03/07/22 Drop in Macau gaming workers continues in Q4 Authorities in Macau have revealed that the unemployment rate in the city rose in the final quarter of 2021.
03/04/22 Macau could revoke gambling licences for national security interests According to Macau’s gaming law amendment bill, the chief executive has the right to terminate a gambling licence without judicial procedures if a casino operator breaches national security.
03/03/22 Paradise Co casino sales down 5.9% in February Paradise Co has reported that casino sales declined 5.9 per cent month-on-month from KRW18.19bn (US$15.2m) to KRW17.07bn (US$14.2m).
03/03/22 Macau casino licences to be extended to December 31, 2022 The Government of Macau has confirmed it will extend current gaming concessions and sub-concessions for up to six months. The new tender process may begin in Q3.
03/03/22 SJM and GEG announce special paid leave for vaccination SJM Holdings and Galaxy Entertainment Group are the latest Macau operators to offer special paid leave for workers who need to accompany children and elderly parents for vaccination.
03/02/22 Melco CEO pessimistic about Chinese border reopening soon Lawrence Ho, Melco Resorts’ CEO, has said he doesn’t expect China to open its borders this year.
03/02/22 Lottery sales in China down 13.8% in January Chinese lottery sales in January were down 13.8 per cent year-on-year to CNY30.82bn (US$4.88bn).
03/02/22 Melco Resorts posts US$391m in gaming revenue for Q4 Melco Resorts has shared its financial results for the fourth quarter of the year, reporting a 5 per cent rise in net gaming revenue quarter-on-quarter.
03/01/22 SJM Holdings reports net loss of US$530.3m for 2021 The Macau casino operator has reported a net loss of HKD4.14bn (US$530.3m) for the year.
03/01/22 Melinda Chan returns as Macau Legend CEO Melinda Chan Mei Yi has been re-appointed as chief executive officer of Macau Legend Development due to the arrest of Levo Chan.
03/01/22 Macau GGR up 22% in February Macau has reported gross gambling revenue of MOP7.76bn (US$963.8m) for February, up 22 per cent month-on-month.
