03/11/16 Macau casinos reduce shuttle bus routes So far, six casinos have agreed to reduce and optimise shuttle bus routes by a fifth.
03/11/16 Galaxy Entertainment keeps growing Lui Che Woo: “With the two new developments completed last year, we believe that we have significantly enhanced our mass and family offer and competitive positioning.”
03/01/16 Macau reported smallest decline in 20 months Despite analysts expected a fall of 2-10 percent, growth in gambling revenue dropped 0.1 percent to 19.5 billion patacas (US$2.4 billion.)
02/24/16 Macau casino operators are targeting the locals The idea of the campaign is to promote non-gaming offerings and has been described as a corporate social responsibility initiative to give back to the community.
02/23/16 Seven-month extension for Parisian Macao Sands China was granted an extension to complete Parisian Macao by the Macau government.
02/16/16 Tourists poured into Macau, yet gambling revenues didn’t improve Due to the Lunar New Year holiday, mainland tourists visited Macau in large numbers, but casino revenues are still down.
02/03/16 Another two VIP rooms closed in Macau The junket operator Cali Group had to close two VIP gaming rooms out of the four it operates.
02/01/16 Macau keeps falling Tourism politics are seeking new countries to be tempted with casino attractions, as well as national or international middle class people.
01/27/16 MGM China gets to soften its loan terms The holding managed to secure the approval of the majority of its lenders to adjust the terms of a HKD23.4 billion (US$3 billion) loan.
01/25/16 Sands China dominates Macau Due to its strong non-gaming business and its dominant position on Cotai, the company has benefited from the shift from the VIP market to the mass market.
01/25/16 Steve Wynn tries to save his resorts After a 2015 of bad news, the mogul was encouraged to state his political beliefs, calling Bernie Sanders a “moron” and Donald Trump a “friend.”
01/19/16 Macau is going through price deflation The world’s largest gaming zone is also accused of being an “attractive target” for terrorism, according to Steve Vickers and Associates Ltd.
01/19/16 Wynn Resorts foresees a decline in its fourth quarter revenue The company’s business in Macau is expected to report lower profits in comparison with 2015’s.
01/14/16 35 junket operators in Macau won’t be able to renew their licenses The new casino regulatory chief explained the operators failed to submit their accounting data on time.
01/12/16 Philippine gross gaming revenue grew in 2015 Despite the industry slump registered in the Chinese VIP market last year, the Asian country landed a double-digit growth.
