FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Macau's casino operators continued to see significant gains yesterday, following the Chinese government’s announcement of a major stimulus package to revitalize the economy. Shares
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
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
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.
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
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
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
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
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
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
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
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
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
The reduced timeframe of gaming concessionaires that was set at 10 years in the amended gaming law could deter investment – particularly in the second
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
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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