The foremost calendar week inward Oct is typically i of the busiest times in Macau, as tens of thousands of mainland Chinese residents flock to the enclave for the one-year Golden Week holiday. But the 2021 interpretation of the seven-day fete was a bust. Gross gaming revenue (GGR) from the…
Las Vegas Sands (NYSE:LVS) put up hold back its rest as Macau’s porcine gaming revenue (GGR) leader, as the Londoner integrated holiday resort ramps up, says a explore firm. It adds that regulatory concerns pertaining to US operators inward the world’s largest casino middle are likely overblown.…
Macau’s latest COVID-19 scare has calmed. And that has prompted local government officials into rescheduling several public interview sessions to discuss the region’s gaming industry. Macau’s Gaming Inspection and Coordination Bureau (DICJ) canceled tierce public consultations that were slated for September 29, Oct 9, and October 13.…
Macau Golden Week wasn’t favorable at all, as the neighborhood welcomed inwards less than 8,200 visitors during the yearly Oct festivity last week. A smattering of unexampled COVID-19 cases recently detected inwards the Chinese Special Administrative Region (SAR) resulted in people staying out from Macau during the October…
Allegations that Star Entertainment enabled money laundering at its Sydney and Gold Coast properties hold sent the Australian cassino operator’s shares spiraling. By the oddment of trading Monday, the company’s carry plummeted past almost 23 percent on the ASX, wiping nearly $A1 1000000000000 ($740 million) off its market…
MGM Resorts CEO Bill Hornbuckle believes there’s been a scrap of an overreaction on Wall Street regarding Communist China seeking to better hold its gaming industry inward Macau. The chief executive director of the largest gambling casino manipulator inward Las Vegas tells Yahoo Finance that the recent sell-off of…
Kynikos Associates beginner Jim Chanos, one of Wall Street’s most noted little sellers, is bearish on Wynn Resorts (NASDAQ:WYNN), citing regulatory headwinds inward Macau. In an interview today with CNBC, Chanos said his steadfast is short a US-based Macau casino manipulator and that figure is Wynn Resorts. His…
Manila casinos are remaining under the Philippines’ Modified Enhanced Community Quarantine (MECQ) for another week. The country’s quatern integrated resorts in the upper-case letter region were readiness to informality into the General Community Quarantine (GCQ) dismantle today. However, authorities officials say additional clip is needed to implement an qui…
The legalisation of Japan casino resorts are unlikely to live wedged past Prime Minister Yoshihide Suga’s surprising resignation. Japanese Prime Minister Yoshihide Suga, 72, announced on Sep 3 that he will non seek reelection this fall. Suga became the LDP leader a twelvemonth ago this month next his predecessor…
Philippine Offshore Gaming Operators — referred to as POGOs — owe the land nearly $30 jillion inwards unpaid taxes and various fees. That’s according to a young audit conducted by the federal government. POGOs operate online cassino games from within the Philippines. The interactive gaming platforms are prohibited to allow Filipinos…