Casino reviews from Macau

Melco International Records a Loss of HK$1.74 Billion in 2023, Narrowed from $5.11 Billion

Vanja Mitic
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Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners. ...

Paradise Entertainment Generated $7.8 Million Profit in 2023 to Actively Seek International Expansions

Radosav Milutinovic
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A Macau’s leading gaming and entertainment operator, Paradise Entertainment Ltd, reveals that the company generated  a profit of US$7.8 million in 2023. The value added to the company's 2023 balance sheet after...

Macau Hotel “THE 13” Calls for Bids; Offers $307 Million Sales Price

Radosav Milutinovic
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Some hotel owners are superstitious and ready to resort to some actions when launching the business that many would consider ridiculous. Such actions sometimes include certain room number exclusions to make gue...

Macau GGR Reaches MOP$18.5 Billion In February Thanks To Chinese New Year Golden Week

Marija Malenovic
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Fueled by Lunar New Year's Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record ...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Marija Malenovic
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Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Macau Proposes Illegal Gambling Law Revision to Extend Prison Sentences and Pecuniary Fines

Radosav Milutinovic
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Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The proposal reportedly includes a range of higher pecuniary penalties for offende...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

Marija Malenovic
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For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Radosav Milutinovic
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Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Marija Malenovic
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A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Radosav Milutinovic
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Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Radosav Milutinovic
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The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...

Macau’s GGR Reaches MOP19.3bln In First Month of 2024; Second Highest Since Pandemic

Marija Malenovic
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During the first month of 2024, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching MOP19.3bln, which is approximately US$2.4bln. Additionally...

Macau’s Mass Table Segment Hit 75% Market Share in Q4 2023

Radosav Milutinovic
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Since the Macau casino facilities relaunched operations in January 2023, the mass table market has been constantly growing to account for  75.2% of total table revenue in Q4 2023. The figure reportedly soared f...

Number of Suspicious Transaction Records in Macau Breaks the Records

Vanja Mitic
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The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transactio...