01/18/22 74.3% of Macau’s Q4 GGR came from mass-market gaming Macau’s Gaming Inspection and Coordination Bureau has reported that the mass-market contribution hit a quarterly high in Q4.
01/18/22 Macau GGR down 8% in second week of January Macau’s GGR for the second week of January was down 8 per cent week-on-week with average daily revenue of MOP244m (US$30.5m).
01/17/22 Macau continues to tighten travel restrictions due to Covid-19 cases Macau has decided to strengthen restrictions again due to a rise cases of Covid-19 in mainland China.
01/17/22 Macau casino stocks rise after new gaming law announcement Macau casino stock prices rose after authorities announced details of the gaming law amendment bill.
01/17/22 Macau casino operators in favour of gaming law amendment bill All six Macau casino operators have shown support for amendments to the gaming regulatory framework announced by the government last Friday.
01/14/22 Macau casino licences limited to six with a duration of 10 years Macau’s new gaming law will allow up to six gaming concessions with a length of 10 years with the possibility of a 3-year extension.
01/13/22 Macau: US-controlled casinos will not be treated differently, Fitch says Analysts at Fitch Ratings Inc. stated US casinos in Macau are key to the local gaming industry and won’t be treated any differently from local casino operators.
01/13/22 From Friday people must show a negative Covid-19 test for entering Macau Authorities in Macau have said that people from mainland China who want to enter the city must show a negative Covid-19 test issued 48 hours before.
01/13/22 Macau authorities detected 1,330 suspicious transactions in 2021 54.6 per cent of the total suspicious transactions registered in 2021 were related to the gaming industry.
01/13/22 Macau GGR could reach 44 per cent of pre-pandemic levels, analysts say Sanford C. Bernstein Ltd. forecasts Macau’s GGR is likely to recover 47 per cent year-over-year in 2022.
01/12/22 Macau casinos licence renewal attached to Hengqin plans, analysts say Analysts at JP Morgan Securities said the casino licences renewal after June 2022 could involve committing certain budgets for non-gaming projects in the city.
01/12/22 Galaxy relaunches voluntary resignation scheme Galaxy Entertainment Group has announced it will relaunch its voluntary resignation plan for certain employees.
01/11/22 Macau GGR will reach US$12.5bn this year, according to Wynn Macau Linda Chen, Wynn Macau Executive Director, said she believes Macau’s GGR for 2022 will be MOP100bn (US$12.5bn).
01/10/22 Macau GGR down 9% in the first week of January Macau’s GGR for the first week of January was down 9 per cent week-on-week with average daily revenue of MOP266m (US$33.3m).
