VIP system to “scale down” in coming years leaving base mass to lead Macau recovery: Credit Suisse

Suncity Group cites “high costs” and “lack of demand” as Australian VIP Clubs closed

A concerted tightening of regulatory controls against gambling by mainland Chinese authorities looks set to counter expectations of a VIP-led ...

Restrictions on use of Asian junkets could see Crown Resorts paid billions in compensation on casino license clause

by Newsdesk

21/09/2020

Australia’s Crown Resorts could be entitled to receive billions of dollars in compensation from the New South Wales state government ...

New urban plan to expand Macau tourism areas but casino activity to remain within current locations

Expenses down for Macau gaming sector in 2019 on lower purchases, commissions and rebates: DSEC

by Newsdesk

13/09/2020

Macau’s gaming sector spent less in 2019, with total expenditure dropping 6.7% for the year to MOP$117.79 billion (US$14.76 billion) ...

Suncity’s Hoiana positioned to achieve 70% of NagaCorp’s EBITDA once fully ramped: analyst

by Newsdesk

10/09/2020

Independent research firm Smartkarma has described the long-term prospects of Suncity’s Vietnam integrated resort project, Hoiana, as largely positive with ...

Crown Sydney to retain valuable sight lines after settlement with Infrastructure NSW

Former head of international VIP ops says Crown Resorts was “blinkered” by profits before 2016 arrests in mainland China

by Newsdesk

06/09/2020

The former head of Crown Resorts’ international VIP operations has told a state government inquiry into Crown’s suitability to hold ...

Tag: VIP