04/29/22 Macau GGR could equal 2021 levels if visitor levels remain steady, analysts say If Macau manages to maintain an average of between 20.000 and 30.000 visitors per day, gross gaming revenue is likely to remain at the same levels as in 2021.
04/28/22 Macau occupancy rate down 24.8 percentage points in March The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 30.4 per cent in March.
04/28/22 Macau evaluates reopening borders to tourists from certain countries Authorities in Macau are analysing the possibility of allowing non-residents from certain countries to enter the city.
04/25/22 Macau GGR up 11% between April 19 and 24 Macau’s GGR was up 11 per cent week-on-week to MOP83m (US$10.3m).
04/25/22 Macau occupancy rate could reach 60% during Labour Day break Macau hopes the upcoming holiday period could help boost the tourism and gaming sectors after a weak month.
04/22/22 Macau visitor arrivals down 19.6% in March Macau registered 526,912 visitor arrivals in March, down 19.6 per cent month-on-month and down 30.2 per cent when compared to 2021.
04/22/22 Macau casinos may have to cover US$6.37bn in junket debts Macau casino operators could have to cover HKD50m (US$6.37bn) of a total HKD100bn of unsatisfied liabilities and uncollected debts left after Suncity Group and Tak Chun were shut down.
04/22/22 SJM chairman confident about next concession period in Macau Daisy Ho Chiu Fung, chairman of SJM Holdings, says the company has been preparing for the tender process and is confident it will continue operating in Macau.
04/21/22 Macau casino stocks rise after easing of Covid-19 countermeasures The shares of Macau casino operators rose between 4 and 8 per cent. The Hang Seng Index rose by 1 per cent.
04/20/22 Macau VIP gaming promoter bill passes first reading The bill on junket businesses and satellite casinos will now be assigned to one of three working committees for detailed examination.
04/20/22 Macau Legend co-chairman questions government diversification plan David Chow, Macau Legend’s co-chairman, says the gaming and tourism industries are still Macau’s core business and that the government should focus on supporting them.