06/08/21 Macau tightens controls amid rise in Covid-19 cases in Guangdong Macau has tightened restrictions in response to new cases of Covid-19 in Guandong. Tourism services are expected to be impacted by the new measures.
06/08/21 Suncity launches voluntary redundancy scheme Suncity Group is offering voluntary redundancy through a “Personal Career Reshaping Plan” due to the impact of the Covid-19 pandemic.
06/05/21 MGM CEO: only two Japanese IRs likely to be built Bill Hornbuckle, MGM president and CEO, has said he believes Japan will only build two IRs in the first round of development.
06/04/21 Macau’s recovery slower than expected, Bill Hornbuckle says Despite a slower recovery, MGM Resorts’ CEO believes Macau’s market is in good shape.
06/04/21 Grand Lisboa Palace opening pushed back to Q3 SJM Holdings had hoped to open Grand Lisboa Palace in May or June, but the opening looks likely to be delayed to the third quarter of this year.
06/04/21 Pansy Ho sold more MGM China shares in May Pansy Ho Chiu King sold US$86.05m worth of shares in MGM China’s parent company, MGM Resorts International, reducing her stake to 0.96 per cent.
06/04/21 Macau gaming tax revenue up 57% in April Macau’s government collected MOP3.2bn (US$401.6m) in tax revenue from the gaming industry in April.
06/04/21 Sands expects The Londoner to see similar revenue to The Venetian Las Vegas Sands’ CEO has said the company’s London-inspired casino resort has the potential to reach the same performance levels as The Venetian.
06/04/21 Grand Korea Leisure posts sales of US$9.2m in May Grand Korea Leisure (GKL) has reported KRW10.18bn (US$9.2m) in sales for May.
06/03/21 Sands China and Galaxy lead Macau GGR in Q1 According to analysts at financial services firm Deutsche Bank, Sands China and Galaxy together accounted for 45.3 per cent of Macau GGR in the first quarter of the year.
06/03/21 Paradise Co revenue down 6.1% in May Paradise Co has shared its financial results for May, reporting that casino revenue fell 6.1 per cent to KRW13.88bn (US$12.5m).
06/03/21 Macau GGR could reach 45% of 2019 levels in June, analysts say Bernstein Research predicts Macau GGR may slow down due to a rise in Covid-19 cases in China, which could lead to a decline in visitor arrivals.
06/02/21 Grand Lisboa Palace moves closer to opening The Macao Government Tourism Office (MGTO) has reported that Grand Lisboa Palace is in the final stages of licensing.
06/02/21 Wakayama to confirm Clairvest as IR partner The Wakayama Prefectural Government is expected to oficially announce Clairvest Neem Ventures’ consortium as its IR partner.
