06/06/23 Macau mass market spending on the rise, analysts say Deutsche Bank analysts say spending per mass-market visitor has increased by 35-40 per cent compared to 2019.
06/06/23 Macau GGR to fall this month, analysts say June is typically the weakest month for GGR in Macau.
06/05/23 Deutsche Bank lowers Macau GGR forecast Deutsche Bank’s predictions put GGR for Q2 at 39 per cent below 2019 levels.
06/02/23 Macau gaming recovery to continue despite China slowdown, analysts say CBRE Equity Research thinks pent-up demand will continue to drive a recovery in Macau.
06/01/23 Macau GGR up 5.7% month-on-month in May Macau’s casino gross gambling revenue for May was MOP15.57bn (US$1.93bn).
06/01/23 Macau sees rise in flights and cross-border traffic in April There was a 353.6 per cent rise, with flights reaching 2,980 flights.
05/31/23 Macau ranks 4th in WTTC’s top 10 cities for traveller spend Macau outpaced Singapore with a total visitor spend of US$15.58bn.
05/31/23 Macau hotel employment drops 3% in Q1 Macau hotel employment has fallen for the first time in 2 years.
05/29/23 MGTO may discontinue travel subsidies in H2 The Macau Tourism Office (MGTO) is considering stopping some promotion plans.
05/25/23 China urges Macau to continue to diversify economy China is encouraging Macau to reduce its reliance on casinos.
05/25/23 Macau GDP rises 38.8% in Q1 Macau’s GDP was boosted by the lifting of Covid-19-related travel restrictions and the resumption of package tours.
05/23/23 Macau casino operators to delay dividend payments, analysts say Macau casino operators with US majority owners are unlikely to resume payment of dividends to their parent entity this year, according to S&P Global Ratings.