01/19/22 Macau casino operators to be given minimum annual GGR target The expected gross gaming revenue will be calculated based on each casino operator’s maximum number of gaming tables and slot machines.
01/19/22 First debate on Macau gaming law amendment bill set for January 24 A first-reading debate and vote on the gaming law amendment bill will be held next Monday.
01/19/22 Macau gaming concessionaires to be reviewed every three years According to the gaming law amendment bill, Macau casino operators will be subject to a review by the Gaming Inspection and Coordination Bureau (DICJ) every three years.
01/18/22 Woman receives jail sentence in Suncity investigation The woman had refused to provide a statement during the investigation following the arrest of Alvin Chau Cheok Wa on cross-border gambling and money laundering accusations.
01/18/22 South Korea lottery sales up 10.3% in 2021 The Korea Lottery Commission has reported that lottery sales rose by10.3 per cent last year, setting a new record.
01/18/22 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.
