Macau casino exclusion requests continue upward trend in 2Q19
Macau authorities received a total of 142 requests for exclusion from the city’s casinos in the three months to 30 June 2019, an increase of 23 requests on the 119 received in the same period last year according to latest...
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Macau Court voids ruling against man claiming HK$17 million from Wynn-Dore junket theft
Casino operator Wynn Macau and junket Dore Entertainment could still be liable for HK$17 million stolen by a Dore employee in 2015 after Macau’s Court of Second Instance voided a previous ruling against a man claiming he had deposited money...
THE 13’s troubles lead South Shore Holdings to near HK$6 billion loss in FY19
South Shore Holdings Ltd, operator of THE 13 hotel in Macau, has announced a loss for the year of HK$5.84 billion (US$747.4 million) – up from a loss of HK$1.57 billion in 2018 and considerably more than the HK$4.70 billion...
Macau’s tax revenue up 1.9% in 1H19
The amount of tax revenue collected by Macau’s government from the six concessionaires climbed 1.9% year-on-year in the six months to 30 June 2019, according to figures released by the Financial Services Bureau this week. Concession revenue totaled MOP$58.40 billion...
VIP Baccarat falls below 50% of Macau GGR contribution in 2Q19 as mass continues to rise
The shifting nature of Macau’s casino floors has never more evident, with figures released by the Gaming Inspection and Coordination Bureau (DICJ) on Tuesday showing VIP revenue fell below 50% of the city’s total GGR in the three months to...
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Macau sees suspicious casino transactions fall 14.4% in first half of 2019
The number of Suspicious Transaction Reports (STRs) issued by Macau’s casino operators fell 14.4% year-on-year in the first six months of 2019, according to statistics from the Financial Intelligence Office. The total number of STRs from casinos was 966, down...
Suncity back to business with launch of new VIP Club at Macau’s Rio Hotel and Casino
Less than 48 hours after CEO Alvin Chau fronted a press conference in Macau to refute allegations the company was involved in online gambling and proxy betting operations, Suncity Group was back doing what it does best on Monday with...
Suncity to apply Macau law to operations in all jurisdictions: Alvin Chau
Suncity Group CEO Alvin Chau has issued a pledge not to conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions. The declaration follows allegations published...
