Macau’s gaming revenue falls 94.5% as visa ban thwarts recovery

Macau gaming revenue plunged by more than 90% for a fourth straight month, as China’s ban on tourist visas continued to deprive the gambling hub of its biggest source of

Casino shares jump after China lifts quarantine rules for Macau

Shares of Las Vegas Sands Corp., Wynn Resorts Ltd. and other global casino companies rallied today (Monday) after prospects brightened for Macau, the world’s largest gambling hub. Macau’s neighboring Chinese

Late King of Gambling Stanley Ho draws tributes from Xi Jinping, Hong Kong bigwigs

Hong Kong’s biggest names came out to say goodbye to Stanley Ho, the King of Gambling, marking the end of an era. But the most powerful presence at the funeral

Macau officials quarantined after attending Stanley Ho funeral in Hong Kong

Edmund Ho, Vice-Chairman of the Chinese People’s Political Consultative Conference, and Lei Wai Nong, Secretary for Economy and Finance, will both be undergoing mandatory quarantine for 14 days when they

Personalities, top officials gather for Stanley Ho funeral

Macau’s Secretary for Economy and Finance Lei Wai Nong and former Chief Executive Edmund Ho were among the Macau delegation attending the vigil for casino legend Stanley Ho, held yesterday

June gaming revenue to show another deep plunge

Macau casinos’ June gaming revenue is expected to plunge by more than 90% for the third straight month, as China’s border curbs imposed during the coronavirus outbreak continue to hurt

Gaming | Suncity’s Hoiana project open for preview Sunday

The Hoiana integrated resort project is set to open for preview on Sunday. Dubbed Vietnam’s first integrated resort, the project is partly owned by the Hong Kong-based Suncity Group Holdings, together

Melco suspends and revamps House of Dancing Water show

Melco Resorts & Entertainment announced its House of Dancing Water show at the City of Dreams Cotai property will be suspended starting from today (Thursday) to January next year to be

Death of King of Gambling gives empire reins to daughter Pansy

About an hour after the death of Stanley Ho, the billionaire who built the Chinese territory of Macau into the world’s biggest gambling hub, his large clan gathered in

Editorial | Uncle Stanley

Stanley Ho has been a household name in Macau and East Asia for seven decades. His trade: gambling, although, as the legend goes, he never gambled himself and would always

Larger than life; the passing of a legend

At 98-years, Stanley Ho passed away in Hong Kong yesterday, not living long enough to see the opening of the last property of the empire he helped to build, the

Stanley Ho, the ‘King of Gambling’ dies at 98

Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday (May 26) at

‘Step-down is according to the original plan,’ gaming inspection chief says

The step-down from the post of director of the Gaming Inspection and Coordination Bureau (DICJ) by Paulo Martins Chan was expected and done according to the original plan, the director

Grant Bowie resigns from MGM China top posts

MGM China has announced today (Monday) that Grant Bowie will retire from the position of Chief Executive Officer, effective May 31. In a filing with the Hong Kong Stock Exchange, the

Las Vegas | Adelson’s casinos stay open in city divided over virus

MGM Resorts International and Wynn Resorts Ltd. both announced over the weekend that they were closing their Las Vegas casinos until the coronavirus threat passes. But not the giant Venetian

Macau gaming revenue suffers record plunge from virus blow

Gross gaming revenue was 3.1 billion patacas ($386.5 million) in February, down 87.8% from a year earlier, according to data from the Gaming Inspection & Coordination Bureau. In a survey,

Gaming | Epidemic outbreak the ‘most difficult’ time in a decade

The gaming industry is expected to enter a “difficult time” if travel restrictions among tourists from mainland China persist, according to Sands China President Wilfred Wong. Though Sands China is gradually

29 Macau casinos to reopen at midnight

Twenty-nine Macau casinos will reopen at midnight, the government confirmed earlier, while a further 12 will make use of the extension period offered by the Secretary for Economy and Finance

Casinos confirm phased openings only

Macau casino operators plan to open in phases once the casino suspension order expires at midnight on Thursday, the Times has learned. It remains unclear whether any of the six

Casinos to reopen Thursday

Macau casinos will reopen to the public on Thursday midnight, as previously indicated by the government. That is according to a dispatch published today in the government’s Official Gazette, which affirms

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