11/09/18 Melco revenue down in Q3 due to lower VIP During the third quarter, Melco Resorts’ VIP gross gambling revenue saw a decline and dragged the companies’ figures down.
11/08/18 MGM praises Macau’s future MGM Resorts CEO James Murren assured that Macau’s gaming market has the potential to grow even bigger than it already is.
11/05/18 G2E Asia gets awarded G2E Asia won the 2018 Outstanding Trade Exhibition Award at the AFECA Asian Awards.
11/02/18 Macau’s October casino revenue was the highest since 2014 Casino revenue grew 2.6% during last month to €2.97 billion and posted an increase for the 27th month in a row.
10/31/18 Macau casino entry ban to affect 54,000 gaming workers Casino industry staff members won’t be allowed in casinos outside work hours and will impact 54,000 people.
10/29/18 Las Vegas Sands to invest in Macau The company is set to increase its investment in its Macau business to more than €1.5 billion.
10/26/18 Galaxy posts financial growth during third quarter Galaxy Entertainment Group saw a 6% net revenue increase year-on-year during the third quarter and reached €11.4 billion.
10/24/18 Macau gaming taxes up 17 pct in 2018 Between January and September, the gaming industry contributed with €8.65 billion, the Financial Services Bureau revealed.
10/17/18 Casino shares down in Macau over trade war fears Investors’ fear over the trade war between China and the US have caused Macau’s major casinos’ stock prices to drop by 40% since June.
10/12/18 Macau GDP to slow in 2018 According to the IMF, the Chinese territory’s GDP will slow sharply in 2018 and remain flat during next year.
10/11/18 Macau strikes on money laundering The Macanese authorities have launched an operation against money laundering in the casino segment and have already had results.
10/10/18 Visitors swarm Macau during Golden Week Arrivals to the area during the October Golden Week rose 7.2% year-on-year after reaching 890k visitors.
10/05/18 Macau takes 17 pct more in gaming taxes in 2018 In the eight months to August 31, the Macau government took €7.6 billion in gaming taxes, a 17% growth year-on-year.
10/03/18 Macau’s Golden Week to miss market expectations According to brokerage Sanford C. Bernstein, the territory’s operators will underperform during the October holiday period.
10/02/18 Macau casinos report September financial results Revenue at local casinos increase 2.8%, which is significantly lower than analysts predictions.
