04/30/21 Macau hotel guests up 160.2% in March The Macau Statistics and Census Bureau has reported that the average occupancy rate at Macau hotels was up 16.9 per cent from the previous month.
04/29/21 MGM China revenue up 8.8% in Q1 MGM China has reported that revenue for the first quarter of 2021 reached HKD2.30bn (US$296.4m), with EBITDA of HK$84.3m (US$10.8m).
04/29/21 Melco CEO says China is the most important market for Macau Melco Resorts Chairman stated that although a travel bubble between Hong Kong and Macau would be great news, mainland China is the most important market.
04/28/21 Macau announces new border crossing with Guangdong for H2 The new border crossing for pedestrians will connect Macau with the city of Zhuhai, in mainland China’s Guangdong province.
04/27/21 Hong Kong eases Covid-19 quarantine requirements Hong Kong wants to resume the flow of people between Hong Kong, Guangdong and Macau by easing quarantine requirements.
04/27/21 Macau daily GGR could reach US$50m during Labour Day break Macau’s daily gross gaming revenue (GGR) during the third week of April was MOP292m, up 9 per cent from March.
04/23/21 Grand Lisboa Palace ready to launch Grand Lisboa Palace has passed the government’s final inspections and is expecting to receive an operating permit soon.
04/23/21 Melco revenue to reach 50% of 2019 levels in 2021, analysts say According to Moody’s, Melco Resorts could reach 100 per cent of pre-pandemic levels by the year 2023 with a better level of profit on its returning business.
04/23/21 Macau visitor arrivals up 255.4% in March Macau registered 754,541 visitor arrivals in March, up 76.7 per cent from the previous month.
04/23/21 Sands China reports revenue of US$771m for Q1 Sands China has seen revenue start to recover, with the premium-mass segment reaching half pre-Covid-19 levels.
04/22/21 Report suggests Macau consider online gambling to recover from Covid-19 Analysts say the recovery of Macau’s tourism sector may take longer than expected and that the city should consider turning to technology and online gambling to maintain revenue.
04/22/21 Macau: suspicious transactions reports up 7.9% in Q1 The gaming industry filed 362 suspicious transactions reports in Macau in the first three months of 2021, up 1.5 per cent year-on-year.
04/21/21 Macau occupancy rate could reach 80% during Labour Day break Macau hopes the Labour Day break will see an improvement for the tourism and gaming sectors.
04/20/21 Macau tourism continues to rise, GGR up slightly Macau recorded its highest daily volume of visitors since the start of the Covid-19 pandemic on Friday April 16 with 34,252 arrivals.
04/17/21 Melco achieves accreditation from Responsible Gambling Council Melco has received accreditation from the Responsible Gambling Council for its casinos in Macau and the Philippines.
