Tag: gaming casino
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Casinos extend recovery with GGR surging 15% to MOP22.6b
The casino industry extended its recovery in March, with gross gaming revenue (GGR) climbing 15% year-on-year to MOP22.61 billion (USD2.80 billion), according to figures released by ... -
Gaming offenses soar nearly 67% in first half of 2025
The overall crime rate in the city decreased by 6.4% in the first half of 2025, while gaming-related crimes saw a sharp increase of 66.8%, according ... -
Casino revenue rises 4.4% in first half; June may be best month yet for daily GGR
The local gaming industry closed the first half (1H) of this year with results that surpassed those of 2024 by 4.4%, according to official data from ... -
Casinos see shares rise after Beijing’s stimulus
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 of the ... -
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 to ... -
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 said ... -
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. The US-based ... -
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 research ... -
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 answer ... -
‘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 answer ... -
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 the ... -
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 half ... -
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 ...
