Currency fluctuations and globe-trotters boost the personal luxury goods market, but real growth slows, says study

The worldwide luxury industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% year over year (at constant exchange rates), driven primarily by luxury cars (8%), luxury hospitality (7%) and fine arts (6%), according to the 14th edition of the Bain Luxury Study, published by Bain & Company for … Read more

Macau Legend to develop a 152,700 square-meters integrated resort in Cape Verde

Macau Legend announces MLD Cabo Verde Resorts. Cape Verde will have a 152,700 square-meters integrated resort and gaming facility complex. The project is located at an 119,200 square-meters land and sea areas and a 33,500 square-meters beach area at Praia, the capital city of Cape Verde, on Santiago Island. MLD Cabo Verde Resorts is build … Read more

Galaxy Macau expanding with the simultaneous opening of JW Marriott and The Ritz-Carlton Macau

JW Marriott Hotel Macau and The Ritz-Carlton Macau are the latest properties opened simultaneous in the thriving Special Administrative Region (S.A.R) of Macau in South China. The properties are located within one of the world’s most “spectacular” entertainment and leisure destinations – Galaxy Macau. Easily accessible by air, land and sea, 31 million tourists visited … Read more

How China’s Macau crackdown threatens big US casino moguls

Exclusive: Investigation reveals how gambling giants made billions against backdrop of triads, vice and corruption in ‘Vegas of the east’

Can Online Gaming Really Replicate a Lavish, High-end Gambling Experience?

While the value of the online gaming market is expected to reach a staggering $182.8 billion by the end of 2015, there remains some criticism surrounding the experience that it delivers. This is especially relevant when aimed at high-end gamblers, who historically would spend their time frequenting lavish bricks and mortar casino resorts in some … Read more

The world’s largest fleet of Rolls-Royce Phantoms

The world’s largest fleet of Rolls-Royce Phantoms added to Macau’s many distinctions.   The largest Rolls-Royce Phantom hotel fleet in the world can be found in Macau. Luxury entrepreneur Stephen Hung has purchased the largest Rolls-Royce Phantom fleet in the world, placing an order for 30 Bespoke Extended Wheelbase Phantoms for his Louis XIII hotel … Read more