FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Macau's gross gaming revenue surged to MOP10.32 billion in February as the sector benefited from the city’s easing of restrictions since early January. The figure
Macau's recovery is still in the early stages, even though casino stocks have more than doubled in the last three months, according to JPMorgan analysts
Las Vegas’ casino revenue has hit higher than Macau for the first time in 18 years as the casino sector in the city struggled to ride
MGM Resorts officials have confirmed that there is a “strong momentum” in its business and that its 2023 outlook remains bright, partly propelled by MGM China’s
The city’s gross gaming revenue (GGR) is recording a rebound, with an estimated MOP1.9 billion in the first five days of February, as the city has
The city’s casinos saw gross gaming revenue (GGR) surge in January as China’s reopening and the week-long Lunar New Year break sparked an influx of visitors to the gambling hub, fueling optimism
JP Morgan is satisfied with the pace and extent of the recovery of Macau’s gaming industry, expecting the Chinese New Year (CNY) mass GGR to recover to
Rob Goldstein, chairman and chief executive officer of Las Vegas Sands Corp (LVS), said the group is seeing “strong” momentum in its Macau operations during the Chinese
Sands China Limited (SCL) president and executive director Wilfred Wong thinks the local gaming market is now “healthier” without the gaming promoters, also known as
New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that amount was won by casinos from in-person gamblers.
The founder of Macau’s once-biggest casino junket organizer was sentenced today (Wednesday) to 18 years in jail after being convicted of operating illegal gaming activities, running a criminal organization, and numerous other charges.
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
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