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Melco to Exit Satellite Casino Operations in Macau by 2025

June 9, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino reviews from Macau, Casino closures, Gaming Industry News, Macau

Melco Resorts & Entertainment has confirmed that it will shut down its sole satellite casino, Grand Dragon Casino, along with three Mocha Club slot venues—Mocha Hotel Royal, Mocha Kuong Fat, and Mocha Grand...

Macau Casino Revenue Reaches Post-COVID Peak in May 2025

Vanja Mitic

June 2, 2025

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau’s gaming sector recorded its most successful month since the onset of the COVID-19 pandemic, with gross gaming revenue (GGR) for May 2025 hitting MOP 21.19 billion (USD 2.62 billion). The figure, released...

Macau’s Golden Week Sees Impressive Surge in Visitor Arrivals and Gaming Revenue

Vanja Mitic

May 6, 2025

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau

Macau experienced a remarkable surge in both visitor arrivals and gaming revenue during the recent five-day Labour Day Golden Week holiday, significantly exceeding initial expectations. From May 1 to May 5, the...

Macau April GGR MOP$18.9 Billion, Slight Year-On-Year Increase “Better Than Expected”

Vanja Mitic

May 2, 2025

Latest Casino and Gambling News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau's gaming sector reported a gross gaming revenue (GGR) of MOP$18.86 billion (US$2.36 billion) in April 2025, reflecting a 4.1% decrease compared to March's figure of MOP$19.66 billion (US$2.45 billion), ac...

Lawrence Ho Speaks on Satellite Casino Shift as Macau’s Transition Deadline Approaches

Vanja Mitic

April 14, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino reviews from Macau, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Macau

As the end of Macau’s three-year transitional period for satellite casinos approaches, concerns are mounting among workers, operators, and nearby businesses over what lies ahead. The grace period, set to expire...

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Vanja Mitic

April 2, 2025

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases

Macau's gaming industry has demonstrated clear signs of post-COVID recovery through the first quarter of 2025. However, despite the positive trend, several factors are raising concerns about the city's economic...

Melco International Sees Significant Turnaround in 2024

Vanja Mitic

March 31, 2025

Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases

In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. Th...

Macau Sees Dip in Tourist Arrivals Due to High Comparison Base from Last Year

Vanja Mitic

March 24, 2025

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

February 2025 witnessed a notable decrease in tourist arrivals in Macau, recording a 4.4 percent year-on-year decline to approximately 3.15 million visitors. This downturn is largely ascribed to the high base e...

JP Morgan: Macau’s Casino Revenue Stabilizes as Market Adjusts to New Realities

Vanja Mitic

March 18, 2025

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Macau, Financial Press Releases

Macau's gaming landscape is showing signs of stability with a consistent gross gaming revenue (GGR) as the city adapts to new economic conditions and shifting strategies among major casino operators. According ...

Macau’s January GGR Falls Short of Expectations; 5.6% YOY Dip to MOP$18.25 Billion

Vanja Mitic

February 2, 2025

Latest Casino and Gambling News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau’s gaming industry experienced a notable decline in January 2025, with gross gaming revenue (GGR) at MOP 18.25 billion (US$2.27 billion). This represents a 5.6% drop compared to the same period last year, ...

SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

Vanja Mitic

November 12, 2024

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

SJM Holdings Ltd has showcased a significant turnaround, reporting a profit of HKD101 million (US$13.0 million) for the third quarter ended September 30, contrasting sharply with a loss of HKD410 million during...

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Vanja Mitic

November 7, 2024

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Galaxy Entertainment Group Ltd., a major player in Macau’s casino industry, recently unveiled its financial results for the third quarter of 2024, showing a robust increase in net revenues despite some operatio...

Macau’s Casino Sector Hits New Heights with Stellar October Performance

Vanja Mitic

November 1, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

In October 2024, Macau's casino industry showcased remarkable resilience and growth, reaching a gross gaming revenue (GGR) of approximately MOP20.7 billion ($2.6 billion). This figure represents a significant 6...

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Vanja Mitic

October 21, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

After the exuberance of the National Day Golden Week, Macau's casinos witnessed a substantial decrease in daily gross gaming revenues (GGR). During the third week of October, the daily GGR plummeted to approxim...

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Vanja Mitic

October 8, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Macau's casinos experienced a significant rebound during the National Day Golden Week, recording daily gross gaming revenues (GGR) surpassing MOP$1 billion. This performance was close to the figures of 2019 and...

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Melco to Exit Satellite Casino Operations in Macau by 2025

Macau Casino Revenue Reaches Post-COVID Peak in May 2025

Macau’s Golden Week Sees Impressive Surge in Visitor Arrivals and Gaming Revenue

Macau April GGR MOP$18.9 Billion, Slight Year-On-Year Increase “Better Than Expected”

Lawrence Ho Speaks on Satellite Casino Shift as Macau’s Transition Deadline Approaches

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Melco International Sees Significant Turnaround in 2024

Macau Sees Dip in Tourist Arrivals Due to High Comparison Base from Last Year

JP Morgan: Macau’s Casino Revenue Stabilizes as Market Adjusts to New Realities

Macau’s January GGR Falls Short of Expectations; 5.6% YOY Dip to MOP$18.25 Billion

SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Macau’s Casino Sector Hits New Heights with Stellar October Performance

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Casino Del Sol Celebrates Key Construction Milestone on New Tucson Casino

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Crown Sydney Denied Poker Machines as Premier Shuts Down Proposal