) -- Have high-stakes gamblers returned? Macau casinos had one of their best months in recent memory, winning $2.6 billion from gamblers in March. That was an 18...

4/2/2017

article Casino revenue maintains growth momentum as bettors return
(Macau) -- Macau’s casino revenue growth in March accelerated at the fastest pace in eight months, as both high rollers and leisure gamblers return to the world...

4/1/2017

article China’s casino hub Macau gambling revenue rises 18 pct in March
(Hong Kong) -- Revenues from gambling in Macau rose 18 percent in March, beating expectations and posting an eighth consecutive monthly increase as wealthy gamblers took...
article Macau casino GGR up 18pct March, 13pct 1Q: govt
(Macau) -- Casino gross gaming revenue (GGR) in Macau rose by 18.1 percent year-on-year in March, to MOP21.23 billion (US$2.65 billion), according to data from the city...

3/31/2017

article Nomura lifts Macau 2017 growth forecast by 50 pct
(Macau) -- Japanese brokerage Nomura is lifting its year-on-year growth estimates for 2017 Macau casino gross gaming revenue (GGR) by half – a hefty four...

3/29/2017

article Macau works hard to attract non-casino tourists
(Macau) -- Overseas visitors are an increasingly common sight in China’s gambling territory of Macau which is trying to diversify an economic model that has...

3/27/2017

article Casino luck centre stage via strong Macau VIP: analysts
(Macau) -- Several investment analysts are forecasting year-on-year growth of between 12 percent and 16 percent in Macau’s March casino gross gaming revenue (GGR...
article Millennial-style video gaming could be next casino offering
(Macau) -- A new form of gaming might be poised to enter Macau’s casinos in the near future, blending traditional video gaming with betting opportunities.

3/26/2017

article Galaxy Macau 3, 4 to be largely non-gaming: chairman
(Macau) -- “Virtually all” floor areas in Galaxy Macau Phases 3 and 4 will be given over to non-gaming facilities, said the chairman of Macau casino operator...
article Macau Casino Gaming Market Expected To Grow At CAGR Of (3.47)% Between Years 2014-2019
(Macau) -- A casino hosts various types of gambling activities. Today, they house hotels, restaurants, shopping malls, and various other tourist attractions, and can be...

3/18/2017

article "Macau has the best players in the world" - Jake Cody
(Macau) -- We talk to the Triple Crown winner about Macau, his YouTube channel, sponsorship and the PokerStars Championship.
article A safe bet? Macau renaissance after mass market win
(Macau) -- The mood in Macau is buoyant once again. Gaming figures that tanked for more than two years after being hit by an ongoing Beijing corruption crackdown are up...

3/17/2017

article A safe bet? Macau sees renaissance after mass market win
(Macau) -- The mood in Macau is buoyant once again. Gaming figures that tanked for more than two years after being hit by an ongoing Beijing corruption crackdown are up...

3/15/2017

article AL Committee votes in favor of smoking lounges in Macau casinos
(Macau) -- The Law on Prevention and Control of Tobacco Smoke and possible exceptions to the smoking ban in Macau casinos were the topics of discussion at the 10th...

3/14/2017

article Macau GGR expected to moderate in March
(Macau) -- Buckingham Research Group released a report where it’s detailed that the financial results won’t be as good as they were last month. Gross gaming...
article Macau tracking 9pct plus GGR growth March: analysts
(Macau) -- Macau’s casino gross gaming revenue (GGR) for March is likely to grow year-on-year by between 9 percent and 15 percent, according to a selection of...
article Macau Casinos, Health Bureau Try to Find Common Ground on Smoking Lounge Issues
(Macau) -- Macau’s Health Bureau wants to reduce the harmful effects of cigarette smoke on patrons and employees inside casinos, and the agency’s public...

3/11/2017

article House always wins: the dark side of life in Macao’s casino economy
(Macau) -- She paid a smuggler and was tucked into the hold of a ship for the overnight boat ride away from extreme poverty and a dead-end life in rural China. But on...

3/8/2017

article Galaxy Ent announces salary increase effective April
(Macau) -- Macau casino operator Galaxy Entertainment Group Ltd announced on Wednesday a salary increase for its staff. The pay rise will be effective from April, the...
article Macau benefiting from China VIP recovery
(Macau) -- China’s economy is seeing renewed strength in premium activity, driving demand for luxury cars and VIP gaming in Macau, though longer term the outlook...
article Number of Macau casino dealers lowest in 3 years
(Macau) -- Macau’s gaming industry recorded a decline of 580 casino dealers in calendar year 2016, official data show. That was despite the opening of two new...

3/7/2017

article Macau gaming industry has turned a corner: Grant Bowie
(Macau) -- The chief executive of Macau-based casino operator MGM China Holdings Ltd, Grant Bowie, says the city’s gaming industry has turned a corner and...
article Macau gambler scams $100k from bogus VIP room investment
(Macau) -- Two Singaporean investors have learned the hard lesson that, when it comes to investing in Macau casino VIP gaming rooms, the rule is ‘trust, but verify...
article Singaporeans attracted to scam on VIP room investment
(Macau) -- Two female Singaporeans were victims of a scam in an alleged investment scheme in a Macau VIP room, the Judiciary Police (PJ) stated during a press conference...

3/6/2017

article SJM, MPEL bosses flag positive 2017 Macau GGR trend
(Macau) -- The respective bosses of Macau casino operators SJM Holdings Ltd and Melco Crown Entertainment Ltd expect the city’s gaming sector to see positive...
article Macau may benefit from China travel curbs: Sterne Agee
(Macau) -- Macau may benefit from a March 3 decision by Beijing to restrict travel to South Korea, Sterne Agee said in a note. South Korea accounts for 6 percent of...
article Majority in favor of smoking ban: New survey
(Macau) -- Around 68.7 percent of respondents to a new survey by the Macau Gaming Enterprises Staff Association have expressed their desire to work in smoke free casinos...

3/5/2017

article Macau’s regional challengers up their casino game
(Macau) -- Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4bn casino...

3/3/2017

article Macau Casino Revenue Up 18 Percent Last Month
(Macau) -- The Macau casino industry just had its best month in more than two years. Casinos in the special administrative region of China won a combined $2.88 billion...
article Who’ll have the high hand after Macau’s casino-license shuffle?
(Macau) -- An expiration date is looming for the biggest slot machine in the world. Macau casinos have been the investment opportunity of a generation. Cracked open to...

3/1/2017

article Macau's regional challengers up their casino game
(Philippines) -- Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4...
article Macau gross revenue grows to highest level in 2 years
(Macau) -- Macau gross gaming revenue surged 18 percent in February to the highest level in more than two years, easing concerns that the rebound on the Chinese island...

2/28/2017

article Macau signals rebound as gambling revenues hit 2-year high in February
(Macau) -- Macau's gambling revenue rose for a seventh month and hit a two-year high in February, in the strongest signal yet the casino hub was firmly on its path...

2/27/2017

article Legend Palace Hotel opens with 66 live-dealer gaming tables
(Macau) -- In Macau, casino operator Macau Legend Development Limited has opened its new 223-room Legend Palace Hotel development in the city’s Fisherman’s...
article Macau reports rise in January gaming tax revenues
(Macau) -- In Macau, the government has reportedly revealed that it raked in $913.26 million in taxes from gambling last month, which was a 7.7% increase year-on-year,...

2/26/2017

article Journey To The New Macau Needs More Than Improved Transportation
(Macau) -- Macau’s future is arriving by train, plane, bridge and ferry. A series of reports from boutique investment bank Sanford Bernstein suggest that ongoing...
article Macau lifted by Chinese high rollers flush from home prices
(Macau) -- Chinese high rollers are pulling Macau out of its doldrums, helping reverse the gambling Mecca's two-year slump with cash created by soaring real estate...

2/24/2017

article Macau government counters criticism on casino smoking ban stance
(Macau) -- In Macau, the government has reportedly rejected allegations that it intends to bow to pressure from casino operators and keep smoker-friendly lounges while...

2/23/2017

article Billionaire Casino Owner Lawrence Ho Has The Opportunity Of A Lifetime
(Macau) -- For Melco Crown Entertainment Chairman and CEO Lawrence Ho, the year of the rooster presents great opportunities and great dangers. He’s a rare Hong...
article Kapok | Smoking gun
(Macau) -- Is it me or are we being treated worse than headless chickens with tar-filled lungs? An opinion survey on to smoke or not to smoke in casinos conducted by the...

2/21/2017

article China paranoia will continue to hammer Macau
(Macau) -- Never underestimate Chinese paranoia. The degree to which the Chinese government can shoot itself in the foot has no bounds. Give them a reason to be paranoid...
article Macau not kneeling to casinos on smoking: Chief Executive
(Macau) -- Macau’s Chief Executive, Fernando Chui Sai On, said on Wednesday he was not aware of any final decision regarding a proposal to retain smoking lounges...
article Tourism boom already driving Macau growth, Nomura
(Macau) -- Casino giants are starting to benefit from stable growth in Macau’s tourist numbers, as the gaming industry increasingly depends on casual gamblers...

2/20/2017

article Casino CEO Says RV Park Is Part Of “Continuing Commitment” To Rising Sun
(Indiana) -- The owner of Rising Star Casino in Rising Sun says it will continue to invest in the southeastern Indiana riverboat. Full House Resorts on Friday issued an...
article Chinese high rollers make a comeback in Macau
(Macau) -- Reports coming out of Macau show that high rollers seem to have bounced back from a crackdown introduced by Chinese President Xi Jinping in his desire to...
article Gaming – Threat from the East
(Macau) -- Macau still stands unchallenged as the world’s gaming leviathan. Even after a 26-month-long recession in the city’s dominant industry that only...
article Legend Palace Hotel to open in Macau from next week
(Macau) -- In Macau, the boss for Macau Legend Development Limited has reportedly revealed that his firm intends to open its new Legend Palace Hotel complete with a...

2/19/2017

article Casino hotel Legend Palace opening Macau Feb 27: CEO
(Macau) -- Casino hotel Legend Palace – the latest property from Hong Kong-listed casino services firm Macau Legend Development Ltd – is to open on February...
article Chinese high rollers back to Macau as graft crackdown slows
(Macau) -- China’s gamblers are flocking back to the world’s gaming hub on the country’s doorstep, as high-stakes gamers have had time to absorb the...
article Macau casino GGR 6pct compound growth to 2019: report
(Macau) -- Macau is likely to record an overall 6 percent compound annual growth rate in casino gross gaming revenue (GGR) in 2017 to 2019 inclusive – with the...
article Macau Casinos Get Reprieve on Indoor Smoking Ban
(Macau) -- The Macau government is easing its position on smoking inside casinos, and that’s much-welcomed news to resort operators who are desperately trying to...

2/18/2017

article Death by Selfie: How Kim Jong-nam’s Facebook ‘Casino Selfies’ May Have Done Him In
(Macau) -- As the shocking facts of the murder of Kim Jong-nam, the half-brother of North Korean dictator Kim Jong Un, continue to unfold, it’s looking more and...
article Macau Casino Stocks Look for Recovery After Losing $146 Billion
(Macau) -- From Bloomberg to Barron’s, market commentators are issuing stern warnings on the overall health of the Macau gaming and hospitality sectors. Multiple...
article Warning Signs Are Flashing for Macau Casino Stocks - Again
(Macau) -- The last time investors were this optimistic about Macau casino stocks, it didn’t end well. Back then, in 2014, bulls misread a Chinese anti-corruption...

2/17/2017

article Sands China gambling revenue drops, The Parisian rakes in US$353m
(Macau) -- Sands China (1928) said casino revenues for the year ended December 31, 2016 dropped by 2.8 percent to US$5.57 billion, compared with US$5.74 billion for the...

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