Police have disrupted a racket involving the use of China UnionPay terminals that made illegal cash transactions, the SMCP reports.
High-rollers are mustering up the courage to return to Macau casinos, a gaming expert told CNBC.
Grant Govertsen, MD at Union Gaming Group, says the winning streak for Macau's casinos is set to continue.
The gaming business in Macau depends on the condition of the Chinese economy and middle class, Melco International CEO Lawrence Ho says.
Lawrence Ho, Melco Crown Entertainment, talks about the impact of China's policies and growing middle class on the company's growth.
Chinese authorities are about to halve the amount of cash China UnionPay bank card holders can withdraw in Macau, the SCMP reports.
Las Vegas Sands, Restoration Hardware, and Aflac stocks are making headlines this Friday to wrap up the trading week.
The Monetary Authority of Macau said on Friday it would clarify its policy after a report it would limit certain ATM withdrawals sent casino shares tumbling.
Macau casino stocks dropped more than 10 percent during Thursday afternoon trade after ATM withdrawal limits were announced in the region.
CNBC's Dominic Chu reports that Macau's monetary authority may curb the amount of ATM withdrawals, according to the South China Morning Post.
Shares of Genting Singapore extended a more than month long rally as Japan took another step toward legalizing casinos.
Grant Govertsen, MD at Union Gaming Group, tells how new casinos in Macau contribute to growth.
L Catterton, the consumer-focused private equity fund, is counting on Asia for big opportunities.
Hong Kong signed the Transfer of Sentenced Persons Agreement with Britain a year after the 1997 handover, the SCMP reports.
The Genting Group is counting on its expertise in the integrated resorts space in its potential expansion to Japan.
While the gaming market in Macau has improved, valuations in the sector are a little stretched, says Nomura's Richard Huang.
Australian casino company Crown Resorts said no charges had been laid against 18 staff detained for alleged gambling crimes in China.
Xavier van Hove, investment director at GAM, discusses Burberry's second-quarter sales data, as well as the company's share price drop.
The drop in gaming shares after China's detention of employees of Crown Resorts may have opened up a buying opportunity for the sector.
Crown says it's been unable to speak to the workers, including the head of its international high-roller business.