12/12/22 Macau launches new subsidy scheme to attract Chinese tourists The scheme offers up to MOP250 (US$31) per night per tourist for tour groups of at least 10 people.
12/09/22 Macau could see up to 80% of its population infected with Covid-19 Elsie Ao Ieong U, secretary for social affairs and culture, said there could be an outbreak of Covid-19 cases after the easing of countermeasures.
12/08/22 Macau’s economy could rebound 46% in 2023, according to Fitch Ratings The rating agency believes gross gaming revenue in Macau will recover to half of pre-pandemic levels.
12/07/22 Doubts remain over the future of Macau’s satellite casinos The names of the satellite casinos that will remain open may only be revealed after the new gaming concessions come into effect.
12/06/22 Proxy betting took place in Tak Chun VIP rooms, court hears A former Tak Chun employee told the court that a mobile app was linked to casinos in Manila.
12/06/22 Macau steps up Covid-19 testing for casino staff Macau casino staff must take Covid-19 tests every two days instead of four.
12/06/22 Macau to reach 95% of pre-pandemic levels in 2024 – JP Morgan DS Kim, an analyst with JP Morgan, says Macau will start to see a market recovery as early as the first few months of 2023.
12/05/22 Vote on Macau junket bill to take place on December 15 The bill proposes changes to the legal framework for junket operations.
12/01/22 Macau Legend appoints So Ka Man as company secretary So Ka Man will also be the company’s authorised representative with effect from today (December 1).
11/29/22 Genting Malaysia may consider joint venture to enter Macau market, analysts say Analysts at JP Morgan think GMM could opt to invest via equity or a joint venture if the pricing is right.
