09/29/22 Macau GDP could fall by up to 29.2% this year, analysts say The University of Macau has predicted that economic growth in the city will decline by between 26.4 per cent and 29.2 per cent year-on-year.
09/28/22 Macau to reach pre-pandemic levels in early 2023, analysts say BofA Securities predicts that GGR in early 2023 could exceed results from May 2021, the best monthly performance since the Covid-19 pandemic began.
09/26/22 Macau casino stocks rise on news of return of Chinese package tours According to chief executive Ho Iat Seng, package tours from mainland China will return to Macau in November.
09/26/22 Macau casino operators could return to positive EBITDA in Q4 Brokerage JP Morgan believes the resumption of the e-visa system for residents of mainland China could benefit Macau gaming operators.
09/23/22 Macau casino tender negotiation stage to begin on Monday Each bidder’s representative will meet with the government committee overseeing the tender process.
09/22/22 MGTO lowers expectations for October Golden Week MGTO director Maria Helena de Senna Fernandes now has conservative expectations and doesn’t anticipate a surge in visitors.
09/21/22 Macau visitor arrivals up 3,2% in August Macau registered 331,397 visitor arrivals in August amid an easing of cross-border measures between Zhuhai and Macau.
09/21/22 Macau: doubts about benefit from Hong Kong’s easing of Covid-19 measures Andy Wu Keng Kuong, president of the Macau Travel Industry Council, said the measure would have little impact on Macau’s tourism sector.
09/21/22 Macau gaming tax revenue down 44.2% for first eight months The government has collected just under MOP14.51bn in direct taxes on gaming.
09/20/22 Could Genting be seeking to partner with a Macau gaming operator? Sanford C. Bernstein believes Genting’s bid for a Macau gaming concession could be an attempt to gain a partnership with an incumbent concessionaire.
09/19/22 Macau received 121,657 visitors from September 9 to 15 The city recorded 23,362 visitors on September 16.
09/19/22 Macau accepts gaming concession bids – one conditionally Bids from Macau’s current six casino operators have been accepted without mention of any condition.
