11 satellite casinos are about to close completely: Macau's mainstream casinos welcome the "shift tide"

As the 11 satellite casinos in Macau are expected to close completely by the end of this year, the gambling industry is facing a "redistribution of customers." A group of gamblers, especially those from Hong Kong and local regulars who are accustomed to betting discreetly, will be forced to switch t

Can it be copied? How did Macau become the gambling capital of the world?

How does the City of Gambling Kings Make Money? Unveiling the Business Model of Macau Casinos

Asian Pioneer Entertainment (APE) announced a net profit of 3.8 million Hong Kong dollars for the fiscal year 2024.

Asia Pioneer Entertainment (APE) has turned a profit for the first time since the outbreak of the pandemic, mainly due to improved demand in Macau casinos.The company reported a net profit of HK$3.8 million for the fiscal year 2024, a significant improvement from a loss of HK$1.9 million in 2023. Re

Gambling City Whirlwind: Celebrities, Tycoons, and the Money Laundering Mystery Behind Casinos

Recently, a shocking rumor swept the internet: a top male celebrity was rumored to have gambled in a Macau casino for seven days, ultimately losing one billion in cash. This news quickly fermented, sparking heated discussions and even affecting the public image of the star.Eventually, authoritative

China's Ministry of Public Security shuts down 100 black-market banks, 846 individuals arrested

During a press briefing, on December 13, China's ministry officials announced that during the past year, its Ministry of Public Security has shut down 100 black-market banks so far this year and arrested 846 people in a crackdown on illegal money exchanges. China's police have conducted five operati

Macao's Transformation Underway! From the Capital of Casinos to a New Exploration of Diverse Development!