News

Macau's February Five-Star Hotel Rates Decline

Mar 25 2025 Posted by Wizard

In February, the average nightly rate for a five-star hotel room in Macau experienced a nearly 10 percent decline year-on-year, continuing a trend of.

Macau's Casino Revenue Surges in Early March

Mar 24 2025 Posted by Wizard

In the initial 23 days of March, the gross gaming revenue (GGR) from casinos in Macau was estimated to be MOP14.6 billion, which translates to US$1.

Galaxy Entertainment Considers Bangkok for Casino Resort

Mar 21 2025 Posted by Wizard

Galaxy Entertainment Group Ltd, a casino operator based in Macau, has shown interest in developing a casino resort in Bangkok, the capital of...

Gourmet Pavilion Set to Launch at Wynn Palace This Year

Mar 20 2025 Posted by Wizard

Wynn Palace, the renowned casino resort located in Macau's bustling Cotai district, is preparing to introduce an exciting new addition to its array...

MGM China Announces 2024 Final Dividend Proposal

Mar 20 2025 Posted by Wizard

The board of directors at MGM China Holdings Ltd, a casino operator based in Macau, has put forward a proposal for a final dividend payment for the...

Macau's Michelin Starred Dining in 2025 Expands

Mar 14 2025 Posted by Wizard

The latest edition of the "Michelin Guide Hong Kong Macau 2025" highlights the remarkable expansion of Michelin-starred restaurants in Macau's casino.

Macau's Major Retail Malls Face Revenue Dip in 2024

Mar 12 2025 Posted by Wizard

In 2024, two leading operators of large shopping centers in Macau, casino giants Galaxy Entertainment Group Ltd and Sands China Ltd, experienced a...

Galaxy Entertainment Embarks on Star-Studded Series of Cotai Events

Mar 11 2025 Posted by Wizard

Starting this March, Galaxy Entertainment Group Ltd is set to bring an impressive array of entertainment options to its Cotai venues in Macau.

Macau Gaming Revenues Surge to $11 Billion in 2024

Mar 07 2025 Posted by Wizard

The government of Macau saw a notable increase in fiscal revenue from its gaming industry in 2024.

MGM China Tops Macau's Mass Market GGR Increase in Q4 2024

Mar 05 2025 Posted by Wizard

MGM China Holdings Ltd took the forefront among Macau’s six casino operators in the fourth quarter of 2024, achieving the most significant increase.

Macau's Economic Resurgence in 2024: A Year of Significant Growth

Mar 03 2025 Posted by Wizard

In a notable recovery from the economic impacts of the Covid-19 pandemic, Macau's gross domestic product (GDP) experienced a robust growth rate of 8.

Galaxy Entertainment Considers Expansion in Thailand Casino Market

Feb 27 2025 Posted by Wizard

Francis Lui Yiu Tung, the chairman of Galaxy Entertainment Group, revealed that the Macau-based casino company is venturing to Thailand to evaluate...

MGM China Pursues $2 Billion Syndicated Loan to Refinance

Feb 25 2025 Posted by Wizard

Macau's prominent casino operator, MGM China Holdings Ltd, is currently engaged in negotiations with a consortium of over twelve banking institutions.

Sands China Expected to Declare First Dividend in Five Years

Feb 24 2025 Posted by Wizard

Sands China Ltd, a prominent casino operator in Macau, is anticipated to announce its first dividend in five years this coming Friday, according to...