FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
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
The Chief Executive (CE) Ho Iat Seng formally created yesterday the commission that is to be in charge of the public tender for the attribution
For Macau to bounce back to pre-Covid-19 pandemic levels and experience pent-up demand similar to Las Vegas when it reopened, it’s “either Covid goes away or zero-Covid
An analyst from a Chinese securities agency in Hong Kong has forecast that Macau’s July gross gaming revenue (GGR) will plunge to MOP100 million at
Several entities and experts have labelled this month as potentially the worst month on record for gross gaming revenue (GGR). The closure of
Casino giants are expecting Macau to record an unprecedented market rebound once Covid-19 restrictions are lifted. In an interview with American business media CNBC,
Sands China has entered into a loan agreement with its parent company, Las Vegas Sands (LVS), totaling USD1 billion and repayable on July 11, 2028.
As casinos closed for the first time in two years yesterday to curb the spread of infection, gaming operators saw their stocks plunge by up
International economic rating institution S&P Global Ratings expects that Macau’s 2022 end gross gambling revenue (GGR) will at most reach USD10.08 billion, several media report.
The gaming tender regulations released earlier this week hint that the awarding of new concessionaires will complete before the current gaming licenses expire on December
Wynn Macau Ltd has announced Linda Chen, current vice chairman and chief operating officer of Wynn Macau, as president of the company from March 2023, in a
In a recent set of executive regulations, the government has updated the stipulations regarding the bidding process for casino licenses in Macau. The set of
The current Covid-19 outbreak against which the city is waging war is set to lead to a negative EBITDA for casino operators in the second
The rules that will regulate the new public tender for the future gaming concessions are likely to be published this month, TDM Radio reported yesterday.
Macau's gaming revenues have fallen to a new low - since September 2020 - as the city faces its largest outbreak yet, after recording low
Gaming operator SJM Resorts SA is set to deliver another bonus for its employees as part of the casino industry’s customary annual stipend. Dubbed as
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