Category: China

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MGM, Wynn revenue in China grows 900% in Q3

MGM Resorts and Wynn Resorts are reporting unrivaled growth of revenue of their China operations, 900% in Q3 2023 compared to the same period last year. Las Vegas Sands is also reporting significant growth. This comes as a consequence of...

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As China Opens For Travel, Macau Casino Stocks Go On A Tear

After a couple of turbulent months caused by the post-Covid crisis and stricter mainland China regulations, along with travel restrictions, finally some good news for the Macau gambling industry. The Macau authorities signaled that China is about to ease travel...

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Macao Casinos Is Using Several Casino Hotels For COVID Medical Facilities

With Covid-19 cases rising daily, Macau authorities had to introduce new measures to manage the infection surge in the biggest gambling hub in the world. Among other measures, two hotels that operate as part of casino resorts were turned into...

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Casino Stocks Roar As Macau Government Extends Gaming License

The measures that are supposed to tighten the government control over the gambling industry in Macau are slowly starting to take shape. Macau will issue a maximum of 6 gambling licenses that be valid for up to 13 years. New...

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Macau May Be The Home For China’s Central Bank Digital Currency (CBDC)

The gambling industry in Macau is set to go through some significant changes as we enter the new year. One of the things that have the real potential to shake the market in the gambling hub of Southeast Asia is...

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Macau Casino Stocks Lose Billions For Investors As China Reviews Gambling

Macau casino operators received a big blow on Wednesday as they lost about a third of their value. The nearly $18 billion drop in market value came after the government started an overhaul of its gambling-related regulations. The new legislature...

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Is Las Vegas Billionaire Sheldon Adelson Backing A Casino Gambling in Texas?

As the chairman and CEO of Las Vegas Sands, Sheldon Adelson is no stranger to the casino industry. After making a fortune in the gambling town of Las Vegas, he has his sites set on a new frontier. According to...

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Does Sheldon Adelson’s Singapore Casino Hire A Law Firm For Investigation?

Las Vegas Sands owns and operates a casino in Singapore. According to sources close to PlaySlots4RealMoney, it has launched a probe into $1 billion in questionable transfers. This covers employee transfers of casino money to third-party sources. The Singapore police...

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League of Legends World Championships Makes China’s Latest Esports Betting News

China has one of the biggest bases of both fans and players for certain popular esports games. One of the biggest professional leagues is LPL which stands for League of Legends Pro League. As a hotbed for one of the...

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Las Vegas Casino Giants Turn To Macau As Native American Indian Gets Approval

Before we start to tell you about the latest online casino news, we want to give you an update about a cryptocurrency casino. Recently, 7BitCasino announced they are adding new real money gambling games from multiple software providers. If you...

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Does Coronavirus Makes a Strong Case For Online Gambling In Macau, China?

Fears over the Coronavirus have devastated tourism for China’s Macau casinos. According to a report on CNBC attendance is down close to 70 percent due to the recent outbreak. The virus was first detected in Wuhan, China. Widespread concerns over...

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Las Vegas Sands Misses Q2 Revenue Projections

Las Vegas Sands Corp (LVS) is one of the biggest players in the casino gambling industry. Based in the gambling capital of the world, its overall presence expands on a truly global scale. LVS can also be seen as a...

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Drake Achilles

Drake Achilles

Drake Achilles is a college student from Canada. He has been in the business in one way or another from the majority of his life. He brings knowledge and experience to the Play Slots 4 Real Money website.

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