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.
01/07/21 Association urges Macau CE to support casino employees The Macau Civil Servants Association asked the authorities to encourage gaming operators to give rewards to employees amid the pandemic.
01/07/21 Wynn Macau to cut management salaries The company has decided to cut salaries due to the impact of the pandemic on group finances but confirmed a later compensation.
01/07/21 Studio City expects to raise US$750m from new notes Phase two of the company’s Cotai casino complex was delayed and there’s no expected date of completion yet.
01/06/21 Macau regulator’s deputy director takes unpaid leave The Gaming Inspection and Coordination Bureau has announced its deputy director, Leong Man Ion, has taken unpaid leave.
01/06/21 Macau: visitors down over New Year holiday Number of arrivals in Macau for New Year down compared to the daily average during Christmas.
01/05/21 SJM Holdings: Toh Hup Hock named CFO SJM Holdings has announced the exit of its current CFO, Robert Earle McBain, to be replaced by its chief operating officer.
01/05/21 Studio City expects break-even despite Covid crisis The operator has reported a GGR increase during October and November 2020 which should see it break even based on adjusted EBITDA.
