Tag Archives: table cap
- Macau casino operators fear possible cap on number of electronic table games
January 10, 2014
Fresh off yet another record revenue year, Macau has reportedly started 2014 on a roll. With the Chimelong Ocean Kingdom theme park set to open on nearby Hengqin Island, analysts expect Macau’s casinos will welcome at least part of the additional tourist influx, possibly pushing January’s monthly revenue tally up...
- Cotai casino to double MGM profits; Macau hints at gaming table cap flexibility
January 11, 2013
With MGM China having officially received the okay to construct its second Macau casino, MGM Resorts International CEO Jim Murren is clearly feeling his oats. Macau Business reported that Murren said MGM China’s profits would “more than double” once the new resort casino was up and running on the Cotai...
- Macau casinos continue to find ways around gaming table cap
December 22, 2012
Not all casinos in Macau will be ready to conform to the city’s partial smoking ban when it kicks in on New Year’s Day, according to Health Bureau director Lei Chin Ion. Just over half the city’s casinos have “yet to make some minor adjustments” necessary to comply with the...
- Macau set for big month; Government u-turn angers casinos; Aussie and Vietnamese team up
August 28, 2012
Macau is making strides towards its second best month on record. Investment banks Sterne Agee and Wells Fargo are both confident the enclave will hit something between MOP26.2billion and MOP 26.5billion in revenue for August. Sterne Agee’s David Bain wrote that the first 26 days of the month had reached...
- Macau table cap getting mythical; Estimates down at Bank of America; AERL want dual listing
August 23, 2012
Macau’s mythical table cap has become even less credible with news the government is changing the parameters. In order to allow more tables the Gaming Inspection and Coordination Bureau, according to Business Daily, have confirmed that any casino operating 20 poker tables in one area will see all 20 count...
- Macau could post loss; Table cap to be liberally enforced; Sands China broke the rules
July 31, 2012
Macau could post its first gross gaming revenue loss in over three years when results are announced tomorrow. Analysts from both Deutsche Bank and RBC made the projections in what has seen the month dictated to by a typhoon. Deutsche Bank analyst Carlo Santarelli’s investors note read that revenue for...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Execs to take on blockchain at iGaming Asia Congress 2017
March 21, 2017