FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau, Friday, April 25, 2025
The Secretary for Security, Wong Sio Chak, has expressed concern about the potential closing of the so-called satellite casinos and is closely monitoring the situation.
MGM China Holdings Ltd. is reportedly in talks to secure a syndicated loan of approximately USD2 billion, marking its first such borrowing since the onset of
Thailand’s revised draft of the entertainment complex bill outlines strict conditions for the implementation of casinos, with local punters being required to have at least THB50 million
Wynn Resorts has announced a series of developments aimed at enhancing customer experience and driving visitation to its properties in Macau. As part
MGM Resorts has announced that total revenue for 2024 surpassed USD16.16 billion, marking a 6.7% increase over the previous year and setting a new all-time high
Citigroup has sharply reduced its 2025 growth forecast for Macau casino gross gaming revenue (GGR), citing disappointing Chinese New Year (CNY) gambling volume and the
The city’s casinos underperformed during the recent Chinese New Year (CNY) holiday, with daily gross gaming revenue (GGR) averaging MOP780 million. This represents
The number of suspicious transactions recorded in Macau’s casinos reached a new record in 2024, driven by the recovery of the economy and tourism.
Revenues of local casinos dropped by 5.6% in January, totaling MOP18.254 billion, according to data from the Gaming Inspection and Coordination Bureau. This figure contrasts
Macau's gross gaming revenue (GGR) is projected to grow by 8% in 2024, surpassing the government’s target for 2025, according to CreditSights. The Fitch Group
MGM, Melco, and SJM joined the previous announcements of Sands and Galaxy announcing their salary increments for their workers. As expected, the three local gaming
Analysts expect the local gaming industry to generate moderate revenue growth during the Lunar New Year (CNY) Spring Festival. In their most recent forecast,
Macau’s gaming operators reported a record 3,837 suspicious transaction reports (STRs) in 2024, an 11.8% increase from the previous year, according to the Financial Intelligence Office (GIF).
Star Entertainment’s financial woes have taken a curious turn as Macau-based businessman Xingchun Wang increased his stake in the company for the second time in a
Thailand’s Cabinet approved a draft bill yesterday to legalize casinos with the aim of boosting tourism and addressing a sluggish economy. Currently, some forms of
Casino gross gaming revenue (GGR) is expected to rise 6.6% year-over-year and 13.3% month-over-month in January, fueled by the upcoming Lunar New Year holiday, according to
Macau casinos closed the year with an accumulated gross gaming revenue (GGR) of MOP226.78 billion. The final figures released by the Gaming Inspection and Coordination Bureau
The gaming industry is witnessing the emergence of a new partnership model between gaming concessionaires and junkets. According to an interview with Ming Pao Hong
Millions of visitors from around the world flock to Macau each year, a city that has evolved from a quiet destination into the “Gambling Capital of the World.”
Gaming operators are seeing a mixed outlook ahead of President Xi Jinping’s upcoming visit, according to a note from Citi analysts George Choi and Timothy Chau. While
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