10/14/22 No end in sight for China’s zero-Covid policy Liang Wannian, a head official on the National Health Commission’s Covid-19 response team, has said China’s zero-Covid policy could continue beyond the first quarter of next year.
10/14/22 Macau Tourist Price Index down by 0.93% to 115.50 in Q3 The decrease was mainly attributable to lower hotel room rates and reduced charges for restaurant services.
10/13/22 Fitch: Macau’s gaming sector won’t see full recovery until beyond 2024 Analysts at Fitch Ratings Inc have predicted that Macau’s gross gaming revenue will only reach 70 per cent of 2019 levels in two years’ time.
10/12/22 Hornbuckle: don’t underestimate GMM bid for Macau gaming licence Bill Hornbuckle says GMM Limited‘s bid for one of Macau’s six casino licences must be treated seriously.
10/12/22 China’s zero-Covid policy likely to continue until 2023, analysts say China’s showing no signs of changing its policy yet.
10/11/22 Citigroup cuts predictions for Macau’s GGR in October to US$680.2m Analysts at Citigroup had previously predicted Macau’s GGR in October could reach MOP7.0bn (US$865.7m).
10/11/22 Macau casino bidders reportedly told to increase investment in non-gaming Analysts at Credit Suisse (Hong Kong) said the government has asked bidders for more investment in non-gaming projects than expected.
10/10/22 Macau’s GGR for first nine days of October stands at US$210.2m Average daily casino GGR during October Golden Week was between 15 and 20 per cent of pre-pandemic levels.
