09/13/21 Hengqin plans won’t benefit Macau casinos in the short term Auditors and analysts believe the Guangdong-Macau plan to develop an intensive cooperation zone on Hengqin won’t have a short-term impact on Macau’s casino industry.
09/13/21 Macau unlikely to ease travel limits this year, analysts say Sanford C. Bernstein Ltd has predicted that the removal of travel barriers to enter Macau won’t happen until 2022.
09/10/21 Sands China to list US$1.95bn in senior notes Sands China has announced it will issue new unsecured notes in three tranches to redeem in full the outstanding principal amount of its US$1.80bn 4.6 per cent senior notes due 2023.
09/10/21 Macau gaming sector gross surplus plummeted to US$2.8bn in 2020 Macau's Statistics and Census Service has revealed the city's gaming sector gross surplus dropped to its lowest tally since 2005 last year.
09/09/21 HK easing of restrictions unlikely to impact on Macau JP Morgan has said the lifting of Covid-19 restrictions to resume the flow of people between Hong Kong, Guangdong and Macau is unlikely to benefit Macau’s tourism sector.
09/09/21 Macau to revise 2021 GGR forecast Lei Wai Nong, Macau’s secretary for economy and finance, has said the government will adjust its 2021 casino gross gaming revenue forecast after a decline in revenue in August.
09/09/21 Macau gaming tax revenue reaches US$2.7bn as of July Macau’s government collected MOP22.2bn (US$2.7bn) in tax revenue from the gaming industry in the first seven months of the year.
09/09/21 Sands China posts US$125m net loss for August Sands China has reported a net loss of US$125m for August, while monthly GGR plummeted 82 per cent compared to pre-pandemic levels.
09/08/21 Macau: 2021 GGR will be down 65% from pre-covid levels Fitch Ratings Inc predicts that Macau’s gross gaming revenue (GGR) will be down 65 per cent from 2019 levels, closing close to MOP102.4bn this year.
09/08/21 Macau restructures Gaming Inspection and Coordination Bureau Authorities in Macau have announced the appointment of 14 new staff to increase the number of management personnel for the Gaming Inspection and Coordination Bureau (DICJ).
09/08/21 Hong Kong to ease Covid-19 restrictions with Macau and Guangdong Hong Kong will launch a “Come2HK” campaign designed to resume the flow of people between Hong Kong, Guangdong and Macau.
09/08/21 MGM launches new luxury suites in Cotai MGM China has announced the launch of new south tower accommodation at its Cotai venue.
09/08/21 Sands China supports Guangdong-Macau plans for Hengqin Sands China has welcomed the Guangdong-Macau plan to develop an intensive cooperation zone on Hengqin.
09/07/21 Macau raises expectations for October Golden Week Authorities now believe the October Golden Week will see nearly 30,000 visitors a day as the city continues to ease Covid-19 restrictions.
09/06/21 Macau posts US$31.2m in GGR for first week of September Macau’s daily GGR was about MOP250m (US$31.2m) for the first week of September.
