Ben Lee suggests that Macau might switch over its local economy, including its massive casinos, away from the Pataca or Hong Kong Dollar to the Digital Yuan. He sees this as an “elegant solution” for many of Macau’s economic challenges, and one...
China’s clampdown on online gaming to stop capital outflows is having a negative impact on liquidity in Macau’s VIP sector, Reuters reports.
The home department has reportedly redrafted some of Goa's casino laws similar to those in Macau, local media reports. The state home department has r
Macau casino stocks' 21 percent rally in July evaporated and reversed into a 40 percent plunge to new lows by September's end, according to Bloomberg
Visitor arrivals to Macau totalled 2.6 million in July, up by 17.8 percent month-on-month but down by 3.8 percent year-on-year. Visitors from Mainland
Sterne Agee said that June mass revenue was down 33.3 percent, its worst year-on-year decline in history, while VIP rolling chip volume was down 52.5
The Gaming Inspection and Coordination Bureau (DICJ) has urged internet users to be aware of illegal gambling sites that have been using the departmen
Paradise Entertainment Ltd, a casino service and equipment provider, posted a 15.7 percent increase in revenue for 2014 but a sharp decrease in profit
MGM China CEO Grant Bowie says the gaming market will gradually stabilize despite 10 months of consecutive revenue declines, and that the public need
Deutsche Bank has revised down its revenue forecasts for the 2Q15 and the entire year, projecting gross gaming revenue will fall to 32.9 percent and 2
Iao Kun Group Holding, a junket room operator, reported it swung to a Q4 profit as revenue increased and expenses fell. The company posted a net profi
Macau received 31.5 million visitors last year, up 7.5 percent on the year before, according to the South China Morning Post citing official tourism
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