The entire infrastructure of Macau's success has been built on casinos. But under Beijing's regulatory crackdowns, gaming operators will have to abide by new rules — or risk losing their licenses.
Galaxy Entertainment Group ( GEG) Chairman Francis Lui expressed optimism on Thursday about Macau’s ability to reach its 2025 gross gaming revenue (GGR) target of MOP240 billion ($30 billion), despite ...
Macau authorities have busted a gambling den in the NAPE district, arresting 10 suspects in connection with its operations. In response to a tip-off, the ...
dating from 1488 and the oldest surviving building in Macau. It’s fronted by Barra Square which links to the waterfront of the Xi River. At this southern point, the skyline of glitzy casinos and ...
The Macau casino industry, a giant in global gaming, is navigating a stormy sea of regulatory and economic challenges. Per the GGRASIA report, Morgan Stanley Asia Ltd. highlighted the sector’s ...
Its capital is Macau, which houses the historic center and the main tourist districts. Other important areas include Taipa, an island with luxurious hotel complexes and casinos; Cotai, the ...
In contrast, Macau’s special gambling tax is set at 35 per cent of GGR ... A report submitted to parliament in March 2024 by a special committee suggested that introducing casinos as part of large ...
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