11/15/21 Macau’s inbound-tourist daily tally continues recovering in November Macau received 30,105 visitors on November 12 and a daily average rate of 25,433 visitors between November 5 and November 11.
11/15/21 Macau casinos praised for their fight against gaming-related crimes The Gaming Inspection and Coordination Bureau (DICJ) has praised Macau’s casino operators’ efforts to comply with Covid-19 countermeasures and cooperation to fight against gaming-related crimes.
11/15/21 Melco expects to launch Studio City Phase II by December 2022 Macau casino operator Melco Resorts & Entertainment hopes to launch Studio City casino resort’s Phase II before December 27, 2022.
11/12/21 Galaxy chairman welcomes proposed changes to Macau gaming laws Dr Lui Che Woo, Galaxy Entertainment Group’s chairman, said the revision would help secure the long-term viability of the sector.
11/11/21 Marina Bay Sands aims to attract Australian tourists Marina Bay Sands has launched two package deals to attract Australian tourists after authorities announced a travel bubble with the former country.
11/11/21 AGTech revenue up 36.6% between January and September 2021 AGTech Holdings has reported a 36.6 per cent growth in revenue between January and September 2021 amid a rebound in the Chinese lottery market.
11/11/21 Moody’s downgrades Melco outlook Analysts at Moody’s Investors Service have assigned Melco Resorts a lower rating due to a slow recovery in earnings.
11/10/21 Kangwon Land to recover by 2023, analysts say Analysts at JP Morgan predict South Korea’s foreigner-only casino could return to pre-pandemic revenues by 2023.
11/10/21 Wynn Resorts CEO praises Macau’s gaming law consultation sessions Matt Maddox, Wynn Resorts CEO, has described the public consultation sessions on gaming law amendments as “transparent and productive.”
11/09/21 Jeju Dream Tower sees bookings rocket in year-end sale Lotte Tour Development Co Ltd revealed it has sold more than 8,000 room nights as part of its year-end sale at Jeju Dream Tower.
11/09/21 Foreign visitors must prove sufficient funds to stay in Macau Authorities in Macau will require foreign visitors to prove they have enough funds for their stay in the city.
11/09/21 Macau casino stocks rise after announcement of Covid-19 pill Macau casino stocks jumped 7.2 per cent after Pfizer announced it has produced a pill that can cut reduce the worst risk of Covid-19 by 89 per cent.
11/08/21 Crown seeks to recover part of US$94m shareholder settlement agreement Crown Resorts has revealed it expects to recover a significant portion of the AU$125m (US$94.3m) settlement amount from its insurers.
11/08/21 Macau GGR up 12% in first week of November Macau’s GGR for the first week of November was up 12 per cent when compared to the previous week, with average daily revenue of MOP235m (US$29.3m).
11/05/21 Grand Lisboa Palace could reach break-even in Q2 2022, analysts say Analysts at JP Morgan Securities predict that SJM’s Grand Lisboa Palace could reach break-even in the second quarter of next year if Macau reopens its borders.
