Billionaire right-wing patron Adelson buried in Jerusalem

Sheldon Adelson, the billionaire casino magnate who made prolific donations to right-wing politicians and causes in the United States and Israel, was laid to rest in Jerusalem on Friday. Adelson, a

Gaming | Morgan Stanley projects casino EBITDA up to 140% in Q4 versus Q1

The casino industry’s earnings before interest, taxation, depreciation and amortization (EBITDA) in Macau in the fourth quarter (Q4) of 2020 is forecast to increase by a whopping 140% from the

In Memoriam – Sheldon Adelson

Sheldon Adelson was a visionary in many ways. He was the first one to realize that there was room in Las Vegas for a privately-owned large convention center, and the first

Gaming | Melco’s earnings to worsen in 2021: Moody’s

Moody’s Investors Service Inc has stated that the business performance of Melco Resorts and Entertainment Ltd is forecast to go downhill in 2021, mainly undermined by its worsened ratio of

5.92 million | 2020 visitor numbers show how city was hard hit by Covid-19

Macau tourist arrivals in 2020 plummeted to 5.92 million, a far cry from the visitor numbers in 2019, representing an 85% year-on-year decline. Last year, the city reached the officials’ expectations

Q4 tourist price index down 15.2% year-on-year

Macau’s Tourist Price Index (TPI) for the fourth quarter (Q4) of 2020 dropped by 15.26%, year-on-year to 118.21, mainly driven by the reduced prices of hotel rooms and clothing, according

Operators within airport encourage staff to be tested for Covid-19

Companies operating within the premises of the Macau International Airport (MIA) are encouraging their staff members to be tested or re-tested for Covid-19, the Times learned from a source within

Portuguese in HK unhappy with exclusion from voting on presidential election

Portuguese nationals residing in the neighboring region of Hong Kong (HK) are disgruntled with the fact that they will not be able to cast their votes for Portugal’s 2021 presidential

New road link in Taipa opens to traffic

  A new road link in Taipa opened to traffic yesterday, providing an alternative for those traveling from the Avenida Marginal Flor de Lótus to access the Avenida dos Jogos da

Survey shows stable performances of gaming staff

The annual survey of casino resort staff performance showed that they have demonstrated steady performance, as the Gaming Service Index (GSI) in 2020 increased slightly, rising by 1.28% compared to

Locals invited to pick ‘excellent services’ for new Macau award

A new award, named the Macau Service Excellence Award, will be given to celebrate local efforts for improvement amid the impact of the Covid-19 pandemic, and invites the local population

G2E Asia to be held in August

  Global Gaming Expo (G2E) Asia will return to the Venetian Macao from August 17 to 19. Traditionally held in May, organizers said that the August convening will allow exhibitors and

WHO team arrives in Wuhan to investigate pandemic origins

A global team of researchers arrived today (Thursday) in the Chinese city where the coronavirus pandemic was first detected to conduct a politically sensitive investigation into its origins amid uncertainty

Adelson’s empire passes to widow, lieutenant in charge

Robert Goldstein had just been offered a good job to run a casino in Atlantic City, New Jersey, when Sheldon Adelson called to pitch him on a new opportunity. Over Chinese

Higher odds for Sands to venture into online gambling

Las Vegas Sands Corp (LVS), the parent company of Sands China Ltd, may venture into sports betting — an arena its founder and CEO Sheldon Adelson who passed away at

Esports unregulated due to ‘fear of the unknown’

Activities involving esports and consequently betting on esports lack regulatory frameworks in many jurisdictions mostly due to “fear of the unknown,” said Chris Kissack, head of esports for Digital Isle

Real estate | JLL optimistic about 2021 market despite unemployment rate

International real property management firm and agency JLL’s Macau office announced at a press conference yesterday that its outlook for the city’s recovery is positive, despite estimating that about half

Crime | PJ arrests four for counterfeit casino chip scam

Four local men were arrested by the Judiciary Police (PJ) and are suspected of being involved in a scam that involves HKD1.5 million in counterfeit casino chips, a PJ spokesperson

Macau, Zhuhai collaborate to defend rights of property-buyers from SAR

  Consumer rights groups in Macau and Zhuhai have come to a consensus about building a joint prevention and control mechanism for Macau residents purchasing real properties in Zhuhai. The Consumer Council

MGTO lowers tourist arrival expectations following mainland travel warnings

The local government has adjusted its predictions for tourist arrival numbers during the upcoming Chinese New Year holiday as a result of mainland China issuing travel warnings to its citizens. Yesterday,

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