Macau

April 23, 2024 0

Macau’s Financial Services Bureau released the results for the first quarter of 2024 on Monday, April 22, 2024, and the...

Macau Legislative Assembly Approves New Gaming Credit Law

April 14, 2024 0

From August 1, 2024, a new gaming credit law will come into effect in Macau. After the proposal was submitted,...

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

April 7, 2024 0

Evaluating the lengthy prospects of the gaming industry in Macau, Citigroup, a brokerage company based in New York, emphasizes the...

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

April 1, 2024 0

Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023....

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

March 25, 2024 0

Renowned investment bank JP Morgan reveals that the Macau gaming industry generated $77.9 million in daily gross gaming revenues last...

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

Casino Sales

March 15, 2024 0

Some hotel owners are superstitious and ready to resort to some actions when launching the business that many would consider...

Sands China Hosts a Poker Tournament in Macau after Six Years

March 11, 2024 0

After the great losses the Macau casino industry experienced during the COVID-19 pandemic, mostly because of the measures that restricted...

SJM Holdings Records HK$2.01 Billion Loss in 2023, Narrowed from HK$7.80 Billion in 2022

March 6, 2024 0

One of the biggest concessionaires in Macau, SJM Holdings, released a revenue report and it seems things are looking better...

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

March 2, 2024 0

Fueled by Lunar New Year’s Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which...

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

February 28, 2024 0

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to...

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

Reviews from the Cotai Strip

February 19, 2024 0

Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The...

Macau Recovering, Gaming Taxes in January MOP$7.34 Billion; Second Auction Effort of Alvin Chau Properties Feb 20

February 18, 2024 0

The Macau SAR Government reported significant growth when it came to gaming tax revenue generated in January 2024. The city...

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

Reviews from the Cotai Strip

February 14, 2024 0

For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of...

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