05/05/22 Macau Labour Day break arrivals down 18.2% China’s Labour Day break from April 20 to May 4 saw 136,647 people visit Macau.
05/04/22 Grand Korea Leisure casino sales down 80.6% in April Grand Korea Leisure has reported casino sales of KRW5.77bn (US$4.6m) in April, down 80.6 month-on-month.
05/04/22 Macau’s VIP gaming promoter bill will allow non-resident junket collaborators Committee chairman Andrew Chan Chak Mo has revealed that junket operators’ sub-agents can be non-residents.
05/04/22 SJM Holdings could access US$637m loan from shareholder STDM The casino operator continues to face a critical financial situation and could seek a loan from its largest shareholder to confront liquidity problems.
05/04/22 Macau Labour Day break visitor tally remains low The Public Security Police Force has reported only 24,212 visitor arrivals on the fourth day of the Labour Day break.
05/03/22 SJM Holdings GGR down 4.2% in Q1 The Macau casino operator has reported gross gambling revenue of HK$2.54bn for the first quarter of the year.
05/03/22 Macau receives 92,400 arrivals in first three days of Labour Day break The city received 41,544 visitors on the first day, but numbers have since fallen.
05/03/22 MGM China revenue down 8.9% in Q1 MGM China has shared its financial results for the first quarter of the year, reporting a fall in revenue to HKD2.09bn.
05/03/22 Paradise Co revenue down 7.6% in April Paradise Co has reported that revenue declined 7.6 per cent month-on-month from KRW18.64bn to KRW17.22bn (US$13.5m).
05/02/22 Macau court rules in favour of LVS in AAEC case The Court of First Instance has ruled in favour of Las Vegas Sands Corp (LVS) in the case brought by Asian American Entertainment Corp Ltd (AAEC).
05/02/22 Macau GGR at lowest level since September 2020 Macau’s casino gross gambling revenue for April was down 68.1 per cent year-on-year.
04/29/22 Clairvest denies Wakayama IR plan was unclear The company has closed its offices in Wakayama but says it will look for other investment opportunities in Japan.
04/29/22 Macau GGR could equal 2021 levels if visitor levels remain steady, analysts say If Macau manages to maintain an average of between 20.000 and 30.000 visitors per day, gross gaming revenue is likely to remain at the same levels as in 2021.
04/28/22 Macau occupancy rate down 24.8 percentage points in March The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 30.4 per cent in March.