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The 13 Hotel in Macau Reopens with Limited Services Amid Renovations

July 9, 2024

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Macau, Asian Casino News

The 13 Hotel, an ultra-luxury establishment in Macau, has reopened its doors after years of dormancy and financial struggles. Despite its parent company being declared bankrupt and a failed auction attempt earl...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic

August 24, 2023

Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casino Cheating, China, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Conspiracy, Crime, Financial Fraud

On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...

New Covid wave hits Macau closing Cotai food and beverage facilities

Radosav Milutinovic

December 28, 2022

Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Mobile gaming, Casino moguls, The Players Lounge, Online Gambling News

A review of the websites of Cotai casino resorts indicates that at least three of them are closed, as well as multiple Cotai food and beverage outlets. The closures are seemingly due to the Covid-19 case count ...

Sands China Limited remaining optimistic despite credit utilization

Adam Morgan

April 5, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and the local Sands China Limited subsidiary of American casino operator Las Vegas Sands Corporation has reportedly announced that it has accessed $201 million from its various credit facilities for ‘g...

Melco Resorts and Entertainment Limited tops off Studio City Macau extension

Adam Morgan

November 16, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent land-based casino operator Melco Resorts and Entertainment Limited reportedly held a topping-off ceremony yesterday for the coming second stage of its giant Studio City Macau venue. Ac...

Galaxy Entertainment Group Limited posts mixed third-quarter financials

Adam Morgan

November 11, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Macau

Macau casino operator Galaxy Entertainment Group Limited has released its unaudited third-quarter financial results showing that it experienced an increase of 176% year-on-year in net revenues to approximately ...

SJM Holdings Limited begins Grand Lisboa Palace operations

Adam Morgan

July 30, 2021

Latest Casino and Gambling News, Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Macau

In Macau and local casino operator SJM Holdings Limited has reportedly announced the ‘soft launch’ of its new Grand Lisboa Palace property following well over seven years of construction. According to a repo...

Continuing financial troubles for South Shore Holdings Limited

Adam Morgan

June 24, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

The owner of Macau’s luxury The 13 hotel has reportedly applied to have its wholly-owned New Concordia Hotel Limited subsidiary placed into voluntary liquidation with paid-up assets of approximately $3,120. ...

South Shore Holdings Limited facing the prospect of being wound up

Adam Morgan

June 4, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Economy/Finance, Macau

The operator behind Macau’s luxury The 13 hotel has reportedly announced that it has been served with a statutory demand for the immediate repayment of an outstanding debt believed to be worth in the region of ...

Tough times continuing for South Shore Holdings Limited

Adam Morgan

May 21, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and the company behind the luxury The 13 hotel has reportedly issued a profit warning after informally revealing that it expects to record an around $122.3 million deficit for the twelve months to the ...

Angela Leong On-Kei becomes sole owner of L’Arc Macau

Adam Morgan

May 19, 2021

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and local businesswoman Angela Leong On-Kei (pictured) has reportedly become the sole owner of the 283-room L’Arc Macau venue after purchasing its Power Link Fortune Limited and City Honour Development...

Grand Lisboa Palace expecting to ‘soft launch’ in Macau before the end of June

Adam Morgan

May 5, 2021

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Macau

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it expects to ‘soft launch’ its new Grand Lisboa Palace property before the end of June in advance of conducting a full thir...

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Adam Morgan

March 2, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

French multinational hospitality behemoth Accor SA has reportedly announced the signing of an agreement that is to see it bring a Raffles-branded hotel to the giant Galaxy Macau development. According to a M...

Galaxy Macau planning to feature eight new hotels by the end of 2025

Adam Morgan

February 25, 2021

Latest Casino and Gambling News, Casino News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly announced that it eventually intends to bring eight new hotels offering a total of at least 3,000 rooms and villas to its giant Galaxy Mac...

Galaxy Entertainment Group to commence Galaxy Macau Phase 4 development

Kim M

February 22, 2021

Latest Casino and Gambling News, Casino News, World Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships

As part of its ongoing expansion in Macau, Galaxy Entertainment Group Ltd (27:Hong Kong) (GEG) has announced its Galaxy Macau Phase 4 project, which comes in at a reported cost of MOP$13.01 billion (US$1.63 bil...

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The 13 Hotel in Macau Reopens with Limited Services Amid Renovations

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

New Covid wave hits Macau closing Cotai food and beverage facilities

Sands China Limited remaining optimistic despite credit utilization

Melco Resorts and Entertainment Limited tops off Studio City Macau extension

Galaxy Entertainment Group Limited posts mixed third-quarter financials

SJM Holdings Limited begins Grand Lisboa Palace operations

Continuing financial troubles for South Shore Holdings Limited

South Shore Holdings Limited facing the prospect of being wound up

Tough times continuing for South Shore Holdings Limited

Angela Leong On-Kei becomes sole owner of L’Arc Macau

Grand Lisboa Palace expecting to ‘soft launch’ in Macau before the end of June

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Galaxy Macau planning to feature eight new hotels by the end of 2025

Galaxy Entertainment Group to commence Galaxy Macau Phase 4 development

TexBet Fined $33,000 for Violating Self-Exclusion Request and Sending Ads

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Playtech’s North American Revenues Triple with Key Expansions

DraftKings Fined $200K for CEO’s Premature Financial Disclosure

Renewed Antitrust Allegations Emerge Against Vegas Casino Operators

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