Macau

Casino Destinations

December 5, 2023 0

Industry analysts stay puzzled by the descending trajectory of gaming shares in Macau, which this month, or December, officially fell...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Casino Destinations

November 17, 2023 0

Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of...

Macau Determines New Strategy, Unlikely to Surpass 2019 Revenue

Vanja Mitic

November 16, 2023 0

Covid restrictions changed the way the world is shaped and, even when lifted, left some serious consequences. The Macau tourism...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Reviews from the Cotai Strip

November 15, 2023 0

The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the...

Melco Relaunches Studio City in Q1 2024 Following the Record Casino Performance

Reviews from the Cotai Strip

November 10, 2023 0

Lawrence Ho Yau Lung, chairman and chief executive of the casino operating group Melco Resorts & Entertainment Ltd announces that...

MGM China Hits $226 Million Record EBITDA; Exceeds 2019 Levels in Booming Macau Gambling Market

November 9, 2023 0

Macau gambling industry seems to have closed the page where pandemic impacted the business. Eleven months after the January 8,...

Macau Experiences New Post-Covid Revenue High In October; GGR To Reach US$26.8bln Next Year

November 1, 2023 0

During October, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR)...

Macau’s Court of Second Instance Releases Alvin Chau Of Fraud; Orders Him To Pay Nearly US$3.2bln In Compensation

October 24, 2023 0

The Macau’s Court of Second Instance has officially absolved previous Suncity boss, Alvin Chau, and 6 other suspects in the...

Texas Hold’em Poker GGR In Macau Hits 93.7% Of 2019 Record

October 19, 2023 0

According to information obtained from the Gaming Inspection and Coordination Bureau, the gross gaming income (GGR) collected from Texas Hold’em...

Sands China Hits $1.78 Billion Revenue In Q3 2023 To Verify Post-Pandemic Recovery

Reviews from the Cotai Strip

October 19, 2023 0

It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino...

Albee Benitez Makes A Plea To Galaxy Ent. To Reconsider Boracay Casino Project; Galaxy Ent. Not Interested

October 16, 2023 0

Galaxy Entertainment Group Limited, the leading operator in Macau commented that is not weighting the possibility of starting anything in...

Macau’s Revenue Reaches Almost $825 Million During National Festive Week

October 9, 2023 0

Thanks to the national Golden Week celebrations, Macau gaming industry reportedly generated gross revenue of around MOP6.65 billion (US$824.5 million)...

Government Of Cape Verde Decides To Cancel Macau Legend Concession

Casino Destinations

October 6, 2023 0

After the recent announcement of the exit of Macau-based Macau Legend Development Group by 2025, opting to focus more on...

Super Typhoon Causes Macau’s GGR To Drop 13.2% In September