04/08/22 Melco Resorts CEO awarded restricted shares worth US$15.2m Melco CEO Lawrence Ho Yau Lung has been awarded 2,052,206 shares worth US$15.2m.
04/07/22 Melco International to rearrange share option scheme Melco International says the previously granted share options no longer serve the purpose of providing incentives or rewards to grantees.
04/01/22 Moody’s downgrades MGM Resorts Corporate Family Rating to B1 Analysts at Moody’s Investors Service have downgraded MGM Resorts International’s corporate family rating from Ba3 to B1.
04/01/22 Macau: March GGR lowest since September 2020 Macau has reported gross gambling revenue of MOP3.67bn (US$454.5m) for March, down 52.7 per cent month-on-month.
03/31/22 Macau: VIP agent allegedly stole US$35.8m from casino VIP deposits Some 200 depositors are believed to have lost deposits after the closure of a VIP room last year.
03/31/22 Authorities in Macau unveil details about new VIP gaming promoter law Authorities in Macau have shared details on the bill that proposes a new regulatory system for junket operators in the city.
03/31/22 All Macau casino operators have requested extension of concessions Adriano Ho of the Gaming Inspection and Coordination Bureau (DICJ) has confirmed that the six operators have submitted proposals to extend their concessions for another six months.
03/30/22 Macau occupancy rate up 10.3 percentage points in February The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 48.7 per cent in February.
03/28/22 Sands China charged US$6m for six-month licence extension in Macau Through its latest financial report, Sands China has revealed it has been asked to pay MOP47m (US$6m) for the six-month extension of its current concession.