03/09/23 Melco Resorts to repurchase US$169.8m in shares from parent company Melco Resorts & Entertainment will buy back 40.4m shares from Melco Leisure to improve the company’s liquidity.
03/09/23 2 casino investors named in Forbes Malaysia’s 50 richest list Chen Lip Keong, owner of NagaCorp, and Genting Group boss Lim Kok rank sixth and seventh on Forbes’ annual list of the richest Malaysians.
03/08/23 Melco Resorts could generate positive free cash flow in 2023, analyst says The upturn in Macau could enable Melco’s revenue to reach 70-80 per cent of its 2019 level.
03/07/23 Macau casino operators to submit 2023 investment plans this month Casino operators must submit annual execution proposals to authorities.
03/07/23 MGM China’s mass market share to rise by 3% in 2024, analysts say According to Morgan Stanley, MGM China Holdings’ mass market share will rise due to the addition of gaming tables.
03/06/23 Number of Macau gaming workers down 4.9% in Q4 In the last quarter of 2022, 52,174 people were working in Macau’s gaming industry.
03/06/23 SJM renews agreement to lease Jai Alai Oceanus complex The Jai Alai Oceanus complex lease agreement has been renewed until 2025.
03/06/23 Victorian Gambling and Casino Regulator CEO, Annette Kimmitt, reflects on first year in role
