Sands China fully recovers its Macau gaming volumes during Chinese New Year holidays

Sands China Ltd, a premium Macau casino operator, announced that the company fully recovered from the Covid-19-related circumstances as its gaming volumes seen during the current Chinese New Year holiday period...

Macau Faces Casino Employees Scarcity Ahead Of Chinese New Year

Ahead of Chinese New Year, casino workers in Macau may have to work overtime due to increased consumer demand following a three-year calm due to COVID-19, throughout which some gaming staff received promotions ...

Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start

On January 2nd, 2023, six Macau concessionaires reported that they would individually pay the Macau government a base sum of MOP750 dollars per square meter of gaming space for the first 3 years of their latest...

Macau expects visitor upturn during Chinese New Year as measures are lifted

Following the suspension of COVID-19 prevention measures and zero-COVID policy for the first time in three years, Macau authorities finally allowed tour groups from mainland China to visit the region. Macau is ...

New Covid wave hits Macau closing Cotai food and beverage facilities

A review of the websites of Cotai casino resorts indicates that at least three of them are closed, as well as multiple Cotai food and beverage outlets. The closures are seemingly due to the Covid-19 case count ...

Macau GGR expected to exceed $22 billion by 2027 to incur additional 20% tax to operators

Analysts at Morgan Stanley are predicting that Macau's gross gaming revenue values will exceed $22 billion by 2027. The predictions follow the signing of new gaming concession contracts by Macau's six operators...

Macau allocates gaming tables and slot machines to impose contingency to operators

The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcement...

Six Macau Casino Operators Sign 10-year gaming contracts with Macau Government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by ...

Macau gradually opens up as officials expect no large-scale infections in future

Macau's authorities announce that this Chinese Administrative Region will be ''gradually opening up'' for visitors from abroad and from mainland China. The COVID outbreak in the community can no longer be contr...