FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
As part of a push into premium mass gaming that has doubled the company’s market share since pre-COVID levels, MGM Resorts International plans to launch
The company Success Universe Group Limited, behind a now-shuttered satellite casino at Ponte 16 in Macau, has told the market it anticipates ending 2025 at
Wynn Resorts has resumed construction of its luxury resort in Ras Al Khaimah, UAE. Earlier this month, following Iranian attacks on UAE sites including Dubai
Citigroup analysts described Macau’s gaming industry as off to a “solid start” in early March, with the bank estimating gross gaming revenue (GGR) reaching “circa MOP5.65
SJM Holdings Limited reported a HKD429 million net loss for 2025, a stark turnaround from a HKD3 million profit the prior year, as the casino
The German multinational investment bank and financial services company Deutsche Bank currently forecasts that local casinos’ gross gaming revenue (GGR) for the first quarter (Q1)
Despite record-high visitor arrivals in February, a month that also coincided with the peak Chinese New Year (CNY) travel season, monthly gross gaming revenue (GGR) showed
Galaxy Entertainment Group (GEG) reported its 2025 full-year results yesterday, with adjusted EBITDA rising 19% to HKD14.5 billion (USD1.86 billion) and net profit attributable to
Citigroup forecasts February gross gaming revenue at MOP20 billion, up 1% year-on-year, fueled by a 17% surge in Chinese New Year wagers, according to its latest
Macau's live poker landscape recently took another hit with Wynn Macau’s quiet closure of its dedicated Texas Hold’em room. The room was reportedly vacant in
Gaming concessionaires Galaxy, Melco, and SJM received official authorization yesterday to continue operating currency exchange services within their casino premises, according to executive orders published in
Casinos in Macau posted gross gaming revenue of MOP22.63 billion (USD2.82 billion) in January, up 24% from MOP18.25 billion a year earlier, yet the mass-market segment shows
Fitch Ratings has upgraded Las Vegas Sands Corp. and its subsidiaries’ issuer default ratings to “BBB” from a lower tier, citing strong performance in Singapore
Deutsche Bank predicts that Macau’s gross gaming revenue (GGR) will reach USD2.79 billion (MOP22.54 billion) in February, a 12.8% year-on-year increase that surpasses consensus estimates of 11.5%
Casinos generated MOP22.6 billion (USD2.8 billion) in gross gaming revenue (GGR) last month. This is the second time since the pandemic that records
Las Vegas Sands Corp. expressed disappointment yesterday with its Macau portfolio’s fourth-quarter EBITDA of USD608 million, citing a 390-basis-point sequential drop in margins to 28.9% after
JP Morgan estimated Macau’s gross gaming revenue (GGR) at MOP 17.8 billion for the first 25 days of January, citing its own channel checks. Analysts DS
Jefferies analysts project Macau’s gross gaming revenue to rise by 5.3% in 2026 to MOP260.6 billion, following 2025’s full-year result of MOP247.4 billion, up 9.1%
Citigroup’s January table survey shows a 72.3% year-over-year surge in betting volume by “multiple huge whales” across Macau’s casinos. The findings come even as JP
Macau's casinos reported 6.1% fewer suspicious transactions in 2025 compared with 2024, signaling tighter compliance in the world’s largest gambling hub. The Financial Intelligence Office
Analysts at JPMorgan Investment Bank estimate that the local gaming industry generated just over MOP8 billion in the first 11 days of this year. According
Gaming concessionaires Galaxy Entertainment Group (GEG) and Wynn Macau have announced a 2026 salary update for all eligible team members at the senior manager grade and
Sands China and SJM Resorts announced discretionary bonuses for 2025, completing pledges from all six casino operators in Macau. The special one-month bonus statements follow
Melco Resorts & Entertainment, Wynn Macau, and MGM China Holdings have joined Galaxy Entertainment Group (GEG) in granting a special one-month bonus to eligible employees,
SJM Holdings Ltd. is expected to hold onto at least half the market share from its shuttered satellite casinos through resource shifts and marketing gains
Macau's gross gaming revenue is forecast to rise 5-6% in 2026 on strength in the mass and slot markets, JP Morgan analysts said in a new
The local casino industry closed out 2025 with total gross gaming revenue (GGR) of MOP247.4 billion. The final figure confirms the forecast made by
Morgan Stanley downgraded MGM China Holdings to “equal-weight” from “overweight”, while upgrading Galaxy Entertainment Group to “overweight,” warning that surging royalty payments will erode MGM’s
SJM Resorts, S.A. has secured Macao SAR Government approval to directly manage Casino L’Arc Macau starting at 2 a.m. on Tuesday, Dec. 30. The move
Macau's average daily gaming revenue fell to MOP650 million last week, driven by lower VIP room win rates, signaling a slight slowdown in the city’s casino
Chief Executive Sam Hou Fai said yesterday that the closure of satellite casinos is part of the government’s efforts to ensure the gaming industry develops in
Macau's concessionaires appear to be cutting minimum bets in mass-market baccarat to capture business from the city’s now-defunct satellite casinos, according to a Citigroup survey that
In a landslide vote at an extraordinary general meeting (EGM) yesterday morning, shareholders of SJM Holdings Ltd. greenlit the HKD1.75 billion (USD 224 million) acquisition
Macau's last remaining satellite casino, Casino Landmark, will cease operations at 11:59 p.m. on December 30, SJM Resorts S.A. announced yesterday. This closure
Macau’s last remaining satellite casino, Casino Landmark, will cease operations at 11:59 p.m. on December 30, SJM Resorts S.A. announced yesterday. This closure
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