In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly announced that the town is to continue with its policy of supporting neighborhood casino firms to diversify their offerings so as to encircle more non-gaming [...]
Last month reportedly saw the over 30 casinos in Macau record a 4.4% increase year-on-year in aggregated gross gaming revenues to $3.13 billion due in large part to some 26.6% rise in the amount of people who’d visited the town to observe Chinese [...]
In the Philippines, this past year reportedly saw annual aggregated gross gaming revenues increase by 22.9% year-on-year to high $3.6 billion because the combined amount for the Asian country ’s private-sector casino industry rose by 28.3% to reach [...]
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 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 [...]
In the Philippines, the head of the nation’s gaming regulator has reportedly implored President Rodrigo Duterte (pictured below), to lift his ban on the building of any new privately-financed casinos so that the Asian nation can take advantage of [...]
In the Philippines, a steady stream of foreign high-rollers reportedly helped to push aggregated gross gaming revenues for 2018 up by around 13% year-on-year to hit an all-time high of approximately $3.79 billion. Record-setting performance: According to [...]
Investors in Macau’s casino industry have allegedly been warned to expect gaming revenues to contract by low single digits this season as a result of impacts of a heating economy alongside that country ’s ongoing trade war with the United [...]
