Casinos with results above gov’t expectations despite December’s ‘poor’ results

Macau casinos closed the year with an accumulated gross gaming revenue (GGR) of MOP226.78 billion. The final figures released by the Gaming Inspection and Coordination Bureau

New collaboration model between gaming ops, junkets

The gaming industry is witnessing the emergence of a new partnership model between gaming concessionaires and junkets. According to an interview with Ming Pao Hong

From sleepy monopoly to world’s biggest gaming market

Millions of visitors from around the world flock to Macau each year, a city that has evolved from a quiet destination into the “Gambling Capital of the World.”

Citi: mixed signals ahead of Xi’s visit

Gaming operators are seeing a mixed outlook ahead of President Xi Jinping’s upcoming visit, according to a note from Citi analysts George Choi and Timothy Chau. While

Another month, another record smashed for New Jersey internet gambling

New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside physical casinos continued to lag behind pre-pandemic levels at

Macau faces threat to economic dominance amid Thailand’s potential gaming legalization

Macau's casino-dependent economy could face significant challenges as Thailand moves to legalize gaming and Macau struggles to develop new non-gaming attractions, according to two industry

Study highlights city’s shift from gambling to cultural diversity

A recent study by researchers from Shenzhen Tourism College of Jinan University reveals a significant shift in Macau's tourism landscape. The city, known primarily as a gambling hub, is

Casino revenues up 15% to MOP18.44 billion in November

Local casinos’ gross gaming revenues (GGR) reached MOP18.438 billion last month the Gaming Inspection and Coordination Bureau has announced. The results, published yesterday, show

Gaming workers face increased stress: survey

The gaming industry is facing a rise in mental health issues among its workforce, according to a recent survey from the Macao Gaming Industry Employees Home

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

Despite casinos investing more in non-gaming sectors this year compared to 2023, the numbers are considered to be declining, according to industry expert Ben Lee. As

Jefferies projects strong revenue recovery amid economic optimism

Gaming analysts are reporting an improving economic outlook for the region as the local government has announced its expectations of a higher gross gaming revenue (GGR)

Citi: Operators accelerate rollout of smart gaming tables

Macau's gaming industry is undergoing a technological transformation, with a surge in the deployment of smart gaming tables across its gaming floors. Several operators have

SJM Holdings records strong third quarter financial results

SJM Holdings Limited has announced a significant financial turnaround for the third quarter of this year, reporting a net profit of HKD101 million, a recovery from

Pay stability for gaming workers amid employment shifts

Macau's gaming industry workers are enjoying stable salaries, with a median monthly income of MOP21,000 reported in the third quarter This figure remains unchanged from the

Operators report a more favorable environment, competition remains fierce

Macau's gaming operators have broadly described the city’s competitive promotional environment as improving, even as competition between the six concessionaires remains fierce, according to recent

Ongoing developments at Galaxy, Q3 revenue increases 11%

Galaxy Entertainment Group (GEG) announced in its recent financial results that it is implementing “ongoing progressive enhancements” to its resorts to maintain their market competitiveness and attractiveness

Wynn expands premium gaming areas as part of capex efforts

Wynn Resorts is expanding its premium gaming areas in a move to drive share gains in a market. During the company’s third-quarter earnings call, CEO

October gaming revenue hits record high

Gaming revenue soared in October, marking a 6.6% year-on-year increase, thanks to a surge in visitors during China’s Golden Week holiday, the Gaming Inspection and Coordination Bureau revealed late

Macau gaming revenue hits record high in October

Macau’s gaming revenue soared in October, marking a 6.6% year-on-year increase, thanks to a surge in visitors during China’s Golden Week holiday, the Gaming Inspection and Coordination Bureau revealed today (Friday).

MGM launches major upgrades at resorts to strengthen market position

MGM China is embarking on a series of significant upgrade initiatives across its two integrated resorts in Macau, aiming to solidify its market share in

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