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 ...
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 ...
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 ...
HONG KONG: Macau, the world’s largest gambling hub, is on its way to seeing casino profits surge toward highs set before a Chinese government corruption crackdown drove wealthy high-rollers away.
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 ...
Last autumn, Lamborghini's US$4 million Veneno Roadster was displayed in the lobbies of Wynn Macau's flagship hotels, attracting large crowds ... the Hong Kong-listed casino concessionaire.
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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