Daniel April 6, 2016 10:56:18
According to Paul Phua: Match-fixing is only a myth He is not in sports betting anymore Only a poker player and businessman PokerNews made a detailed interview with Paul Phua to present the businessman and poker player for the audience in a better light than he usually appears in the media. Mr Phua Wei Seng […]
Nich Moore October 22, 2015 13:30:57
There are numerous irritating facets of our modern world, however beyond the dystopian nightmares with which we so blithely live, there is nothing on earth more irritating than a whining billionaire. Money might not be able to buy you happiness, but it should at least buy the rest of us who don’t have billions in […]
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 […]
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 […]
Phyllis F. April 21, 2015 06:58:58
Considerable set back in earnings is hanging over the heads of Las Vegas casinos if money laundering operations are discovered. With several Macau-based casinos undergoing huge revenue losses, Las Vegas casinos better watch out too or they may get caught for harboring money launderers. Although the regulatory expense of conforming to an AML 101 is […]
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 […]
Nich Moore October 8, 2014 19:12:27
Gambling has been around for a long time in China but hasn’t been legal (this time round) since the Communists took over in 1949, so how has Macau survived on the doorstep of this slumbering giant? As everyone today is aware there are casino building projects going on all around the pacific rim as countries […]
Macau is now the world leader in casino revenue but the industry’s employees are becoming increasingly dissatisfied with their jobs. Grumblings from dissatisfied Macau casino workers have been loud over the past year, and they just got louder. A survey commissioned by the Macau Health Bureau found that 55 percent of staff members responded “no” […]
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, […]
While high-rollers get all of the attention, mass market gamblers provided most of Macau’s casino profits in 2013. The Asian casino hub of Macau is associated with glitz, glamour and power, as wealthy businessmen from across Asia and the Pacific pour into the city to throw down outrageous sums of money at baccarat tables and […]
Alex Nevsky January 22, 2014 12:34:46
Figures listed by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show revenue growth in mass market casino gaming, VIP market and ETGs. The former Portuguese colony and the Chinese Special Independent Region of Macau might be one of China’s only jurisdictions that permits gambling, but it certainly gives back to the local economy via Macau […]
Tom S. January 16, 2014 16:46:07
Macau Legend announces plan to create “independent third party” under its own umbrella to get around city’s gaming regulations. The Macau-based casino firm Macau Legend Development recently told the Hong Kong Stock Exchange that it plans to “diversify its business and indirectly participate in the gaming promotion business.” The company currently operates two casinos under […]
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