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Macau Gambling News

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

Adelson adds CEO of Sands China to his job description

In a statement Friday from the company’s Sands China Ltd., Sheldon Adelson, the 81-year-old billionaire and company founder, will replace Edward Tracy, whose retirement was announced in an SEC filing this week. read more

Analysts thought Macau's first-ever annual dip could have been worse

The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators. read more

Inside Gaming: Crumbled buildings, cannons symbolize current status of Macau

Even after six consecutive monthly gaming revenue declines, Macau is still not close to hitting bottom. read more

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