08/02/21 Macau GGR up 29% in July Macau has reported gross gambling revenue of MOP8.44bn (US$1.05bn) for July, up 29 per cent when compared with the previous month.
08/02/21 SJM expects Grand Lisboa Palace to break even in 12 months Daisy Ho Chiu Fung, SJM Holdings’ chairman, has said the company expects Grand Lisboa Palace could reach break-even in a year’s time
08/02/21 Rise in Covid-19 cases in China could affect Macau’s August GGR Sanford C. Bernstein Ltd has predicted that Macau’s GGR for August could be down 60 per cent compared to August 2019.
07/30/21 Chinese controls will not impact on Macau, analysts say Morgan Stanley says that China’s increased regulatory oversight on overseas gaming will not have a deep impact on Macau’s gaming sector.
07/30/21 SJM to allocate 118 gaming tables to Grand Lisboa Palace Daisy Ho Chiu Fung, SJM Holdings chairman, has said the company plans to reallocate 118 gaming tables to its Grand Lisboa Palace resort, which opens today.
07/30/21 Macau occupancy rate up 23.2% in H1 The Macau Statistics and Census Bureau has reported that the average occupancy rate at Macau hotels was up 23.2 per cent in the first half of the year when compared to the prior-year period.
07/30/21 Macau to resume Covid-19 test rules for mainland China Visitors coming on direct flights from mainland China must hold a negative Covid-19 test taken within 48 hours.
07/29/21 APE expects 75% drop in revenue for H1 Asia Pioneer Entertainment Holdings (APE) has forecast revenue of HK$3m for the first six months of the year, down 75 per cent when compared to 2020.
07/29/21 Melco CEO expects Macau gaming licences to be extended Lawrence Ho, Melco’s chairman and CEO, has said he expects no surprises regarding Macau’s concession renewal process despite a regulatory crackdown in China.
07/29/21 Grand Lisboa Palace partial opening announced for July 30 Daisy Ho Chiu Fung, SJM Holdings chairman, has said Grand Lisboa Palace will one of its hotel towers with 300 rooms.
07/28/21 Macau GGR down 14% for third week of July Macau’s GGR in the third week of July was down 14 per cent when compared to the previous week.
07/28/21 Macau: Studio City to list US$1.1bn in bonds Studio City has announced it will list US$1.1bn in 5 per cent bonds due in 2029 on the Chongwa (Macao) Financial Asset Exchange.
07/28/21 Melco Resorts posts US$566.4m in revenue for Q2 Melco Resorts & Entertainment has reported total operating revenues of US$566.4m for the second quarter of 2021, up 222 per cent.
07/27/21 Macau: new border control measures amid Covid-19 rise in China Authorities in Macau have recently imposed a 14-day quarantine on visitors from four Chinese provinces.
