Articles About macau gambling laws

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Macau VIP Gaming Rooms Close In Swift Succession

Macau VIP Gaming Rooms Close In Swift Succession

Bianca O. March 10, 2016 16:54:24

As more funny business takes place in Macau with junket operators committing fraud, many investors are withdrawing funds and Macau VIP gaming rooms close in alarming numbers. In what appears to be a grossly weak regulation system for junket operations in Macau, fraud is hitting an all time high, creating a frenzy of panic with […]

VIP Gambling in Macau Dropped by Almost 40% in 2015

VIP Gambling in Macau Dropped by Almost 40% in 2015

Daniel January 21, 2016 18:31:06

In 2015, VIP gambling in Macau dropped by 39.9% according to the Macau Gaming Inspection. The VIP casino gambling in Macau was the main contributor to Macau gaming revenues with 80% percent at its peak. However, after the VIP gambling in Macau dropped by almost 40% percent in 2015, this figure fell back to MOP127.82 […]

Steve Wynn Complaining About Macau Was Sheer Folly

Steve Wynn Complaining About Macau Was Sheer Folly

Nich Moore October 22, 2015 13:30:57

There are numerous irritating facets of our modern world, however beyond the dystopian nightmares with which we so blithely live, there is nothing on earth more irritating than a whining billionaire. Money might not be able to buy you happiness, but it should at least buy the rest of us who don’t have billions in […]

Macau Gambling Industry Crackdown Does Not Rule Out Online Gambling

Macau Gambling Industry Crackdown Does Not Rule Out Online Gambling

Serena October 15, 2015 16:34:50

Despite China’s intensifying corruption crackdown on Asia’s gambling capital of the world, not all hope is lost for the Macau gambling industry – especially for online players. In 1999, Macau returned to Beijing’s control after 442 years of Portugese rules. Its status as a Special Administrative Region allows it to remain as the only place […]

Galaxy Entertainment Group Starts New Casino Project in Macau

Galaxy Entertainment Group Starts New Casino Project in Macau

Toni May 28, 2015 09:00:07

In efforts to appeal to the market demands in Macau, Galaxy casino group has announced plans to introduce new exciting facilities in the near future. Macau is the world’s largest gambling hub where millions of people go to every year to realize their gaming potential. The offers available to regular gambling enthusiasts are incredible. Anything […]

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Phyllis F. May 13, 2015 08:48:42

Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Is Brean Capital’s Bet On Casinos in Macau A Hoax?

Phyllis F. May 13, 2015 08:48:42

Genting Singapore PLC has 52.6% in gaming stocks with a value of USD$8.8 billion on the Signapore Stcock Exchange. Brean Capital’s reputation is being marred by its bad bets on Macau stocks. Brean had invested $174 in Wynn, but didn’t come out a winner, as stocks fell to $132 and then to $114. Later, it […]

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Monica E. August 6, 2014 09:05:55

Recent measures to combat corruption backfire, as Macau revenues drop without mainland gamblers. It’s been a month since the new restrictions on UnionPay machines in jewelry shops came into effect in Macau. Authorities are keeping their eyes out for signs money laundering in casinos. The world’s largest gambling hub is under tight scrutiny. Macau officials […]

Macau Casinos Going Through a Rough Patch

Macau Casinos Going Through a Rough Patch

Monica E. July 31, 2014 22:08:59

The reports for the second quarter of this financial year are not very optimistic for the world’s largest gambling destination. When Macau reported June’s year-on-year gaming revenue decline, investors said there was nothing to worry about. In fact, they said this was the bottom and predicted that the industry would make a fast recovery. But […]

World Cup Betting Madness Brings Down Macau Casino Profits

World Cup Betting Madness Brings Down Macau Casino Profits

Monica E. July 3, 2014 11:35:46

Macau’s winning streak is over, as revenues decline for the first time in more than four years. Located in the perfect spot to attract gambling-thirsty Asian players and offering all the luxury you can ask for, it only took Macau a few years to surpass Las Vegas and become the world’s most popular gambling destination. […]