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08/30/22

CCC close to running out of funds

08/30/22

Macau hotel occupancy plunged 55.6% in July

08/30/22

LET Group Holdings revenue up 32% in H1

The company recorded an increase in revenue from HK$144.6m (US$18.4) to HK$190.4m (US$24.2m).

08/30/22

Sands China celebrates Venetian Macao 15th anniversary

Sands China held a series of events on Sunday.

08/29/22

Macau’s unemployment rate rose to 5.4% in May-July 2022

The Statistics and Census Service (DSEC) reported that the unemployment rate for residents rose by 0.6 percentage points in the period.

08/29/22

Authorities approve SJM Resorts plan to increase share capital

The Macau government and SJM Holdings have approved SJM Resorts’ major share capital increase.

08/29/22

PAGCOR warns over fake bidding transactions

Philippines finance secretary says PAGCOR role must be made clear

08/29/22

Macau received 103,16 visitors from August 20 to 26

That makes a daily tally of 14,737 visitor arrivals for the week.

08/26/22

Macau should take leadership in diversifying its economy, analyst says

On the second day of G2E Asia 2022 Special Edition: Singapore, analysts discussed the outlook for the Macau gaming market.

08/26/22

Covid-19 reminded casinos of the importance of local markets, says PH Resorts COO

José Angel Sueiro, chief operating officer at PH Resorts Group Holdings, said the local market became relevant again for casino operators after the Covid-19 pandemic.

08/26/22

CCC continues to monitor IPI payroll

08/26/22

Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1

The company carried out more than 90 roadshows from January to June.

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.

08/26/22

Simon McGrath steps down as Crown Sydney chief executive

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.

Business

Check the latest Business news

CCC close to running out of funds

Macau hotel occupancy plunged 55.6% in July

LET Group Holdings revenue up 32% in H1

Sands China celebrates Venetian Macao 15th anniversary

Macau’s unemployment rate rose to 5.4% in May-July 2022

Authorities approve SJM Resorts plan to increase share capital

Philippines finance secretary says PAGCOR role must be made clear

Macau received 103,16 visitors from August 20 to 26

Macau should take leadership in diversifying its economy, analyst says

Covid-19 reminded casinos of the importance of local markets, says PH Resorts COO

CCC continues to monitor IPI payroll

Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1

Paradise Entertainment posts US$11.2m loss for H1

Simon McGrath steps down as Crown Sydney chief executive

Wong Chui Lai steps down as Galaxy Entertainment company secretary

Australasia

11 companies granted right to apply for New Zealand online casino licences

Highlight of the week

Vietnam proposes updated gambling regulations

Business

Macau casinos face 11% EBITDA decline as costs rise, CLSA says