FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Sheng Kung Hui’s 24-hour gambling counseling hotline and online counseling has recorded 1,007 cases of distress, a year-on-year increase of 4%, of which tourists accounted
Macau casino operator SJM Holdings has announced two separate agreements to acquire subsidiaries of its parent company, Sociedade de Turismo e Diversões de Macau SA (STDM),
Macau's casino gross gaming revenue (GGR) is estimated to have reached MOP20.50 billion in May, according to a memo from Citigroup. This revised estimate is
The gaming industry accounted for 36.2% of Macau’s gross domestic product in 2023, meeting economic diversification targets, according to Chief Executive Ho Iat Seng, speaking at a
Macau's daily gross gaming revenue (GGR) declined from an estimated MOP910 million during the Labor Day Golden Week to MOPD578 million in the seven days
Gaming operator Galaxy Entertainment Group (GEG) recorded a net revenue of HKD10.6 billion, marking a 50% year-on-year increase and a 2% quarter-on-quarter rise. In a
Macau casino operators’ shares surged yesterday after China announced an expansion of its individual travel visa scheme to include eight additional mainland cities, a move that
SJM Holdings saw a significant increase of 74.5% in its net gaming revenue, amounting to HKD6.46 billion. In an announcement, the gaming operator highlighted
Wynn Macau Ltd. reported a 14.3% increase in adjusted property earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs (EBITDAR) in the first quarter of
For the first time ever, the top player in Macau’s premium mass gaming rooms during the Golden Week holiday period was not Chinese. According to a
MGM China Holdings Limited has reported record-breaking financial results for the first quarter of 2024, outperforming the industry’s recovery in Macau. The casino operator saw
“The 1.7% sequential contraction per day was better than historical trends, as the average sequential decline in April, relative to March, over the 2013 to
Melco Resorts & Entertainment Limited is working with John Keells Group in Sri Lanka to develop a groundbreaking integrated resort in central Colombo, with an
The casino industry in Macau is set to benefit from the Chinese government’s decision to launch a multi-entry visa for tour groups between Macau and
Malaysia has engaged in preliminary talks with billionaires to open a casino in the USD100 billion Forest City development near Singapore, according to sources who
Morgan Stanley has forecast gross gaming revenue (GGR) for Macau’s upcoming May Day Golden Week could reach between MOP800 to 850 million per day, translating to
Investment bank Morgan Stanley has issued a research report lowering its forecast for Sands China Ltd., citing a decline in the casino operator’s mass market share
Significant renovation projects are underway at Sheraton Grand Macao and The Londoner Macao, with Sands China announcing the second casino at The Londoner Macao will undergo
VIP baccarat revenue in Macau for the first quarter of 2024 reached approximately MOP14.38 billion, according to data from the Gaming Inspection and Coordination Bureau (DICJ).
Business trends in the Macau gaming sector appear to be resilient in April, according to a recent memo from Citigroup, “We won’t be surprised if Macau’s gross
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