News

Macau's Economic Outlook: Gaming Industry Drives GDP Growth

Dec 10 2025 Posted by Wizard

Fitch Ratings Inc has projected that Macau's gross domestic product (GDP) will experience a 4.0 percent growth by the year 2026.

Luxury Shopping Rebounds at Macau's Galaxy and Sands Malls

Dec 09 2025 Posted by Wizard

As consumer sentiment in China sees an upswing, both Galaxy Entertainment Group Ltd and Sands China Ltd have experienced a notable uptick in the...

Galaxy Entertainment Pledges Backing for Macau SMEs and Start-ups

Dec 08 2025 Posted by Wizard

In a bid to advocate for Macau’s economic diversification, Galaxy Entertainment Group Ltd, a major player in the casino industry, has reiterated...

Wynn Macau Supports Tung Sin Tong with Generous Donation

Dec 05 2025 Posted by Wizard

Wynn Macau Ltd, a leading casino operator, announced a significant donation to the Macau Tung Sin Tong Charitable Society, amounting to MOP780,000...

Macau Legend Restructures Capital to Bolster Financial Standing

Dec 03 2025 Posted by Wizard

In a decisive move, Macau Legend Development Ltd, a key player in the leisure and hospitality sector listed on the Hong Kong stock exchange, has...

Closure of Macau's Casino Fortuna Scheduled for December 10

Dec 02 2025 Posted by Wizard

In a recent announcement from SJM Resorts Ltd, it has been confirmed that Casino Fortuna in Macau will "cease operations at 23:59 on 9 December 2025.

Macau's November Casino Revenue Exceeds Expectations

Dec 01 2025 Posted by Wizard

Macau's casino sector continues to thrive, as highlighted by JP Morgan Securities (Asia Pacific) Ltd's recent report.

Strategies of Baccarat Side Bets in Macau's Casino Landscape

Nov 28 2025 Posted by Wizard

In the fast-paced world of Macau casinos, the search for the perfect combination of side bets in live-table baccarat remains ongoing.

Sands China and UTM Unveil New Culinary Training Program

Nov 27 2025 Posted by Wizard

Sands China Ltd, a prominent casino concessionaire in Macau, has joined forces with the Macao University of Tourism (UTM) to roll out a pioneering...

Closure of Casino Kam Pek Paradise Set for December 2025

Nov 26 2025 Posted by Wizard

The satellite casino, Casino Kam Pek Paradise, a staple of Macau's bustling gambling scene, is set to cease operations on December 1, 2025.

Wynn Macau's Dedication to Charity: A Spotlight on the "Walk for a Million" Event

Nov 25 2025 Posted by Wizard

Wynn Macau Ltd, a prominent casino concessionaire in Macau, has demonstrated its steadfast commitment to social responsibility by contributing...

SJM Holdings’ Acquisition of L’Arc Hotel Impacts Liquidity

Nov 24 2025 Posted by Wizard

SJM Holdings Ltd, a key player in Macau's casino industry, recently decided to acquire the L’Arc Hotel complex located on the Macau peninsula.

SJM Holdings Buys L’Arc Hotel as Part of Macau Expansion

Nov 20 2025 Posted by Wizard

In a significant move, Macau's prominent casino operator, SJM Holdings Ltd, disclosed on Thursday that it has finalized an agreement amounting to...

Melco Resorts to End Operations at Mocha Grand Dragon

Nov 19 2025 Posted by Wizard

The Mocha Grand Dragon Hotel, a slot hall managed by a division of Melco Resorts & Entertainment Ltd, will halt its operations at exactly 11:59 pm on.

Macau Casinos Generate $1.4 Billion in First Half of November

Nov 17 2025 Posted by Wizard

Macau’s casino industry demonstrated significant performance in the initial half of November, as highlighted by a memo from Citigroup.

MGM China Promotes Gaming Responsibility with Two Events

Nov 14 2025 Posted by Wizard

Macau casino operator, MGM China Holdings Ltd, is taking significant steps to encourage responsible gaming and improve financial literacy by hosting..

Macau Casino Revenue Expected to Hit US$31 Billion by 2025

Nov 13 2025 Posted by Wizard

Banking group Jefferies has projected an optimistic outlook for Macau's casino gross gaming revenue (GGR), with expectations for the full year 2025...

Wynn Macau Projects Stability in EBITDAR Margins and Cash Flow

Nov 12 2025 Posted by Wizard

Wynn Macau Ltd, a prominent casino operator, has shown significant progress in its financial metrics according to recent analysis by CreditSights Inc.

Casino Legend Palace to Cease Operations in Macau

Nov 10 2025 Posted by Wizard

The Casino Legend Palace, prominently situated at Macau Fisherman’s Wharf, is slated to cease its gaming operations at 11:59 pm on Wednesday,...

Galaxy Entertainment Sees 14% Revenue Increase in Third Quarter

Nov 07 2025 Posted by Wizard

Galaxy Entertainment Group Ltd, a prominent casino operator based in Macau, announced a robust financial performance for the third quarter of 2023.