Casino Stocks & Sales In Macau Set To Plummet After Market Slowdown

Big casino operators and gambling service providers in Macau have more reasons to worry this year, as trends show a continuation of market slowdown for casino services. 2018 saw the Macau gambling industry taking big hits, as consumption of casino services fell steeply. Switzerland-based investment banking company UBS Group AG recently estimated a further More...

by Staff | Published 2 weeks ago
By Debbie On Wednesday, December 5th, 2018
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Online Lottery Scam Leaders arrested in China

Online gambling has been on the rise all over the world. Most countries where gambling is legalized have a very strong presence of online gambling platforms. China is one of the world’s leaders in the gambling More...

By Staff On Monday, December 3rd, 2018
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Macau November Revenues Surpirse Many

Macau casinos showed an improvement again in the November gambling figures reported by the Gaming Inspection and Coordination Bureau of 8.5% for the month, which represents revenues of $3.1 billion. The rise in More...

By Claire On Wednesday, November 21st, 2018
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Macau Cracks Down on Internet Gambling Sites Illegally Using Well-Known Operators’ Brands

Responding to the rise in brand-poaching online gambling sites, Macau authorities have asked help from international telecom operators, requesting them to close a list of gambling sites which have illegally used More...

By Claire On Wednesday, November 21st, 2018
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Nomura Brokerage Predicts a Healthy 2019 for Macau

With the slowing down of China economy, the gaming and hospitality sector all across and especially in Macau has slowed down in 2018. The year-end gaming revenue forecasts for Macau have been released and the picture More...

By Staff On Wednesday, November 14th, 2018
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Casinos Affected by China’s Economic Slowdown

As a result of a trade war with the US, China’s economy is currently experiencing a significant slowdown and this seems to be heavily affecting the casinos in Macau. Though analysts predicted that a such a slowdown More...

By Debbie On Wednesday, November 14th, 2018
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Macau Gaming Operator Success Universe Steps Into the Travel Industry

Casino operator Success Universe owned about 75% of Jade Travel. Now, it has decided to take over the entire company in a deal worth nearly $1.04 million. An announcement has been made by the company regarding this More...

By Debbie On Thursday, November 8th, 2018
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Malaysia breaks up illegal online gambling enterprise

An online gambling service was bombarding potential customers with a fleet of promotional messages. The Malaysian authorities have brought this to a stop. Five arrests made According to the Sun Daily, law enforcement More...

By Debbie On Thursday, November 8th, 2018
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Illegal smoking fines on the rise in Macau

Macau had updated its smoking regulations last year, prohibiting the act of taking a puff in various public places throughout the city. Inside casino premises figured prominently on this list. Casinos were allowed More...

By Staff On Wednesday, November 7th, 2018
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Casinos Austria Go For Japan Resort License

A surprise to many was the announcement that Casino Austria International will to enter the race to win one of the three licenses for an integrated resort in Japan. The announcement came at a press conference at More...