Jonathan February 10, 2020 16:28:35
Not surprisingly, Macau's January revenues tumble even though a drop in income was on the cards. This was down the effects of the Coronavirus. But the magnitude of the drop has taken analysts and commentators by surprise. Gambling revenues for the month of January took a serious nose-dive when compared with figures from a year earlier.
Jonathan December 10, 2019 16:39:09
Gambling in Macau is the Chinese answer to Las Vegas, another city that never sleeps. Betting receipts and money played far out run the totals found in Las Vegas, the City of Lights.
Bianca O. March 10, 2016 16:54:24
As more funny business takes place in Macau with junket operators committing fraud, many investors are withdrawing funds and Macau VIP gaming rooms close in alarming numbers. In what appears to be a grossly weak regulation system for junket operations in Macau, fraud is hitting an all time high, creating a frenzy of panic with […]
Bianca O. March 4, 2016 17:41:58
There is a new addition in the casino world. Recently, casinos in Macau and Hong Kong have test run the first Robot Croupiers in several of their casinos in order to evaluate customer reactions and performance accuracy. With only the ability to deal cards, the Robot croupier is indeed noticeably female, smiles and has the […]
Bianca O. March 1, 2016 15:14:24
Crown Resorts’s has had a turn for the worst in their joint venture casinos, owned by Melco Crown Entertainment- City of Dreams-Studio City and Altira- by dropping a whopping 89% to AUD $9.4 million. These weakened profits are a reflection of the ever growing state of the weakening gambling market of Macau which in affect […]
Daniel January 21, 2016 18:31:06
In 2015, VIP gambling in Macau dropped by 39.9% according to the Macau Gaming Inspection. The VIP casino gambling in Macau was the main contributor to Macau gaming revenues with 80% percent at its peak. However, after the VIP gambling in Macau dropped by almost 40% percent in 2015, this figure fell back to MOP127.82 […]
Serena October 15, 2015 16:34:50
Despite China’s intensifying corruption crackdown on Asia’s gambling capital of the world, not all hope is lost for the Macau gambling industry – especially for online players. In 1999, Macau returned to Beijing’s control after 442 years of Portugese rules. Its status as a Special Administrative Region allows it to remain as the only place […]
Petar July 1, 2015 10:18:04
Several new gambling centers in the Asian region are trying to fulfill the empty place left by Macau. Macau, a former Portuguese colony and special administrative region in the south eastern part of China, is currently experiencing a decline in fortunes. Although only a few years ago it was considered to be one of the […]
Rab April 14, 2014 15:30:06
Police in Macau have arrested the operator of a ‘name and shame’ website that was posting the identities of individuals who had apparently failed to re-pay gambling loans. The website, ‘Wonderful World’ was featured in gambling news after being closed down a year after it began. Judiciary Police charged Charlie Choi Kei Ian, the founder […]
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