04/12/22 Macau slot parlours could be treated like satellite casinos under new gaming law According to gaming regulation experts, slot lounges located outside casinos could be in a similar legal position to satellite casinos.
04/12/22 Covid-19 in China could dash Macau’s Labour Day holiday period Wong Fai, president of the Macau Leisure Tourism Services Innovation Association, has warned that a new wave of Covid-19 cases in mainland China could affect arrivals for the holiday in May.
04/11/22 Macau satellite casinos “fraught with opacity and undesirable business practices” says academic Professor Ryan Ho Hong Wai, a lecturer at the Centre for Gaming and Tourism Studies of the Macao Polytechnic University has analysed the future of Macau’s satellite casinos.
04/11/22 Macau average daily revenue up 3% last week Macau registered a daily revenue of MOP100m in the week to April 10th, up 3 per cent compared with the prior week.
04/11/22 Melco creates voluntary scheme for share options The new options have an exercise price of US$2.4667 per share for eligible employees and other eligible people associated with the company.
04/08/22 Macau visitor volume affected by Covid-19 surge in Shanghai, MGTO says Macao Government Tourism Office director Maria Helena de Senna Fernandes, said the number of tourists to Macau has dropped due to Covid-19 cases in Shanghai.
04/08/22 Melco Resorts CEO awarded restricted shares worth US$15.2m Melco CEO Lawrence Ho Yau Lung has been awarded 2,052,206 shares worth US$15.2m.
04/07/22 Melco International to rearrange share option scheme Melco International says the previously granted share options no longer serve the purpose of providing incentives or rewards to grantees.
04/07/22 Wakayama governor urges prefectural assembly to vote in favour of IR Wakayama’s governor hopes to submit IR plans to central government before the April 28 deadline.
04/07/22 Drop in South Korean casino workforce The number of staff at major South Korean casinos has fallen since the start of the Covid-19 pandemic.
04/06/22 Paradise Co casino sales up 11.8% in March Paradise Co has reported that casino sales grew 11.8 per cent month-on-month from KRW17.07bn to KRW19.02bn (US$15.6m).
