Macau Archives - Page 2 of 5

Macau Legislator Calls for Clarification on Required “Non-Gaming Elements” in New Gaming Law

April 16, 2021

Macau legislator Ho Ion Seng has suggested the government clarify the definition of “non-gaming elements” under the SAR’s new gaming law in order to strengthen its supervision of gaming concessionaires. The ...

South Shore Now US$450,000 Better Off After Selling One Of THE 13’s Rolls-Royce Phantoms

April 9, 2021

South Shore Holdings has announced the sale of one of its few remaining Rolls-Royce Phantoms by its wholly-owned subsidiary, The 13 Group (Macau) Ltd, to a local property development arm, aimed at boosting li...

Macau Government Warns Gaming Operators to Remain Neutral, Avoid Campaigning Ahead of Legislative Election

April 1, 2021

The Electoral Affairs Commission for Macau’s Legislative Assembly Election and the Gaming Inspection and Coordination Bureau (DICJ) held a joint meeting with representatives of the gaming industry on Wednesday,...

Macau Government Confirms Intention To Launch Consultation On License Re-Tender In 2H21

March 15, 2021

Macau’s Secretary for Economy and Finance, Lei Wai Nong, has confirmed the government’s intention to launch the re-tendering process for gaming concessions in the second half of 2021. While the government ha...

Public Consultation On Macau Gaming Law Amendments Likely Delayed Until After September Legislative Election

March 10, 2021

Local gaming experts have told FortuneZ that a public consultation on proposed amendments to Macau’s gaming law will likely be delayed until after the legislative election on 12 September 2021. Macau Chief E...

Macau Should Adjust The Ratio Of Contribution From Gaming To The Economy: Beijing

March 8, 2021

The National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) National Committee began their annual national sessions in Beijing last week, where they promptly remind...

Macau Authorities Express Concern Over Rise in Illegal Currency Exchange As Visitation Shows Signs Of Improvement

February 22, 2021

Macau’s Judiciary Police (PJ) has expressed concern over what it says is an increase in illegal currency exchange activities in the city following rising visitor traffic in recent days. According to a PJ pre...

Galaxy opts against dividend but recovery well underway on positive EBITDA of HK$1 billion in 4Q20

February 13, 2021

Macau’s Galaxy Entertainment Group roared back to profitability in the three months to 31 December 2020, with group-wide Adjusted EBITDA rising 207% quarter-on-quarter to HK$1.0 billion versus a HK$943 millio...

Macau Reports First Covid-19 Case Since June

January 22, 2021

Macau reports first covid-19 case since June. Macau has reported its 47th case of COVID-19 and the first since June after a passenger on one of two flights returning residents home on Thursday tested positive...

Macau GGR Sinks 65.8% Year-On-Year To MOP$7.82 Billion In December

January 1, 2021

Macau GGR sinks 65.8% year-on-year to MOP$7.82 billion in December. According to figures released by the Gaming Inspection and Coordination Bureau on Friday, Macau's gaming operators reported gross gaming inc...

Russian Media Watchdog Blocks Six Crypto Websites

Simple Math Says Russia Could Collect Up To $13B In Crypto Tax Each Year

Kazakhstan Proposes Power Price Hikes And Taxes Targeting Crypto Miners

Fire Away: Galaxy Heroes Debuts NFT Marketplace for Heroes

Twitter Crypto. The Dedicated Team Aimed At Exploring DApps And More

Value locked In DeFi Grows 936% In 1 Year, NFT Sector Strengthens: DappRadar

Banks Protest Crypto Firms’ Claim to Federal Reserve Payments Systems

Integral Appoints New Product and Sales Executives

Kim Young-san Appointed CEO of Grand Korea Leisure

Christine Weber is Twitch’s New Chief Technology Officer

ESL Gaming Hires Rob Balsamo as VP of Global Brand Partnerships

Freaks 4U Gaming Names Cindy Chou Director of Corporate Communications

OANDA Global Chief Marketing Officer Chantelle Johnson Leaves the Company

FanDuel Announces New CEO