01/22/21 Macau expands quarantine measures People arriving from overseas will have to undergo an additional 7 days of “self-health management” after 21 days of quarantine.
01/22/21 Sands China to open The Londoner on February 8 The date of The Londoner’s inauguration was announced at a rally attended by 2,000 members of staff.
01/22/21 SJM sells US$1bn in notes to cancel Grand Lisboa loans The Macau operator has entered two agreements to sell senior notes and cancel facilities obtained for the construction of Grand Lisboa Palace.
01/21/21 Sands China grants bonus to full-time Macau casino staff All six major casino operators in Macau have granted staff annual bonuses.
01/21/21 Fifth Macau casino to grant employee bonuses Galaxy Entertainment has become the latest casino operator in Macau casinos to grant a one-off bonus to employees.
01/20/21 Length of Macau visitor stays rose in 2020 While arrivals decreased, Macau visitors stayed longer in 2020 amid pandemic countermeasures.
01/20/21 Macau casino workers report being forced to resign Dealers at a satellite casino have reported being forced to resign amid the ongoing Covid-19 pandemic.
01/19/21 Macau gaming industry achieves breakeven EBITDA According to Sanford C. Bernstein, Macau is already achieving breakeven EBITDA due to a recovery in mass and non-gaming.
01/19/21 Grand Lisboa Palace to see EBITDA of US$451m by 2023 Fitch Ratings has made the forecast in a report on casino operator SJM Holdings.
01/19/21 Macau casinos grant employee bonuses Wynn Macau, Melco and MGM China will offer non-management employees the equivalent of a month’s salary.
01/18/21 Moody’s fears Melco debt could reach US$7bn The ratings agency cites “sluggish cash flow” and planned capital spending on Studio City and a Cyprus resort.
01/18/21 Macau’s GGR reaches US$2.75bn in last quarter Mass baccarat represented over half of GGR at Macau casinos for last three months of 2020, followed by VIP baccarat and slot machines.
01/15/21 Four accused of selling fake VIP chips in Macau Four residents allegedly sold about US$189,790 in fake chips to two local businessmen.
01/15/21 Macau gaming service index up 17 points A mystery shopper survey found casino workers are more proactive and smiling more but also less tolerant with customers.
01/14/21 Macau hotel prices fell 50% in 2020 Impacted by the pandemic, the Tourist Price Index in the last quarter of the year fell by 15 per cent, according to the Statistics and Census Bureau.
