Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Casinos in Macau, the Vegas of the East, have managed to renew crucial gaming licenses. But there's a hefty catch — they need to pump in $15 billion into non-gaming sectors.

Por: Business Insider Entertainment December 19, 2022

thumbnail

Casinos in Macau, also known as the Las Vegas of Asia, are starting their end of the year celebrations early this year — their casino licenses have just been renewed after a , easing investor fears about the future of the businesses.But there's a catch — they need to diversify their offerings away from gambling, at a hefty price tag. Six casino operators — Sands China, Wynn Macau, Galaxy Entertainment, MGM China, Melco Resorts, and... + full article



Similar News

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

ABC News USA Business November 26, 2022

thumbnailBEIJING -- Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday.The announcement is... + más

Judge ends lobbying suit against casino developer Steve Wynn | Associated Press

Macao awards casino licenses to MGM, Sands, Wynn, 3 others | Associated Press


Macao awards casino licenses to MGM, Sands, Wynn, 3 others

Associated Press USA Life November 26, 2022

thumbnailBEIJING (AP) — Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday.The announcement is... + más

Judge ends lobbying suit against casino developer Steve Wynn | Associated Press

Macao awards casino licenses to MGM, Sands, Wynn, 3 others | The Boston Globe


New York issues first retail cannabis licenses to business owners with a past conviction in a first for the sector

MarketWatch USA Business November 21, 2022

thumbnailIn an attempt to compensate victims of the War on Drugs, the Cannabis Control Board awarded 28 licenses to business owners with cannabis convictions or family members with cannabis infractions. The board awarded another eight licenses to non-profits with a history of serving... + más

Report: Cannabis Ranks The 6th Most Valuable Crop In The U.S. | Forbes

California wildfires threaten nearly all of state's cannabis crops | Newsweek


Macau, the Gambling Capital of the World, Gets a China-Backed Makeover

Time USA World November 04, 2022

thumbnailAlthough the lights are still on along the popular Cotai strip, the throngs of people that used to pour in and out of Macau’s many hotels and casinos are no longer there. In the gambling capital of the world, many tables today sit empty, with entire sections of some casinos... + más

As streamers threaten boycott, Twitch takes action on some gambling content | Ars Technica

Addiction experts fear the fallout if California voters legalize sports betting | Los Angeles Times


Most Louisiana casinos are technically 'boats.' Here's why some are moving onto land.

The Advocate USA Business October 23, 2022

thumbnailOn Tuesday, the Treasure Chest floating casino in Kenner broke ground on a $100 million development that will .It's a move that would have been illegal until just a few years ago, when Louisiana legislators eased up on the law mandating that all but one casino in the state... + más

Execs: US casinos learned some useful lessons from pandemic | ABC News

Execs: US casinos learned some useful lessons from pandemic | ABC News


The Big Gamble: Inside The Battle to Operate A Casino In New York City

Forbes USA Life October 06, 2022

thumbnailHelluva Town: MGM, which operates the New York New York casino in Las Vegas, is expected to receive one of the licenses for the actual city. Carol M. Highsmith/Buyenlarge/Getty Images Meet the billionaires and real estate developers vying for one of New York’s three new gaming... + más

Belle of Baton Rouge casino reopens with new players club, management system | The Advocate

Smoking ban talk nixed, but workers get loud outside casino | ABC News


NJ casino, online, sports betting revenue up 10% in August

Associated Press USA Tech September 19, 2022

thumbnailATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in August, up more than 10% from a year earlier, according to figures released Friday by state... + más

NJ casino, online, sports betting revenue up 10% in August | ABC News

Belle of Baton Rouge casino plans $35 million move onto land, will create 200 jobs | The Advocate



About iurex | Privacy Policy | Disclaimer |