FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Visitation numbers to Macau have picked up since China eased its zero-Covid policy on Jan. 8, although Chinese New Year’s (CNY) visitor numbers will be “the
The number of gaming operators in Macau continues to fall, recording a drop of 21.7% in 2022, data from the Gaming Inspection and Coordination Bureau shows.
2022 has become the worst year for casinos since 2004 due to the city’s strict Covid-19 restrictions that has kept gamblers away. In 2021, which
Gaming promoters, more commonly known as junket operators, will be required to pay MOP1.50 million to have their licenses renewed from January 1. The day marks
The six gaming operators are expected to face another burden if gaming revenues reach MOP180 billion each year, as they will be required to invest
The law, complementary to the new and existing gaming law, concludes the amendments promoted by the government before the new gaming concessions come into force Jan.
The six gaming operators will sign contracts with the government at the Government Headquarters for the new 10-year licenses, according to media reports. Late last
Macau's casinos stocks are again on the rise with Wynn Macau in the lead, as its shares rose by 22.39% as China began relaxing its
The new gaming concessionaires will have to take responsibility for the workers of the “satellite casinos” that will eventually close, the Secretary for Economy and
The World Cup may be the globe’s biggest sporting event, yet in the United States in the fall, it competes with a full sports betting
Casino revenues in November plunged 56% from the previous year to MOP3 billion patacas, another figure that is set to likely put Macau on its
Casino shares rallied yesterday following the announcement of the new licenses the incumbent big six will receive by the end of the year, with Wynn
The six incumbent operators will retain their concessions and will be awarded a 10-year license, ending the major uncertainties surrounding the concessionaires who have long been
Gaming operators awarded provisional concessions have expressed their gratitude towards the SAR government following the announcement of bid winners Saturday. The concession is awarded on
The six incumbent operators will retain their concessions and will be awarded a 10-year license, the government committee for the gaming concessions public tender announced this morning (Saturday). The
PublicInvest Research said today (Friday) that Genting Malaysia (GenM) could face a "cash drain" in the short term should it secure a gaming concession in Macau. GenM is bidding in the
The Macau Government will possibly announce the preliminary results of the international tender for six gaming concessions at a press conference tomorrow morning (Saturday), which was scheduled by
It has been confirmed that the local government is trying to reduce casino activities to irrelevance or something merely residual through diversification of the economy
Morgan Stanley is expecting the gaming industry’s near-term recovery to remain choppy due to the Covid-19 spikes in Guangdong and mainland China. Despite resumption
The reported MOP100 billion investment from casino-license bidders is considered unsurprising, despite the sector bleeding cash with no certainty on recovery. With the
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