Vera T. August 5, 2015 12:04:01
A huge slump in Macau income has been reported lately. Predictions for the gambling Mecca’s future aren’t optimistic. According to Bloomberg Business, ever since last year’s June, the revenue of the world’s largest, most exotic gambling hub has been subpar. Not long ago, Macau’s Gaming Inspection and Coordination Bureau released the report holding the worrying […]
Toni June 1, 2015 12:27:53
In light of recent political developments in China, some potential investors are less confident in casino business. Macau is the hotspot for gamblers that come from all around the world. However, the biggest players that can drop millions without ever batting an eye are the ones right next door. They are the high-rollers from China […]
Phyllis F. January 8, 2015 17:09:51
Table hunts, additional rooms and anti-corruption campaign to influence casino openings in Asia in 2015 Two new Macau casino resorts, Galaxy Entertainment Group Ltd’s Galaxy Macau Phase 2 and Melco Crown Entertainment Ltd’s majority-owned Studio City are scheduled to open in 2015, both on Cotai. Also scheduled for a 2015 opening is a casino resort […]
Chinese tourists are shying away from politically explosive Hong Kong, while Macau casinos welcome them with open arms. For the past two week protesters have poured into the streets of Hong Kong demanding the right to free and transparent elections. China and Hong Kong are held together by a “one country, two systems” concept in […]
Monica E. June 27, 2014 18:23:40
Officials felt a new set of regulations was needed to better control the cash flow in the world’s largest gambling hub. Luxury casinos and hotels, special tables for high-rollers and everything a true gambler’s heart could desire. Over the past few years, Macau has drawn a record number of players from all over the world […]
Most associate Asia’s burgeoning casino market with wealthy high-rollers, but the data shows that future growth will come from mass market gamblers and vacationers. Asia’s burgeoning casino infrastructure is treated in the gambling news as a “haven for high-rollers.” Junkets transport fabulously wealthy businessmen from across the continent into luxurious casinos in Macau and Singapore. […]
Staff March 21, 2014 12:33:10
Galaxy Entertainment has unveiled plans for $1.6bn casino-less resort to be built on the up-coming Chinese Hengqin Island, which is going under major redevelopment. The Island, which is located just offshore to the thriving Chinese gambling region of Macau, is being groomed by the Chinese to become an exciting tourist destination; although there won’t be […]
Alex Nevsky March 5, 2014 16:23:45
Macau casinos are trying to break away from their long-term partners, junket companies, in order to maximize profits. It seems that all big Macau casinos are still going after the VIP buck, but they now try to pursue the high-rollers outside the junket systems. Let’s take a look at the history and understand the latest […]
Iva P. February 24, 2014 16:00:27
Junket operators in Macau are having hard time at the moment, as casino giants are trying to do all the work by themselves, and avoid paying the middlemen commissions. Macau gambling had provoked disagreements in the past, which were resolved in violent gun fights and unfortunately currently there is a conflict of interests again, which […]
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