Tag Archives: Macau Casinos

Macau Casinos to Open on Thursday as Coronavirus Fear Levels Decrease

Coronavirus fear levels are decreasing, as it seems that the worst part is now behind us. It means that China can slowly start to restore the province of Hubei to its former state of affairs.  Yet, things still need to be kept under control heavily. Nevertheless, one of the areas that was mildly affected by …

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Macau One Step Away From Closing Casinos and Borders

The Chief Executive of Macau, Ho Iat Seng, ordered all 41 casinos that are located in Macau to stop all operations and shut down for a fortnight minimum. However, the shutdown might last longer if the situation requires so. Coronavirus Spreading Quickly The coronavirus is still spreading in mainland China very quickly, with thousands who …

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Profits of Wynn Resorts Casinos in Macau Continue to Drop

There is a big issue facing Macau, the one safe haven that gamblers have of playing legally in China, where the casinos have been seeing their profits drop drastically over the past several months. The diminishing profits is linked to the recent operations that the Chinese government conducted when trying to crack down on corruption. …

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Macau Casinos Cleared of $100M Money Laundering Accusation

A week ago, an investigation into the accused $100 million money laundering scandal in the Philippines, specifically targeting three casinos in Macau. This would be devastating to the economy as it seems that a large amount of money was funneled through the Rizal Commercial Banking Corp. (RCBC) and was allegedly used to “buy chips” or …

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