Analysts with Sanford C. Bernstein believe that Macau will, at some point, turn to China’s digital yuan as its primary currency.
FEATURED VIDEOS
DraftKings sees low profits despite record revenue
The sports gambling company needs to tighten its belt and start increasing profits before it launches its IPO later this year.
Costa Rica’s hopes Caribbean casino resort lifts economy
Casino City Caribe is expected to be a huge tourist attraction on the Caribbean coast, and make Costa Rica a destination on par with Las Vegas.
Legal sports gambling could hit Maine before week’s end
A sports gambling bill has been just waiting to be signed since 2019, and the state’s governor has to make a decision by the end of this week.
Nomura analysts not optimistic on Macau’s January GGR
January's Macau casino revenue is not expected to surpass that of last January, partly in thanks to fears over a spreading virus.
Florida may have caught a break in the sports gambling fight
Florida's hopeful sports bettors may have caught a break, as a new interpretation suggests sports betting may not need a public vote to be approved.
Paradise Co enjoyed a very prosperous 2019
The South Korean casino operator saw gains all throughout the year, but the yearly total of double-digit revenue gains was even better than expected.
Churchill Downs to answer to employees in federal lawsuit
An employees’ union accuses the company of violating a collective bargaining agreement by holding onto temporary employees year over year.
Macau could start 2020 sluggish as outbreak of pneumonia appears
Macau is bracing for another tough start to a year as a virus spreading across the mainland has local officials concerned.
