01/14/21 Pansy Ho’s PR firm signs agreement with MGM China Occasions Asia Pacific will provide PR and marketing services to MGM Grand Paradise, a subsidiary of MGM China.
01/14/21 Melco GGR up 94% in final quarter of 2020 The company has revealed insights to its financial recovery while announcing a new international offer of senior notes.
01/13/21 Macau EBITDA up 140% from Q1 2020 According to a report from Morgan Stanley, the last quarter of 2020 is likely to show growth compared to the first quarter of the year.
01/13/21 Suncity VIP volume up to 20% of pre-Covid-19 levels The recovery has been slower and more gradual than the group expected, according to Goldman Sachs analysts.
01/13/21 Macau: suspicious transactions reports fall 24% in 2020 The gaming industry filed 1,215 STRs in Macau in 2020, accounting for 54.6 per cent of all reports.
01/12/21 Macau cautious over Chinese New Year estimates The Chinese government’s call for Guangdong residents to stay put will have consequences for Macau.
01/12/21 City of Dreams to reopen hotel before Chinese New Year The Nüwa hotel at the casino resort complex in Macau will reopen after refurbishment in time for the holiday period.
01/12/21 Macau GGR to reach US$23.6bn in 2021, analysts say Estimates suggest a growth in visitation could drive better GGR but only up to 65 per cent of that seen in 2019.
01/11/21 Macau GGR on the up in January According to Bernstein analysts the first 10 days of the month have shown growth compared to December.
01/11/21 China asks Guangdong residents not to travel for New Year Due to an increase in Covid-19 cases, the government has asked residents to stay in the province during the Chinese New Year holiday.
01/08/21 Sheldon Adelson takes leave for cancer treatment Sands current president and COO Rob Goldstein will replace Adelson while he is on leave.
01/08/21 Macau tourism still below expectations Despite efforts, authorities have recognised the number of visitors is still lower than expected after the resumption of visas.
01/08/21 Macau: Trump bans WeChat Pay and Alipay The US president considers China-based apps, often used for purchases or business transactions, to be dangerous for national security.
01/08/21 Adelson leave will not impact Sands China operations Several analysts said the absence of the founder of LVS and Sands China will not impact gaming operations.
01/07/21 MGM “remains committed to Macau” after investor urged to sell MGM Resorts International board of directors has answered the requirement of an investor to sell a part of its MGM China property.
