07/24/24 Chinese courts to continue to apply tight penalties for cross-border gambling The Supreme People’s Court said the problem of offshore gaming was getting worse.
07/24/24 Macau GGR to grow 26% in 2024, analysts say Seaport Research Partners expects Macau’s gross gaming revenue to rise 10 per cent next year.
07/24/24 Macau and Guangdong annual branded products fair starts at Venetian Macao tomorrow The four-day Guangdong & Macao Branded Products Fair will feature six exhibition areas.
07/23/24 Macau GGR reaches US$1.59bn in first 21 days of July JP Morgan Securities Asia Pacific says daily average gross gaming revenue was MOP607m (US$75.4m).
07/23/24 Rights issue means Yang Zhihui is no longer Shin Hwa World’s largest shareholder The former chairman now owns less than 10 per cent of the company.
07/23/24 AGTech subsidiary secures lottery terminal tenders in China The tenders cover Sports Lottery Administration Centres in the provinces of Shaanxi, Zhejiang, and Jiangsu.
07/22/24 Macau: 59 indicted for illegal online sports betting Two of the 59 indicted individuals are being held in pre-trial detention.
07/22/24 Macau 5-star hotel occupancy rate reaches 90.8% in H1 The average five-star room rate was up 12.4 per cent year-on-year.
07/19/24 CreditSights expects Macau GGR to reach US$28bn this year Analysts expect Macau’s GGR to reach 75-80 per cent of 2019 levels.
07/19/24 JP Morgan lowers estimates for Melco property-level EBITDA Q2 EBITDA is expected to have been US$313m.
