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Wynn Resorts releases second quarter 2015 results

Net revenues were down compared to the second quarter of 2014, largely as a result of the ongoing revenue decline in the Macau market.

Increase in self-exclusion in Macau

Macau has seen an increase in the number of people applying for self-exclusion at casinos.

Macau market decline cuts into Las Vegas Sands' quarterly revenues

While the company did still turn a profit, it reported a 19.4 percent decline in revenues and a 30.1 percent decline in profits from last quarter.

Report alleges China believed Macau Sands infiltrated by CIA

A private investigator's report has revealed China's fears that Macau Sands were in league with the CIA.

Macao Gaming Show re-appoints GB Media to spearhead marketing efforts

GB Media marketed the 2014 Macao Gaming Expo, and in 2015 will focus on developing the show's standing as a leading industry expo.

Proposed Macau smoking ban threatens 2016 profits, Vegas-based licensees

The ban is almost certain to further cut into Macau's already-declining gaming revenues, raising speculation about the political motivations behind the ban.

Iao Kun Group Holding Company Limited announces rolling chip turnover of US$0.54 Billion for June 2015

The company's VIP rooms in Macau have seen a 60 percent decline year-over-year.

Chinese government eases visitation rules as Macau gaming revenues decline

This June was the 13th straight month of declining gaming revenue in Macau, but there was still good news to be found.

Macau revenue at its lowest in four years

Macau's June gross gaming revenue down 36.2 percent.

Vickers Reports could spell trouble for Sheldon Adelson

A request has been filed to unseal the confidential reports, which some believe may reveal links between Las Vegas Sands Corp. and Chinese organized crime syndicates.

New credit agreement to help MGM complete $2.9 billion Macau resort

The company's credit agreement increased to $1.55 billion in addition to a $1.45 billion revolving line of credit, with the maturity date extended to 2019.

Macau casino stocks tumble on June forecast

Macau casino stocks fell on the news that analysts had lowered their revenue forecasts for June.

Wynn Resorts shares rise despite 'Macau malaise'

Companies that operate casinos in Macau have seen share prices decline recently as the Macau gaming market loses revenue, but analysts believe May's uptick in prices may be a sign that the market is starting to stabilize.

Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it

Wynn Resorts stock on Monday closed below $100 per share for the first time since December 2010 after Macau reported its 12th straight monthly dip.

Macau experiences 12th straight month of gaming revenue decline

Casino operators worry that the Macau government's plans to implement a smoking ban could further erode the market.

Macau May gambling revenue tumbles

Macau revenue tumbled 37 percent in May.

XcelMobility launches Afterburner platform for mobile lottery players

The online lottery service provider plans to install Afterburner Wi-Fi networking nodes in the many kiosks and small shops around China's cities.

Galaxy Phase II will open with 150 gaming tables

150 new gaming tables permitted at Galaxy Macau Phase II which will open this week.

Macao confident on expansion

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

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.

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.

Cambodia: Police crackdown on gambling

New police chief comes to Sihanoukville with strong words and threats to jobs of police officers who fail to curb illegal gambling activities in the province.

Mohegan tribe to partner on South Korean airport casino

Mohegan Tribe propose to partner with South Korean airport to build casino complex.

AGA would help Japan on casinos

AGA president touts US offer of information and experience to Japan, if they legalize casinos.

Japan casino legalisation bill won't be introduced this week

Introduction of legislation to legalize casino gambling in Japan further delayed.

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.

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.

Wynn Resorts to rake in $511 million dividend from Macau subsidiary

The move comes as Macau’s casino market is in an unprecedented gaming revenue nosedive.



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