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 opulent casinos, extravagant shows, and…
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 on Friday. Tourist arrivals plunged…
(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 January, with Malaysian operator Genting…
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. Tourist arrivals fell 27.5% on…
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, forcing hundreds of businesses to…