Saturday, April 13, 2024

Tag: Macau’s Gaming Inspection and Coordination Bureau

Macau Roosevelt Hotel to host satellite casino

ICR - Macau Roosevelt Hotel
The DICJ in Macau is currently debating an application by SJM Holdings to move its casino to the forthcoming Macau Roosevelt hotel.   Stanley Ho Hung Sun-owned SJM Holdings is looking to move its casino from the grandstands of the Macau Jockey Club horse track to the soon-to-open Macau Roosevelt hotel, also located on the grounds of the same complex, according...

Proxy betting: a friend indeed for Asia

ICR - Proxy Betting Shaun McCamley
Shaun McCamley, Partner at Global Market Advisors LLC and Head of Asia Operations, discusses the growing significance of proxy betting revenues for Asia’s grey markets.   Proxy betting is booming in Asia’s grey markets, with live streaming of table games thought to be pulling in a chunk of Macau’s missing VIP billions. In early 2016, industry analysts estimated that proxy betting’s contribution...

Macau to rebound from consecutive decline

Macau GGR Wynn, Casino Review,
The world's largest gaming market seems to be settling into a new level of GGR. Another fall this month, yes, but the signals for Macau are pointing to a little more light on the horizon. A slowdown in the decline and a more bullish perspective from the marketplace hints at a possible turn in fortunes.   The gambling capital of the...