SJM lower gaming table requirement for new resort

Casino Lisboa in Macau

SJM Holdings Chief Executive Ambrose So Shu Fai said the company is planning to apply for “400 to 500” new live gaming tables for the under-construction Grand Lisboa Palace in Cotai. Previously the firm had said it would look at asking for 700 tables but that figure has dropped and the new application will be put in once the completion of the new More...

by Debbie | Published 5 days ago
Casino Lisboa in Macau
By Debbie On Thursday, May 12th, 2016
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Macau mid-term review positive for operators

This week saw the release of the long awaited report by the casino industry from the Macau government of its mid-term review on casinos and their impact in the gaming hub. Overall the report which was published More...

Lawrence Ho boss of Melco
By Claire On Thursday, May 5th, 2016
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Lawrence Ho takes control of Melco Crown Entertainment

James Packer scaling back his share in MCE James Packer and his company Crown Resorts have sold some 155 million shares in the joint venture with Macau based casino company Melco Crown Entertainment (MCE) to partner More...

Lawrence Ho boss of Melco
By Debbie On Tuesday, May 3rd, 2016
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Lawrence Ho “tough times to continue” for now

Lawrence Ho boss of Melco Melco International Development boss Lawrence Ho who with James Packer operate Melco Crown Entertainment in Macau along with other ventures said in its annual report that the company believed More...

The 13 Bedrooms
By Staff On Tuesday, May 3rd, 2016
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Macau: Louis XIII Hotel now just named “The 13″

Artists impression of the interior of the hotel The much anticipated opening of The Louis XIII Hotel in Macau will now not happen as the owners have now switched names of the luxury hotel to just “The 13” and More...

Macau Gamblers4
By Gaming Awards On Monday, May 2nd, 2016
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Macau April revenues better than expected

The world’s largest gambling hub Macau posted a 9.5% drop in revenues for April signalling the 23rd consecutive month of declines for gaming operators there. However the decline in April revenues were better than More...

macau gamblers3
By Debbie On Wednesday, April 27th, 2016
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Galaxy Entertainment show lucky Q1 results

Galaxy Entertainment winning the Asia Operator award in 2015 Macau gaming operator Galaxy Entertainment reported their first Q1 results for 2016 showing a fall of 2% from the same quarter last year to HKD13.4 billion More...

Macau Gamblers4
By Staff On Friday, April 15th, 2016
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Mass gaming market falls nearly 5% in Macau for Q1

Macau suffered a near 5% fall in mass market gaming revenues in the first quarter of 2016 and over the year has fallen 27% damaging the hope that mass market customers would increase to bolster the dwindling VIP More...

Casino Lisboa in Macau
By Claire On Wednesday, April 13th, 2016
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Overcapacity in Macau by 2017 a real possibility

The world’s largest gambling hub could be at overcapacity by 2017 according to a report by leading investment bank Morgan Stanley. With 750 new gaming tables expected to be open within the next 12 months along More...

City of Dreams Manila
By Claire On Wednesday, April 13th, 2016
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City of Dreams Manila reports annual loss

City of Dreams Manila Melco Crown Entertainment announced a sharp drop in losses for its casino resort venture in the Philippines with the 2015 showing a 45% fall in losses to $259 million for the year. The joint More...