09/21/22 MGM says getting new Macau gaming licence is top priority Chief financial officer Jonathan Halkyard say the company has worked very hard on its application for the retender.
09/21/22 Macau visitor arrivals up 3,2% in August Macau registered 331,397 visitor arrivals in August amid an easing of cross-border measures between Zhuhai and Macau.
09/21/22 Macau: doubts about benefit from Hong Kong’s easing of Covid-19 measures Andy Wu Keng Kuong, president of the Macau Travel Industry Council, said the measure would have little impact on Macau’s tourism sector.
09/21/22 Alvin Chau denies involvement in online betting Chau Cheok Wa has denied involvement in online betting but admitted that Suncity ran proxy betting services.
09/21/22 Macau gaming tax revenue down 44.2% for first eight months The government has collected just under MOP14.51bn in direct taxes on gaming.
09/20/22 SJM directors apply for excess rights shares The company has launched a rights issue by which it proposes to raise up to approximately HK$2.9bn.
09/20/22 Landing International revenue up 45.1% in H2 The company attributed the growth in consolidated revenue to the increase in domestic consumption at Jeju Shinhwa World.
09/20/22 Could Genting be seeking to partner with a Macau gaming operator? Sanford C. Bernstein believes Genting’s bid for a Macau gaming concession could be an attempt to gain a partnership with an incumbent concessionaire.
09/20/22 LET Group Holdings enters into US$51m loan agreement LET Group has pledged approximately 69.67 per cent of Summit Ascent Holdings Ltd’s total issued shares to secure the loan.
09/19/22 Macau received 121,657 visitors from September 9 to 15 The city recorded 23,362 visitors on September 16.
09/19/22 Macau accepts gaming concession bids – one conditionally Bids from Macau’s current six casino operators have been accepted without mention of any condition.
09/16/22 GMM unlikely to win gaming concession in Macau, analysts say Several analysts agree that it is unlikely that Macau will leave out any of its six current casino operators.