Tuesday, September 27, 2022


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Plans submitted for Macau “Nasdaq”


A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.

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Early resolution to HK protests unlikely: Vickers


The increasingly violent protests in Hong Kong, which is beginning to have an impact on Macau’s gross gambling revenue, are not likely to end anytime soon in the absence of visible dialogue to find a solution, according to a leading risk consultancy.

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China statement a warning to junkets: Bernstein


China’s statement on online gambling in Manila could be seen as a warning to junkets and online gaming operations about gambling outside of Macau, Bernstein analysts wrote in a note.

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China does U-turn on South Korea tours


China appears to have renewed its ban on travel groups to South Korea, dealing a further blow to the country’s tourism industry. According to South

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Concession clarity lacking as deadline approaches


In just three years, the first of the licenses awarded to Macau’s concessionaires expire and, despite the billions of dollars invested by the operators in the market, there is still no clarity over the renewal process. There is no mechanism under the...

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Outlook improves, but China remains in driver’s seat


Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators. Beijing’s crackdown...

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Macau chief executive concludes meeting with Beijing


Macau chief executive, Mr Chui Sai On said the government has received valuable contributions from mainland officials regarding Macau’s Five-Year De

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US Court rules that Suen assisted LVS obtain license


The Nevada Supreme Court has ruled that meetings with Chinese government officials helped Las Vegas Sands secure a casino concession in Macau, TDM rep

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China warns on bad behavior


China’s National Tourism Administration has warned its citizens against bad behavior when travelling overseas, with gambling listed as one of the ni

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Taiwan elections are a negative for gambling prospects, Union Gaming


Taiwan has elected a new president, Tsai Ing-Wen of the the nationalist Democratic Progressive Party (DPP), which will also be in control of the legis

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Blanket smoking ban still likely despite opposition


The Macau government said it will remain resolute in its decision to implement a blanket smoking ban in casinos despite facing pressure from gaming op

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