04/04/23 MGM China signs agreement with MGM Resorts in bid to attract overseas customers MGM China has signed a new marketing agreement with MGM Resorts to expand its reach.
04/04/23 Paradise Co posts casino revenue of US$32.6m for March Revenue for the first quarter was up by 151.5 per cent year-on-year.
04/03/23 Osaka casino project faces opposition in upcoming elections Opponents of the planned integrated resort plan to make the issue a topic in the elections.
04/03/23 Moody’s upgrades Las Vegas Sands outlook on Macau expectations Moody’s has also confirmed its Baa3 rating for Las Vegas Sands and Baa2 rating for Sands China.
04/03/23 Macau Legend’s loss narrows by 48% Macau Legend has reported a loss of HK$607.2m (US$77.35m) for 2022.
03/31/23 Former Suncity associates reportedly involved in smuggling oil to North Korea Former associates of Suncity founder Alvin Chau were reportedly involved in a smuggling operation.
03/31/23 Macau 2023 GGR to reach 45% of pre-pandemic levels, analysts say Moody’s expects the mass-market segment to drive the increase in GGR.
03/31/23 Okura Holdings to raise US$2.55m for pachinko expansion and renovation Okura is to place 100 million shares on the market, with 75 per cent of net proceeds to fund new pachinko machines.
03/31/23 Success Universe posts US$36.57m loss for 2022 Success Universe has reported negative earnings of HK$46.2m (US$5.9m) at Ponte 16.
03/30/23 Deutsche Bank forecasts mass GGR of US$2.99bn Wynn Macau in 2024 Analysts at Deutsche Bank have predicted that Wynn Macau’s mass gaming revenue will rise 10 per cent against 2019 levels.