Macau Casino News

The gambling enclave in the Far East, news about Macau and their casinos featured right here.

China's Soccer Regulators Encourage Gambling Bans
Published on November 6, 2009 by Matt Miller

The governing board of soccer in China says a crackdown on gambling and sport corruption in the country is most welcome....

China's Visa Limits for Macau Casino Gambling Eased, Says Wynn
Published on September 23, 2009 by K.C. Carmichael

Casino operator Steve Wynn told reporters that the Chinese government is allowing its citizens to visit the gambling enclave of Macau three times as frequently as earlier in the year....

MGM Mirage Faces Choice Over Macau Casinos and US Gambling Venue
Published on August 2, 2009 by Julie Wong

Atlantic City gambling regulators may force MGM Mirage to choose between its partnership in its Macau casino and the one it has in Jersey's Borgata casino....

China Installs New Leader for Casino Enclave Macau
Published on July 25, 2009 by Preston Lewis

Macau's casino gambling economy and government will have a new leader, nominally elected but effectively installed by the Chinese government....

Cramer Reverses Self on Casino Stocks
Published on July 24, 2009 by Virginia Maddox

CNBC financial personality Jim Cramer, who has warned against expecting any bounceback from the recession by Las Vegas casino operators, said Macau plans may lift Las Vegas Sands and Wynn Resorts....

Las Vegas Sands Seeks IPO Cash for Casino Operations
Published on July 19, 2009 by Julie Wong

Las Vegas Sands officials are looking for new ways to bring cask into their casino gambling operations, including an initial public offer and sales of minority ownership....

Las Vegas Sands Wants to Change Macau Casino Loan Terms
Published on July 15, 2009 by Julie Wong

Officials from Ls Vegas Sands are working with banks holding their loans to rework terms, allowing the casino operator a better financial position to continue its expansion of gambling venues and other developments....

Casino Empires Clash on Macau Cotai Strip
Published on May 30, 2009 by Preston Lewis

A new casino opening in Macau brings gaming competition and perhaps a return to the gambling resort escalation race....

Regulators Instruct MGM Mirage to Drop Macau Casino Partner
Published on May 20, 2009 by Matt Miller

New Jersey gambling regulators found MGM Mirage's Macau casino partner, Pansy Ho, unsuitable and ordered the gaming company to end association with her....

Economy Causes China to Consider Legalized Online Gambling
Published on March 6, 2009 by Preston Lewis

Chinese sports ministers have told the country's leaders that regulated online gambling may bring revenues and stem the flow of cash to foreign Internet casinos....

Japanese Contemplate Legal Online Casino Gambling
Published on February 13, 2009 by A.J. Maldonado

Japan may consider legalizing online casinos to find a much needed source of new revenue....

MGM Mirage Dumping Assets to Stay Afloat
Published on December 15, 2008 by A.J. Maldonado

MGM Mirage sold one of its Las Vegas Strip casinos, Treasure Island, to the former owner of the New Frontier....

Playboy Enterprises Future May Lie With Casinos and Gaming
Published on December 8, 2008 by Tom Weston

A sea change may have occurred at Playboy Enterprises, where the resignation of CEO Christie Hefner may signal a move away from film and television products and toward casino gambling and Internet gaming....

Viva Macau Online Casino Accepts 226 Countries, Not US
Published on November 24, 2008 by A.J. Maldonado

Viva Macau is an interesting new online casino, but U.S. players might not find out....

MGM Mirage Faces Tough Sledding Despite Dubai Investment
Published on November 21, 2008 by Virginia Maddox

Dubai World was granted an ok by Nevada regulators to increase its investment in MGM Mirage, but more conditions must be met before the casino gambling operator receives the cash relief it needs....

Chinese Court Shows No Mercy For Online Gambling Perp
Published on November 19, 2008 by K.C. Carmichael

Persecution of Internet gambling operators occurs in both the U.S. and China, with China setting a precedent with a long jail term for a violator....

Casino Gambling Comes to Taiwan
Published on November 17, 2008 by Preston Lewis

Taiwanese lawmakers, eager to avail themselves of gambling revenues that nearby countries enjoy, are set to issue three casino licenses....

Las Vegas Sands Owner Among Troubled Casino Billionaires
Published on October 28, 2008 by Joshua McCarthy

Sheldon Adelson is one of the overextended gambling operators trying to save his empire from being forced into bankruptcy....

Students Seek University Casino Class as Path to Employment
Published on October 26, 2008 by Ed Bradley

A class in gambling taught at the University of Nevada-Reno draws students looking to online casinos and tribal gaming as future employers....

Macau Casino Changes Reverberate to Las Vegas
Published on October 4, 2008 by Preston Lewis

Las Vegas casino giants saw their stock values tumble as their Macau fallback position no longer looks as promising as it did weeks ago....

Las Vegas Sands Bailed Out by Owner
Published on October 1, 2008 by Ed Bradley

Casino operator Las Vegas Sands received a half-billion dollar loan from owner and gambling magnate Sheldon Adelson to keep credit in line....

MGM Mirage Stock Biggest Decline of Major Casino Operators
Published on September 29, 2008 by Ed Bradley

Gambling industry stocks mirrored the general market with a major drop in value Monday, led by the poorly capitalized MGM Mirage brand. ...

Numbers Prove Gambling Should Be Casinos' Business
Published on August 15, 2008 by Joshua McCarthy

OCA's Sherman Bradley finds his theories about casino diversification upheld by other publications and new data....

Olympics May Distract Tourists from Macau Casinos
Published on July 27, 2008 by Julie Wong

While officials attempt to moderate the growth of Macau casino gambling, a temporary downturn in Chinese visitors may occur as the nation turns its eyes to the Beijing Olympics....

Casino Regulators Examine Ties Between MGM Mirage and Hos
Published on July 26, 2008 by Preston Lewis

New Jersey gaming officials are continuing a three-year investigation into Pansy Ho before approving a partnership between her and MGM Mirage....

Wynn Resorts Ltd. Posts Big Second Quarter, But Major Traps Ahead
Published on July 24, 2008 by Tom Weston

Casino giant Wynn Resorts Ltd. reported almost triple the earnings of last year's second quarter, but facts behind the numbers indicate caution is advised....

Hos Still Rule in Macau as China Restricts Casino Growth
Published on July 9, 2008 by Preston Lewis

China is making moves to prevent the explosion in casino growth in Macau from overwhelming the area, leaving the Ho family once again sitting pretty....

Las Vegas Sands Gambles on Macau to Hit Jackpot Again
Published on July 2, 2008 by K.C. Carmichael

Having already made a fortune in Macau, Las Vegas Sands is pushing its bet, hoping to dominate the gambling mecca with a risky new complex of hotels and casinos....

Robbers Hit Casino at Louisiana Truck Stop
Published on July 1, 2008 by A.J. Maldonado

A casino attached to a highway truck stop in Louisiana was robbed in the middle of the night....

Macau Casino Billionaire Stanley Ho Takes Company Public
Published on June 25, 2008 by Julie Wong

Stanley Ho, who has run a monopoly on casino gambling in Macau for decades, has decided to take his company public this week in order to compete with new foreign-owned casinos....

James Packer Plans Exclusive Philippine Casino
Published on June 16, 2008 by Tom Weston

Australia's richest man, facing a rare disappointment in Las Vegas, has once again reached boldly forward, looking to own the first major casino in the Philippines....

Las Vegas Sands Stock Has Another Down Week
Published on June 14, 2008 by Tom Weston

A downgrade of Las Vegas Sands by a key investment analyst caused the stock to drop yet again this week....

Asian Casinos Predicted to Soon Surpass U.S. Casino Revenue
Published on June 5, 2008 by A.J. Maldonado

Casino industry experts largely believe that Asian gambling revenue will pass that of the United States in the near future....

Las Vegas Sands Loses Macau License Court Case
Published on May 25, 2008 by Joshua McCarthy

A Nevada jury held that Las Vegas Sands had not honored a contract with Richard Suen concerning his aid in acquiring a Macau gambling license....

Remote Online Gambling Comes to Macau and China
Published on April 29, 2008 by Julie Wong

China recently aproved the Roulabette remote gaming system, which will allow the continued expansion of gambling without further taxing the physical limitations of Macau....

Las Vegas Sands Stock Continues Precipitous Decline
Published on April 21, 2008 by Tom Weston

Sheldon Adelson is attempting to pilot his Las Vegas Sands through a myriad of troubles to the golden payoff down the road, even as the stock falls daily....

MGM Mirage Stock Drops After Analysts Lower Expectations
Published on March 26, 2008 by Tom Weston

Bad luck and poor timing resulted in lower earnings for MGM Mirage in the first quarter....

Gaming Stocks Show Upward Trend Tuesday
Published on March 11, 2008 by Matt Miller

After several shaky months, gaming stocks might be moving back into "buy" territory....

January Continues Recent Declines in Nevada Casino Revenue
Published on March 7, 2008 by Joshua McCarthy

Revenue drops last month by Nevada casinos will only exacerbate the stock difficulties currently being felt in the gaming sector....

Harrah's Entertainment Posts Quarterly Loss
Published on February 27, 2008 by Joshua McCarthy

In its last report as a publicly traded company, Harrah's Entertainment reported a loss due to writeoffs from investments in the United Kingdom....

Las Vegas Sands Considers Gambling on Air Flights
Published on February 23, 2008 by Tom Weston

Sheldon Adelson and Las Vegas Sands want their customers to be able to gamble even while enroute to the casino....

MGM Mirage Rides Casinos, New Investors to Record Profits
Published on February 21, 2008 by Joshua McCarthy

MGM Mirage has taken its old businesses, casinos and gambling, and combined them with a broader hospitality strategy to bring in new partners and quadruple fourth-quarter income....

Macau Casino Revenue Continues Unabated Growth
Published on January 22, 2008 by Tom Weston

Macau has continued its unprecedented growth in the casino world by catering to the ultra-rich....

Casino Giant Adelson Loses a Fortune, Has Another Fortune Left
Published on January 17, 2008 by Tom Weston

Venetian Casino owner Sheldon Adelson has lost more money than can be imagined, but don't feel bad: he has more than that left....

Las Vegas Casino and Gambling Revenue Declined in November
Published on January 14, 2008 by Tom Weston

The absence of big events in November hurt the Las Vegas casino industry, causing a drop in revenues....

Macau Landmark Casino Hotel Lisboa Getting A Makeover
Published on January 2, 2008 by A.J. Maldonado

Macau has seen its casino gambling grow to such enormous proportions that one of its oldest casinos will now get a makeover to keep up....

MGM Grand Secures Funding For Stage Two of Macau Casino Project
Published on December 13, 2007 by A.J. Maldonado

MGM Grand does not yet know what will be involved with phase two of their Macau project, but they do have funding secured....

Cannery Casino Resorts Sold To Australian Based Crown Ltd.
Published on December 12, 2007 by Preston Lewis

Crown Ltd. is continuing its efforts to expand after they announced plans to buy Cannery Casino Resorts LLC....

Video Poker Could Be Coming to a Casino Near You
Published on November 27, 2007 by Matt Miller

Live dealers may soon be a thing of the past for casino poker players as computerized dealers are the new trend in the popular game....

Macau Might Change Gambling Age To 21, Hurting Many Graduates
Published on November 19, 2007 by A.J. Maldonado

Macau Chief Executive Edmund Ho has announced his plan to raise the legal gambling age from 18 to 21, a move that has shocked some industry insiders....