East Asia

Macau to decide if Hong Kong visitors could enter casinos

Macau gaming law will allow junkets to serve one casino operator

74.3% of Macau’s Q4 GGR came from mass-market gaming

Macau’s Gaming Inspection and Coordination Bureau has reported that the mass-market contribution hit a quarterly high in Q4.

01/18/22

Genting Hong Kong considers filing for liquidation

Genting Hong Kong has confirmed it is analysing the possibility of filing for liquidation after a German court denied its request for the release of a US$88m loan arrangement.

01/18/22

Macau GGR down 8% in second week of January

Macau’s GGR for the second week of January was down 8 per cent week-on-week with average daily revenue of MOP244m (US$30.5m).

01/17/22

Macau continues to tighten travel restrictions due to Covid-19 cases

Macau has decided to strengthen restrictions again due to a rise cases of Covid-19 in mainland China.

01/17/22

Macau casino stocks rise after new gaming law announcement

Macau casino stock prices rose after authorities announced details of the gaming law amendment bill.

01/17/22

Macau casino operators in favour of gaming law amendment bill

All six Macau casino operators have shown support for amendments to the gaming regulatory framework announced by the government last Friday.

01/14/22

South Korea strengthens Covid-19 countermeasures in casinos

Due to the rapid spread of the Covid-19 Omicron variant and to avoid an outbreak of new cases, authorities in South Korea have decided to reintroduce countermeasures in entertainment venues.

01/14/22

Andy Lin Chuen Chow steps down as Rich Goldman chairman

Rich Goldman Holdings Ltd. has announced Andy Lin Chuen Chow will resign as chairman of the company and is going to be replaced by Lin Yee Man.

01/14/22

Macau casino licences limited to six with a duration of 10 years

Macau’s new gaming law will allow up to six gaming concessions with a length of 10 years with the possibility of a 3-year extension.

01/13/22

Macau: US-controlled casinos will not be treated differently, Fitch says

Analysts at Fitch Ratings Inc. stated US casinos in Macau are key to the local gaming industry and won’t be treated any differently from local casino operators.

01/13/22

From Friday people must show a negative Covid-19 test for entering Macau

Authorities in Macau have said that people from mainland China who want to enter the city must show a negative Covid-19 test issued 48 hours before.

01/13/22

Genting HK shares fall on concerns over default risk

Genting Hong Kong shares plunged 56 per cent after the company’s shipyard located in Germany filed for bankruptcy.

01/13/22

Macau authorities detected 1,330 suspicious transactions in 2021

54.6 per cent of the total suspicious transactions registered in 2021 were related to the gaming industry.

01/13/22

Macau GGR could reach 44 per cent of pre-pandemic levels, analysts say

Sanford C. Bernstein Ltd. forecasts Macau’s GGR is likely to recover 47 per cent year-over-year in 2022.

Check the latest East Asia news

Macau gaming law will allow junkets to serve one casino operator

74.3% of Macau’s Q4 GGR came from mass-market gaming

Genting Hong Kong considers filing for liquidation

Macau GGR down 8% in second week of January

Macau continues to tighten travel restrictions due to Covid-19 cases

Macau casino stocks rise after new gaming law announcement

Macau casino operators in favour of gaming law amendment bill

South Korea strengthens Covid-19 countermeasures in casinos

Andy Lin Chuen Chow steps down as Rich Goldman chairman

Macau casino licences limited to six with a duration of 10 years

Macau: US-controlled casinos will not be treated differently, Fitch says

From Friday people must show a negative Covid-19 test for entering Macau

Genting HK shares fall on concerns over default risk

Macau authorities detected 1,330 suspicious transactions in 2021

Macau GGR could reach 44 per cent of pre-pandemic levels, analysts say

Business

Macau set for visitor influx during Mid-Autumn Festival

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Grand Lisboa Palace becomes Greater China’s first sustained carbon-neutral MICE venue

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Singapore tightens casino rules with new measures on digital gaming and crime