04/07/20 Macau gaming revenues forecast halved The government has reduced its 2020 Macau gross gaming forecast by half to 130 billion patacas ($16 billion).
04/07/20 Galaxy has “enough liquidity” to face crisis JP Morgan analysts say the company could survive for more than six years with near zero revenue.
04/07/20 Macau: GGR set to fall 95% in April Estimated decline is based on revenues generated from April 1 to April 5 with just MOP500million recorded.
04/06/20 Macau: money laundering cases down 30% Latest Financial Intelligence Office stats show a dip in the number of anti-money laundering reports related to gaming in Macau.
04/06/20 MGM China donates 100,000 childrens masks Casino operator MGM China gives anti-pandemic supplies to Women’s General Association of Macau.
04/03/20 Casinos in Macau have ‘at least six months of breathing room’ before crisis Analysts say most casino operators are well placed to weather the Coronavirus storm.
04/03/20 “I really think this is the moment to legalise online gaming” Jason Ader says online gambling could help operators overcome the challenging period caused by Coronavirus.
04/03/20 Macau govt has no plans to shut down casinos again Secretary for Economy and Finance, Lei Wai Nong, says authorities intend to keep casinos open.
04/02/20 Macau scraps plans to impose tourist tax Coronavirus crisis sees Macau authorities drop motion to implement a tax on tourists visiting the city.
04/02/20 Macau: April GGR could hit zero JP Morgan analysts paint a bleak picture for gaming in Macau.
04/02/20 Macau: 2,600 people held in quarantine hotels A total of 12 hotels have been requisitioned by the SAR government to stop the spread of Coronavirus.
04/02/20 MdME Lawyers hire new partner Helena Kok joins Macau law firm specialising in the gaming sector.
04/01/20 Macau gambling revenue plunges by almost 80% The world’s biggest gambling hub generated 5.26billion patacas (HK$5.1billion) in March.
04/01/20 Coronavirus: More than 500 Macau events cancelled Managing Director of the Macau Convention and Exhibition Association, Alan Ho, says the impact on the MICE sector is “Significant”.
03/31/20 Macau: VIP to recover faster from crisis Analysts say Macau VIP sector could recover faster from The Coronavirus crisis.
