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Business

Check the latest Business news

09/22/22

MGTO lowers expectations for October Golden Week

MGTO director Maria Helena de Senna Fernandes now has conservative expectations and doesn’t anticipate a surge in visitors.

09/21/22

MGM says getting new Macau gaming licence is top priority

Chief financial officer Jonathan Halkyard say the company has worked very hard on its application for the retender.

09/21/22

Macau visitor arrivals up 3,2% in August

Macau registered 331,397 visitor arrivals in August amid an easing of cross-border measures between Zhuhai and Macau.

09/21/22

Macau: doubts about benefit from Hong Kong’s easing of Covid-19 measures

Andy Wu Keng Kuong, president of the Macau Travel Industry Council, said the measure would have little impact on Macau’s tourism sector.

09/20/22

SJM directors apply for excess rights shares

The company has launched a rights issue by which it proposes to raise up to approximately HK$2.9bn.

09/20/22

Could Genting be seeking to partner with a Macau gaming operator?

Sanford C. Bernstein believes Genting’s bid for a Macau gaming concession could be an attempt to gain a partnership with an incumbent concessionaire.

09/20/22
LeoVegas considers bond issue to finance expansion

Macau GGR could be down 80% from pre-pandemic levels in September

09/20/22

LET Group Holdings enters into US$51m loan agreement

LET Group has pledged approximately 69.67 per cent of Summit Ascent Holdings Ltd’s total issued shares to secure the loan.

09/19/22
Genting Hong Kong allowed to resume operations from July

Hong Kong may ease Covid-19 countermeasures for incoming travellers

09/19/22

Shoppes at Marina Bay Sands revenue increases to US$55m

09/19/22

Deltin Group denies having gained Daman casino licence

Deltin Group says it’s still waiting for a permit to operate a casino in the union territory of Daman.

09/19/22

Macau received 121,657 visitors from September 9 to 15

The city recorded 23,362 visitors on September 16.

09/19/22

Macau accepts gaming concession bids – one conditionally

Bids from Macau’s current six casino operators have been accepted without mention of any condition.

09/16/22

GMM unlikely to win gaming concession in Macau, analysts say

Several analysts agree that it is unlikely that Macau will leave out any of its six current casino operators.

09/16/22
Crown Resorts expects to post a net debt of US$676m for the FY21

Mark McWhinnie named CEO of Crown Sydney

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.