11/26/21 Sands China recognized by the Dow Jones Sustainability Index Sands China has been included in the Dow Jones Sustainability Asia Pacific Index for its work on environmental and social issues.
11/26/21 Macau: economic diversification is inevitable, authorities say Lei Wai Nong spoke at the Legislative Assembly during his 2022 policy address.
11/26/21 Melco Cyprus to more than double staff for launch of Mediterranean IR Melco Cyprus has announced it will increase its workforce by 260 per cent prior to the opening of the City of Dreams Mediterranean integrated resort.
11/24/21 Wynn to seek legal advice on Dore court judgement Wynn Macau has issued an investor warning after the Court of Final Appeal dismissed its appeal against a ruling that found it jointly responsible for a HK$6m debt to a VIP player.
11/24/21 Casino revenue improved in countries living with Covid-19, analysts say Fitch Ratings has noted that China’s zero-Covid policy continues to affect countries that are heavily dependant on Chinese visitors.
11/23/21 Zhuhai relaxes Covid-19 restrictions for Macau Covid-19 test certificates will now be valid for seven days instead of 48 hours.
11/23/21 SJM to host new Covid-19 vaccination drive in Macau SJM Holdings will host a three-day vaccination outreach service at the Grand Lisboa Hotel.
11/22/21 Macau daily average of visitors continue to rise Macau received a daily average of 26,655 visitors between November 12 and November 18.
11/22/21 Macau GGR up 25% in third week of November Macau’s GGR for the third week of November was up 25 per cent when compared to the previous week, from an average daily revenue of MOP194m (US$24.1m) to MOP242m (US$30.2m).
11/22/21 Macau detects 164 cases of casino-related fraud The Office of the Secretary for Security in Macau reported 164 casino-related fraud cases in the first nine months of the year.
11/19/21 S&P: Macau GGR could return to pre-pandemic levels by 2023 The credit assessment agency Standard & Poors has predicted Macau’s GGR will return to 2019 levels no earlier than 2023.
11/19/21 Macau to see economic rebound in November and December The Macau Economic Association has predicted that Macau’s economy could start to recover in the last months of the year mainly due to several large-scale events and a stable pandemic situation.
11/18/21 Casino operators optimistic about Macau’s future The Macao Gaming Summit 2021 heard optimistic opinions about the Macau casino industry’s recovery after the Covid-19 pandemic.
11/18/21 SJM Holdings: Macau’s 2022 GGR could reach 60% of pre-pandemic levels Benjamin Toh Hup Hock, chief financial officer (CFO) at SJM Holdings Ltd, has said Macau’s GGR could reach 60 per cent of pre-pandemic levels if the city eases travel restrictions with Hong Kong in the coming months.
11/18/21 Macau gaming tax revenue up 29.9% in October Macau’s tax revenue from the gaming industry was up 29.9 per cent month-on-month in October, from MOP1.77bn (US$220.5m) to MOP2.30bn (US$287.2m).
