05/24/21 Macau visitor arrivals up 5.3% in April Macau registered 794,819 visitor arrivals in April, up 5.3 per cent from March and 7,000 per cent year-on-year.
05/22/21 Macau’s economy to rebound by 2024, analysts say According to Moody’s Investor Service, Macau’s economy could return to pre-pandemic levels by 2024.
05/22/21 Macau: Melco awards staff that receive Covid-19 vaccine Melco Resorts is offering staff US$125 to encourage them to get vaccinated against Covid-19.
05/22/21 South Shore expects to post US$122.4m full-year loss The owner of The 13 Hotel in Macau has issued a profit warning.
05/21/21 Macau: 49 scams in the gaming sector in Q1 Police have reported that the face value of fake gaming chips in the first quarter of the year was higher than the entire face value of chips detected in 2020.
05/19/21 Macau GGR drops 53% in second week of May Casinos saw a logical decline in revenue following a spike during the Labour Day break.
05/18/21 Macau Legend unsure of quick return to positive EBITDA Melinda Chan Mei Yi, Macau Legend’s executive director, has said it remains difficult to forecast a return to positive EBITDA amid uncertainty around the Covid-19 pandemic.
05/17/21 Macau legislators ask for an evaluation of gaming licensees Macau legislators want an assessment of the current six gaming licensees’ performance and behaviour over the last twenty years.
05/17/21 MGM China lists US$750m in senior notes MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.
05/15/21 Galaxy recovery fueled by premium-mass play, analysts say Galaxy Entertainment showed high levels of hotel occupancy and sales during the Labour Day break in Macau.
05/13/21 Galaxy Entertainment revenue up 5.6% in Q1 Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.
05/13/21 Macau: SJM raises US$160m from new senior notes SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.
05/13/21 Success Universe invests in Bitcoin The casino operator seeks to diversify the group’s investment portfolio with an acquisition of 23.4 units of Bitcoin.
05/13/21 Sands China occupancy reaches 90% over Labour Day break Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.