Government extends gaming concessions for SJM and MGM China to 2022, casino shares jump on news

The Macau government has extended gaming concessions for MGM China and SJM Holdings until 2022, bringing them on par with other operators, local authorities announced early today (Friday). The government said

Sands-Macau dealmaker Suen settle 15-year case

LAS VEGAS (AP) — A settlement today (Macau time) ended a 15-year breach-of-contract battle between Las Vegas Sands Corp. and a Hong Kong businessman who helped the U.S. company open

Stanley Ho admitted to emergency room in HK – media report

Due to his fragile health condition Ho, 97, has been hospitalized with the report indicating that his health got worse at around 6:00 p.m. Friday. Despite initial treatment, some “organ

First Macau gaming revenue drop since 2016: China slowdown to blame

Monthly casino revenue in Macau fell for the first time in more than two years as China’s weakening economy kept high rollers away from the city, according to data published

Macau’s casinos face dimmer prospects for October Golden Week holiday

Macau’s casinos face dimmer prospects for the upcoming Golden Week holiday as the slowing Chinese economy and trade war with the U.S. hang over the world’s biggest gambling hub. About 40

Gaming revenue jumps 27.6 pct in April, beats forecast

Macau gambling revenue surged 27.6 percent last month and beat analyst forecasts, helped by solid demand from mainland Chinese punters, official data showed today (Tuesday). It's the 21st month of consecutive

Galaxy to buy Wynn stake in move that could reshape Macau 

Galaxy Entertainment Group. Ltd. agreed to buy a stake in Wynn Resorts Ltd., in a surprise move linking two of the biggest operators in Macau and Las Vegas that could

Breaking News: Wynn accused of rape in new police filings

LAS VEGAS — A woman told police she had a child with casino mogul Steve Wynn after he raped her, while another reported she was forced to resign from a

Breaking News: Steve Wynn resigns amid sex misconduct claims

Casino mogul Steve Wynn resigned today as chairman and CEO of Wynn Resorts amid sexual misconduct allegations. The Las Vegas-based company in a statement said Wynn's resignation was effective immediately.

Wynn Resorts shaken by misconduct claims against founder

DAMIAN J. TROISE, NEW YORK (AP) Wynn Resorts is denying multiple allegations of sexual harassment and assault by founder Steve Wynn detailed in a Wall Street Journal report that sent shares

Baccarat binge helped launder the world’s biggest cyber-heist

For someone supposed to be laundering millions of dollars in stolen funds, with investigators from three countries scrambling to track the money, Ding Zhize was a surprisingly unhurried

Q&A | Grant Bowie CEO, MGM: Event will have ‘activities year-long that celebrate different components of Macau’

Macau Daily Times (MDT) - Why does MGM want to be the title sponsor of the Trail- Hiker? Grant Bowie (GB) - I think this opportunity

Up 7.4pct: Macau gaming revenue growth beats estimates as new resorts open in Cotai

Macau’s gaming revenue swelled more than estimated in September, with new casino projects from the local units of Las Vegas Sands Corp. and Wynn Resorts Ltd. helping draw recreational gamblers. Gross

Taipei police officers suspects in MOP1b investment scam involving Galaxy casino

A Taipei court this week ordered the city's Investigation Bureau's Office to pursue their probe into police officers in the Greater Taipei area who are potential suspects in an investment scam involving

Preview, review & interview | Now you see Macau, Now you don’t

Macau features for a good 45 minutes in the plot of blockbuster Hollywood sequel “Now You See Me 2,” and it takes a central role in the action. As in any

Exclusive | Now you see Macau, now you don’t

  Interviews with actors Lizzy Caplan, Jesse Eisenberg, director Jon M. Chu and producer Bobby Cohen   DOWNLOAD

Gaming: Mid-term report focused on need to diversify, regulate junkets

  The report on the mid-term review of the city’s gaming industry was released today (Wednesday), with a focus on the efforts made by gaming operators to add non-gaming

Vertical and horizontal careers at Sands China | From dealer to handyman

Just ahead of Labor Day, Macau Daily Times was given a rare insight into what is going on behind those paper walls of Venice, Cotai – where, among other career

António Ramirez | ‘First we look at Sands, then Macau’

MDT - With new properties on the horizon, do you think there will be an HR war for local human capital? AR - Listen, the Macau market has 1.7 percent unemployment

Taiwanese businessman billions lawsuit against LVS is going to trial – Macau court

A Macau court has ruled that Asian American, a former business partner of Las Vegas Sands, can proceed with a lawsuit seeking billions of dollars in damages for breaking the terms of

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