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
Gaming tycoon Davin Chow Kam Fai has resigned from the board of Macau Legend Development Ltd, a firm he co-founded in 2006. According to a
The infamous Article 56 of the new law to regulate casino activities, also called the “junkets bill,” has been dropped from the bill’s final version
A revised version of the bill which regulates casino operations and is part of the package of new gaming laws provides that casino concessionaires may take
Casino operator Wynn Resorts has pledged to boost the concerted effort to diversify the city’s market, according to an approved landmark casino bill that also
MGM China’s operations were affected by travel restrictions in the region due to the Covid-19 outbreaks that occurred in Macau and neighboring regions. Public health
SJM Holdings Limited has come to an agreement with its controlling shareholder, Sociedade de Turismo e Diversões de Macau, S.A. (STDM) for an unsecured term loan of HKD2
Melco Resorts & Entertainment is reportedly considering relocating its headquarters to Macau following reports that the U.S. is set to delist about 200 Chinese and Hong
In the first half of 2022, SJM Holdings, parent company of casino operator SJM Resorts, S.A. (SJM), recorded a loss of HKD1,176 million in adjusted EDITDA,
The casino sector has suffered its worst month as gaming revenues tumbled 95% year-on-year in July due to the largest flare-up in Covid-19 cases the city
The president of the new Commission for Gaming Licenses Tender and Secretary for Administration and Justice, André Cheong, said that Macau is to enter a
Today the international public tender for the issuing of the new licenses to operate casinos in Macau has officially started and will take place until September
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