Macau / casino news and reviews

High Stakes

📰 Macau Gambling and Poker Boom Incoming?

In recent times, the gambling industry in Macau has experienced a significant surge in revenue as China gradually eases travel restrictions and the economy makes strides towards recovery. This uptick has caught the attention of industry analysts and investors alike, with reports suggesting a positive outlook for the future of Macau's gambling…
Industry
📰 Macau Gambling and Poker Boom Incoming?
Top US Casinos

Macau Casinos Report June Revenue Boost of 16.4%

The more than 40 casinos in the gambling hotspot of Macau had a very productive June as their aggregated gross gaming revenues improved by 16.4% year-on-year to reach just shy of $2.2 billion. The result publicized by the Gaming Inspection and Coordination Bureau regulator is the highest June tally since the pre-pandemic days of 2019 and also took…
Finance
Macau Casinos Report June Revenue Boost of 16.4%
Asgam

Slots suppliers say themed gaming areas on Asia’s casino floors the way of the future

Themed gaming zones will become increasingly elaborate over the next few years as suppliers and operators look to attract a new and younger generation of players to Asia's casinos, according to representatives of leading slot machine manufacturers Light & Wonder and Aristocrat. The issue of themed zones was raised by Light & Wonder's Vice President…
Industry
Slots suppliers say themed gaming areas on Asia’s casino floors the way of the future
GGRAsia

S.Korean slot maker KL Saberi eyes Macau market

South Korea's KL Saberi slot machine brand is aiming to be a fresh face in the Macau casino equipment market, says a manager for its electronic gaming machine development team, in an interview with GGRAsia. "We want to sell linked progressive and standalone progressive machines to the Macau market," stated the person, who asked to be identified…
Winnings
S.Korean slot maker KL Saberi eyes Macau market
Asgam

ACP Gaming: Era of exploration

ACP Gaming is looking to shake up slots play with its innovative new X3 Max product, to be debuted at G2E Asia. A leading player in the enhancement of land-based casinos' extraordinary play experience, ACP Gaming is an experimental workshop of ideas. Unfettered by preconceived industry codes, the creations of the group's brands - E-Slots, Akash…
Industry
ACP Gaming: Era of exploration
Top US Casinos

Macau Casinos Positive April Performance: YoY 25% Increase

The over 40 casino locations in the gambling hotspot of Macau had an impressive April as their aggregated gross gaming revenues increased by almost 26% year-on-year to top $2.3 billion. This performance, publicized by the Gaming Inspection and Coordination Bureau regulator, surpassed market expectations and is indicative of a sector continuing to…
Land-based
Macau Casinos Positive April Performance: YoY 25% Increase
Asgam

Aristocrat to showcase more than 50 games, launch new Macau office during G2E Asia

Leading slot machine supplier Aristocrat Gaming will display an expansive portfolio of more than 50 games at G2E Asia next month, comprising a combination of new game titles and popular award-winning games, the company has revealed. It will also celebrate the launch of its renovated Macau office and showroom in the same week, with a grand reopening…
Land-based
Aristocrat to showcase more than 50 games, launch new Macau office during G2E Asia
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GGRAsia

Macau casino bets mostly US$64 up on Day 6 of CNY hols

GGRAsia walked the mass-play floors of a number of the major casinos in downtown Macau and the Cotai district on Thursday, which for mainland China residents was the sixth day of an eight-day holiday break to mark Chinese New Year this time. At about 11.25am at Grand Lisboa (pictured), run by SJM Holdings Ltd on the city's peninsula, the sic bo…
Live Gambling
Macau casino bets mostly US$64 up on Day 6 of CNY hols
GGRAsia

Inspire baccarat bets start circa Macau level says exec

The new Mohegan Inspire Entertainment Resort in South Korea, opened its two-level foreigner-only casino on Saturday, offering 150 table games, 390 slot machines and 160 electronic table games encompassing a live-dealer stadium. The property anticipates that - while bet pricing is dynamic, depending on levels of demand - mass-market live baccarat…
Baccarat
Inspire baccarat bets start circa Macau level says exec
GGRAsia

Yield per Macau slot machine in 2023 above 2019 levels

Slot-machine gross gaming revenue (GGR) in Macau reached MOP10.92 billion (US$1.36 billion) in full-year 2023, accounting for nearly 6.0 percent of the aggregate MOP183.06 billion recorded last year, according to official data. Revenue from slot machines last year recovered to 72.1 percent of 2019, the last trading year before the onset of the…
Industry
Yield per Macau slot machine in 2023 above 2019 levels
Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

You'll be asked to sign into your Forbes account.Got it While investors greeted the first day of 2023 trading with big selling in classic tech favorites like Apple and Advanced Micro Devices, buyers showed up in large numbers among the classic casino names. This, after Macau reported "gross gaming revenues" increased 333% in 2023 versus 2022. Those…
Finance
Casino Stocks Rally As Macau Gambling Revenues Come In Strong
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AGB - Asia Gaming Brief

Macau mass table gaming almost fully recuperated to pre-pandemic results, slots still lagging

Under the new gaming concessions granted since January 1st, 2024, the number of tables and slots in Macau was reduced to 6000 and 12000, a 13 and 6 percent reduction from the last count before the changes, respectively. MGM was the only one of the six concessionaires to receive an increase in table allocation, with the other five concessionaires,…
Industry
Game Industry News

How Have Online Casinos Remained Relevant Over Time?

Video games are getting increasingly realistic and immersive. From next-generation consoles to cutting-edge game development engines, the current decade is one of technological prowess that pushes visual boundaries in a way formerly thought impossible. A handful of games have allowed players to get a first taste of state-of-the-art technologies…
Industry
How Have Online Casinos Remained Relevant Over Time?
gametyrant.com

Wanna Bet? Adventure Awaits: The Most Exciting Casino Games Online

Online casino gambling has undergone a tremendous evolution since its inception in the late 1990s. From simple virtual versions of traditional casino games, the industry has continuously evolved and improved to offer a wide range of new and exciting games for gamblers. The evolution of online casino gambling has brought about numerous advancements…
Games
Wanna Bet? Adventure Awaits: The Most Exciting Casino Games Online
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Yogonet

Macau forecasts robust casino business growth, projects $27 billion revenue in 2024

Macau's Secretary for Economy and Finance, Lei Wai Nong, has conveyed an optimistic outlook for the gaming sector, expressing confidence in achieving the target of MOP216 billion ($26.8 billion) in gaming revenue for fiscal year 20242024. Addressing lawmakers' concerns post his presentation of the 2024 action plan, Lei noted that the government's…
Industry
Macau Business

Paradise Entertainment launches two new slot titles at 2023 MGS

Paradise Entertainment, a Macau-based casino services firm and gaming equipment supplier, unveiled two new slot games, "Street Steel" and "Hulunbuir Grassland", under its subsidiary brand LT Game at the 2023 MGS Entertainment Show & Summit on Tuesday. "We are delighted to be able to showcase brand new products at the MGS venue again this year,"…
Industry
Paradise Entertainment launches two new slot titles at 2023 MGS
GGRAsia

Aristocrat eye-catcher ‘Tian Ci Jin Lu’ slot in Macau soon

Aristocrat Gaming, the casino technology segment of Aristocrat Leisure Ltd, says it has launched its slot game "Tian Ci Jin Lu" - complete with what it terms "metamorphic signage" (pictured) - at Hann Casino Resort in Clark, in the Philippines. The product is also in the Manila market in the Philippines, in Singapore, and in Cambodia, and "will…
Winnings
Aristocrat eye-catcher ‘Tian Ci Jin Lu’ slot in Macau soon
iGaming Business

Studio City Casino records first post-Covid operating profit in Q3

Studio City International Holdings, the Melco-operated integrated resort's owner, saw a year-on-year lift in takings in part thanks to the opening of Studio City Phase 2 in April. New features include the Studio City Indoor Water Park and a new hotel construction called Epic Tower. Furthermore, entertainment and tourism revenues have surged across…
Finance
Studio City Casino records first post-Covid operating profit in Q3
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Nigerian Tribune

What Casino Games to Avoid, and Why?

Online casinos have thousands upon thousands of games listed, from dozens of providers, big and small. But when you look at the roots of it, there are only a handful of game types that you can try at casinos. These games all come with their advantages and shortcomings, making them a better or worse choice for players. Today, we'll give you a list…
Games
Asgam

Macau’s SJM revises upwards maximum payable to Angela Leong for use of L’Arc casino space, Jai Alai building

SJM Holdings said Thursday that it has revised upwards a series of agreements with its own Co-Chairman and Executive Director, Angela Leong, in regard to the maximum amount it must pay to lease casino and retail space from her in the Jai Alai and L'Arc Hotel buildings. As per a Hong Kong Stock Exchange filing, a revised lease agreement for use of…
Industry
Macau’s SJM revises upwards maximum payable to Angela Leong for use of L’Arc casino space, Jai Alai building
GGRAsia

Sega Sammy installs first Genesis Crest 43J units in Macau

Casino equipment supplier Sega Sammy Creation Inc has installed the first units of its Genesis Crest 43J cabinet series in the Macau market. The firm told GGRAsia on Thursday that it had deployed the units at the Galaxy Macau casino resort in late September. Games available for the Genesis Crest 43J cabinet at Galaxy Macau include "Mighty Diamonds…
Industry
Sega Sammy installs first Genesis Crest 43J units in Macau
NV Daily

Casino Gaming Outlook: The Cross-Cultural Appeal of Casino Games

In the past, casino establishments were found only at specific places around the globe since they were an expensive investment. Most of the world's population did not know much about this kind of gaming. This has all changed now. Technology has made it easy for casino gaming to transcend culture, tradition, and entertainment. In an era of…
Games
Casino Gaming Outlook: The Cross-Cultural Appeal of Casino Games
GGRAsia

LT Game readies new LMG product as Macau recovers: Chun

A new'live multi-game' (LMG) product for electronic versions of casino games featuring a live dealer, is being planned for launch before year-end by Macau-based specialist in the field, LT Game Ltd, said boss Jay Chun (pictured), in an interview with GGRAsia. The newcomer, branded "Nera", should make an appearance "by the end of this year", stated…
Industry
LT Game readies new LMG product as Macau recovers: Chun
Asgam

Macau government tax take from casino industry climbs 9.5% to US$799 million in August

The Macau government collected a total of MOP$6.44 billion (US$799 million) in gaming tax revenue in August, up 9.5% over July and representing the highest monthly tally since the start of the COVID-19 pandemic. The improvement reflects rapidly rising gaming revenues across Macau's casino industry, with GGR having climbed each and every month for…
Industry
Macau government tax take from casino industry climbs 9.5% to US$799 million in August
Tech Gaming Report

Technology in Online Casinos: Blockchain and Virtual Reality

Online casinos are frontrunners in spearheading technological advancements, demonstrating their knack for staying attuned to the modern era. The realm of gaming consistently reaffirms its ability to stay current. In this light, we explore the foremost technological breakthroughs within the gambling sector, playing a pivotal role in the progressive…
Innovation
Technology in Online Casinos: Blockchain and Virtual Reality
Asgam

Mass gaming leads SJM Holdings to 241% year-on-year increase in GGR to US$722 million

Macau concessionaire SJM Holdings reported gross gaming revenues of HK$5.66 billion (US$722 million) in the three months to 30 June 2023, up 241% year-on-year and 35% higher than the March quarter. However, gaming revenues were still at just 56% of pre-COVID levels, largely due to the collapse of the junket industry. Group-wide VIP GGR was just 15%…
Industry
Mass gaming leads SJM Holdings to 241% year-on-year increase in GGR to US$722 million
TechShali

Baccarat with live dealer: features, types, rules, advantages

Baccarat is a famous card game, presented in many online casinos. Making the process of playing even more exciting will help the mode with live dealers, the features of which will be discussed below. This game is considered to be one of the simplest. Gamblers have to play against the gambling club, which is represented by the dealers. The gameplay…
Live Gambling
Baccarat with live dealer: features, types, rules, advantages
Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…
Finance
Macao regulators release July gaming revenue results
Financial Post

Juicy Stakes Casino With $4,000 Online Casino Giveaway

Take a look at what's on offer online this week ST JOHN'S, Antigua - Three is the magic number, and it's a magic week at Juicy Stakes Casino, who are giving away over $4000 and more than 250 Free Spins to kick off July in style. First on the agenda, a sizzling slot tournament in which players can climb the leaderboard to cash - simply by playing…
Crypto
South China Morning Post

Macau casinos hit the jackpot as return of mainland Chinese tourists fuels fourfold surge in revenue

Tourists at the ruins of Saint Paul's in Macau during the'golden week' holiday in May this year. The latest revenue figures bolster a market consensus that casinos' earnings are likely to beat expectations this year. Photo: AFP Tourists at the ruins of Saint Paul's in Macau during the'golden week' holiday in May this year. The latest revenue…
Winnings
Macau casinos hit the jackpot as return of mainland Chinese tourists fuels fourfold surge in revenue
Asgam

Galaxy Chairman Lui Che Woo happy to follow Macau government direction on VIP gaming

The Chairman of Macau concessionaire Galaxy Entertainment Group, Lui Che Woo, has told Hong Kong media that the company supports the government's decision to crack down on junket operations and will develop its direct VIP business gradually. Speaking with Hong Kong media following GEG's shareholders' meeting on Monday, Dr Lui noted that new laws…
Industry
Galaxy Chairman Lui Che Woo happy to follow Macau government direction on VIP gaming
Asgam

Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

Mass market baccarat continues to dominate the Macau gaming landscape, with figures published by the Gaming Inspection and Coordination Bureau showing it contributed MOP$20.51 billion (US$2.54 billion) in gross gaming revenues in the first three months of the year - comprising 58.9% of market-wide GGR. While this was slightly down on the 62.9%…
Baccarat
Mass baccarat contributed 59% of Macau-wide GGR in 1Q23
GGRAsia

Macau mass baccarat nearly 60pct of 1Q GGR: regulator

Mass-market baccarat generated nearly MOP20.51 billion (US$2.54 billion) in Macau in the first three months of 2023, or 59.2 percent of all casino gross gaming revenue (GGR) in the period. The figure represented an increase of 89.5 percent year-on-year, and was up 207.8 percent quarter-on-quarter, according to data released on Monday by the city's…
Industry
Macau mass baccarat nearly 60pct of 1Q GGR: regulator
World Casino News

Grand Lisboa Palace Launches Foreigner Gaming Area

On April 10, Grand Lisboa Palace, located in Macau's Cotai district, owned and operated by gaming giant SJM Holdings Ltd., officially opened the foreigner gaming zone. Location: The zone is found in the Cotai resort in the "Dragon Pavillon" which is the ultimate gaming part of the facility. Commenting on the opening, specifically the official…
Land-based
Grand Lisboa Palace Launches Foreigner Gaming Area
Urban Asian

How Does the Gambling Scene Differ Between Asia and the West?

Though familiar to many around the globe, the world of gambling takes a contrasting and unique shape in different corners of the world. From Asia to the West, this popular pastime features different stages with distinct stakes and vastly contrasted atmospheres. This blog post will look into how gambling manifests itself differently across two…
Law
How Does the Gambling Scene Differ Between Asia and the West?
Review Journal

Macao casino revenue rebounding as analysts expect continued growth

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…
Industry
Macao casino revenue rebounding as analysts expect continued growth
Gambling News

Macau Casino Revenue in January up 82.5%, Recovery on the Cards

Shares of Macau casino operators posted gains of between 3% and 5% after official data released by the Special Administrative Region (SAR) of China's government revealed that gambling revenue in January nearly doubled. Macau casinos generated MOP11.58 billion ($1.44 billion) in gross revenue in the first month of 2023 to post an increase of 82.5%…
Finance
Macau Casino Revenue in January up 82.5%, Recovery on the Cards
La Prensa Latina

Macau casino turnover up 82.5% after China ends 'zero Covid-19' policy

Shanghai, China, Feb 1 (EFE).- Gross billing from casino gaming in Macau shot up 82.5 percent year-on-year in January after the end of restrictions stemming from China's "zero Covid-19" policy. The income of this industry amounted in the first month of the year to some MOP 11 billion ($ 1428 million), according to data released Wednesday by the…
Covid
Macau casino turnover up 82.5% after China ends 'zero Covid-19' policy
Gambling News

Macau Police Busts Illegal Gambling Scheme and Arrests 15 People

The Macau Daily Times reported that the arrested Macau residents of ages 29 to 66 years old were allegedly part of an illegal online gambling business operated on overseas servers. At a press conference that took place on January 12, the Macau Judiciary Police announced that it had acted together with the Guangdong Province police and together the…
Incidents
Macau Police Busts Illegal Gambling Scheme and Arrests 15 People
World Casino News

Macau police apprehends 27 people from illegal online gambling organization

On Wednesday, January 11, 2023, Macau's Judiciary Police apprehended 15 locals for supposed connections to an illegal online gambling organization that has reportedly amassed $3.69 billion in bets since 2017. Foreign coordinators: This illegal organization is presumably managed through Macau from computer servers abroad. However, apart from Macau,…
Incidents
Sigma

Macau GGR revives, casino stocks on the rise

The first eight days of January saw the average daily Macau casino gross gaming revenue (GGR) more than quadruple the daily average attained in the fourth quarter. JP Morgan Securities (Asia Pacific) Ltd projected Macau daily GGR at MOP2.1 billion (US$261.1 million) for the first eight days of the new calendar year, "implying around MOP260 million…
Finance
Macau GGR revives, casino stocks on the rise
Gamers Suffice

Top 6 Online Slots for 5 Euro Minimum Deposit

Online slots are one of the best things that ever happened to gaming. Instead of risking huge sums and visiting an online casino, you can play conveniently from anywhere and win big. However, even online casinos are not created equal. One of the restrictions to joining a casino is the minimum deposit - the least amount you must have before playing…
Gambling Sites
Top 6 Online Slots for 5 Euro Minimum Deposit
Yogonet

Macau casinos see worst year on record after gaming revenue drops 51% in 2022

Macau casinos have posted their worst year since 2004 as China's strict Covid Zero policies wrought havoc on the gambling hub. The Gaming Inspection and Coordination Bureau said Sunday that gross gaming revenue in December fell 56% from a year earlier to 3.48 billion patacas ($433 million), slightly below the median estimate of a 57% decline.…
Finance
Trefis

Is Las Vegas Sands Stock A Buy With Macau On Cusp Of Recovery?

Las Vegas Sands (NYSE:LVS) stock has fared well over the last quarter or so, rising by about 40% since the end of October 2022. The recent gains come as two major overhangs relating to the Macau business - which accounted for over 60% of the company's pre-pandemic revenue - appear to be easing. Firstly, China's State Council has been rolling back…
Travel
Asgam

Details of new contracts of six casino concessionaires published

In conjunction with the signing of the six new gaming contracts yesterday, the government has published the content of the contracts, including the operating venues of the concessionaires' casinos, investment commitments and premium details. Investment commitments The government announced yesterday the six concessionaires have committed a total…
Industry
Details of new contracts of six casino concessionaires published
World Casino News

Emperor E Hotel inks deal to continue operations of Macau's satellite casino Grand Emperor

After a six-month period of direct administration by Macau gaming licensee, SJM Resorts Ltd., a subsidiary of Hong Kong-based SJM Holdings Ltd. , Emperor Entertainment Hotel's subsidiary, Tin Hou Ltd. based in Hong Kong, has signed a lucrative three-year agreement with SJM Resorts Ltd. to take over the management of the Grand Emperor Hotel, a Macau…
Industry
Emperor E Hotel inks deal to continue operations of Macau's satellite casino Grand Emperor
GGRAsia

40pct fewer Macau satellite casinos by Jan 1: govt

Macau is to have 11 so-called satellite casinos that will continue to operate under the new 10-year gaming concessions starting from January 1, 2023, compared to 18 satellite casinos that were in the market as of June-end this year, a decrease of 38.9 percent. The information was given by André Cheong Weng Chon (pictured second right), Secretary…
Travel
40pct fewer Macau satellite casinos by Jan 1: govt
World Casino News

Macau reduces gaming tables and slot machines count

The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcements that the number of tables and slots under the new concessions would be reduced to 6000 and, respectively, 12000. Law provisions: The Chief…
Industry
The Motley Fool

Casinos Win New Macao Licenses, but Will Shares Rise?

The largest casinos got an early Christmas present last month after China renewed their licenses in Macao for another 10 years. While the likelihood of being denied renewal was small after they had invested billions of dollars in the gambling mecca and spent billions more on developing nongaming activities at the behest of Beijing, it was still a…
Land-based
Casinos Win New Macao Licenses, but Will Shares Rise?
Asgam

Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December

The amount to be paid to the Macau government by the concessionaires to "rent" the casinos back from the government under the new concessions - referred to as a "utilization fee" by SJM - should be known by the end of December. The interesting tidbit of information was revealed in a Sunday evening SJM Holdings filing on the Hong Kong exchange,…
Finance
Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December
Review Journal

Three Las Vegas companies receive Macau licensing extensions

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…
Industry
Three Las Vegas companies receive Macau licensing extensions
Yogonet

Melco unveils details of recently obtained Macau license, 10-year investment plan

Melco Resorts & Entertainment hasannounced details of the ten-year concession it has been awarded to operate casino gaming in Macau. The new concession, signed Friday, runs for a period from December 31 until January 1, 2023. Under the new concession, the company is authorized to operate the Altira Casino, City of Dreams, and Studio City as well as…
Land-based
Melco unveils details of recently obtained Macau license, 10-year investment plan
Markets Insider

Macau Casinos Have Secured Gaming Licence Renewals but at a Hefty Cost

Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Casinos in Macau, also known as the Las Vegas of Asia, are starting their end of the year celebrations early this year - their casino licenses have just been renewed after a months-long agonizing wait, easing investor fears about the future of the…
Covid
Macau Casinos Have Secured Gaming Licence Renewals but at a Hefty Cost
Market Screener

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune Macau, Special Administrative Region of the People's Republic of China, (December 17, 2022) - Galaxy Entertainment Group (GEG) is pleased to announce that Galaxy Casino, S.A., a member of GEG, has been awarded a concession for operation of…
Travel
World Casino News

Six Macau casino operators receive official gaming licenses from the Macau government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by rank: Six casino operators signed the contract according to their rank in the recent tender process: MGM Grand Paradise, Galaxy…
Industry
Six Macau casino operators receive official gaming licenses from the Macau government
Vegas Slots Online

Macau Casinos to Invest $15bn Into Non-Gambling Areas

Macau casinos will invest $15bn mostly towards non-gambling interests over the next decade. [Image: Shutterstock.com] Six Macau casinos will invest $15bn predominantly towards non-gambling activities over the next ten years as part of their new license agreements. part of the new license agreements the casinos signed last month The non-gaming…
Travel
Macau Casinos to Invest $15bn Into Non-Gambling Areas
Review Journal

Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners

Three Las Vegas-based companies got a welcome boost Saturday when the Macao government announced they had been granted provisional approval to continue operating casinos in the Chinese enclave for the next 10 years. Macao's special administrative region government announced Saturday that MGM Resorts, Las Vegas Sands, Wynn Resorts along with three…
Travel
Las Vegas Sands, Wynn Resorts, MGM Resorts named Macao’s gaming concession winners
GGRAsia

Macau loosens casino capacity, entry requirements

The Macau health authorities have scrapped guidelines regarding capacity limitations and entry restrictions at the city's casinos, as part of its city-wide move to roll back existing countermeasures against Covid-19. The guidelines have required operators to avoid overcrowding in their establishments. They have included: limiting the number of…
Covid
Macau loosens casino capacity, entry requirements
Vegas Slots Online

Macau Casinos Seek $16.8m in Damages in Tak Chun Trial

Four casino operators in Macau are seeking damages totaling MOP$135m (US$16.8m) from the defendants in a major illegal VIP gambling case. Former chairman of Tak Chun Group Levo Chan is currently on trial, alongside nine other defendants. MGM China, SJM Resorts, The Venetian Macau, and the Wynn Macau are all seeking the multimillion-dollar payout in…
Incidents
Macau Casinos Seek $16.8m in Damages in Tak Chun Trial
iGaming Business

Macau misses casino concession jackpot

Macau's decision to keep its same six casino operators, rejecting Genting Malaysia's bid, comes as no surprise. Equally unsurprising, this concession re-tendering process is another squandered opportunity for the world's once and future leading casino hub. Macau has made stunning progress since the first concession awards in 2002. Breaking a losing…
Industry
Macau misses casino concession jackpot
Asgam

Bidding for Macau’s new casino concessions starts today, open until September 14

The Chief Executive's Order No. 136/2022, published in Thursday's Gazette, announces the new round of public bidding for casino concessions, and that bids may be submitted from 29 July to 14 September. A maximum of six concessions will be granted, each for a maximum period of 10 years. The gazette states, "The public auction will be conducted…
Adventure
Bidding for Macau’s new casino concessions starts today, open until September 14
The Real Deal

Sands Among Casinos Receiving Tentative Renewals in Macau

Three major casino companies are among those to have their licenses renewed in Macau, but the government expects them to push more of their chips into diversifying the local economy. The coastal Chinese region renewed the licenses of Las Vegas Sands, Wynn Resorts, MGM Resorts and three Chinese companies, the Associated Press reported. The renewed…
Travel
Sands Among Casinos Receiving Tentative Renewals in Macau
World Casino News

Macau gaming revenue declines to $374 million in November

Macau's Gaming Inspection and Coordination Bureau (DICJ) informed that the region's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry's 55.6% lower gross revenue in comparison with the same period last year. In November, Macau's casino industry also experienced a 23.1% downfall in revenue…
Finance
Grandprix 247

Unusual online casino slots with a racing theme

More than 20000 slot machines are available at more than 5000 online casinos right now, and you'll discover that these games make up the vast majority of the gaming selection at any casino. Sixty percent to eighty percent of the industry's income comes from these games. Furthermore, game developers are hard at work to provide more of these titles…
Industry
GGRAsia

‘Carnival Cow’ another progressive slot hit: L&W team

The "Coin Combo" family of casino slot titles - and its recently-launched game "Carnival Cow" (pictured) on the new Kascada cabinet - is "doing very well in Asian markets," says Ankur Sharma, regional account manager at the product's maker Light & Wonder Inc (L&W), in comments to GGRAsia. The linked-progressive product became available in Asia…
Industry
Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao reported another disappointing month of gaming revenue in November with the region reporting winning $374.4 million, a 55.6 percent decline from November 2021. Macao's Gaming Inspection and Coordination Bureau on Thursday said the region has had only one month - February - in which the region's 39 casinos made more money than they did a year…
Covid
Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.
Gambling Industry News

Macau Casino Revenue for November Down by 55.6%

The latest figures from the Macau Gaming Inspection and Coordination Bureau (DICJ) show that the local casino industry generated gaming revenues of MOP$3 billion (€358.5 million) for the month of November marking a drop of 55.6% year-on-year. Covid outbreak in China severely impacted tourism numbers November's reported revenue figures are also a…
Finance
Macau Casino Revenue for November Down by 55.6%
AP News

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

BEIJING (AP) - Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday. The announcement is positive news for owners who have invested billions of dollars to build…
Travel
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
Casino Guru

Macau concessionaires receive casino license extension

After a fraught year for concessionaires in Macau, the government of the Special Administrative Region has finally reached a conclusion as to who should receive a license moving forward. All incumbents have been granted a license extension, the Associated Press reported, however much has changed. For one, Macau has given these licenses on the…
Travel
Macau concessionaires receive casino license extension
World Casino News

Wynn Macau leads gains in Macau casino stocks after license approval

Wynn Macau led an improvement of Macau gaming stocks on Monday, November 28th in Hong Kong, following the city's government announcement over the weekend that its six current casino operators will acquire new licenses to operate in the largest gambling center in the world from January. Continued stability for Macau operators: Shares of Wynn Macau…
Finance
Wynn Macau leads gains in Macau casino stocks after license approval
Yogonet

Macau: Suspicious Transaction Reports from casino operators down by 15% year-to-date

According to local media reports, the number of Suspicious Transaction Reports (STRs) in Macau has seen a 13.4% year-over-year decrease to 1677 in the first nine months of 2022. According to a report from the Financial Intelligence Office, STRs proceeding from casino operators fell by 15.5% year-over-year to 866 during the period from January to…
Industry
World Casino News

Slight September progress for Macau casinos

The almost 40 casinos in Macau reportedly managed to rack up some $11.3 million in aggregated gross gaming revenues for the seven days from September 4 despite the continuing presence of coronavirus-related travel restrictions. According to a report from Asia Gaming Brief citing information from prominent Asian brokerage firm Sanford C Bernstein…
Finance
GGRAsia

Success Dragon slot mgmt revenue down 63pct, posts loss

Gaming services provider Success Dragon International Holdings Ltd said in a Monday filing to the Hong Kong Stock Exchange that it moved to a HKD1.6-million (US$200000) net loss in the six months ended September 30, versus a net profit of HKD4.4 million in the prior-year period. Revenue generated from what the group terms "provision of services on…
Finance
Success Dragon slot mgmt revenue down 63pct, posts loss
The GWW

How Metaverse Will Change Slot Games Experience

The Metaverse is a digital realm that has been evolving for years, and it's only becoming more prevalent today. Whenever you go online, you're bound to come across references to the Metaverse. Many people think it's a new concept, but it's been around for quite some time. The Metaverse is still in its early development stages, with companies like…
Innovation
The Wall Street Journal

Six Macau Casino Operators Win New 10-Year Licenses

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https Cotai Strip earlier this year. Six casino operators in…
Travel
Six Macau Casino Operators Win New 10-Year Licenses
Seeking Alpha

Searching for green shoots with Macau casino stocks (OTCMKTS:WYNMF)

The painfully slow recovery in Macau may have taken another step forward after Macau daily revenue for the week ending November 13 was reported to be 37% higher than the first six days of November. The relative jump in Macau gross gaming revenue was likely tied to mass testing for COVID ended in Macau on November 5, according to Jefferies analyst…
Finance
European Gaming

Galaxy Entertainment Warns of Illegal Online Gambling Sites Using its Brand

Galaxy Entertainment Group (GEG) has issued a statement warning that illegal online gambling sites are infringing on its brand names, trademarks and images in an attempt to mislead the public. It said sites were attempting to connect themselves with non-existent fundraising activities. It warned of purported fundraising activities for "Hope Primary…
Gambling Sites
Seeking Alpha

Wynn Resorts, Las Vegas Sands lead rally in Macau casino stocks on reopening hopes

Macau gross gaming revenue fell 10.7% in October to $3.9B patacas ($482M) compared to a year ago, according to data from the Gaming Inspection and Coordination Bureau. The GGR tally was worse than the -8.5% consensus mark anticipated by analysts. October casino GGR was up 31.6% on a month-on-month comparison with some tourism channels to Macau from…
Travel
GGRAsia

Mass-market baccarat 62pct of Macau GGR in 3Q: govt

Mass-market baccarat generated MOP3.44 billion (US$425.5 million) in Macau in the three months to September 30, which was 62.0 percent of all casino gross gaming revenue (GGR) for the quarter. The figure was down 32.3 percent quarter-on-quarter, according to data released on Monday by the city's casino regulator, the Gaming Inspection and…
Baccarat
Mass-market baccarat 62pct of Macau GGR in 3Q: govt
World Casino News

Minimum mandated marks established in Macau

As part of new casino concessionaire licensing legislation and the government of Macau has reportedly set minimum gross slot and gaming table revenue requirements in hopes of being able to better guarantee its annual tax receipts. According to a Friday report from Inside Asian Gaming, the move detailed by the Chief Executive for the former…
Travel
Financial Post

100% Bonus and over 100 Free Spins at Juicy Stakes Casino

Take a look at what's on offer online this week ST JOHN'S, Antigua - Wake up, September is ending. And Juicy Stakes Casino are seeing the month out in style September with two top offers - a perfect 100% bonus offer and over a century of Free Spins. So, where do we begin? Let's start with the cool Cash Bonus, where Juicy players can earn 100% extra…
Bonuses
CoinGeek

Macau advances digital currency acceptance, but will casinos accept?

Macau is pressing ahead with plans to recognize digital currency as legal tender, offering the possibility that China's digital yuan might one day be accepted in the world's largest gambling hub. Last week, Macau's Executive Council (ExCo) reviewed the latest draft of its Legal Regime for the Creation and Issuance of Money, which addresses what is…
Crypto
Macau advances digital currency acceptance, but will casinos accept?
Malysiakini

Genting makes surprise bid for Macau gambling license

Macau's government opened bids today from seven companies, including a wildcard from Malaysian operator Genting, for licenses to operate casinos in the world's biggest gambling hub, kicking off a closely watched battle for six available slots. Macau's top officials including the city's Economy and Finance secretary Lei Wai Nong and Secretary for…
Law
Genting makes surprise bid for Macau gambling license
World Casino News

‘Golden Week’ cheer for Macau casino industry

The casino hotspot of Macau reportedly attracted more than 182000 visitors during the recent'Golden Week' holiday period with approximately 89% of these having travelled into the former Portuguese enclave from mainland China. According to a report from GGRAsia citing official information from the Macao Government Tourism Office, the figure for the…
Industry
‘Golden Week’ cheer for Macau casino industry
Casino.org

Top 5 Richest Casino Owners In Asia

In terms of gambling and casinos, the law changes greatly across the Asian continent. Some countries have strict anti-gambling laws while others proudly advertise their incredible casino complexes. The huge numberof people that live in and visit Asia has seen the demand for casinos in thecontinent to become massive. This has meant that the few…
Top and Best
Top 5 Richest Casino Owners In Asia
iGaming Business

H2 global performance tracker: gambling revenue up 11% in Q2

With the Q22022 reporting season now finished, H2 Gambling Capital has released its analysis of the industry's performance through its newly expanded corporate research service. The first edition of the tracker shows global revenues were up by 11% year-on-year in Q2. H2 has recently expanded its company coverage to over 65 businesses in the global…
Finance
H2 global performance tracker: gambling revenue up 11% in Q2
Vegas Slots Online

Genting Has “Strong Chance” for Macau Casino License

Global gambling operator Genting Group was a surprise entry into the bidding war for a Macau casino license two weeks ago. Now, recent reports from Asia-facing analysts and executives suggest the firm has a strong chance of wresting a license from one of Macau's big six operators. encouraged to come in" According to a Reuters report on Thursday,…
Travel
Genting Has “Strong Chance” for Macau Casino License
GGRAsia

SJM satellites Ponte 16, Kam Pek to continue ops to Dec

Success Universe Group Ltd, an investor and promoter in Macau casino hotel Ponte 16, has agreed with casino operator SJM Holdings Ltd to extend the provision of gaming services at the property until the end of this year. The information was confirmed to GGRAsia by Success Universe's deputy chairman and executive director, Hoffman Ma Ho Man. Casino…
Covid
SJM satellites Ponte 16, Kam Pek to continue ops to Dec
Sigma

Zacks Investment urges care on Macau casino stocks despite gains

Macau stocks jumped this week after a relaxation in travel restrictions, but investors should probably wait for more consistent positive profit forecasts before piling in, Zacks Investment said. The stocks surged after China indicated that it would reinstate electronic visas and group travel tours in the first significant easing since the borders…
Finance
Zacks Investment urges care on Macau casino stocks despite gains
Clash Of Slots

Bonus Only Slot Review 2022

For the supplier of this caliber Bonus Only is a great game that's made it to the lobbies of a number of gambling sites. Bonus Only was launched on 13.05.2022 offering popular gameplay and high-quality artwork. You can play free Bonus Only demo mode on our site as a visitor with no registration required. Take a look at the game metrics to decide if…
Gambling Sites
Gambling Insider

Pascal Gaming Has Enhanced Its Gaming Lines with Slots and Lottery Games

Continuing its expansion, Pascal Gaming has added two gaming lines to its portfolio as a new direction, a fresh start, and more. Now players have a great opportunity to choose from a wider range and enjoy high quality slots and lottery games. 5 brand new slots (Jumbo Diamond, Drago flame, Wild Clubs, Big City Bank & Big City Cars) come in Glue and…
Lottery
Pascal Gaming Has Enhanced Its Gaming Lines with Slots and Lottery Games
Gambling News

Macau Casino Stocks Surge After Macau Announces It Will Relax COVID Measures

Macau casino shares experienced a positive boost after the chief executive of Macau, Ho Lat-Seng, announced that Macau is going to accept tourist groups from mainland China again starting in November. Bloomberg reported that its Intelligence gauge tracking Macau's six casino operators that have casino concessions in the former Portuguese colony has…
Covid
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