Eniko May 24, 2022 19:41:51
Casinos are the most popular gambling places in the world, attracting tourists, and amateur and professional gamblers alike. As we know, size doesn’t matter, but the following iconic places thought otherwise. So they all come with huge casino floors in multi-story buildings, offering all kinds of entertainment for every member of the family. Let’s find out more about the largest casinos in the world.
Petar September 4, 2015 13:58:35
An important side effect of the closing of VIP casinos in Macau will be the unemployment in the region. It has already been widely written about the decline of the economic development of Macau, a former Portuguese colony and special administrative region in the south eastern part of China. Although only a few years ago […]
Frederick H. August 13, 2015 12:23:34
The world’s biggest casinos highlight gambling’s most massive venues The massive economic recession that infected global commerce also had repercussions in the entire gambling industry. In an effort to create more revenue within the US, more states were getting approval to construct casinos. The internet has provided added competition for casinos. Online and mobile casinos […]
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 […]
Macau casino revenue has declined for five straight months. While politics on the mainland are partially to blame, casinos should update their business model. Macau is far away the preferred destination for gamblers, with annual casino revenue lapping Las Vegas several times over ($45 billion to $6.2 billion) in 2013. Shimmering mega-casinos like the Venetian […]
Singapore has a smaller gambling market than Macau or Las Vegas but it’s casinos see higher profit margins. Why? A diverse business model. The global casino industry is usually thought of as a tale of two cities: Macau and Las Vegas. Vegas has the near-century of tradition and an army of casino executives with the […]
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 […]
Casino revenues in Macau have dipped sharply in August and September, but the city’s wealthiest casino operator is betting on a quick recovery. The coastal enclave of Macau is a special administrative region in the People’s Republic of China. It’s almost completely self-governed and exempt from Chinese gambling laws, but its massive casino industry hangs […]
Monica E. September 25, 2014 17:50:18
Wynn is not concerned about some experts’ worrying projections that Macau gambling profits will keep dropping. Experts have observed that, as orders from the mainland and Macanese gambling laws are becoming more strict, revenues have fallen for three consecutive months now. But when asked whether he was feeling his Asian casino kingdom shake, casino billionaire […]
Monica E. September 12, 2014 09:08:03
While casino employees continue to protest, Fernando Chui Sai-on was chosen for a second term as head of Macau’s government. Winning Macau’s top post was certainly no challenge for Fernando Chui Sai-on, who had no opponent. Some locals are suggesting it was a fixed political match, where the entire process was controlled by Beijing to […]
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 […]
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 […]
Toni May 31, 2014 03:32:23
Mass market seems to be on the rise in the special region of Macau, considering the recent shift from VIP gaming to mass market. The current trend highlights that mass market gambling is far more popular than VIP play, as it accounts for nearly 40% of the total gambling revenue. Gambling news indicate that one […]
Tom S. May 12, 2014 15:20:02
2014 may not turn out to be the best year for Macau’s casino operators as they look to capitalise on a strong 2013. While growth in the industry itself remains strong, the share prices of a Macau’s major players all took a nosedive as the Chinese and Macanese authorities clamped down on potential money laundering. […]
Premium mass-market gamblers are perfect for casinos because they wage large amounts without demanding comps from the house. Melco Crown, the Macau casino venture of Australian billionaire James Packer and local Lawrence Ho beat revenue estimates for the first-quarter of 2014, pulling in pre-tax revenue of $387.5 million. While Macau poker rooms and casinos are […]
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. […]
Macau casinos are raking in skyrocketing revenues. At the same time, croupiers face abuse and are more unhappy than ever. Will the industry take steps to better care for its employees? Since deregulating in 2006 the casino industry in Macau has exploded. In 2013 the city’s casinos pulled in a collective $45 billion in revenue, […]
Casinos are facing a shortage as fewer locals are willing to work in this thankless profession. Macau’s casino industry has made gambling news by becoming the world’s foremost gambling hub, taking in $45 billion in revenue in 2013. Massive developments like the Wynn Macau and Sands Macau have popped up in recent years, employing thousands […]
Rab April 3, 2014 14:53:13
Kazuo Okada is an interesting man; he’s very well respected and experienced in the gambling and casino industry, oh and he’s also the twentieth richest man in Japan. Kazuo Okada, and his company the Okada Group, have been featured numerous times in gambling news. recently due to his disputed termination of a contractual agreement with […]
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 […]
Monica E. February 20, 2014 14:11:32
Profit growth for Macau’s casino resorts has slowed down significantly, causing stocks to plummet. With Macau’s casino gambling industry and property developers showing signs of a slowdown, Hong Kong stocks saw a significant drop at the beginning of this month. In fact, they reached their lowest level since last July. Plunging more than 7%, Galaxy […]
Alex Nevsky January 24, 2014 15:12:07
In a country with few legal gambling opportunities, gamblers risk punishment and turn to underground card rooms. Police in Kaili city in China’s Guizhou province carried a high-profile raid on an illegal card room earlier this week. 100 people were arrested and roughly RMB 200,000 was confiscated. Each gambler has been order to pay an […]
Tom S. January 16, 2014 14:35:53
With restrictions on casino gambling, Hong Kong investors turn to the “Asian Las Vegas” to strike it rich on the new Forbes list. Forbes recently released its 2014 Asia Top 50 “rich list”, with investors in Macau casinos coming out resoundingly on top. Both cities are autonomous Chinese territories, but only Macau is a gambling […]
Nick M. January 8, 2012 10:46:55
Renowned researcher Union Gaming Research predicts that Macau casino business to grow by thirty percent in first half of 2012
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