Gambling News - 'Macau'
Legal
April 15, 2024
Macau Law Would Exempt Illegal Gambling Snitches from Prosecution
Macau would exempt minor gambling offenders from prosecution if they provide evidence against others. As per the revolutionary new law, the special administrative region would send such informants away with a pat on the shoulder or at least a reduced fine. The new law aligns with Macau’s ambition to prevent illegal gambling and crack down […]
Casino
April 12, 2024
Colin Farrell Becomes a Swindler-Turned-Gambler in Netflix’s “The Ballad of a Small Player”
Colin Farrell, a professional Irish actor, is set to star in The Ballad of a Small Player, a new Netflix movie that will follow the story of a con artist who becomes a gambler in Macau. Farrell, who is famous for a number of high-profile roles, will now breathe life into the main character of […]
Poker
April 8, 2024
WPT Macau Announces Full Schedule for June
In mid-March, the World Poker Tour announced it was preparing to make history in the worldwide poker community. Namely, the premier name in globally televised gaming and entertainment announced the inaugural launch of the WPT Macau festival scheduled for June 18-June 24 in the People’s Republic of China. The WPT has finally released the full […]
Industry
April 1, 2024
Macau Bids Farewell to Horse Racing
In a bittersweet farewell, the Macau Jockey Club (MJC) hosted its final horse races on Saturday, 30 March, marking the end of an era in the city’s history and officially closing the chapter on animal racing in Macau. Approximately a thousand racegoers, comprising residents and visitors from Hong Kong and mainland China, gathered to witness […]
Industry
April 1, 2024
Macau on the Road to Recovery Pushed by Mass Market Segment
Currently, there are tough restrictions when it comes to gambling in China. The country doesn’t permit poker, casino gambling or iGaming activities, with the sole exception being Macau, China’s Special Administrative Region. For two decades, Macau has been growing its position as a leading gambling hub for the Asian region. However, the COVID-19 pandemic which […]
Casino
March 19, 2024
MGM Critiques Macau’s Foreigner-Only Zones, Highlights Solution
Casino gambling, wagering on sports and iGaming activities are prohibited in China. The country has tough laws when it comes to gambling, but an exception is applied to Macau, a popular tourist destination and a special administrative region (SAR) of China. Although the city offers casino gambling, the crackdown against the activity extended from China […]
Poker
March 13, 2024
World Poker Tour Announces Historic Event in Macau
The World Poker Tour (WPT) prepares to make history with its inaugural event in the People’s Republic of China. In partnership with Allied Gaming & Entertainment (AGAE) and Wynn Macau, the prestigious WPT Macau festival will take place from 18 June to 24 June, marking a significant milestone for the global poker community. Macau’s central […]
Industry
March 7, 2024
IMF: Macau Economy to Return to Pre-Pandemic Levels in 2025
The International Monetary Fund (IMF) has published its outlook for Macau, projecting further recovery of its casino sector and overall economy. Gambling in the special administrative region was affected negatively by the COVID-19 pandemic and China’s Zero-COVID policy but is now on a firm path to recovery. According to the IMF, the recovering GGR will […]
Industry
March 5, 2024
Macau’s Casino Industry Was the Main Driver of Tax Income in 2024
Macau’s Financial Services Bureau has published information about the tax contribution of the region’s six casino concessionaires. According to the report, the special administrative region’s gambling industry continues to be the main driver of tax income. The total tax revenue reported by the government was $10.5 billion. The bureau said that the six casino companies […]
Industry
March 4, 2024
Macau Casinos Report $2.3B in GGR as Post-COVID Recovery Continues
Macau published information about the performance of its gambling industry in February, highlighting its continued recovery. While the special administrative region is yet to publish its official tourism results, the GGR figures suggest that the tourism sector continues to grow. Macau’s gambling industry was previously impeded by the COVID-19 pandemic and China’s zero-COVID policy. For […]