06/20/18 Macau GGR to rise in June According to Bernstein, Macau GGR is set to increase by 22 per cent thanks to a positive Morpheus opening and the Dragon Boat Festival long weekend.
06/18/18 Lawrence Ho hopes for more gaming tables The CEO of Melco Entertainment is hoping that the government will grant the company more gaming tables for the new Morpheus Hotel.
06/15/18 Macau rejects more tables for Morpheus hotel The government has rejected a request to add more live-dealer tables at the hotel, located in the City of Dreams Macau casino resort.
06/13/18 Macau GGR grows on the mass-market According to analysts, GGR growth in Macau in June is expected to continue to be supported by an increase in revenue in the mass-market.
06/12/18 Macau’s GGR on track for 16 pct growth Bernstein foresees that gross gambling revenue will increase between 16 to 18 per cent in June.
06/08/18 SJM seeks licence extension in Macau SJM Holdings’ gaming licence expires in 2020 and the company seeks to get a two-year extension from Macau authorities.
06/07/18 Moody’s gives Macau stable rating The credit ratings agency has kept the local economy unchanged and issued Macau with a strong “Aa3 stable” rating.
06/07/18 Macau’s poor revenue hit the stock market A report showing lower than expected GGR in May has impacted several casino operators.
06/05/18 Macau would improve workers’ benefits The government of Macau is urging casino operators to join a pension plan to improve workers’ benefits.
06/05/18 Wynn earnings forecast lowered for 2Q According to Deutsche Bank Securities, the VIP gaming segment performance in Macau has lowered Wynn Resorts’ earnings forecast.
06/04/18 Las Vegas Sands eyes investment in Macau The US-based casino operator is set to make a further investment in the thriving Macanese market, the company’s president and COO said.
06/04/18 Casinos in Macau report revenue gain in May While gambling revenue increased in the Chinese hub, the results were lower-than-expected in May.
05/31/18 Macau could allow a new casino The new Asian casino would be located at The 13 Hotel on the Cotai-Coloane border.
05/30/18 Macau targets illegal money exchanges The Secretary for Security said the city will further tackle the illicit money exchange inside and around casinos in Macau.
05/30/18 Tourism boosts Macau’s GDP growth The Chinese region’s GDP grew by 9.2 per cent year-on-year during the first quarter of 2018 thanks to gambling tourists.
