02/09/21 Macau still receiving hotel bookings for Chinese New Year Although the hotels have had many cancellations, new bookings from mainland China are continuing to come in.
02/06/21 Wynn Resorts returns to positive EBITDA Wynn’s two Macau properties saw a notable improvement in operating revenue in the fourth quarter.
02/05/21 Financial reserves from tourism help Macau through pandemic Financial reserves obtained from tourism placed Macau in a favourable position to see through the Covid-19 pandemic.
02/05/21 Japanese junket considers legal action against former president The former president of NINE & PICTURES used company funds to gamble in Macau.
02/01/21 Macau sees best monthly GGR in 12 months Macau GGR for January increased by 2.6 per cent month-on-month compared to December, but doubts remain over forecasts for February.
01/29/21 Macau urges residents not to travel for CNY Travel advice has been published by Macau health authorities following the rise of Covid-19 infections in some Chinese provinces.
01/29/21 89% of Macau casino workers are local Senior and middle management positions at the six major casino operators in Macau are mostly local people.
01/29/21 Macau hotel occupancy at highest since January 2020 The average hotel occupancy rate in Macau reached 53.1 per cent in December.
01/29/21 New Macau resort to be completed by 2022 Genting Hong Kong has sold the Nam Vam Lake development to a local businesswoman from the real state sector.
01/29/21 LVS CEO: “I can’t wait to invest US$10bn in Macau” Las Vegas Sands’ new CEO will honour the company’s late founder’s wishes and increase investment in Macau if authorities require it for the 2022 tender.
01/28/21 Macau casinos have fewer Michelin-starred restaurants Macau has three fewer Michelin-starred restaurants in the Michelin Guide Hong Kong Macau 2021.
01/28/21 Number of Macau junkets continues to fall Everything indicates that 2021 will be the eight consecutive year of the downward trend in the number of licensed VIP junkets in Macau.
01/27/21 Sands China’s new CEO and chairman takes the helm After the death of the company’s founder, Sheldon Adelson, Robert Goldstein has taken up his position as CEO and chairman.
01/26/21 MGM Macau analyses Chinese gaming tourism market As the impact of the Covid-19 pandemic stretches into 2021, the casino operator analysed the state of the Chinese market in a seminar.
01/26/21 Gaming revenues fall as China reduces travel to Macau The impact of the new wave of infections in China has provoked a drop in GGR due to the lack of visitors in Macau, Bernstein says.
