Macau’s operators have stepped up their corporate social responsibility (CSR) efforts in recent years, in particular when it comes to China cultural cooperation, which may help their case when it comes to concession renewal.
At the time of its handover to China in 1999, Macau’s transition from a colonial outpost to a semi-autonomous global gaming powerhouse was far from assured.
The 1999 handover and casino liberalization policy put in place a new phase of development for Macau. All six casino licenses are soon set to expire and once the retendering process has been enacted, Macau will enter a crucial next phase.
Singapore’s two integrated resorts will cast a longer reflection on the island state but new shadows cloud the horizon across the southern shoreline.
Bloomberry Resorts Corporation, owner and operator of the Solaire Resort & Casino, is looking north for future expansion. Its latest casino ven
Glenn McCartney, professor at the University of Macau says that tourism development should become a key criteria in the upcoming race for gaming conce
MGM Cotai, which is set to open in the fourth quarter of 2017, will include a first-of-its-kind dynamic theatre, called MGM Theatre, according to a co
Andy Choy, property president of Altira Macau and Mocha Clubs plans to revamp the food and beverage offerings at the property and will be re-positioni
While the Macau market still has plenty more to give, operators are starting to look elsewhere for future growth potential
Kangwon Land posted a 9 percent drop in 17Q1 profit as gaming revenue declined. The South Korean operator, which runs the only casino in the country a
Travellers International Hotel Group, the operator of Resorts World Manila in the Philippines, reported higher revenue and EBITDA for 2016, driven by
Retail sales in Macau reached their highest value of the year in the fourth quarter of 2016, according to data from the Statistics and Census Bureau (
Chinese Premier Li Keqiang praised Macau’s efforts to diversify its economy during a three-day visit last year, but market experts say operators are still trying to get the recipe right when it comes to non-gaming attractions and face an uphill struggle....
Secretary for Economy and Finance Lionel Leong says the government is optimistic about reaching its MOP 200 billion ($25 billion) GGR goal for 2016. T
U.S. tribal operator Mohegan Sun says design and permitting for its $5 billion integrated resort in South Korea is proceeding at a rapid pace, and the project is currently on schedule to break ground in 2017 and open in early 2020.
Director of the Macau Gaming Inspection and Coordination Bureau, Paulo Martins Chan, will be a keynote speaker at the MGS Entertainment Summit 2016. T
China’s theme park industry is set to become the world’s largest by 2020, say analysts quoted in an article run by South China Morning Post. “Th
Macau’s tourism authorities are aiming for 4-5 million international visitors in the coming decade, with a 66 percent increase of non-Chinese touris
U.S. tribal operators are increasingly tailoring their offerings towards the Asian market to attract both local ethnic communities and the increasingly adventurous Asian millennial, who may be willing to travel beyond Las Vegas and other traditional...
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