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
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
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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
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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