08/26/22 Paradise Entertainment posts US$11.2m loss for H1 The company’s net loss for the period widened three-fold on a year-on-year basis.
08/25/22 Wong Chui Lai steps down as Galaxy Entertainment company secretary Jenifer Sin Li Mei Wah has taken over as company secretary and authorised representative.
08/25/22 Macau will remain highly profitable for casinos, analysts say An analyst from Morgan Stanley Asia said capital expenditures are expected to fall while the local mass market is gradually recovering.
08/25/22 Singapore to relax entry rules for inbound travellers from August 28 The government has also announced that most indoor locations will no longer require mask-wearing from August 29.
08/24/22 Reef Casino posts net profit of $3.3bn for H1 Reef Casino Trust has reported that net profit for the first half of the year was up 7 per cent year-on-year.
08/23/22 Macau’s gaming industry won’t see stable results until 2023, analyst says According to Jeffries Group, Macau’s gaming industry will continue to see rocky numbers through the rest of this year.
08/23/22 Macau GGR up 9% between August 15 and 21 Macau’s daily gross gambling revenue (GGR) was up 9 per cent week-on-week at MOP86m ($11m).
08/23/22 Macau received 81,798 visitors from August 12 to 18 The city received a daily tally of 11,685 visitor arrivals.
08/22/22 Pansy Ho to remain as the managing director of MGM Grand Paradise To comply with Macau’s amended gaming law, Ho’s stake in MGM Grand Paradise will increase from 10 per cent to 15 per cent.
