11/05/21 Grand Lisboa Palace could reach break-even in Q2 2022, analysts say Analysts at JP Morgan Securities predict that SJM’s Grand Lisboa Palace could reach break-even in the second quarter of next year if Macau reopens its borders.
11/05/21 Macau will aim to open borders when 80% vaccination rate reached Ho Iat Seng, Macau’s chief executive has said that once the city achieves an 80 per cent vaccination rate, it will be easier to negotiate a travel bubble with other regions.
11/04/21 Macau predicts GGR of US$16.2bn for 2022 Authorities in Macau have revealed that they expect GGR to reach MOP130bn for 2022, a figure similar to what is expected for this year.
11/04/21 Grand Lisboa Palace posts US$8.9 in gaming revenue in Q3 SJM Holdings has reported that gaming revenue from Grand Lisboa Palace in Q3 was HKD69m.
11/04/21 MGM CEO optimistic about Macau casino licence renewal Bill Hornbuckle, MGM president and CEO, has said he is “highly confident” that MGM China’s gaming concession will be renewed.
11/04/21 MGM China net revenue down 7% in Q3 MGM China has revealed its financial results for the third quarter of the year, reporting a decrease in net revenues from US$311m to US$289m.
11/03/21 Morgan Stanley says Macau’s regulatory risk is lower than expected Analysts at Morgan Stanley has said that increased supervision over Macau casinos may be lower than stock market investors are currently pricing in.
11/03/21 Macau: November GGR may reach just 30% of 2019 levels Analysts have predicted that Macau’s GGR for November could be down by 70 per cent when compared to pre-pandemic levels, mainly due to travel restrictions and new cases of Covid-19 in mainland China.
11/02/21 359 attended Macau’s gaming law consultation sessions Between September 15 and October 29, 359 people attended the public consultation sessions on gaming laws.
11/01/21 Macau gaming union proposes casino worker security fund At the last public consultation session on Macau’s gaming laws, union leaders proposed the creation of a security fund for casino workers.
11/01/21 Macau: electronic table games must also add flashing clocks by 2024 All Macau casinos must add flashing clocks to electronic table games as well as to slot machines by the end of 2024.
11/01/21 Five workers injured at Galaxy Macau Phase III construction site Macau’s Fire Service Bureau has reported that five workers were injured while working at the Galaxy Macau phase III construction site after a false ceiling collapsed.
11/01/21 Macau: daily arrivals show steady rebound Macau received over 30,000 visitors on October 29 and 29,990 arrivals on Saturday.
11/01/21 Macau GGR down 25.8% in October Macau has reported gross gambling revenue of MOP4.37bn ($544m) for October, down 25.8 per cent month-on-month.
10/29/21 Direct investment in the gaming industry in Macau fell by 30% in 2020 Macau’s Statistics and Census Bureau (DSEC) has reported that direct investment in the gaming industry in Macau fell by 30 per cent in 2020 mainly due to the Covid-19 pandemic.
