Asian News

  • April Showers as gaming revenue falls

    By Casino International on September 16, 2015
    Gross gaming revenue take in April reached its lowest level since January 2011. But has the bottom been reached? The city’s casino industry revenue fell in April by the same magnitude as the month before. Analysts say April’s results could represent the bottom – or be a sign of the market’s consecutive 11-month plunge easing ahead of the opening of […]
  • VIP woes and myths

    By Casino International on May 1, 2015

    Despite their growing fortunes, VIP gamblers are spending less everywhere, not only in Macau, a Morgan Stanley report says. Junkets are also moving away because they get better commissions in other Asian markets, while competition from Australia and Korea is diverting high rollers although the figures are residual   

  • China’s Stunting of Macau’s Gambling Industry Leads to An Economic Downfall

    By Casino International on April 15, 2015

    Rewind to February 2014 and Macau's economy was booming. Spearheaded by the former-Portuguese colony’s dominating casino industry, Macau's gambling-centric economy had been steadily growing since 2009. Already a hotspot for jet-setting gamblers, Macau's appearance in James Bond blockbuster Skyfall had only seen the Chinese Special Administrative Zone’s standing as an international gambling mecca rise further

  • Busted Flush

    By Casino International on April 1, 2015

    In February, local casinos recorded the biggest gross gaming revenue fall ever. Such a drop was expected, the government says

  • Coup de grâce

    By Casino International on March 1, 2015

    The ways of doing business in the casino enclave have changed overnight. Toe the official line or suffer the consequences is the message, as signalled by the downfall of casino mogul Stanley Ho’s nephew

  • Times a-changing

    By Casino International on January 31, 2015

    Where will the chips fall in the New Year?

  • Chinese government keeps pressure on?Macau

    By Casino International on January 31, 2015

    Top gaming news and analysis web site InnovateGaming.com asks the big questions – and brings the big answers

  • CASINO WARS

    By Casino International on January 1, 2015

    The times they are a-changing, with a new generation of casino workers adopting radical measures to secure better wages and benefits

  • Investors throw in the towel on Macau, move to Singapore

    By Casino International on December 1, 2014

    Analysts have thrown in the towel and admitted that 2014 is lost. Wells Fargo lists 23 upcoming events which will disrupt the gaming industry, warning clients Macau is no longer a cash cow until mid-2015. Morgan Stanley says investments should move to a more stable Singapore 

  • US$1.5 billion in revenues up in smoke until mid-2015

    By Casino International on November 1, 2014

    The smoking ban on mass floors will slash Macau gaming operators’ profits by US$212 million this quarter and US$780 million up to the summer of 2015, says Morgan Stanley. 
    But the real impact of the measure still divides investors with the market adopting a ‘wait and see’ attitude.