Macau: Government to consider measures to help current struggles


Macau casino operators received a pleasant rise in their stocks over the last few days following reports in China that the government is now looking for ways to help boost the struggling casino reliant economy there. In September revenues fell for the 16th consecutive time with a fall of 33% to $2.15 billion for the month. With the downturn now really More...

by Debbie | Published 30 mins ago
Macau Gamblers4
By Debbie On Friday, October 2nd, 2015

Macau September figures show 33% revenue decline

Macau gambling revenues for September suffered their 16th consecutive monthly decline with a fall of 33% for the period compared to last year. As customers stayed away from the world’s largest gambling hub casino More...

By Claire On Wednesday, September 30th, 2015

Cambodia casino revenues top $2 billion per year

Staff at Naga World Casino Resort Cambodia According to the Central Bank of Cambodia the casino industry there has generated revenues of $2 billion per annum. “Perhaps next to Macao and Monaco, Cambodia has More...

Galaxy Ad
By Staff On Monday, September 28th, 2015

Asia’s leading developer coming to London

Clever Duck Media welcomes Galaxy Entertainment Group as a Sponsor for the 9th International Gaming Awards Ceremony, the biggest and the best industry charity event. The ceremony will take place at The London Savoy More...

macau gamblers
By Staff On Friday, September 25th, 2015

Macau gambling declines for two more years say bosses

Macau could suffer falling revenues for another two more years until it picks up again believes SJM Holdings Executive Director Angela Leong.   The world’s largest gambling hub has so far experienced 16 straight More...

macau gamblers
By Staff On Monday, September 21st, 2015

Macau smoking ban could account for 30% decline in revenues

Macau casino operators are trying to pull the plug on the proposed new bill banning all smoking from the casino resorts, currently smoking is banned from the mass gaming areas for a year now but a new bill being More...

Sands China
By Staff On Wednesday, September 16th, 2015

Sands China name new COO & President with political ties

Sands China has moved to install a new Chief Operating Officer (COO) for their operations in Macau and have announced the position has been filled by a non-gaming executive with strong political links to Beijing. Wilfred More...

Guo Meimei
By Debbie On Friday, September 11th, 2015

Social media celeb sentenced to 5 years for illegal gambling dens

Guo Meimei Guo Meimei who is one of China’s biggest names in the online blogger world has been found guilty of running illegal gambling dens and sentenced to five years in prison and fines $7,800. The blogger More...

Fitch Ratings
By Staff On Wednesday, September 9th, 2015

Singapore & Malaysia gambling rated “stable”

Fitch Ratings the business ratings firm has said that both Malaysia and Singapore gambling continue to be “stable” with strong earnings even before tax and depreciation, with an outlook in excess of 30% at the More...

By Staff On Thursday, September 3rd, 2015

Macau to see declining revenues well into 2016

Declining revenues to continue into 2016 for Macau casino operators Macau is still going to see declining revenues at least into the first quarter of 2016 says major investment firm Deutsche Bank. Even with the More...