08/23/22 Macau’s gaming industry won’t see stable results until 2023, analyst says According to Jeffries Group, Macau’s gaming industry will continue to see rocky numbers through the rest of this year.
08/23/22 Macau GGR up 9% between August 15 and 21 Macau’s daily gross gambling revenue (GGR) was up 9 per cent week-on-week at MOP86m ($11m).
08/23/22 Macau received 81,798 visitors from August 12 to 18 The city received a daily tally of 11,685 visitor arrivals.
08/22/22 Pansy Ho to remain as the managing director of MGM Grand Paradise To comply with Macau’s amended gaming law, Ho’s stake in MGM Grand Paradise will increase from 10 per cent to 15 per cent.
08/19/22 SJM CEO reduces stake to 2.79% Ambrose So Shu Fai, vice-chairman and chief executive of SJM Holdings Ltd., has earned approximately HK$86.99m (US$11.1m) from the sale of stocks in the company.
08/19/22 Kangwon Land annual revenue could reach US$1.01bn, analysts say NH Investment & Securities predict the South Korean casino could post revenue of KRW1.33tn (US$1.01bn) by the end of the year.
08/19/22 Studio City Phase II opening delayed Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts, has said that the opening has been pushed back to 2023.
08/19/22 Melco Resorts posts net loss of US$251.5m for Q2 Melco Resorts’ second-quarter net loss increased by 35.4 per cent year-on-year.
08/19/22 Macau visitor arrivals down 98.8% in July Macau registered just 9,759 visitor arrivals in July.
08/18/22 Kangwon Land posts net profit of US$28.8m for Q2 Gross gaming revenue (GGR) was up by 51.5 per cent year-over-year.
08/18/22 China reiterates stance against cross-border gambling Wang Wenbin, a spokesman from China’s Ministry of Foreign Affairs, has advised people involved in cross-border gambling to surrender or face severe punishment.
