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Macau Studio City News

Top 10 casinos by number of square feet

Casino City has searched the globe for the casinos with the most square footage. Does bigger always mean better? We'll let you be the judge.

Macau Studio City named 'Casino Resort of the Year' at International Gaming Awards

This is the third time that a Melco Crown property has taken the top award, with City of Dreams Manila being named to the esteemed position in 2015, and City of Dreams Macau in 2013.

Macau suffers 18th straight month of gaming revenue decline

Casinos collected $2.1 billion from gamblers in November, 32.3% less than a year ago, Macau's Gaming Inspection and Coordination Bureau said Tuesday.

Inside Gaming: Macau adding casinos despite prolonged revenue slide

Casino operators have budgeted almost $27 billion on new developments in Macau, despite the fact that Macau gaming regulators are expected to announce this week that November was the region's 18th straight month of revenue declines.

Macau gaming revenue dips for the 17th straight month

The market's gaming revenue is now down 35.5 percent for the year through October.

Melco Crown's Studio City opens its doors

The $3.2-billion, Hollywood-themed resort casino was designed to become Asia's "entertainment capital," according to its CEO, Mr. Lawrence Ho.

International diplomacy, Steve Wynn-style

The founder and CEO of Wynn Resorts went on a "tirade" against Macau's gaming regulators in a conference call with analysts last week.

Studio City announces gaming table allocation

The Macau government has authorized Melco Crown's Hollywood-themed casino for 250 new gaming tables and 1,233 new gaming machines.

Chinese government may take steps to save Macau casino industry

In light of the effect of the government's corruption crackdown on high-end baccarat revenue, the Beijing government may take measures to support the Macau economy on the mass-market side.

Macau casino revenues decline 33% in September

This marks the 16th uninterrupted month of revenue decline for the beleaguered gaming hub.

Macau gaming officials seek to 'improve transparency' of junket operations

The junket operators, which have long been suspected of being affiliated with organized crime, have come under extra scrutiny during the Chinese government's crackdown on corruption.

Studio City announces grand opening on October 27, 2015

Melco Crown Entertainment's latest development project is a Hollywood-themed gaming and entertainment resort in Macau.

Macao confident on expansion

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

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.

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.

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.

Fitch analysts join others in cautioning on Macau

The bond advisement service predicted zero growth in Macau’s gaming revenue by the time 2014 is concluded, and an overall decline of 1 percent in 2015.

Melco Crown buys second Macau casino

Melco Crown Entertainment acquires controlling stake in Macau Studio City.

Marriott project planned for Macao

A Marriott-branded hotel will be part of the monumental Macao Studio City with entertainment, retail, gaming and studios complex taking shape in Macao, China.

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