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Macau casino operators reminded to have Covid-19 contingency plans

Authorities met with casino, lottery and sports betting operators and warned them to have Covid-19 contingency plans after local cases were detected at the weekend.

09/28/21

Macau arrivals plummet after new Covid-19 cases

The new appearance of local Covid-19 cases has caused the number of tourist arrivals to plummet by 70 per cent.

09/27/21

Analysts warn caution amid Macau’s proposed new gaming laws

Brokerage JP Morgan has warned that Macau’s gaming sector could be “un-investable” due to the possibility of increased oversight of gaming concessionaires and junket operations.

09/27/21

Macau October Golden Week at risk amid local Covid-19 cases

An outbreak of two local Covid-19 cases has endangered Macau’s expectations for the October Golden Week.

09/27/21

Macau cancels gaming law consultation session due to Covid-19 cases

Macau’s Gaming Inspection and Coordination Bureau has confirmed that the public consultation on gaming law has been cancelled after two local cases of Covid-19 were detected.

09/24/21

Melco Resorts and MGM China highlight green initiatives

Melco Resorts and MGM China have highlighted recent ecological initiatives.

09/24/21

Wynn Resorts CEO optimistic about future of Macau gaming

Matt Maddox, chief executive of Wynn Resorts Ltd, believes Macau’s intention to increase the oversight of gaming concessionaires was a practical decision rather than a punitive one.

09/24/21

Capital Group Companies Inc reduces stake in Wynn Macau

Capital Group has announced it has reduced its stake in Wynn Macau from 7.20 per cent to 6.87 per cent.

09/24/21

Sands China completes issue of US$1.95bn in senior notes

Sands China has announced it has finished the issuance of new unsecured notes to redeem in full the outstanding principal amount of its US$1.80bn 4.6 per cent senior notes due 2023.

09/23/21

Expectations rise for October Golden Week in Macau

Expectations for Macau’s October Golden Week continue to rise. Authorities now expect 40,000 daily visitors during the national holiday.

09/23/21

Increased supervision over Macau casinos could hurt premium mass market

According to Ben Lee, managing partner of iGamiX Management & Consulting, Macau could lose 80 per cent of its premium mass business due to the proposed changes to the city’s gaming laws.

09/22/21

SJM Holdings expects casino licence renewal for ten years

SJM Holdings has said it expects that Macau’s gaming concessions will be extended beyond June 26, 2022, for around ten years.

09/22/21

Macau received 409,207 arrivals in August

Macau received only 409,207 visitors in August, down 48.2 per cent when compared to July, mainly due to restrictions caused by the Covid-19 pandemic.

09/21/21

Guangdong removed from Macau’s inbound quarantine list

Authorities have announced that no areas in the neighbouring province of Guangdong will remain on Macau’s inbound quarantine list as of September 21.

09/21/21

Casino operators request more info on Macau gaming law changes

Macau’s six casino operators have attended a public consultation session and asked for more information on the government’s proposed changes to the current city’s gaming laws.