Macau News - Page 7
Macau gaming revenues fall a record 49 percent in February
9 March 2015
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.
Macao: Casino revenue drop6 March 2015
February a harsh month for Macau with 48.6 percent decline in gambling revenue.
Macao: casino revenue drop4 March 2015
February a harsh month for Macau with 48.6 percent decline in gambling revenue.
Wynn Resorts seeks to oust Elaine Wynn from board of directors2 March 2015
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.
Slower Chinese New Year hits Macau shares25 February 2015
Shares fall as Chinese New Year gambling weaker than usual in Macau.
Inside Gaming: Macau, already reeling, faces possible total smoking ban4 February 2015
Talk about throwing gasoline on a raging inferno.
Plunge in Macau revenue leads to lower profits for Wynn Resorts4 February 2015
Wynn said Tuesday revenue from it two Macau casinos dipped 32 percent in the quarter that ended Dec. 31.
Macau casinos start 2015 with another revenue dip3 February 2015
January's decline was the eighth straight monthly drop.
Adelson defends Macau even as troubled market crimps Sands' earnings29 January 2015
Adelson defends Macau even as troubled market crimps Sands' earnings.
Inside Gaming: Analysts expect Strip rebound to continue in 201526 January 2015
Analysts believe the Strip will continue its rebound, although gaming won’t be the primary reason.
Adelson adds CEO of Sands China to his job description26 January 2015
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.
Macau visitor numbers up 7.5 percent in 201421 January 2015
Macau may have had a revenue decline, but the visitors are still coming.
Vegas gaming companies may face bigger tax bite in Macau21 January 2015
A Chinese government official is hinting at a potential gaming tax increase ahead of license renewals for Macau's casino operators.
Spokesman: Wynn's pay will now include 'performance-based equity'21 January 2015
In a filing with the Securities and Exchange Commission Tuesday, Wynn Resorts Ltd. said it was slashing the CEO's salary to $2.5 million per year from $4 million.
Macau VIP gaming rooms respond to pressure19 January 2015
Four out of five of the David Group's VIP gaming rooms to close in Macau.
Amaya provides PokerStars business update15 January 2015
In December 2014 PokerStars completed the rollout of casino table games to players in eligible markets on PokerStars.com and certain domains sharing liquidity on the global network.
Lights, camera, action! Melco Crown Entertainment sets the scene on Macau's Studio City12 January 2015
Hollywood stars are featured in the premiere of Film-Teaser the unveiling of the 'Next-Generation' of thrilling leisure entertainment in Asia.
Survey shows many want to work at Macau, Singapore casinos9 January 2015
A survey in Macau and Singapore has shown strong enthusiasm for working in casinos.
Analysts thought Macau's first-ever annual dip could have been worse5 January 2015
The worry is now about 2015 and what effect continued softness in the world’s largest gambling enclave will have on Nevada casino operators.
First time fall for Macau's yearly gambling revenue2 January 2015
Macau feels the brush of first annual revenue decline, with month of December's startling 30.4% dip.
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