Casinos expected to close March with receipts of MOP19 billion

Local casinos are anticipated to close this month with earnings ranging between MOP19 to 19.5 billion, Citigroup and JP Morgan said in separate statements. According

Gaming credit bill expected for final vote in April

The casino credit bill currently under discussion at a parliamentary committee is expected to undergo its second reading next month, committee president Chan Chak Mo

Sands confidence in further growth

Las Vegas Sands has set its sights on further growth in Macau, after its success in the region drove revenue up to USD10.38 billion.

CICC projects gaming sector to recover 77% pre-pandemic levels

Investment bank CICC remained bullish on Macau’s gaming industry, expecting the sector to recover to 77% of pre-pandemic gross gaming revenue (GGR) levels. In a

Gaming-related crime high as expected

Crimes related to the gaming industry have significantly increased as expected, the Secretary for Security, Wong Sio Chak, noted during yesterday’s release of Macau’s crime statistics

New gaming law analysis to end Jun. 10

There is already a date and time set for the signing of the final opinion of the Second Standing Committee of the Legislative Assembly (AL) on

No changes to tables and machines allocation

During the press briefing of the Second Standing Committee of the Legislative Assembly (AL), committee president Chan Chak Mo took the opportunity to clarify some information

Casinos ‘running low’ on cash: Morgan Stanley

Gaming operators in the city are “running low” on cash, reporting USD800 million (MOP6.4 billion) in losses per quarter, according to a report issued by Morgan

Macau gaming firms’ involvement in Vladivostok casinos a risk factor: Vickers

In the wake of Russia’s invasion of Ukraine and amid Beijing’s refusal to condemn the invasion, the state of China and U.S. relations remains in a

‘Satellite casino’ still core of debate at parliament

The Standing Committee of the Legislative Assembly (AL) yesterday had their meeting on the amendment bill to the gamling law with government officials present to

‘Satellite casino’ still core of debate at parliament

The Standing Committee of the Legislative Assembly (AL) yesterday had their meeting on the amendment bill to the gamling law with government officials present to

Cloee Chao: Yellow health code casino staff forced to take unpaid leave

A number of employees of gaming operators were allegedly forced to take unpaid leave due to their yellow health code status. Yesterday, the president of

Gaming | SVA warns new law could deter investment amid heightened national security emphasis

The reduced timeframe of gaming concessionaires that was set at 10 years in the amended gaming law could deter investment – particularly in the second

New Gaming Law | Junkets permitted if attached to a single-concessionaire

Gaming promoters (junkets) will be able to continue to operate in the local gaming industry as long as they are attached to a single concessionaire, the

Casino crash – Gaming revenue may fall 23 pct or more

Macau casinos revenue in October may fall more than 23 percent, suggests data compiled by MDT/Lusa, taking into account the revenue registered by SJM and MGM China. According to this data,

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