The local branch of global brokerage firm Sanford C Bernstein and Company has reportedly detailed that it is still too early to tell what impact recently-tightened foreign currency transaction rules will have on the casino industry in Macau. Beijing is [...]
The nine-casino market in Atlantic City reportedly had a good January after recording an almost 20% increase year-on-year in aggregated gross gaming revenues to $229.6 million helped by a 53% overall rise in takings from online gambling to $33.5 million. [...]
Asian casino operator, MGM China Holdings Limited, has released its financial results for 2018 showing that it had experienced a 33% increase year-on-year in group-wide revenues to $2.44 billion alongside an associated 4.3% rise in adjusted earnings [...]
The number of tourists that visited Singapore in 2018 reportedly increased by 6.2% year-on-year to reach approximately 18.5 million and led the small city-state to record an around 1% swell in annual sightseer spend to about $19.95 billion. Record-setting [...]
The authorities for Macau has reportedly announced that the amount of tax it collected directly from gaming operations in January had increased by almost 16% year-on-year to achieve in excess of $1.26 billion. Ahead of schedule: According to a report from [...]
Last week’s edition of the seven-day Chinese New Year holiday reportedly proved successful for Macau as the enclave surpassed an earlier official estimate to welcome well over one million tourists for the first time in its history. Earlier estimate [...]
In the United Kingdom, the Gambling Commission regulator is reportedly set to seek assurances from giant bookmaker, Ladbrokes Coral Group, that it is not incentivizing staff to push play on its collection of fixed-odds betting terminals (FOBTs). [...]
In the Philippines, local casino operator, Tiger Resort Leisure and Entertainment Incorporated, has reportedly announced that it may change the name of its Okada Manila venue in order to sever all of the giant property’s remaining links with [...]
