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Operator of the beleaguered Greek Mythology Casino in Macau will have to find space for the new set of folders that will be added to the growing collection of its legal cases. This as Macau junket and casino investor Amax International Holdings warned Greek Mythology operator of suing them... -
Casino operator MGM Resorts says its new Macau property won’t have any VIP gaming tables, at least, not to start. On Tuesday, MGM China CEO Grant Bowie discussed the company’s in-development MGM Cotai property, telling reporters that the company had “already made the decision that we’re envisaging opening only... -
Vítimas de actos de violência por parte de apostadores nervosos, sobretudo nas salas VIP dos casinos, muitos dealers das mesas de jogo são frequentemente pressionados pelos casinos a não prosseguirem com queixas contra os jogadores agressores. Os croupiers dos casinos de Macau continuam a ser alvo de agressões por... -
Macau’s real GDP will contract by 5.9 per cent this year because of a fall in gambling revenue but will return to growth in 2017. This is the forecast of a report on Macau for the second quarter of this year by the Economist Intelligence Unit (EIU), published in... -
A crackdown on corruption in China has prompted Australian casino operator Crown Resorts to spin off its international assets into a separate company. The new company will take over Crown’s 27.4% interest in two Macau businesses. Macau is the world’s largest gaming centre and the only place in China... -
The Macau government is set to tighten its visa policy for executive’s working in the territory’s casinos, in a bid to see more local employees promoted to management positions. Speaking to the Portuguese-language Jornal Tribuna de Macau, The Human Resources Office of Macau confirmed that it can deny requests... -
The Gaming Inspection and Co-ordination Bureau (DICJ) will start studying before the end of the year whether local dealers – also known as croupiers – should be barred from gambling in local casinos, DICJ Director Paulo Martins Chan said on Wednesday. Chan made the remarks after attending a phone-in programme hosted by Ou... -
The government of Macau on Wednesday said all casino operators in its territory had fulfilled commitments agreed in initial contracts signed over a decade ago, marking the culmination of a year-long review into the impact of the gambling industry. But the government said it would tighten regulations for junket... -
Macau on Tuesday (Mar 1) posted its best monthly gambling revenue performance since October last year and the smallest drop in growth in 20 months as an increase in Lunar New Year tourists boosted the world’s largest casino hub. Macau’s economy, which relies on the casino industry for over... -
A report on organized crime in Macau has been released in the British Journal of Criminology, detailing the changes that the triad underworld has undergone since the handover in 1999, and concluding that VIP rooms “remain to this day dominated by triads.” The report, entitled “Triad Organized Crime in...
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The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns... -
She paid a smuggler and was tucked into the hold of a ship for the overnight boat ride away from extreme poverty and a dead-end life in rural China.... -
→ Gambling hub expected to show seventh straight month of growth → Recovery threatened by property curbs, capital restrictions Chinese high rollers are pulling Macau out of its doldrums, helping... -
Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue...