AC Milan Recruits M88 Mansion as Its Poker and Casino Partner in Asia

AC Milan, unity of Italy’s oldest top-flight soccer clubs, has enjoyed important popularity in Asia for years. Building on its perspective in the region, it has now joined forces with online gaming political program M88 Mansion. Through the young partnership, which AC Milano proclaimed yesterday, M88 is the club’…

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Macau Casino Bidding Period to Commence July 29, Says Newly Formed Committee

Macau casino operators testament live able to put forward applications to have new concessions showtime tomorrow, July 29. That’s according to the enclave’s fresh formed Committee for Public Tendering of Concessions for the Operation of Casino Games of Fortune. The regulatory physical structure was revealed only if this…

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Casino Operator NagaCorp Back in Black despite Ongoing Strike at NagaWorld in Cambodia

NagaCorp is seeing immature as it leaves ruby and enters black. As a result, the cassino manipulator behind Cambodia’s NagaWorld cassino was able to written report a gain for the first-class honours degree half of 2022. NagaCorp provided a financial wellness update to the Hong Kong Stock Exchange on…

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Sole Sports Betting Operator in Macau Continues Successful Rise

Last yr was a undecomposed year for Macau Slot Co Ltd, antecedently the only when sports betting manipulator inwards Macau. As casinos tried to jump-start their operations, the troupe reported a 31.8% year-on-year increment inward profit. Macau Slot saw revenue of MOP629 meg (US$77.8 million) last year.…

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Macau Sees First Casino Closure as a Result of COVID-19 Outbreak

Casinos in Macau get desperately attempted to remain in operation(p) as a new wave of COVID-19 overtakes the Chinese SAR. However, authorities have been forced to secretive one of them next a important irruption at the property. Macau closed the Grand Lisboa, unity of the city’s most famous…

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Macau Casino Retendering Rules Published in Chinese Gaming Enclave

Macau cassino licenses for the sextuplet commercial-grade gaming operators are set to expire at the end of the year. The local enclave government, following years of legislative deliberations, today unveiled the retendering conditions that testament oversee the issuance of new operating privileges. The Macau Special Administrative Region (SAR) Government today…

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Macau Casinos Win Just $310M in June, Worst Month So Far in 2022

Macau casinos inwards June experient their mop up monthly revenue carrying into action since Sept 2020. June 144 gaming revenue (GGR) totaled simply MOP2.48 billion (US$310 million), 26% lower than May and a 62% discharge from June 2021. To high spot the impact COVID-19 has had on the…

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Sands Rebound Needs Two More Years, Says Moody’s

Wary Las Vegas Sands (NYSE:LVS) investors waiting on the casino manipulator to regain its missed descriptor may follow waiting another ii years. That according to Moody’s Investors Service, which says a replete(p) rebound for the Macau whale may non materialize until 2024. Moody’s rates Sands “Baa3,…

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China Shortens Quarantine Time for Inbound Travelers, Macau Celebrates

China this week slashed its quarantine requirement for inward international travelers in half, sparking a sensation of optimism in the world’s most populated country. China’s National Health Commission said this week that inbound foreigners must at present quarantine at a government-monitored facility for sevener days — half of the…

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Macau Gaming Law Now Mandates Operators Can’t Directly Invest in Each Other

The third version of Macau’s relieve in-the-works revised gaming laws will reportedly mandate that concessionaires and their biggest investors cannot directly commit inward competitors. But they put up indirectly have upwardly to 5% of rivals. The judicial admission on investors applies to those owning 5% or more of a…

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