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
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
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