Macau Likely To Be Richest Place On Earth By 2020 Replacing Qatar

According to data by the International Monetary Fund, the gambling capital of the world, China’s Macau will replace Qatar to become the richest place on Earth by 2020, all thanks to the growing gambling market which has been stronger than ever. The IMF projects that the per capita GDP (gross domestic product) of Macau will be as much as $143,116 by More...

by Claire | Published 1 day ago
By Staff On Thursday, August 9th, 2018
0 Comments

Macau’s Galaxy Entertainment on a “Profit High” as Earnings Rise by 56%

Hong Kong-based casino Galaxy Entertainment Group Ltd closed in on a high last week. The company, which is one of the most popular casino and gaming services operators in Macau, has experienced a spectacular rise More...

By Claire On Wednesday, August 8th, 2018
0 Comments

Landing’s Casino Project in the Philippines Cancelled by Duterte

Rodrigo Duterte, the President of Philippines, has cancelled a $1.5 billion casino project by Landing International Development, according to official reports from the President’s spokesman. The cancellation comes More...

By Debbie On Tuesday, August 7th, 2018
0 Comments

Malaysia Better Without Gambling Saya Rawa

Malaysia, which permits heavily regulated gambling, boasts only one casino in the entire country – The Sky Casino, located in Genting Highlands. However, some have voiced their criticism against even the presence More...

By Staff On Monday, August 6th, 2018
0 Comments

Okada Arrested On Fraud Charges In Hong Kong

Kazuo Okada Kazuo Okada the Japanese gaming mogul and former chairman of Universal Entertainment has been arrested in Hong Kong on conspiracy to defraud his own former company Okada Holdings. Local reports say that More...

By Claire On Thursday, August 2nd, 2018
0 Comments

Macau Sees 10% Rise in GGR

Macau In what is considered a strong growth, the gross gaming revenue (GGR) of casinos in Macau has increased by 10 percent year-on-year for last month, that is, July 2018. This marks the second consecutive year More...

By Claire On Thursday, August 2nd, 2018
0 Comments

The 13 Remains Unlicensed, Opening Delayed Yet Again

The much-awaited grand inauguration of the Macau-based casino and hotel The 13 has been missed yet again as it still has not received the license to commence its operations from the local regulatory body. According More...

By Debbie On Tuesday, July 31st, 2018
0 Comments

Morgan Stanley Predict 24% Increase in Market Value for Macau by 2020

According to reports by Morgan Stanley analysts, the total market value of six operators in Macau is set to reach a whopping total of $146 billion by the year 2020. That is an overall increase of 24 percent in market More...

By Debbie On Tuesday, July 31st, 2018
0 Comments

Japanese Students Get Access to Top-Quality Resort Management Education

Japanese students interested in learning resort management will find their prayers answered this year with the introduction of a unique program by the Macau-based casino operator Galaxy Entertainment Group Ltd.   The More...

By Debbie On Tuesday, July 31st, 2018
0 Comments

Construction of Nayon Casino has been Sanctioned by PAGCOR

Landing International Development, one of the biggest names in the tourism and entertainment industry from Hong Kong, has been recently given the license to construct their $1.5 billion integrated resort and casino More...