03/30/23 MGM China sees little chance of recovering losses from Suncity MGM China says the possibility of recovering losses through its litigation against the defunct junket operator is remote.
03/29/23 Macau receives 16,200 package tour visitors in first three weeks of resumption Package tours from mainland China resumed on February 6.
03/29/23 Paradise Entertainment posts US$19.7m loss for 2022 Paradise Entertainment saw its loss attributable to owners increase by 79.5 per cent.
03/29/23 Sands China expands entertainment partnership with Star CM Holdings The expanded agreement will increase Sands China’s selection of entertainment events.
03/28/23 Kangwon Land opens Manila sales office for slot brand The office will promote KL Saberi, the company’s self-developed slot machine brand.
03/28/23 APE posts net loss of US$1.9m for 2022 The company reported revenue of HK$10.5m (US$1.3m), up 37.7 per cent from the prior year.
03/27/23 AGTech subsidiary wins lottery terminal tenders in China The tenders cover Sports Lottery Administration Centres in the provinces of Guangdong, Yunnan and Fujian.
03/24/23 Fitch Ratings predicts 48% rebound in Macau economy in 2023 Gross gaming revenue is expected to recover to about half of its 2019 level.
03/23/23 Sands China and Air Macau promote new Macau-Singapore route Sands China and Air Macau are offering an exclusive hotel package and other benefits for Singaporean and regional visitors.
03/23/23 Macau sees highest daily visitor tally since start of Covid-19 pandemic Macau received 96,000 visitors on March 18, according to the Macao Government Tourism Office (MGTO).
03/22/23 SJM Holdings earnings to rise amid Macau recovery, analysts say Moody’s expects SJM’s adjusted EBITDA to reach HK$1bn (US$127m) in 2023 and HK$4bn in 2024.
