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.

Macau Gaming Shares Are Trading at Their Lowest Levels In December Since Prior To January 8 Reopening

Industry analysts stay puzzled by the descending trajectory of gaming shares in Macau, which this month, or December, officially fell to their worst levels so far in 2023. In addition, neither the income nor th...

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

Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

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

The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

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

Lawrence Ho Yau Lung, chairman and chief executive of the casino operating group Melco Resorts & Entertainment Ltd announces that the group's Macau complex Studio City will be launched in the first quarter ...

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

Macau gambling industry seems to have closed the page where pandemic impacted the business.  Eleven months after the January 8, 2023 re-opening of the casino facilities, the stakeholders are no longer referring...

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

During October, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching a 30.9% increase compared to September's GGR of MOP$19.5 billion, which is...

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

According to information obtained from the Gaming Inspection and Coordination Bureau, the gross gaming income (GGR) collected from Texas Hold’em poker in the regulated Macau market throughout the third quarter ...

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

It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino giant registered a $1.78 billion revenue in the third quarter of 2023. When compared to t...

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

Galaxy Entertainment Group Limited, the leading operator in Macau commented that is not weighting the possibility of starting anything in Boracay, an island in the Philippines, including a resort. The company a...

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

Thanks to the national Golden Week celebrations, Macau gaming industry reportedly generated gross revenue of around MOP6.65 billion (US$824.5 million) for the first eight days of October. The festive week celeb...

Government Of Cape Verde Decides To Cancel Macau Legend Concession

After the recent announcement of the exit of Macau-based Macau Legend Development Group by 2025, opting to focus more on developing non-gaming operations to lessen its dependence on gaming, the Cape Verdean Gov...

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

Last month, September, Macau's gross gaming income (GGR) fell 13.2% month-after-month to MOP14.94 billion, which is approximately US$1.85 billion, the Gaming Inspection and Coordination Bureau, the Macau's loca...

Macau’s GGR For First 24 Days Of September At MOP12 Billion

During the first 24 days of September this year, Macau’s gross gaming income (GGR) was calculated to be roughly MOP12 billion, which is approximately $1.49 billion, with MOP500 million, which is roughly $62.1 m...