News

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.

Macau October GGR Reaches Record Levels

Nov 06 2025 Posted by Wizard

In October, Macau reported a remarkable post-pandemic high in casino gross gaming revenue (GGR), with figures reaching close to MOP24.

Four Arrested for Alleged Fraudulent Activities in Macau Casinos

Nov 05 2025 Posted by Wizard

On Monday, law enforcement authorities in Cotai detained four individuals suspected of orchestrating a fraudulent scheme to acquire HKD19 million...

MGM China Achieves Notable Q3 Growth with Record Highs

Oct 31 2025 Posted by Wizard

Macau's prominent casino operator, MGM China Holdings Ltd, has reported impressive financial results for the third quarter of 2025.

Galaxy Entertainment Simplifies Baccarat Side Bets in Macau

Oct 30 2025 Posted by Wizard

Galaxy Entertainment Group Ltd, a major casino operator, is aligning with the prevailing trend in Macau to simplify side bet offerings on baccarat, a.

Two Key Macau Satellite Casinos Scheduled to Close Operations

Oct 29 2025 Posted by Wizard

Macau's casino landscape is set to undergo significant changes as two prominent satellite casinos are scheduled to cease operations at the end of...

Alleged US$5.6 Million Money Exchange Case in Macau: Four Locals Arrested

Oct 28 2025 Posted by Wizard

The Judiciary Police in Macau have apprehended four local individuals involved in a substantial illegal money exchange operation.

SJM Resorts Hosts Golf Events to Foster Youth Engagement

Oct 27 2025 Posted by Wizard

SJM Resorts Ltd, an integral part of the Macau casino conglomerate owned by Hong Kong-listed SJM Holdings Ltd, recently orchestrated two remarkable...

Macau Casino Revenue Surges Amid Unexpected Rebound

Oct 22 2025 Posted by Wizard

Macau's casino gross gaming revenue (GGR) for the first 19 days of October reportedly hit MOP14.85 billion (US$1.

Macau Resorts Enhance Offerings to Attract Non-Gamblers

Oct 21 2025 Posted by Wizard

Macau's casino resorts are making significant changes in their approach to entertainment, broadening their scope to attract not only gamblers but...

Macau's Q3 Casino Sector Sees Notable Growth in VIP Baccarat

Oct 20 2025 Posted by Wizard

In the third quarter of 2025, Macau's gaming sector continued its upward trend, highlighting the robust recovery and strategic advancements in the...

Wynn Macau's Generous Donation to Macau Holy House of Mercy

Oct 17 2025 Posted by Wizard

Wynn Macau Ltd, a prominent casino operator in Macau, has recently demonstrated its unwavering commitment to community welfare by contributing...

Macau Casino Daily Revenue Decreases Due to Typhoon and Player Issues

Oct 16 2025 Posted by Wizard

In the initial twelve days of October, the gross gaming revenue (GGR) at Macau's casinos reached MOP804 million (US$100.4 million) per day.