Articles About Macau casinos

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5 Mind-Blowing Things You Didn’t Know About Famous Casino Owners

5 Mind-Blowing Things You Didn’t Know About Famous Casino Owners

Olena May 4, 2020 10:00:48

Making billions of dollars rarely goes like clockwork. That is why almost all luxury casino & resort owners have skeletons in their closets. We have collected interesting facts about five business magnates in the gambling industry and you will definitely find familiar faces on this list. What they will be remembered for except for being famous casino owners?

Macau’s Slow Sink

Macau’s Slow Sink

Vera T. July 10, 2015 05:39:30

Macau has become the synonym of luxury casinos in China, but revenues aren’t looking all that good… The only location in China where people can gamble, Macau has quickly gained – and kept – its vogue status in the gaming community. Poker winners enjoy the exotic city that has been the subject of praising gambling […]

Macau’s Hardships Continue, Despite New Plans to Reinvigorate the Economy (Part II)

Macau’s Hardships Continue, Despite New Plans to Reinvigorate the Economy (Part II)

Toni June 4, 2015 03:20:51

In Part I GamingZion took a look at the current developments surrounding the prominent gaming hub of Macau, and in Part II we will explore more of that story. Junkets are the problem for Macau’s financial downturn in recent times, mobile casinos report. Through them, high rollers would borrow money so they would have the […]

Gambling in South-East Asia Poses Some Risks

Gambling in South-East Asia Poses Some Risks

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 […]

Macau’s Love for Baccarat Makes Diversity a Challenge

Macau’s Love for Baccarat Makes Diversity a Challenge

Frederick H. January 13, 2015 10:39:45

Macau casinos have trouble diversifying their games because of gamblers love for baccarat, lower casino revenues and government crackdowns on illicit cash movement. As seen throughout the World, gaming in Macau has taken quite a blow lately. In order to survive, Macau desperately needs to diversity their casinos. The main challenge in this lies in […]

The week in pictures: October 28th – November 3rd, 2014

The week in pictures: October 28th – November 3rd, 2014

Nich Moore November 4, 2014 17:11:36

It’s been another bumper week of events around the world from the very down to earth to the almost, but not quite, stratospheric, let’s take a look at them It was a sad week in South Africa where tens of thousands of football fans gathered to mourn the brutal murder of their national team’s captain, […]

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Monica E. August 6, 2014 09:05:55

Recent measures to combat corruption backfire, as Macau revenues drop without mainland gamblers. It’s been a month since the new restrictions on UnionPay machines in jewelry shops came into effect in Macau. Authorities are keeping their eyes out for signs money laundering in casinos. The world’s largest gambling hub is under tight scrutiny. Macau officials […]

New Rules in Macau: Jewelry and Watch Retailers Banned from Card Devices

New Rules in Macau: Jewelry and Watch Retailers Banned from Card Devices

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 […]

Galaxy Entertainment Group Shares Slow Down at the Hong Kong Stock Market

Galaxy Entertainment Group Shares Slow Down at the Hong Kong Stock Market

Toni June 9, 2014 12:54:35

Despite an overall increase in revenue in Macau casinos last month, shares still decreased at the Hong Kong stock exchange. Macau casinos show bad result at the stock exchange, following inconsistency with analysts’ predictions with the revenue growth. Aaron Fischer, head of consumer research at CLSA Ltd. expressed his disappointment with the recent results at […]

Casinos in Macau Slated for a Change in the Way Gambling is Handled

Casinos in Macau Slated for a Change in the Way Gambling is Handled

Toni May 14, 2014 14:54:56

Mass market gamblers overtake junket operators in Macau, as they prefer to handle their own funds and casino preferences. Macau usually relied on high rollers to gamble in their casinos by way of “junket operators.” These middle men would usually organize trips and facilitate casino games for a certain commission from the casinos in questions. […]