05/22/23 Macau GGR shows strong growth in May, analysts say Macau’s gross gaming revenue (GGR) is surpassing April’s figures.
05/22/23 Macau hotel occupancy reaches 86.2 per cent in April The increase was driven by a rise in tourist numbers.
05/18/23 Macau’s new gaming credit bill passes first reading The bill will now be assigned to a Legislative Assembly panel for closer scrutiny.
05/17/23 S&P expects Macau mass market GGR to recover to 75-85% of 2019 levels S&P Global Ratings has revised its outlook for Macau’s mass-market gross gaming revenue.
05/17/23 Macau attracted over 7.92 million visitors between January and May 10 The number of visitors to Macau this year has already exceeded last year’s total.
05/16/23 Macau GGR to surpass 2023 target, analysts say Macau’s gross gaming revenue is expected to exceed the MOP130bn target thanks to a better-than-expected recovery.
05/15/23 Macau GGR for first 14 days of May estimated at US$990m JP Morgan estimates a daily run-rate of MOP570m.
05/10/23 New Macau bill proposes sanctions for casino credit breaches Macau’s new gaming credit law proposes fines of up to MOP5.0m (US$618,932) for casino operators.
05/09/23 Macau tourism to hit pre-pandemic levels this summer Visitor arrivals are expected to reach pre-pandemic levels, according to the Macau Travel Industry Council’s president.
05/04/23 Macau’s mass market demand rebounds to 90% of pre-Covid levels According to J.P. Morgan, mass demand was strong during the Labour Day holiday.