04/23/20 Las Vegas Sands on the M&A hunt in Asia CEO Sheldon Adelson said the company is interested in “one or two more operations” in Asia but analyst are unconvinced.
04/23/20 Macau explores health code to ease border restrictions System could pave the way for border restrictions to be lifted, which would provide a boost to the Macau economy.
04/23/20 Wynn Macau: market to take time to recover The casino operator said the crisis will impact its business “for a significant lenght of time”.
04/22/20 Macau govt “still studying” online gaming Chief Executive says the government is looking as ways of diversifying Macau’s economy with online gambling under consideration.
04/22/20 Macau could ease Covid-19 restrictions Chief Executive says that if there are a further ten consecutive days without any new cases, restrictions could be lifted.
04/22/20 Macau GGR to increase in June, Bernstein says Bernstein analysts expect gaming revenues to grow once border restrictions have been lifted
04/21/20 Macau plots €46b expansion in to Hengqin Chief Executive Ho Iat Seng outlines plans to diversify the economy and boost the growth of Macau’s Gross Domestic Product.
04/21/20 Macau considers reducing gaming tax Ho Iat Seng considering measures to help operators survive the impact of the Coronavirus outbreak.
04/21/20 Macau economy set to contract 24% in 2020 Fitch Ratings revealed a report where explains the dependence on gaming revenue will drive the city to a fall in economy.
04/20/20 Macau: gaming workers concerned about jobs The Macau Gaming Association and Gaming Inspection and Coordination Bureau and Labor Affairs Bureau push the govt to support workers.
04/20/20 Macau to work with Chinese govt to help gaming sector Governments to discuss re-issuing individual travel visas in order to allow mainlanders to visit Macau.
04/20/20 Macau gaming taxes down 37% in 1Q 2020 Gaming taxes collected in the first three months of the year total just MOP18.4 billion (€2.1billion).
04/20/20 Macau: only three hotels used as quarantine venues Nine hotels have now been released and will open to the public following a deep clean.
04/17/20 Macau: just 15 players on gaming floors Research by research conducted by Inside Asian Gaming reveals an average of just 15 players on gaming floors at Macau casinos.
04/17/20 Macau: 1Q19 GGR down 59% Official numbers reveal GGR of just MOP$30.64 billion (€3.51 billion) in the first quarter of the year.