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Macau Gambling News

Macao confident on expansion

Macau development continues unabated with three new casino properties on the horizon. read more

Analyst sees no 'silver bullets' to Macau turnaround

Goldman Sachs gaming analyst Steven Kent has downgraded his stock price projections for Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International. read more

Inside Gaming: Portugal and Macau forever linked despite distance of 6,800 miles

The Portuguese colonized Macau in the 16th century as the first European settlement in the Far East. In 1987, China and Portugal signed an agreement to create the Macau Special Administrative Region and the area was returned to Chinese rule in December 1999. read more

Inside Gaming: Macau top official's speech not the message Las Vegas wanted to hear

Macau Chief Executive Fernando Chui told lawmakers on Monday the Special Administrative Region had entered an “adjustment” period of slower and stable growth. read more

Inside Gaming: Chinese government almost seems to be purposely torpedoing Macau

Nine straight months of casino revenue declines, including a record 49 percent drop in February, are primarily because of a government-imposed crackdown on corruption. read more

Macau gaming revenues fall a record 49 percent in February

Casinos collected $2.44 billion from gamblers during the month, a drop of 49 percent. A year ago, Macau casinos collected a single-month industry high of $4.8 billion. read more

Wynn Resorts seeks to oust Elaine Wynn from board of directors

In a proxy filing with the U.S. SEC Friday, Wynn Resorts said it will reduce its Class I board members from three to two. read more

Plunge in Macau revenue leads to lower profits for Wynn Resorts

Wynn said Tuesday revenue from it two Macau casinos dipped 32 percent in the quarter that ended Dec. 31. read more

Macau casinos start 2015 with another revenue dip

January's decline was the eighth straight monthly drop. read more

Adelson defends Macau even as troubled market crimps Sands' earnings

Adelson defends Macau even as troubled market crimps Sands' earnings. read more


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