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DICJ warns VIP room workers cannot be dismissed

Macau’s Gaming Inspection and Coordination Bureau (DICJ) and the Labour Affairs Bureau have said that the jobs of employees in VIP rooms promoted by junket operators shouldn’t be affected by the suspension of partnerships.

12/09/21

Macau gaming and tourism to recover in 2022, analysts say

Analysts at Fitch Ratings Inc. have predicted that Macau’s gaming and tourism sectors recovery will gain steam in mid-2022.

12/08/21

Casino concessionaires suspend operations with Tak Chun junket

Tak Chun, the second-largest junket operator in Macau, has confirmed that some casino operators have decided to temporarily suspend their partnerships.

12/08/21

Gaming operators will terminate agreements with junkets, analysts say

Analysts at Morgan Stanley have said that more gaming operators will end agreements with junkets, effectively closing the junket sector in Macau without the government having to intervene.

12/07/21

Wynn Macau to close all VIP rooms from December 20

Credit Suisse has revealed that Wynn Macau will close all of its VIP rooms and is planning to retain only its direct VIP business.

12/07/21

Macau: DICJ tells junkets to stop offering credit

It’s been revealed that Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), has instructed junket operators to stop offering loans to customers.

12/07/21

Macau casino stocks rise after Omicron fears abate

Macau casino stock prices rose after worries about the new Covid-19 strain began to subside.

12/07/21

Macau GGR up 14% in first week of December

Macau’s GGR for the first week of December was up 14 per cent week-on-week to MOP260m (US$32.4m).

12/06/21

Wynn Macau grants share options to five non-executive directors

Wynn Macau Ltd has announced that five non-executive directors have been granted new share options.

12/02/21

Macau’s premium mass business could be affected by Alvin Chau arrest

Analysts at J.P. Morgan has noted that 10 to 20 per cent of Macau’s premium mass business is connected to junkets.

12/02/21

“Macau’s gaming market will improve in the medium term” – MGM CFO

Jonathan Halkyard, CFO of MGM Resorts International, spoke about the future of Macau’s gaming market in an online session at the Morgan Stanley Global Retail and Consumer Conference.

12/02/21

Macau GGR for December may rise 8% month-on-month

Sanford C. Bernstein has predicted that Macau’s GGR for December could be down by 68 per cent when compared to pre-pandemic levels but up 8 per cent month-on-month.

12/01/21

Sands China to pay extra salary for 25,000 employees

Eligible non-senior management full-time team members will receive a bonus salary on January 17.

12/01/21

Macau GGR up 54.6% in November

Macau has reported gross gambling revenue of MOP6.75bn (US$844m) for November, up 54.6 per cent month-on-month.

11/29/21

Suncity Group chairman arrested in Macau

Authorities in Macau have confirmed that Alvin Chau and 11 others have been arrested over cross-border gambling and money laundering accusations. Macau casino stocks fell on the news.

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DICJ warns VIP room workers cannot be dismissed

Macau gaming and tourism to recover in 2022, analysts say

Casino concessionaires suspend operations with Tak Chun junket

Gaming operators will terminate agreements with junkets, analysts say

Wynn Macau to close all VIP rooms from December 20

Macau: DICJ tells junkets to stop offering credit

Macau casino stocks rise after Omicron fears abate

Macau GGR up 14% in first week of December

Wynn Macau grants share options to five non-executive directors

Macau’s premium mass business could be affected by Alvin Chau arrest

“Macau’s gaming market will improve in the medium term” – MGM CFO

Macau GGR for December may rise 8% month-on-month

Sands China to pay extra salary for 25,000 employees

Macau GGR up 54.6% in November

Suncity Group chairman arrested in Macau

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ACMA clarifies Australian gambling ad rules

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Questions raised over effectiveness of online gambling enforcement in Thailand

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Macau Q3 GGR falls 3.8% as mass baccarat declines

Regulation

PAGCOR targets December launch for app to help players identify licensed online gaming platforms

DICJ warns VIP room workers cannot ​be dismissed

Macau gaming and tourism to recover in 2022, analysts say

Casino concessionaires suspend operations with Tak Chun junket

Gaming operators will terminate agreements with junkets, analysts say

Wynn Macau to close all VIP rooms from December 20

Macau: DICJ tells junkets to stop offering credit

Macau casino stocks rise after Omicron fears abate

Macau GGR up 14% in first week of December

Wynn Macau grants share options to five non-executive directors

Macau’s premium mass business could be affected by Alvin Chau arrest

“Macau’s gaming market will improve in the medium term” – MGM CFO

Macau GGR for December may rise 8% month-on-month

Sands China to pay extra salary for 25,000 employees

Macau GGR up 54.6% in November

Suncity Group chairman arrested in Macau

DICJ warns VIP room workers cannot be dismissed