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Macau MICE events attendees down 8.7% in Q1

Macau’s Golden Dragon Group extends casinos agreement with SJM

Fitch predicts Macau GGR may reach only 27% of 2019 levels this year

Analysts have lowered their expectations because Macau is still affected by restrictions linked to the Covid-19 pandemic.

06/17/22

Macau casinos must hold US$620m in capital during concession period

After analysing the final draft of Macau’s general gaming law amendment, JP Morgan has deduced that casino operators must have capital of MOP5bn (US$620m) during the entire concession.

06/17/22

Sands China offers new hybrid MICE broadcast facility at the Londoner

The company says the facility offers professional broadcast quality live-streaming capability and hologram functionality.

06/17/22

Doubts around the impact of Macau’s increase on GGR tax

According to some analysts, the proposed new tax liability was unexpected and could generate uncertainty in current and potential investors.

06/17/22

Analysts lower forecasts for Chinese economy

06/17/22

us1-billion-loss-for-macau-casinos-in-q2

Rio Entertainment questions Galaxy’s decision to close Rio Casino

06/16/22

Resorts World Cruises debuts in Singapore

Former Genting Group chairman Lim Kok Thay has launched his new cruise line’s first services.

06/16/22

SJM Holdings refinancing plan gets final approval

Banks have granted their approval of the plans following government approval last month.

06/16/22

Emperor Entertainment Hotel extends casino operations until year-end

The company has reversed its decision to close its satellite casino mid-year.

06/16/22

Galaxy Entertainment to close two satellite casinos

06/15/22

Tiger Resort Asia warns against dealing with Kazuo Okada’s team

Tiger Resort Asia Ltd (TRAL) has issued a statement warning the public not to do business with the group run by Kazuo Okada in relation to Okada Manila.

06/14/22

Tabcorp wants Victoria to follow Queensland’s lead on online betting tax

Tabcorp, with the support of the Alliance for Gambling Reform and the Australian Hotel Association, is pushing the government of Victoria to increase the tax on online betting operators.

06/14/22

SkyCity provides earnings guidance for FY22

SkyCity says it has seen a strong performance from its local gaming businesses in New Zealand following a relaxation of Covid-19 operating restrictions.

06/14/22

Macau GGR may reach only 15% of 2019 levels in June, analysts say

Gross gaming revenue was down 23 per cent week-on-week from June 6 to June 12.

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Check the latest Business news

Macau’s Golden Dragon Group extends casinos agreement with SJM

Fitch predicts Macau GGR may reach only 27% of 2019 levels this year

Macau casinos must hold US$620m in capital during concession period

Sands China offers new hybrid MICE broadcast facility at the Londoner

Doubts around the impact of Macau’s increase on GGR tax

Analysts lower forecasts for Chinese economy

Rio Entertainment questions Galaxy’s decision to close Rio Casino

Resorts World Cruises debuts in Singapore

SJM Holdings refinancing plan gets final approval

Emperor Entertainment Hotel extends casino operations until year-end

Galaxy Entertainment to close two satellite casinos

Tiger Resort Asia warns against dealing with Kazuo Okada’s team

Tabcorp wants Victoria to follow Queensland’s lead on online betting tax

SkyCity provides earnings guidance for FY22

Macau GGR may reach only 15% of 2019 levels in June, analysts say

Business

Lawrence Ho transfers 26.44 million Melco Resorts shares to irrevocable trust

Events

DSTGAMING named Main Entrance Sponsor of SPiCE Central Asia 2026

East Asia

Kangwon Land and Korea Racing Authority explore AI for gambling harm prevention

Casino

Macau premium-mass wagers down 45% year-on-year in September, Citi survey finds