02/18/22 Macau gaming tax revenue increases 13% year-on-year in 2021 The Macau government collected nearly MOP33.9bn (US$4.22bn) in fiscal revenues from direct taxes on gaming in full-year 2021.
02/16/22 Macau judge: no evidence that LVS-AAEC partnership would have won a licence A Macau court has determined there is no evidence of a definitive agreement between Las Vegas Sands Corp and Asian American Entertainment Corp to bid for a Macau gaming licence.
04/29/21 Macau: Melco Resorts revenue down 36% in Q1 Melco Resorts & Entertainment has announced that Q1 revenue was down 36 per cent year-on-year but that its net loss has narrowed.
12/22/20 Macau increases quarantine requirement to 21 days Macau is increasing requirements due to the new strain of Covid-19 found in European countries.
12/22/20 Analyst sees recovery for US-based casino operators in Macau For Stifel analyst Steven Wieczynski, the stock prices for Wynn, Las Vegas Sands and MGM have room to grow in 2021.
12/21/20 WTO commends Macau’s economic approach The WTO has praised the SAR’s steps to open and diversify its economy and its response to the crisis provoked by the Covid-19 pandemic.
12/21/20 Macau delays gaming law review due to pandemic The review of gaming legislation, necessary for the retender process for casino concessions, will take place in the second half of 2021.
12/21/20 Macau gaming tax collection jumps 203% The authorities collected US$354.6m in November, one of the best results of the year.
12/18/20 Lisboeta to offer deluxe suites for optional quarantine The hotel, designated by local authorities as an optional venue to undergo quarantine upon arrival, will offer deluxe packages.
12/18/20 Macau gaming law advisor to leave government role Gaming law expert António Lobo Vilela is leaving his position as an advisor to the Macau Secretary of Economy and Finance.
12/18/20 SJM cancels New Year countdown show The casino operator has followed the decision of the Macau Government, which has already cancelled the usual New Year’s Eve celebrations.
12/17/20 Macau forecasts US$16bn GGR for 2021 Authorities in the SAR forecast an increase in visitors for 2021 and a slow recovery for the gaming industry.
12/17/20 Melco to host esports event at City of Dreams The Casino operator is hosting the event in a bid to diversify through online sports and entertainment.
12/16/20 Wynn Macau expects to raise US$765.9m from add-on notes The company plans to use the funds to repay credit facilities.
