FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
SJM Resorts managing director Daisy Ho has acquired a 10% stake in the company after assuming Angela Leong’s former role amid management changes – a
September has been another bleak month for the city’s casinos as revenues plunged 49.6% year-on-year to MOP2.96 billion, another blow to the sector as China’s
Daisy Ho has been appointed managing director (“administradora-delegada”) of SJM Resorts, S.A., amid the ongoing tender selection process regarding who will be awarded the 10-year
UBS analyst Angus Chan is estimating that the city’s mass gross gaming revenue (GGR) will reach 40% of pre-pandemic levels in the fourth quarter.
Brokerage firm Morgan Stanley observed that the recovery of the local gaming sector may only be seen by 2024, despite the long-awaited announcement of group visa reinstatements.
Gaming shares soared yesterday, the highest surge recorded in six months following a long- awaited announcement that will bring an end to the tourism drought that
Chief Executive Ho Iat Seng expressed his belief that gambling concessionaires “know better than the government” about the outlook on tourist arrival numbers. His remark
The committee for the gaming tender bids is set to meet with the seven companies competing for the six concessions from next week, when competitors present their proposals
Genting's bid in the gaming tender may be a way to partner itself to an incumbent gaming operator in financial turmoil, according to a note issued
New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from
Gaming operator, Wynn Macau, submitted its tender to the government for a 10-year casino concession yesterday, one day ahead of the deadline. The gaming
Crown Resorts’ new chief executive Ciaran Carruthers said the Australian casino giant is not banking on Chinese high rollers returning to Australia to boost its bottom
Macau's gross gaming revenue fell to MOP2.19 billion in August, a plunge of 50.7% year-on-year, as the city struggles with the aftermath of its largest outbreak
Weeks before the deadline to submit a bid for the gaming tender (September 14), Wilfred Wong is optimistic about Sands China Limited (SCL) being able to
The maximum number of gaming tables for all casinos in the city is capped at 6,000, while gaming machines have a maximum of 12,000 from
A gaming operator is reportedly planning to increase its revenue shares from satellite casinos by 5%, according to media reports, amid the public tender for a new gaming
MGM China is set to pump USD594 million into its Macau casino operator as the company prepares to bid for a new license amid the law overhaul.
The gaming sector may only see steady recovery in 2023, says investment banking company Jefferies Group, as all gaming operators have reported revenue losses of
Heightened border restrictions in Macau and mainland China related to Covid-19 have dealt a blow to gaming operator Melco Resorts & Entertainment Limited as its
Galaxy Entertainment Group (GEG) recorded a net revenue of HKD2.4 billion in the second quarter, down 56% year-on-year and down 41% quarter-on-quarter. According to its
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