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Industry
April 28, 2025
Macau May Cut Ties with US Concessionaires if US-China Relation Worsens
Fitch Ratings predicts possible headwinds for the three US-based Macau concessionaires due to the economic shifts. In an unlikely but possible worst-case scenario, Macau might decide to end its relationship with the three companies, Fitch experts suggested. Fitch Emphasized That the Worst-Case Scenario is Still Unlikely The three US-based Macau concessionaires include Las Vegas Sands, […]
Casino
April 22, 2025
Macau’s Most Lavish Hotel Seeks a Second Chance at Life
Once hailed as the crown jewel of ultra-luxury hospitality in Macau, The 13 Hotel and Casino has now been listed for sale for the second time, as creditors seek to offload the unrealized dream of what was once touted as “the world’s most luxurious casino resort.” While Macau’s enduring popularity as a regional gaming hub […]
Industry
April 16, 2025
Macau Chief: Budget Deficit Awaits if Gaming Underperforms
Macau’s leader highlighted budget concerns shortly after the special administrative region reported a slowdown in its gaming revenue growth. This highlights the region’s strong dependence on gaming despite its recent efforts to diversify its revenue streams. Macau’s Chief Warns of Possible Financial Trouble Macau, which is a special administrative region of China and the only […]
Business
April 9, 2025
Macquarie Experts Warn of Macau Casino Market Shifts
Late in March, law enforcement in Macau raided a total of eight jewelry shops over suspicion of illegal currency exchange activities. The authorities suspected nearly a dozen people of moving massive sums of $74 million with the help of the jewelry shops that served as a front. Overall, several dozen people, suspected of being involved […]
Sports
April 4, 2025
Hong Kong Opens Public Consultation on Legalising Basketball Betting
The Hong Kong government has started a month-long public survey to gather views on a plan that would make basketball betting legal. This marks a big change in the city’s strict gambling rules. Hong Kong Government Proposes Legalisation of Basketball Betting to Curb Illegal Gambling The survey, which began on April 2, comes as more […]
Industry
March 27, 2025
Websites Struck by JavaScript Injection Promoting Chinese Gambling
A malicious JavaScript hijack injection has spread across the internet, affecting thousands of websites and forcing them to promote unlicensed Chinese gambling websites. According to experts, roughly 150,000 legitimate websites have been affected so far. Thousands of Websites Were Hit with a JavaScript Injection The hackers behind this promotion of illegal Chinese gaming platforms have […]
Business
March 25, 2025
Bet365 Reportedly Prepares to Exit China
Gambling giant bet365 is reportedly considering quitting China as its shift toward regulated markets continues. Once a grey market powerhouse, the company is now increasingly focused on its operations in mature and emerging regulated jurisdictions. Bet365 Will Stop Taking Bets in China from March 27 Gaming news outlet EGR, which broke the news on the […]
Casino
March 21, 2025
China’s Economic Stimulus Expected to Give Macau’s Casino Industry a Boost
Analysts at Seaport Research Partners think Beijing’s new economic stimulus plans will have a big impact on Macau’s gaming industry. China introduced these plans to get people to spend more money. Experts believe this will lead to more disposable income and make consumers feel better about spending, which will help Macau’s casinos in the long […]
Sports
March 18, 2025
2025 Chinese GP Formula 1 Odds, Time, and Prediction
Lando Norris won the first race of the 2025 Formula 1 season and is now the No. 1 favorite to win the 2025 Chinese Grand Prix on March 23. His odds for the second race on the calendar are significantly shorter than those for the Australian GP. Let’s see if the bookmakers are right to […]
Industry
March 11, 2025
Macau: Analysts Expect Stable March, Stronger GGR in H2
Analysts are optimistic about Macau’s gross gaming revenue, estimating a strong beginning to the month of March. These figures aligned with earlier predictions, underscoring the region’s robust post-COVID recovery despite a slower-than-expected start to 2025. Macau GGR to Pick up Speed in H2 According to analysts from JP Morgan, an American multinational financial services firm, […]
