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Focus Gaming News | Macau

Macau

Check the latest Macau news

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04/02/19

Macau gambling revenue goes down in March

According to the authorities, Macau gambling revenue dropped 0.4% year-on-year during March, amid a tough 2019 for the industry in the Chinese territory.

03/28/19

Macau operator, optimistic on financial projections

Melco CEO Lawrence Ho remains confident the Macau casino industry will post “decent growth” in 2019, despite brokerages forecasts.

03/27/19

March estimates go down for Macau casino industry

According to Bernstein, March GGR projections for the Macau casino industry have been lowered due to recently lowered mass and VIP volume.

03/20/19

Macau casino GGR to be flat in March

According to Nomura’s Instinet, casino GGR is expected to be flat at best in Macau’s casino segment during March.

03/19/19

Details announced for the 2019 G2E Asia Awards

The organisers provided details of the event that takes place on May 21.

03/19/19

BMM Testlabs reports strong growth in Asia

The testing laboratory has experienced a 20% year-over-year growth in its Asia region.

03/18/19

Macau extends casino licences

The gambling hub has extended casino licences for MGM China and SJM Holdings.

03/15/19

Macau’s gaming tax revenue goes up in 2019

Taxes collected from gaming were nearly 86% of the total collection by the government.

03/14/19

2019 G2E Asia announces launch of new website

The launch is for the official show newspaper, G2E Asia Daily.

03/08/19

Nomura revisits its Macanese GGR forecast

According to brokerage Instinet LLC, new investments in China have seen its initial GGR forecast for 2019 turning at least 1% up.

03/06/19

JP Morgan warns about Macau’s future

The brokerage said the three year streak for quarterly EBITDA growth could end in June, after Q2.

03/05/19

Macau seeks to expand non-gambling options

According to the Secretary for Economy and Finance, the territory plans to increase non-gaming attraction to diversify the tourism industry.

03/04/19

Galaxy sees 29 pct profit increase in 2018

A good mass gaming performance boosted Galaxy Entertainment Group’s net profit to a 29% rise in 2018.

03/04/19

Macau GGR up 4.4 pct in February

According to the Gaming Inspection and Coordination Bureau, casino GGR was boosted by the Chinese New Year and rose last month.

02/27/19

IMF urges Macau operators to make business changes

The fund published a report that indicates that the Macau casino operators should look into their business models.

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Focus Gaming News is a media group that produces a daily digital newspaper aimed at international gaming executives. This communication tool is monthly visited by more than 100,000 readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 20,000 subscribers. It features news on land-based casinos, regulation, legislation, sports betting and online gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Latin America, Focus Brasil, Focus Asia Pacific, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.