#Galaxy Entertainment Group

Crypto Reporter

Online Gambling Market Report 2024-2032: Effective Marketing Strategies, Regulatory Changes, Diverse Game Offerings Driving the Global $168 Billion Industry

The market is experiencing robust growth driven by technological advancements, regulatory changes, diverse game offerings, effective marketing strategies, and shifts in global economic and demographic trends, appealing to a wider, more diverse audience. Companies are heavily investing in advanced technologies like artificial intelligence (AI),…
Industry
Online Gambling Market Report 2024-2032: Effective Marketing Strategies, Regulatory Changes, Diverse Game Offerings Driving the Global $168 Billion Industry
GGRAsia

Macau casino bets mostly US$64 up on Day 6 of CNY hols

GGRAsia walked the mass-play floors of a number of the major casinos in downtown Macau and the Cotai district on Thursday, which for mainland China residents was the sixth day of an eight-day holiday break to mark Chinese New Year this time. At about 11.25am at Grand Lisboa (pictured), run by SJM Holdings Ltd on the city's peninsula, the sic bo…
Live Gambling
Macau casino bets mostly US$64 up on Day 6 of CNY hols
Wild Casino
Benzinga

Casinos and Gambling Market to grow by USD 90.22 billion from 2022 to 2027

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The casinos and gambling market is estimated to grow by USD 90.22 billion from 2022 to 2027, growing at a CAGR of 8.13% . The casinos and gambling market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer casinos and gambling market are 888 Holdings…
Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.
Benzinga

Online Casino Market Recent Innovations and Current Trends Analysis by 2030

Online Casino Market Insights 2023 is a detailed and comprehensive report that provides a complete analysis of market size, share, revenue, various segments, drivers, trends, growth, and development. The report also highlights the presence of restraining factors and regional industries that may influence the market growth trends beyond the forecast…
Benzinga

Online Gambling Market Size, Companies Share, Trends and Global Industry Statistics 2023-2028

How Big is the Online Gambling Market? The global online gambling market size reached US$ 79.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 133.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028. Industry Overview of the Online Gambling: Online gambling refers to the act of wagering money or…
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Benzinga

Casinos Market looks to expand its size in Overseas Market

Global Casinos Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360 view and insights, highlighting major…
Digital Journey

Recorded Hyper Growth in the Future

Casinos is a place where different types of gambling games are played by visitors, casinos are majorly build at tourist attraction places such as megaresorts, massive hotels, retail shopping places and cruise ships. Minimum age of gambling in worldwide casinos is start from 18 to 21, different types of games played in casinos such as poker,…
Gambling News

Fontainebleau Las Vegas Strengthens Senior-Level Team

Image Source: Shutterstock.com The luxury hotel and casino that is currently under construction on the Las Vegas Strip, Fontainebleau Las Vegas, announced multiple senior-level appointments Monday. The latest appointments come ahead of the resort's planned opening set for December this year and seek to further strengthen the venue's team of experts…
Industry
Fontainebleau Las Vegas Strengthens Senior-Level Team
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Gambling Insider

Fontainebleau Las Vegas appoints new President and executives

Future luxury resort on the Las Vegas Strip Fontainebleau Las Vegas has announced several new leadership appointments. The resort is scheduled to launch in December 2023. Mark Tricano has replaced Brett Mufson's position and has been appointed as the resort's President. Tricano brings to Fontainebleau Las Vegas his nearly 20 years of experience in…
Land-based
Fontainebleau Las Vegas appoints new President and executives
news3lv.com

Former Red Rock Casino GM tapped as new president for Fontainebleau Las Vegas

LAS VEGAS (KSNV) - Fontainebleau Las Vegas has tapped the former general manager for Red Rock Casino as the resort's newest president. Mark Tricano assumes the role that was provisionally held by Brett Mufson, who. "It is a tremendous honor to take on the responsibility of leading the Las Vegas team toward a defining moment in Las Vegas history,"…
Industry
Former Red Rock Casino GM tapped as new president for Fontainebleau Las Vegas
Asgam

Galaxy Chairman Lui Che Woo happy to follow Macau government direction on VIP gaming

The Chairman of Macau concessionaire Galaxy Entertainment Group, Lui Che Woo, has told Hong Kong media that the company supports the government's decision to crack down on junket operations and will develop its direct VIP business gradually. Speaking with Hong Kong media following GEG's shareholders' meeting on Monday, Dr Lui noted that new laws…
Industry
Galaxy Chairman Lui Che Woo happy to follow Macau government direction on VIP gaming
Newswires

Online Gambling Market Size, Companies Share, Growth, Industry Statistics, Trends and Opportunities 2023-2028

BROOKLYN, NY, USA, March 14, 2023 / EINPresswire.com / -- The latest report published by IMARC Group, titled "Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and…
Industry
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GGRAsia

40pct fewer Macau satellite casinos by Jan 1: govt

Macau is to have 11 so-called satellite casinos that will continue to operate under the new 10-year gaming concessions starting from January 1, 2023, compared to 18 satellite casinos that were in the market as of June-end this year, a decrease of 38.9 percent. The information was given by André Cheong Weng Chon (pictured second right), Secretary…
Travel
40pct fewer Macau satellite casinos by Jan 1: govt
Market Screener

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune

Towards New Horizons: Galaxy Casino, S.A. Awarded New Concession for Operation of Casino Games of Fortune Macau, Special Administrative Region of the People's Republic of China, (December 17, 2022) - Galaxy Entertainment Group (GEG) is pleased to announce that Galaxy Casino, S.A., a member of GEG, has been awarded a concession for operation of…
Travel
World Casino News

Six Macau casino operators receive official gaming licenses from the Macau government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by rank: Six casino operators signed the contract according to their rank in the recent tender process: MGM Grand Paradise, Galaxy…
Industry
Six Macau casino operators receive official gaming licenses from the Macau government
Click Orlando

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

BEIJING - Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday. The announcement is positive news for owners who have invested billions of dollars to build the…
Travel
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
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Casino Guru

Macau concessionaires receive casino license extension

After a fraught year for concessionaires in Macau, the government of the Special Administrative Region has finally reached a conclusion as to who should receive a license moving forward. All incumbents have been granted a license extension, the Associated Press reported, however much has changed. For one, Macau has given these licenses on the…
Travel
Macau concessionaires receive casino license extension
The Motley Fool

Casino Stocks Got Good News, but Investors Remain Wary

The stock market started the week on the wrong foot, as investors focused on threats to the health of the global economy in key areas like China. The Dow Jones Industrial Average ( ^DJI -1.45%), Nasdaq Composite ( ^IXIC), and S&P 500 ( ^GSPC -1.54%) all dropped about 1.5%, giving up a portion of their November gains. Casino stocks have been hit…
Finance
Casino Stocks Got Good News, but Investors Remain Wary
The Wall Street Journal

Six Macau Casino Operators Win New 10-Year Licenses

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https Cotai Strip earlier this year. Six casino operators in…
Travel
Six Macau Casino Operators Win New 10-Year Licenses
European Gaming

The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period

Reportlinker.com announces the release of the report "Global Gambling Market 2023-2027". Our report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market…
Industry
The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period
European Gaming

Galaxy Entertainment Warns of Illegal Online Gambling Sites Using its Brand

Galaxy Entertainment Group (GEG) has issued a statement warning that illegal online gambling sites are infringing on its brand names, trademarks and images in an attempt to mislead the public. It said sites were attempting to connect themselves with non-existent fundraising activities. It warned of purported fundraising activities for "Hope Primary…
Gambling Sites
Portland Press Herald

With casinos struggling, ‘Las Vegas of Asia’ looks to reduce reliance on gambling

BEIJING - Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and now…
Covid
With casinos struggling, ‘Las Vegas of Asia’ looks to reduce reliance on gambling
World Casino News

Minimum mandated marks established in Macau

As part of new casino concessionaire licensing legislation and the government of Macau has reportedly set minimum gross slot and gaming table revenue requirements in hopes of being able to better guarantee its annual tax receipts. According to a Friday report from Inside Asian Gaming, the move detailed by the Chief Executive for the former…
Travel
Newswires

Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration

The global online gambling market is primarily accelerated by the inflating consumer expenditure power and rapid penetration of the internet. SHERIDAN, WY, USA, October 13, 2022 / EINPresswire.com / -- The latest report published by IMARC Group, titled "Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast…
Industry
Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration
Casino.org

Top 5 Richest Casino Owners In Asia

In terms of gambling and casinos, the law changes greatly across the Asian continent. Some countries have strict anti-gambling laws while others proudly advertise their incredible casino complexes. The huge numberof people that live in and visit Asia has seen the demand for casinos in thecontinent to become massive. This has meant that the few…
Top and Best
Top 5 Richest Casino Owners In Asia
GGRAsia

SJM satellites Ponte 16, Kam Pek to continue ops to Dec

Success Universe Group Ltd, an investor and promoter in Macau casino hotel Ponte 16, has agreed with casino operator SJM Holdings Ltd to extend the provision of gaming services at the property until the end of this year. The information was confirmed to GGRAsia by Success Universe's deputy chairman and executive director, Hoffman Ma Ho Man. Casino…
Covid
SJM satellites Ponte 16, Kam Pek to continue ops to Dec
European Gaming

Global Gambling Market Report 2022: Market to Reach $876 Billion by 2026

The "Gambling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Gambling Market to Reach $876 Billion by 2026 The global market for Gambling estimated at US$747.9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3.6% over the analysis…
Industry
Global Gambling Market Report 2022: Market to Reach $876 Billion by 2026
World Casino News

Unexpected runner enters the Macau casino licensing race

In Macau and a company linked to the boss of prominent Asian gambling operator Genting Malaysia Berhad has reportedly applied for one of the enclave's coming ten-year casino licenses. According to a report from Inside Asian Gaming, Macau is home to almost 40 casinos run by a sextuplet that encompasses MGM China Holdings Limited, Wynn Macau…
Law
Unexpected runner enters the Macau casino licensing race
World Casino News

Macau licensing move for Wynn Macau Limited

Asian casino operator Wynn Macau Limited has reportedly applied for a new ten-year license that would give it official permission to continue offering gambling entertainment at its pair of Macau properties until the end of 2033. According to a report from Inside Asian Gaming, the firm majority-owned by American casino operator Wynn Resorts…
Law
Macau licensing move for Wynn Macau Limited
Times Of Casino

The 10 Richest People in the Casino Industry

Casinos are getting bigger, with more slots and tables games, spectacular shows, Michelin quality dining, and five-star hotels. In a chaotic world, where life can sometimes seem a little dark, casinos are man-made paeans to excess, indulgence, and fun. Gambling politics aside, casinos are built for both pleasure and profit. When it is done well,…
Industry
The 10 Richest People in the Casino Industry
Digital Journey

Online Gambling Market Size, Share, Growth, Industry Trends and Forecast Analysis 2022-2027

The latest report published by IMARC Group, titled " Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ", offers a comprehensive analysis of the industry, which comprises insights on the global online gambling market. The report also includes competitors and regional analysis, and contemporary…
This is Ardee

Wynn Resorts, Las Vegas Sands, Okada Manila

2021-2030 Report on Global Resorts Casino Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development,…
Travel
Wynn Resorts, Las Vegas Sands, Okada Manila
The Daily News

Global Online Gambling Market Report 2022-2026: Demand for Mobile Gambling, Increasing Betting on E-Sports, and Reduced Stringency in Government Regulations Driving Growth

DUBLIN--(BUSINESS WIRE)--Jul 20, 2022-- The online gambling market is poised to grow by $142.38 bn during 2022-2026, decelerating at a CAGR of 11.05% during the forecast period. The market is driven by growing demand for mobile gambling, increasing betting on e-sports, and reduced stringency in government regulations. This study identifies the…
Mobile
Global Online Gambling Market Report 2022-2026: Demand for Mobile Gambling, Increasing Betting on E-Sports, and Reduced Stringency in Government Regulations Driving Growth
Northwest Asian Weekly

‘Las Vegas of Asia’ tells casinos to grow beyond gambling

By JOE McDONALD AP Business Writer BEIJING (AP) - Streets in the gambling center of Macao were empty on July 11 after casinos and most other businesses were ordered to close while the Chinese territory near Hong Kong fights a coronavirus outbreak. Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia"…
Covid
‘Las Vegas of Asia’ tells casinos to grow beyond gambling
The Arkansas Democrat

Macao casinos told to branch out

MGM Grand Macau casino resort is closed in Macao, Monday, July 11, 2022. Streets in the gambling center of Macao were empty Monday after casinos and most other businesses were ordered to close while the Chinese territory near Hong Kong fights a coronavirus outbreak. (AP Photo/Kong) BEIJING -- Losing money because of covid, the American casino…
Travel
Macao casinos told to branch out
The Diplomat

Macao, ‘Las Vegas of Asia,’ Tells Casinos to Grow Beyond Gambling

Losing money due to COVID-19, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades but now is…
Covid
Macao, ‘Las Vegas of Asia,’ Tells Casinos to Grow Beyond Gambling
WNYT

'Las Vegas of Asia' tells casinos to grow beyond gambling

BEIJING (AP) - Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and…
Covid
'Las Vegas of Asia' tells casinos to grow beyond gambling
World Casino News

Coronavirus consternation for Macau casinos

The large collection of casinos in the Asian city of Macau reportedly saw their aggregated gross gaming revenues for June plummet by over 62% year-on-year to hit a 21-month low of just over $306.47 million. According to a Friday report from Inside Asian Gaming citing official information from the enclave's Gaming Inspection and Coordination Bureau…
Covid
Coronavirus consternation for Macau casinos
Brits In Kenya

Online Gambling Market 2022: Size, Share, Growth, Value and Industry Trends by 2027

According to the latest report by IMARC Group, titled " Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ", the global online gambling market reached a value of US$ 72.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 131.4 Billion by 2027, exhibiting at a CAGR of…
Indian Defence News

Global Casino Resorts Market 2022-2030 Key Players: Las Vegas Sands, Metro-Goldwyn-Mayer (MGM), Caesars Entertainment

Latest published market research report titled World Casino Resorts Market by Player, Region, Type, Application and Sales Channel, Forecast 2022-2030 is a meticulously planned activity where a wide range of aspects and factors that influence the Casino Resorts industry, as well as the marketing environment are taken into consideration. Our team of…
Travel
Global Casino Resorts Market 2022-2030 Key Players: Las Vegas Sands, Metro-Goldwyn-Mayer (MGM), Caesars Entertainment
World Casino News

Macau ‘satellite’ casinos facing an uncertain future

In Macau and Economy and Finance Secretary Lei Wai Nong (pictured) has reportedly announced that some local'satellite' casino enterprises have officially applied for permission to'adjust their operations' in anticipation of coming regulatory changes. According to a report from Inside Asian Gaming, the legislator declared that a'small number' of…
Travel
Macau ‘satellite’ casinos facing an uncertain future
World Casino News

Annual aggregated gross gaming revenues rethink in Macau

In Macau and the government of Chief Executive Ho Iat Seng (pictured) has reportedly announced that it will be officially lowering the enclave's predicted aggregated gross gaming revenue tally for the entirety of 2022. According to a report from Inside Asian Gaming, the former Portuguese territory had earlier forecast that its aggregated gross…
Finance
Annual aggregated gross gaming revenues rethink in Macau
World Casino News

Arrears warning for Macau gambling market

Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino operators in Macau could exceed $25 billion by the end of the year owing to China's ongoing strict travel restrictions. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant also…
Industry
Arrears warning for Macau gambling market
World Casino News

Macau’s draft gaming bill is taking shape

In Macau and legislators are reportedly preparing to chuck out a provision within the under-consideration draft gaming bill that would prevent anyone with more than a 5% shareholding in a local casino operator from investing with any rival firm. According to a report from GGRAsia, this possible concession was revealed by local legislator Chan Chak…
Travel
Macau’s draft gaming bill is taking shape
World Casino News

Macau casinos experienced an April slump

The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million. According to a report from GGRAsia citing official information from the enclave's Gaming Inspection and Coordination Bureau regulator, the disappointing result equated to a…
Travel
Macau casinos experienced an April slump
Asgam

Court rules in favor of Las Vegas Sands in US$12 billion battle with former Macau partner

Macau's Court of First Instance has ruled in favor of Las Vegas Sands Corp (LVS) in a long-running battle against its original Macau partner, Asian American Entertainment Corporation (AAEC). According to sources, the decision was issued on Thursday and was unanimous in its findings in favor of LVS, with the court also said to have scolded AAEC for…
Travel
Court rules in favor of Las Vegas Sands in US$12 billion battle with former Macau partner
Ripon College Days

Las Vegas Sands, Bellagio Shanghai, Ritz Carlton Millenia

The Latest research study released by HTF MI "Global Resorts Casino Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in…
Land-based
Ripon College Days

Las Vegas Sands, Metro-Goldwyn-Mayer (MGM), Caesars Entertainmentz

Global Casino Resorts Market Insights & Forecast to 2028 Acor Insights latest Market Research Findings on the Global Casino Resorts Market offers a detailed analysis into the worldwide or regional Casino Resorts market taking 2021 as the base year offering forecast till 2028. Information with respect to trade share, growth expectation, future…
Sports
Las Vegas Sands, Metro-Goldwyn-Mayer (MGM), Caesars Entertainmentz
Techie + Gamers

Top 10 Richest Casino Owners in the World

Casinos bring in a lot of money, more than most people may realize. In fact, they generate billions of dollars each year. Players come in with a big chance of losing, but the casino owners will always win. The house always has an edge, which means that over time, they will make more money than the players. Here are the leading individuals earning…
Top and Best
Top 10 Richest Casino Owners in the World
GGRAsia

Macau GGR targets hurt ops with low-yield assets: broker

The Macau government's proposed minimum annual target of casino gross gaming revenue (GGR) per table and per gaming machine could result in operators with low-yielding gaming assets bearing in practice a levy on doing business that is higher even than the 39 percent effective tax rate on GGR, says a report from China International Capital Corp Hong…
Industry
Macau Business

Satellite casinos ‘fraught with opacity and undesirable business practices’, expected law changes necessary

Macau satellite casinos are "fraught with opacity and undesirable business practices" and the closure of the sector's regulatory loophole" in the future amended gaming law will provide more "transparency, legal certainty, and full oversight of the city's gaming industry", a gaming researcher from the Macao Polytechnic University states in a new…
Covid
Satellite casinos ‘fraught with opacity and undesirable business practices’, expected law changes necessary
Vegas Slots Online

Why Are Macau Casinos Struggling in Pandemic Recovery?

Commenting in August 2020, analysts from investment bank JP Morgan predicted that the Macau gambling market would begin its road to recovery from the COVID-19 pandemic in mid-August that year. They estimated that casinos would recuperate 2019 levels of gross gaming revenue (GGR) by Q32021, pointing to the easing of travel restrictions and an…
Covid
Why Are Macau Casinos Struggling in Pandemic Recovery?
World Casino News

Commitment concerns for Macau casino operators

The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the coronavirus pandemic in late-2019 to currently stand at more than $20 billion. According to a report from Inside Asian Gaming, this potentially worrying news was unveiled by global brokerage and investments firm Morgan Stanley…
Travel
Commitment concerns for Macau casino operators
World Casino News

Static situation for Macau casino firms

The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under the provisions of the draft gaming bill currently being considered by legislators. According to a report from Asia Gaming Brief, this revelation came from local legislator Andrew Chan Chak Mo during a Tuesday briefing that was also…
Travel
Static situation for Macau casino firms
Recent Slot Releases

Global Gambling Market Opportunities and Strategies Report 2022-2030: Shift In Interests Towards Online And Physical Sportsbook Betting

The "Gambling Global Market Opportunities And Strategies To 2030, By Type, Channel Type" report has been added to ResearchAndMarkets' offering. The global gambling market reached a value of nearly $465763.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 2.1% since 2015. The market is expected to grow from $465763.9…
Sports
Global Gambling Market Opportunities and Strategies Report 2022-2030: Shift In Interests Towards Online And Physical Sportsbook Betting
World Casino News

Macau casino firms experience second share slump

For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators has reportedly dropped significantly owing to a number of factors including the ongoing presence of coronavirus. According to a report from Inside Asian Gaming, the combined market cap of the Hong Kong-listed sextuplet…
Covid
Macau casino firms experience second share slump
Recent Slot Releases

The Global Casino Market is expected to grow by $ 38.23 bn during 2022-2026, progressing at a CAGR of 3.97% during the forecast period

The casino market is segmented as below: By Type• Poker• Blackjack• Craps• Lottery • Others By Geographical Landscape• North America• APAC• Europe• South America • Middle East and Africa This study identifies the use of technological innovation in casinos as one of the prime reasons driving the casino market growth during the next few years. Also,…
Industry
The Global Casino Market is expected to grow by $ 38.23 bn during 2022-2026, progressing at a CAGR of 3.97% during the forecast period
Gambling News

Red Rock Resorts Promoted SVP Scott Kreeger to President

Red Rock Resorts, the holding company of Station Casinos in Nevada, announced Monday the appointment of Scott Kreeger as President effective February 28, 2022. New Red Rock Resorts President Kreeger joined the company in September 2021 when he assumed the role of Senior Vice President of Development, leaving his position as Director of Operations…
Travel
Red Rock Resorts Promoted SVP Scott Kreeger to President
WFMZ News

Red Rock Resorts, Inc. appoints Scott Kreeger to position of President

LAS VEGAS, Feb. 28, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) announced the appointment of Scott Kreeger to the position of President on February 28, 2022. Prior to this appointment, Mr. Kreeger had been serving the Company in the role of Senior Vice President of Development since…
Travel
Red Rock Resorts, Inc. appoints Scott Kreeger to position of President
World Casino News

Macau licenses only 46 casino junkets for 2022

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly licensed just 46 casino junket firms for 2022 at the same time as officials in neighboring China are continuing their crackdown against cross-border gambling. According to a report from inside Asian Gaming, this is the first instance since the watchdog began issuing…
Travel
Macau licenses only 46 casino junkets for 2022
Gambling News

Las Vegas Sands Fights Back Against $7-Billion Lawsuit in Macau

Las Vegas Sands (LVS) is back in court fighting a familiar foe. Asian American Entertainment Corporation (AAEC), a former business partner in Macau that helped it get its start there, has been trying to collect massive amounts of money for years. It argues that LVS breached its contract and, therefore, deserves a fat payday. It hasn't yet found a…
Law
Las Vegas Sands Fights Back Against $7-Billion Lawsuit in Macau
World Casino News

Potential annual gaming revenue targets for Macau casinos

As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige operators to commit to hitting minimum annual gross gaming revenue targets. According to a report from GGRAsia, draft legislation currently being considered in the former Portuguese enclave may feature a clause that would tie…
Finance
Potential annual gaming revenue targets for Macau casinos
Gambling News

Wynn Macau and Melco Resorts Severed Ties with Junkets

Two of the six casino licensees in Macau, Wynn Macau and Melco Resorts, confirmed to have completely cut their ties with junket operators, an article in GGRAsia revealed. The junket sector has been seriously hit after the arrest of Suncity chief executive officer Alvin Chao last month when analysts predicted the detention and the shutdown of…
Travel
Wynn Macau and Melco Resorts Severed Ties with Junkets
World Casino News

Two-jab mandate for Macau casino employees

The firms behind the 41 casinos in Macau have reportedly upped their campaigns against coronavirus by comprehensively implementing new rules that require employees to be fully vaccinated or present weekly negative viral diagnostic tests. According to a report from Inside Asian Gaming, the new regime has been implemented by operators Sands China…
Jobs
Two-jab mandate for Macau casino employees
European Gaming

The Global Casino Gambling Market is expected to grow by $ 32.54 bn during 2021-2025, progressing at a CAGR of 3.50% during the forecast period

Reportlinker announces the release of the report "Global Casino Gambling Market 2021-2025" 50% during the forecast period. Our report on the casinos and gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an…
Industry
The Global Casino Gambling Market is expected to grow by $ 32.54 bn during 2021-2025, progressing at a CAGR of 3.50% during the forecast period
World Casino News

Clarification on new gambling laws sought in Macau

In Macau and representatives from some of the city's junket firms reportedly joined casino executives at a meeting on Monday in hopes of getting more details on proposed regulatory changes. According to a Tuesday report from the Reuters news service, the 70-minute gathering called by the local Gaming Inspection and Coordination Bureau regulator was…
Law
Clarification on new gambling laws sought in Macau
Forbes

Asia’s Casino Fortunes Falter As Macau Threatens Crackdown On Gaming

Several of the region's wealthiest casino moguls saw their fortunes tumble this week after officials in Macau launched a regulatory review that threatens to tighten the government's grip on "Asia's Las Vegas." The Macau government said on Tuesday that it's seeking to re-evaluate the laws that govern the world's largest gambling hub. The 45-day…
Incidents
Asia’s Casino Fortunes Falter As Macau Threatens Crackdown On Gaming
Real Money

Macau's Casino Stocks, Near Record Lows, Face Specter of Tough License Reviews

Macau's casino stocks are at or near all-time lows after a savaging this week, but it isn't the time to be buying them just yet. You need to be an exceptionally brave speculator willing to play a little Chinese roulette. There's too much uncertainty to be able to derive any sensible value in these names. The spark for this latest selling is a…
Finance
Macau's Casino Stocks, Near Record Lows, Face Specter of Tough License Reviews
Forbes

Macau Casino Stocks Shed $18 Billion In Value As China Moves To Tighten Gambling Rules

Shares of Macau's top casinos plummeted by as much as 33% on Wednesday-wiping out over $18 billion in market value-after Chinese government officials announced plans to tighten restrictions on casino operators that may include the appointment of a state official to supervise the companies in the world largest gambling hub. Shares in Macau's six…
Finance
Macau Casino Stocks Shed $18 Billion In Value As China Moves To Tighten Gambling Rules
Bloomberg

Macau Casinos Plunge After Government Proposes Tighter Control

Macau's gaming stocks plunged in Hong Kong after officials in the Chinese enclave revealed a proposal to change casino regulations that could place tighter restrictions on the companies. Sands China Ltd. sunk 21% in Wednesday morning trading, and Wynn Macau Ltd. plunged 34%, both the most on record. Galaxy Entertainment Group slumped 18%, the…
Macau Casinos Plunge After Government Proposes Tighter Control
GGRAsia

Macau may end casino sub-concessions, directly monitor ops

The Macau government seeks, under proposed changes to the city's gaming law framework, to end the system of "sub-concessions" that enabled three extra Macau licensees to be created from what had been envisaged as a three-concession system at the advent of market liberalisation at the start of the century. There are also plans for…
Travel
Macau may end casino sub-concessions, directly monitor ops
Casino News Daily

Philippine President Lifts Boracay Casino Ban

In a policy U-turn, Philippine President Rodrigo Duterte has lifted a ban on casino operations on the resort island of Boracay, saying he needs money to "pay a lot of expenses and keep the government running." In a televised address, the Philippine's top official apologized for his change of heart on gambling on Boracay, but went on to note that he…
Covid
Philippine President Lifts Boracay Casino Ban
Gambling News

New Casino for the Philippines Confirmed After Moratorium Lifted

The COVID-19 has caused economic hardships on every level and it doesn't look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously viewing casinos…
Covid
New Casino for the Philippines Confirmed After Moratorium Lifted
WFMZ News

Online Gambling Market size to increase by $ 114.21 Bn during 2020-2024

NEW YORK, Aug. 25, 2021 /PRNewswire/ -- The online gambling market size is expected to increase by USD 114.21 billion during 2020-2024, registering a decelerating CAGR of over 11% during the forecast period. Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. The online gambling…
Industry
Online Gambling Market size to increase by $ 114.21 Bn during 2020-2024
MENAFN

Online Gambling Market Trends, Demand, Key Players, Industry...

SHERIDAN, WY, USA, August 20, 2021 /EINPresswire.com / -- According to IMARC Group's latest report, titled"Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global online gambling market reached a value of US$ 66.7 Billion in 2020. Looking forward, IMARC Group expects the global market to…
Industry
Online Gambling Market Trends, Demand, Key Players, Industry...
European Gaming

Global Gambling Market Report 2021-2025 Featuring International Games Technology Plc., Flutter Entertainment, Scientific Games Corporation and Galaxy Entertainment Group

The "Global Gambling Market: Size, Trends & Forecasts with Impact Analysis of COVID-19 (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering. This report provides an in-depth analysis of the global gambling market followed by analysis of its segments in terms of value. The report also consists of analysis of gambling…
Industry
Global Gambling Market Report 2021-2025 Featuring International Games Technology Plc., Flutter Entertainment, Scientific Games Corporation and Galaxy Entertainment Group
Markets Insider

Casinos And Gambling Market to grow by USD 82.09 billion

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- The casinos and gambling market size is expected to increase by USD 82.09 billion during 2020-2024, registering a CAGR of about 10% during the forecast period. Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities. The…
Industry
Casinos And Gambling Market to grow by USD 82.09 billion
WFMZ News

Online Gambling Market to grow by USD 114.21 billion

NEW YORK, July 30, 2021 /PRNewswire/ -- The online gambling market in the Casinos & Gaming industry is poised to grow by USD 114.21 billion during 2020-2024. Technavio's latest market research report estimates that the online gambling market will decelerate at a CAGR of over 11%. This report offers an up-to-date analysis regarding the current…
Industry
Online Gambling Market to grow by USD 114.21 billion
Gambling News

Duterte Changes Stance on Gambling Due to COVID-19 Impact on The Philippines

Once a fierce opponent of gambling activities, Philippine president Rodrigo Duterte has changed his position to urge wagering in order to attract funds after the devastating impact of the pandemic. Philippine President Rodrigo Duterte has softened his tone with regards to gambling in the country due to the negative impact of the COVID-19 pandemic.…
Covid
Duterte Changes Stance on Gambling Due to COVID-19 Impact on The Philippines
Asgam

COVID-19 sees Philippines President Duterte change tune on online gambling

Once an ardent critic of all gambling activities, having quashed new casino developments in Boracay and Manila, Philippines President Rodrigo Duterte now considers gambling a necessary source of funds to fight the COVID-19 pandemic. Duterte outlined his views during a meeting with political party officials on Wednesday, with state-owned Philippine…
Covid
COVID-19 sees Philippines President Duterte change tune on online gambling
Asgam

Presence of Las Vegas Sands gave any partner in 2002 Macau casino license bid a competitive edge, court told

Las Vegas Sands (LVS) was viewed as a highly attractive option in helping promote Macau as a global tourism destination and therefore provided any potential partners with a competitive edge when it came to winning a casino license back in 2002, a Macau court has been told. The comments, made by two members of the former Macau Casino Gaming…
Gaming Authorities
Presence of Las Vegas Sands gave any partner in 2002 Macau casino license bid a competitive edge, court told
World Casino News

Public briefing for Yokohama integrated casino resort plan

In Japan and officials in the city of Yokohama have reportedly held the first of six online briefings so as to lay out the specific direction of their campaign to win one of the nation's coming trio of integrated casino resort licenses. According to a report from Inside Asian Gaming, the inaugural remote seminar was conducted on Saturday afternoon…
Travel
Public briefing for Yokohama integrated casino resort plan