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The largest casinos got an early Christmas present last month after China renewed their licenses in Macao for another 10 years. While the likelihood of being denied renewal was small after they ...
STORY: Asia's gambling hub Macau saw revenues jump almost 83% year-on-year in January, hitting around $1.4 billion.That's ...
As the Macau SAR reopened its borders to visitors, the city's business sector - especially its hospitality and gaming sectors ...
The bureau reported Macao’s 39 casinos won $1.43 billion (U.S.) in January ... were among the new conditions imposed by the ...
Business rebounded after the removal of restrictions by the Chinese central government on Jan. 8 and Chinese New Year celebrations.
HONG KONG—Macau’s struggling casinos are poised for a recovery ... Longer term challenges remain as they face burdensome new operating licenses designed to finally cure the city’s addiction ...
The Macau government in December renewed casino licenses for six operators, including Sands China. The companies plan to invest a combined 118.8 billion patacas in the territory over the next ...
Macao’s casino operators include three Las Vegas-based companies: Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts Ltd. The operators recently had their gaming licenses renewed for a ...
Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—is investing $6.8 billion in Macau ...
Alvin Chau, who organized the biggest gambling facilitators in Macao, has been convicted on charges of illegal gambling and other charges. The former head of Suncity Group was sentenced to 18 ...
That year, Macau casinos generated $36 billion in revenue ... approved in December last year which regulates their licensing and activities. Junkets are now only allowed to partner with a single ...
Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces ...
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