10/27/21 Analysts expect Macau’s gaming concessions to be extended Analysts at JP Morgan expect Macau’s gaming concessions will be renewed or extended beyond June 26, 2022, by six to twelve months.
10/26/21 Macau casino operators to sponsor Grand Prix races Macau’s six casino operators will each sponsor one of the races at the 68th Macau Grand Prix, which will take place from November 9 to 21 without international competitors due to Covid-19 restrictions.
10/25/21 Macau Legend criticises reduction of gaming concessionaires David Chow, Macau Legend Co-Chairman, is against the government’s proposed changes to reduce the number of concessionaires.
10/25/21 Macau sees rise in visitor numbers after Covid-19 outbreak ends A total of 25,252 arrivals were registered last Friday, the highest daily figure since local Covid-19 cases emerged at the end of September.
10/25/21 Sands China will continue leading Macau GGR, analysts say Analysts at Sanford C. Bernstein have predicted Sands China will account for nearly 27 per cent of Macau’s GGR in the next few years.
10/22/21 Analysts expect increase in gaming taxes in Macau A panel of analysts and gaming experts have discussed the possibility of an increase in gaming taxes in Macau if the government’s proposed changes to gaming laws are approved.
10/22/21 Singapore-Australia travel bubble could start at the end of October Authorities in Australia are in talks with the Singapore government to launch a travel bubble for fully vaccinated students and business travellers at the end of October.
10/21/21 Crown Resorts shareholders reject exec exit payments Crown Resorts shareholders have voted against the company’s remuneration report, opposing the casino operator for a second time.
10/21/21 Las Vegas Sands CEO expects Singapore casino market to recover in 2022 Robert Goldstein, Las Vegas Sands’ CEO, believes the market is likely to recover in 2022 thanks to a high Covid-19 vaccination rate and the opening of borders.
10/21/21 Galaxy invests US$15.6m in Asia’s biodiversity themed green bonds Galaxy Entertainment Group has invested RMB100m (US$15.6m) in so-called green bonds to support Macau’s economic diversification.
10/21/21 Macau received 629,085 arrivals in September Arrivals were up 53.7 per cent when compared to August, mainly due to an easing of travel restrictions.
10/20/21 Macau: outbound travellers must present negative Covid-19 test Authorities in Macau have said that people who intend to leave Macau must show a negative Covid-19 test issued 48 hours previous to the departure.
10/20/21 Tabcorp announces proposed board lineup for spin-off During its annual general meeting Tabcorp announced the possible boards for its Lotteries & Keno and its Wagering & Gaming businesses.
10/20/21 Macau’s GGR for 4Q21 to be the worst of the year, analysts say According to a survey by Bloomberg, the fourth quarter will be the worst of the year for Macau’s casino operators, mainly due to the outbreak of local Covid-19 cases in October.
