Casinos in Macau is in a difficult situation. However, it's getting worse and worse as its GGR continues to plunge. The year on year Gaming Gros Revenue fell 94.5% In July. Let's take a look at what's behind the terrible statistics over the current global disaster.
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Japan, Vietnam and the Philippines could all challenge for the casino throne in Asia, with the aim of rendering gambling in Macau a second choice for high-rollers. (Image credit: Matador Network) Despite experiencing a tumultuous economic period that lasted 26 months and only abated during the second half of 2016, Asia’s gambling hub has managed […]
Image credit: Tom Booth Years ago…and we mean years ago, when you used to think of casinos, you would automatically think of Las Vegas. However, the glitzy lights and ostentatious displays were replaced by another town that had a lot more to offer to the new breed of high rolling gamblers. “The Gambling Mecca of the […]
Image credit: Melco Entertainment Macau is currently in the process of reinvention as they aim to find new ways to battle current challenges in the economic climate. A number of casinos in the former Portuguese colony are looking at alternatives to casino gambling business, and are instead focusing on delivering more “family friendly” services. However, […]
With millions in their pockets, Chinese high rollers look to gamble only at the most exquisite casinos. The standard plan for high rollers normally involves staying in a fancy suite, making use of the special treatments offered by the hotel, and of course having an exclusive gambling adventure. But when it comes to gambling for […]
Despite millions being made on a daily basis, remarkably Macau casinos lose money. Las Vegas is one of the most iconic towns in the world, and that’s mainly due to its large casino business. It has maintained a reputation for being the most popular gambling hub, however for a decade now it has been playing […]
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