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The family of Macau gaming pioneer Stanley Ho is at risk of losing its Portuguese casino concessions after a re-tender for gaming licenses saw a rival bidder submit a higher offer. According to a report by Bloomberg, the license to operate two of Portugal's biggest casinos - Casino de Lisboa in Lisbon and Casino do Estoril in Cascais - expires at…

The current licences are set to expire on 31 December 2022, following previous licensing extensions which were the result of the general Covid-19-associated decline in the land-based gaming trade. The public tenders will be open for 30 days and will grant the winner the exclusive rights to offer games of chance in the regions, with the process open…

In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly announced that it has ceased being responsible for the casinos within the 223-room Legend Palace Hotel and smaller Babylon Casino Macau developments. According to a report from GGRAsia, the Hong Kong-listed firm had offered gaming within both of these…

What place do you think of when someone says "the world's casino capital"? Do you think of Las Vegas, or maybe Monte Carlo? Many people would say that it is the notorious city in Nevada, but Macao is the actual gambling capital of the world. With 41 casinos and gambling houses, the city-state generated $7.61 billion from its gambling industry in…