01/19/24 Japan’s first IR spurs hotel investment interest Ascott Limited targets hotel investment growth in Osaka following Japan’s approval of its first integrated resort with a casino there.
01/17/24 Macau mass baccarat GGR surges 12.6% in Q4 Mass baccarat revenue was MOP33.53bn (US$4.16bn) in the fourth quarter of the year 2023.
01/17/24 Macau GGR to rise 20.6% year-on-year in 2024, analysts say Analysts at Deutsche Bank predict Macau’s gross gaming revenue (GGR) could reach over US$27.62bn in 2024, driven by a surge in mass-market GGR.
01/17/24 Citigroup: Macau sees surge in premium mass wager in January Analysts at Citigroup have reported a 26 per cent month-on-month increase in premium mass baccarat wagers, with at least 98 new tables added in January.
01/17/24 IPI auction proceeds surpass US$1.4m The CNMI and consenting judgment creditors will receive distributions from the auctions within 10 days of the court’s approval.
01/17/24 Wynn Macau announced a pay rise for its employees Wynn Macau has announced it will reward 11,390 workers with pay hikes of up to 6 per cent.
01/16/24 Macau daily GGR reaches US$74m in second week of January Analysts at JP Morgan still expect Macau’s January GGR to reach MOP17.5-18bn, despite a decrease from New Year holiday levels.
01/16/24 PAGCOR chairman keen to keep POGOs in the country Alejandro Tengco cited POGOs significant contributions to the Philippine economy, including job creation and property sector growth.
01/16/24 Galaxy Entertainment Group announces pay raise for its employees Galaxy Entertainment Group has announced a pay raise for over 90 per cent of its team members, effective from April 1.
01/16/24 MGM China announces a salary hike for employees MGM China has decided to reward 99 per cent of its team with salary hikes, effective from March 25.
01/15/24 Macau Jockey Club concession to end on April 1 Macau Horse Race has decided to end its public concession to run horse racing in the city due to a decline in popularity and operational difficulties.
01/15/24 Macau Tourist Price Index up by 26.2 to 150.5 in 4Q23 Authorities attributed the increase to higher hotel room rates, clothing, jewellery, and restaurant services.
01/15/24 EvenBet Gaming shares first-of-its-kind igaming insights through the eyes of industry professionals
