09/21/21 Macau GGR down 8% in third week of September Macau’s GGR for the second week of September declined 8 per cent, with average daily revenue of MOP243m (US$30.3m).
09/20/21 Suncity CEO doesn’t expect Macau gaming laws changes to drive out junkets Alvin Chau Cheok Wa, CEO of Suncity, has said he doesn’t believe changes to the current city’s gaming laws are intended to end junket operations in the city.
09/20/21 Analysts lower Macau GGR predictions again Morgan Stanley now predicts that Macau’s gross gaming revenue (GGR) will only reach 33 per cent of pre-pandemic levels this year.
09/17/21 Wynn Macau gets US$1.5bn credit facility Wynn Macau has announced it has obtained a revolving loan facility of US$1.5bn to refinance existing debt and for general corporate purposes.
09/17/21 Reaction to Macau gaming laws changes exaggerated, analysts say Analysts say the fall in Macau casino operators’ stocks after the government suggested changes to the current city’s gaming laws was unwarranted.
09/17/21 Expectations rise for October Golden Week Macau now hopes October’s Golden Week will attract around 35,000 visitors a day.
09/16/21 Grand Lisboa Palace to open two more restaurants Grand Lisboa Palace has announced it will open two further restaurants on September 22 and September 30.
09/16/21 Macau: woman arrested for US$12m junket theft Police in Macau have arrested a woman that worked at a VIP casino venue for the heft of nearly MOP95.5m (US$11.9m) in deposits from over 70 clients.
09/16/21 Macau announces return of “Stay, Dine and See” initiative The Macao Government Tourism Office (MGTO) has announced that the “Stay, Dine and See Macau” will resume from September 18.
09/15/21 Macau gaming stocks plummet after proposed new gaming laws Macau casino operators stocks have fallen heavily after the government suggested changes to the current city’s gaming laws amid a public consultation.
09/15/21 Macau casinos must add flashing clocks to slots by 2024 Authorities have announced that all Macau casinos must add flashing clocks to slot machines.
09/15/21 Macau likely to end sub-concessions system for casino operators Under the revision of the city’s gaming law, Macau wants to end the current sub-concession system and increase oversight of gaming concessionaires and junket operations.
09/14/21 Macau consultation on gaming law to open on September 15 Macau’s Gaming Inspection and Coordination Bureau has confirmed that a public consultation on gaming law will open on September 15.
09/14/21 Macau GGR up 6% in second week of September Macau’s GGR for the second week of September rose 6 per cent, with average daily revenue of MOP264m.
09/14/21 Macau gaming tax revenue reaches US$408m in August Macau’s government collected MOP3.27bn (US$408m) in tax revenue from the gaming industry in August.
