By Tomas Medon Gaming Association Calls for Extension of Macau LicensesSeptember 1, 2020 It goes without saying that Macau has been one of the hardest-hit gaming and entertainment territories on the planet. For many of the businesses in the region, 2020 has been all about huge losses whose effects will still be felt for the foreseeable future. To make it even worse, we are fast approaching 2022 when […]
By Elaine West Sluggish Start for Macau in 2020January 7, 2020 According to local law enforcement officials, there were over 39 million visitors to the city of Macau in 2020. This represented a 10 percent increase over the number of tourists that visited the city in the previous year. Needless to say, these figures were very impressive and were a strong indicator of the city’s resilience […]
By Tomas Medon Cambodia Bans Online GamblingJanuary 3, 2020 In August 2019, the government of Cambodia announced an online gambling ban that was set to take effect on the first day of 2020. As promised, this ban was implemented, a move that has seen to the closure of a number of casinos with over 7,700 jobs being terminated. The ban follows concerns about the […]
By Ameana Jones Macau Gambling Revenue Falls 8.6 Percent in AugustSeptember 3, 2019 The month of August saw the fastest decline in Macau gambling revenue in 2019 with the territories gross gaming revenues seeing the biggest year-on-year decline. According to a recent report from the Macau Gaming Inspection and Coordination Bureau (DICJ), revenue dropped 8.6 percent to 24.262 billion patacas (US$3.032 billion). The data released in the DICJ […]
By Elaine West China Introduces New Gaming Rules, Bans PokerApril 23, 2019 Several months ago, the Chinese government reportedly stopped accepting new games licensing submissions due to the overwhelming number of applications it was receiving at the time. While it was not surprising that the there was an overwhelming number of applications for the gaming licenses (after all, the country remains to be the largest global market […]