The Asian Gambling Market: Macau’s Triumph Over Las Vegas
In the world of gambling and entertainment, the rivalry between Las Vegas and Macau has taken center stage. Historically, Las Vegas has been synonymous with …
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Macau’s Q4 GDP shrinks 23.4% y/y
HONG KONG (Reuters) – Macau’s economy contracted by 23.4% in the fourth quarter compared with the same period a year earlier, government statistics data showed …
Macau’s 6 casino operators get new licences, Malaysia’s Genting out
(Reuters) -Macau’s government said on Saturday its six incumbent casino operators would be given new licences to operate in the world’s biggest gambling hub from …
Macau’s Q2 GDP shrinks 39.3% y/y amid COVID-19 pandemic
HONG KONG (Reuters) – Macau’s economy contracted by 39.3% in the second quarter from the same period a year earlier, statistics data showed on Friday. …
Macau’s casino losses engulf gambling hub as no quick fix in sight
By Farah Master HONG KONG – Plunging casino revenues in Macau, the world’s largest gambling hub, are taking a heavy toll on the wider economy, …