04/18/23 R&F receives 4th deadline extension for South Korea Midan City complex R&F Properties’ deadline to open the first phase of the Midan City complex has been extended by another 12 months.
04/18/23 2,300 tour groups take up Macau travel subsidies The groups have received subsidies from the Macau Tourism Bureau.
04/17/23 Analysts optimistic about recovery of Chinese outbound tourism Analysts at Maybank see Chinese outbound tourism is recovering to significant levels by mid-year.
04/14/23 Macau to face competition from future Osaka IR, analysts say Macau’s gaming industry is expected to face competition from Japan’s first integrated resort, which is set to open in Osaka in 2029.
04/14/23 IMF: Macau’s economy to grow by 58.9% in 2023 The IMF forecasts a continued double-digit growth rate in 2024.
04/14/23 Macau Easter hotel occupancy rate hits 86% The Macao Government Tourism Office (MGTO) has reported that Macau’s hotel occupancy rate rose 52 points from 2022.
04/13/23 Five out of six Macau casino operators have opened foreigner-only gaming rooms Macau offered an incentive for casino operators to open foreigner-only spaces to reduce dependence on high-rollers from mainland China.
04/13/23 Tinian Diamond Casino opening further delayed by hiring difficulties The casino investor is struggling to find staff for the newly constructed Tinian Diamond Casino.
04/13/23 Genting Singapore denies plans for IR in Japan The company has clarified that it has no current plans for Japan.
04/12/23 CNMI court approves disbursement of funds from IPI auctions Clear Management has received approval for the disbursement from Imperial Pacific’s gaming equipment sales.
