05/04/20 MGM China revenues down 63% in 1Q20 Total revenue for the period reached US$273million with an EBITDA loss of US$22million.
05/04/20 Macau: Four Seasons “grand suites” to open in 2Q Las Vegas Sands confirms extension is on track to complete by June 30 despite the Coronavirus crisis.
04/30/20 Macau waiting for China to lift border restrictions Secretary for Security, Wong Sio Chak, says mainland government needs to green light any easing to border and travel restrictions.
04/30/20 Macau hotel occupancy hits just 23% in March Coronavirus crisis sees hotel occupancy rates fall 67.9 per cent year on year in Macau.
04/29/20 Sands China launches cutting-edge hybrid energy system Macau casino operator replaces gas boiler with state of the art solar thermal heat pump hybrid energy plant.
04/29/20 Macau: visitor numbers plummet 94% in March Just 212,311 visited Macau in March due to the restriction still in place to prevent the spread of Covid-19.
04/29/20 Guandong recovery good for Macau, analysts say Recovery in Fujian and Guandong provinces is expected to be among the fastest, according to research from Sanford C. Bernstein.
04/28/20 Macau legislators concerned over gaming law review Legislators question the feasibility of undertaking a full review of gaming law by the end of the year.
04/28/20 Macau: technology could drive gaming industry recovery Analysts say Macau should look to new technologies such as cashless transactions to drive recovery but regulatory input may be required.
04/28/20 Macau to promote tourism amid Covid-19 crisis Macau government opens MOP$3.2billion war chest to help drive visitors to the city as it looks to recover from the Coronavirus crisis.
04/27/20 Macau: public consultation for gaming law review Secretary for Economy and Finance confirms public will be able to review changes to current gaming law.
04/27/20 Macau: unemployment hits highest levels since 2012 Unemployment rate hit 2.1 per cent between January and March amid the on-going Coronavirus pandemic.
04/24/20 Macau to see “sequential recovery” throughout 2021 According to Union Gaming analysts, the Macau gaming industry could see a post-Coronavirus recovery throughout 2021.
04/24/20 MGM China sees revenues drop 63% in 1Q20 Operators reports revenues of US$272 million for the first three months of the year.
04/24/20 Macau: just two hotels being used as quarantine venues Sheraton Grand Macao has been removed from the list of properties being used as quarantine venues in the city.
