Tagged golden week

Macau casinos experience October gaming revenues disappointment

November 1, 2021

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

The large selection of casinos in Macau reportedly saw their aggregated gross gaming revenues for October plummet by almost 40% year-on-year to about $545.1 million owing to the earlier imposition of a range of...

Macau casinos upping their fight against coronavirus

Adam Morgan

October 15, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Macau

The firms behind the 41 casinos in Macau have reportedly upped their campaigns against coronavirus by comprehensively implementing new rules that require employees to be fully vaccinated or present weekly negat...

Macau recovery may be hindered by United States investor interest

Adam Morgan

October 13, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

American brokerage Jefferies Financial Group Incorporated has reportedly warned that institutional investors could soon begin turning their attention away from Macau’s casino market in preference to potential o...

Macau casinos experience severe ‘Golden Week’ disappointment

Adam Morgan

October 8, 2021

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

Macau reportedly did not have a good ‘Golden Week’ holiday period as its usually impressive daily average casino visitor tally dropped by 93.7% year-on-year to a mere 1,166. According to a report from GGRAsi...

Coronavirus setback for Macau’s ‘Golden Week’ optimism

Adam Morgan

September 27, 2021

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

Hopes that the casino industry in Macau would be able to benefit from China’s upcoming ‘Golden Week’ national holiday have reportedly been dashed after the enclave recently recorded two positive cases of corona...

MGM China Holdings Limited anticipating a busy Labour Day public holiday

Adam Morgan

April 29, 2021

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

In Macau and casino operator MGM China Holdings Limited has reportedly announced that it expects its pair of local properties to be at near full capacity for the upcoming Labour Day public holiday. According...

Macau casinos benefitting from increased mainland visitation

Adam Morgan

October 27, 2020

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

Aggregated gross gaming revenues from the over 40 casinos in Macau are reportedly improving as October wears on due to the increased issuance by regional mainland Chinese authorities of group travel and Individ...

Macau chalks up dismal ‘Golden Week’ visitation numbers

Adam Morgan

October 8, 2020

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

In Macau and this year’s edition of the annual ‘Golden Week’ national holiday reportedly proved disappointing as the city saw the number of inbound tourists decline by 85.7% year-on-year to just 139,280. Acc...

Macau hotels expecting positive ‘Golden Week’ performance

Adam Morgan

September 16, 2020

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

In Macau and the beginnings of a post-coronavirus recovery for the local casino industry could reportedly soon be on the cards following news that the city’s combined five-star hotel bookings for the first week...

‘Golden Week’ disappointment for Macau casinos

Adam Morgan

October 9, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The first seven days of October reportedly saw the over 35 casinos in Macau record aggregated daily gross gaming revenues that were some 12% lower year-on-year at approximately $142.33 million. According to ...

Macau’s new Grand Lisboa Palace expected to open ‘by the second half of 2020’

Adam Morgan

October 3, 2019

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Economy/Finance, Macau

In Macau and the boss for local casino operator, SJM Holdings Limited, has reportedly stated that he expects his firm’s under-construction Grand Lisboa Palace to begin welcoming players and guests ‘by the secon...

Suncity Group to debut refurbished Galaxy Macau VIP gaming lounge

Adam Morgan

September 19, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Macau, Mergers, Acquisitions & Partnerships

In Macau and prominent Asian junket firm, Suncity Group, has reportedly announced that it will be premiering a refurbished VIP gaming lounge inside the giant Galaxy Macau property from Tuesday. According to ...

Macau records positive October visitor numbers

Adam Morgan

November 23, 2018

Latest Casino and Gambling News, Casino News, Economy/Finance, Macau

In Macau, this year’s edition of the ‘Golden Week’ public holiday as well as the subsequent opening of the Hong Kong-Zhuhai-Macau Bridge reportedly helped the city to record a 9.2% increase year-on-year in Octo...

Macau Golden Week visitor tally up 12 percent first 6 days

K Morrison

October 8, 2018

Latest Casino and Gambling News, Casino News, Macau

Data issued by the Macao Government Tourism Office on Sunday shows that nearly 812,500 tourists visited the former Portuguese enclave during the first six days of the ‘Golden Week’ public holiday. The figure in...

This year’s edition of ‘Golden Week’ may disappoint in Macau

Adam Morgan

October 2, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, this year’s edition of the ‘Golden Week’ public holiday could reportedly turn out to be disappointing for the city’s many casino operators due to total visitor numbers coming in below earlier market e...