FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Paradise Entertainment Limited has announced it expects to return to profitability, driven by higher casino management and Live Multi-Game (LMG) revenues. According to the company’s preliminary review,
Macau’s six licensed gaming operators have seen a significant improvement in their gross gaming revenue (GGR) over the first couple weeks of August, according to a
Data from the first four days of the month indicates that gross gaming revenue (GGR) may reach MOP2.5 billion, representing a daily run-rate of MOP625 million,
Analysts expressed cautious optimism for August’s gross gaming revenues (GGR) after July’s figures fell short of expectations. The casino industry experienced a disappointing month
Macau's MGM China is set to launch its first significant poker tournament series, the “2024 MGM Poker Tournament Series,” from Sept. 3 to 15 at MGM
The growth of gaming revenue continued to be lackluster in July, falling short of analysts’ projections despite the popular summer travel season. This could signal
MGM China Holdings Limited has reported strong financial results for the second quarter of 2024, revealing a significant surge in net revenues as the company sets its sights
Macau is strategically positioning itself to capitalize on the potential opportunities arising from Thailand’s likely entry into the lucrative casino market, which is estimated to
Four of Macau’s six gaming operators are interested in investing in Thailand, according to a report from brokerage CLSA Ltd. The report suggested
The Gaming Inspection and Coordination Bureau (DICJ) has intensified its crackdown on unlicensed junket activities following recent casino inspections. Under Macau’s revised junket laws,
Phase 2 of The Londoner’s refurbishment involves the total closure of the Pacifica Casino and a reduction of around 52% in the quantity of room keys
The Vientiane Capital People’s Court of the Lao People’s Democratic Republic (Laos) has rejected the results of a lengthy process of international arbitration which, in
Casino gross gaming revenue (GGR) is expected to recover to between 75% and 80% of 2019 levels, or around USD28 billion, in 2024, according to a
CLSA Ltd has revised its forecast for the SAR’s gross gaming revenue (GGR) and earnings before interest, taxation, depreciation and amortization (EBITDA) for 2024 and 2025,
A new baccarat side bet option, known as “Small 6/Big 6,” has become prevalent in all of Macau’s concessionaires’ key properties, paying up to 50 times the
Despite concerns over Beijing’s intensified efforts to curb illicit cross-border capital flows, Macau’s premium mass gaming segment has continued to demonstrate remarkable resilience, according to
The earnings before interest, taxes, depreciation and amortization (EBITDA) for Macau’s gaming industry properties are expected to decline 4% in the second quarter of 2024.
Macau's June gross gaming revenue (GGR) fell 12.4% sequentially, impacted by a crackdown on illegal money exchange networks and the ongoing Euro 2024 soccer tournament, according
Macau’s casinos generated MOP17.69 billion in gross gaming revenue in June, up 16.4% from a year ago but down 12.4% from the previous month, according to figures
Macau's gross gaming revenues (GGR) have fallen to their lowest level in more than six months in June, with GGR for the first 23 days estimated at
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