Tag Archives: John DeCree
- Brazil set to privatize lottery in December
October 13, 2017
Brazil is set to privatize its lottery operations by the end of the year, a move that many analysts see as a significant step toward the commercialization of gambling in Latin America’s largest economy. The country’s Secretary for Economic Monitoring announced that it will be bidding out Brazil’s Exclusive Instant...
- MGM Cotai forecast to achieve $214M EBITDA in 2017
July 7, 2016
Analysts are placing high hopes for MGM China’s Cotai venture, months before it opens its doors to public. Brokerage Union Gaming Securities LLC forecasts the MGM Cotai casino resort to bring in US$214 million of adjusted property earnings before interest, taxation, depreciation and amortization (EBITDA) in 2017. That estimate, according...
- Macau government vows to help struggling casinos
December 17, 2015
Macau Secretary for Economy and Finance Leong Vai Tac made a pinky swear to help the city’s troubled gambling industry. Leong met with Macau’s six casino operators for talks about enhancing the city’s economic competitiveness, according to the Government Information Bureau (GIB). During the meeting, Leong was quoted saying that...
Dragon Corp. wants to bring blockchain to Macau’s casino floors
September 25, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Macau night spots to hit when you’re not gambling
April 2, 2014