Macau

World Casino News covers Macau. The world's richest gambling center generates important news on a daily basis and we give it due coverage. We let you know when the moguls who compete for empire there make a move and we follow their finances through boom times and declines as the Gaming Inspection and Coordination Bureau (DJIC) reshapes the mecca from strictly a gambling center into a family playground for the world with mandated integrated resort amenities.

We let you know about casino project updates, openings, and closings as well as economy and finance, top brass career changes, and licensing issues to name a few of the topics covered. World Casino News works in harmony with the World Casino Directory so the Macau information you find there is always up to date and accurate. The directory profiles every casino in Macau from the baccarat tables to the hotels and amenities right down to the price range of dining. Our readers can explore the former Portuguese enclave from the comfort of their homes, or plan a trip and book their rooms.

Smart Gaming Tables Have Many Benefits for Macau’s Gaming Industry, Citigroup Survey Reveals

Evaluating the lengthy prospects of the gaming industry in Macau, Citigroup, a brokerage company based in New York, emphasizes the notable effect of the extensive acceptance of smart gaming tables on its expans...

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

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. ...

Macau Gaming Industry Expected to Keep the Pace and Generate $2.36 Billion in Revenue in March 2024

Renowned investment bank JP Morgan reveals that the Macau gaming industry generated $77.9 million in daily gross gaming revenues last week. As reported by Inside Asian Gaming (IAG), the bank's analysts consider...

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

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

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

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

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%

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

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

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...