04/17/21 Macau expects revenue boost during Golden Week holiday Chinese bookings for Macau during the Golden Week holiday are increasing. Macau hopes to recover after a weak Chinese New Year.
04/17/21 Macau to reconsider city’s gaming licence criteria Analysts believe Macau should include requirements on investment to boost diversification as part of the retendering process for gaming licences.
04/17/21 Macau could reduce non-resident ‘blue card’ holders The Macau government could take the decision soon if the unemployment rate continues rising amid a difficult economic situation.
04/16/21 Macau gaming tax revenue drops 50% in Q1 Macau’s government collected MOP9.17bn (US$1.15bn) in tax revenue from the gaming industry in the first three months of 2021.
04/16/21 Macau’s economy to rebound by 53 per cent in 2021, analysts say Fitch Ratings Inc. has said that Macau’s economy could rebound after the impact of the Covid-19 pandemic.
04/15/21 Macau may test issuance of virtual currency Analysts believe the issuance of virtual currency could transform Macau’s gaming industry as junket operators will no longer be needed.
04/15/21 Macau considers extending tourism incentives to rest of Asia Macau may extend its incentive scheme for mainland Chinese tourists to other countries.
04/14/21 Macau GGR up 16% in second week of April Analysts have reported that Macau’s gross gambling revenue reached a daily average of US$36.2m.
04/13/21 Analysts expect Macau casinos EBITDA to drop 23% for Q1 According to Morgan Stanley, Macau casinos will report an EBITDA of US$181m, down 23 per cent from the previous quarter despite an increase in gross gaming revenue.
04/10/21 Macau economy could grow in 2021, analysts say According to the University of Macau, Macau’s Gross Domestic Product could grow by up to 33.5 per cent in 2021.
04/09/21 Police in Macau and China bust ring that scammed gamblers Macau’s Judiciary Police joined forces with mainland Chinese security units to dismantle a ring specialising in the use of bank-teller training notes to cheat gamblers in the city.
04/09/21 Macau receives 99,568 tourists during first week of April The average daily volume of tourists arriving during the Easter and Qingming Festival holidays was 53.8 per cent higher than during the 2020 October Golden Week holiday.
04/09/21 Melco gives share options to directors Melco International Development has announced that directors and “certain employees” have been granted a purchase option on shares.
04/07/21 Macau visitor numbers continue to rise but GGR falls Macau has reported gross gambling revenue of MOP$1.5bn (US$187m) for the first six days of April.
04/07/21 Macau junket operators at risk from new laws and Covid-19 impact Macau’s junket operators have been deeply affected by travel restrictions and now China’s restrictions against cross-border gambling services. Analysts believe several could fold.
