07/28/22 Macau: no new Covid-19 infections for first time since mid-June The government of Macau has reported that no new Covid-19 cases were identified yesterday.
07/27/22 Macau creates commission to oversee gaming concession tender The new tender committee will elect its chairman and secretary at its first meeting.
07/27/22 Macau gaming industry to rebound once travel restrictions are erased Analysts agree that the gaming industry’s recovery could come quickly once travel restrictions in Macau are lifted.
07/26/22 Macau GGR will be down 99% in July, analysts say Bernstein Research predicts that Macau’s casino operators will report nearly zero revenue for July due to Covid-19 restrictions.
07/25/22 Macau casinos reopen but the outlook isn’t good The majority of Macau’s casinos have reopened on a limited basis but business remains low due to travel restrictions in mainland China.
07/20/22 Macau expects to ease Covid-19 countermeasures from July 23 Authorities in Macau intend to move to a new “consolidation phase” from July 23 as long as new Covid-19 cases continue to decline.
07/20/22 Macau visitor arrivals down 36.6% in June Macau registered 381,000 visitor arrivals in June, down 36.6 per cent month-on-month and down 28 per cent from 2021.
07/18/22 Macau casinos will remain closed for another five days Authorities have decided that casinos will remain closed until July 22.
07/15/22 Macau’s gaming law aligns with China’s security concerns, analysts say MdME Lawyers, a Macau law firm, says the new legislation aligns with China’s concerns about national security and illegal cross-border capital flows.
07/15/22 Grand Lisboa Palace ‘yellow’ status lifted However, the casino complex will remain closed along with other casinos until July 18.
07/14/22 Analysts predict Macau 2023 GGR could reach 60% of pre-pandemic levels Analysts at Morningstar have also lowered their predictions for Macau’s 2022 gross gaming revenue to 20 per cent of 2019 levels.
