News

Macau Gaming Surplus Grows Amid Rising Costs in 2024

Sep 18 2025 Posted by Wizard

In 2024, Macau's gaming industry saw a significant increase in gross surplus before taxes, climbing 24.7% from the previous year to reach MOP143.

Melco Resorts Finance Eyes New Notes and Tender Offer

Sep 17 2025 Posted by Wizard

Melco Resorts Finance Ltd, a fully-owned division of Melco Resorts & Entertainment Ltd, took a significant step on Monday by revealing its agenda to..

Macau Intensifies Fight Against Illegal Forex with New Legislation

Sep 16 2025 Posted by Wizard

Since the criminalisation of unauthorized foreign exchange for gambling in Macau, the authorities have apprehended 597 individuals between the law's..

SJM Holdings Faces Fitch Ratings Downgrade Amid Cash Flow Woes

Sep 15 2025 Posted by Wizard

Fitch Ratings Inc has recently adjusted its economic expectations for SJM Holdings Ltd, indicating a potential increase in the company's EBITDA...

Macau Casino Revenue Forecast Reaches New Heights for 2025

Sep 10 2025 Posted by Wizard

The latest projections by Citigroup suggest a promising year ahead for Macau's casino industry, with Gross Gaming Revenue (GGR) expected to soar to...

Macau's Casino Revenue Climbs Driven by Strengthening Yuan

Sep 05 2025 Posted by Wizard

Macau’s casino industry continues to ride a wave of "robust momentum" in gross gaming revenue (GGR) into the third quarter of 2025, with prospects..

Macau September Casino Revenue Forecast to Rise by 13%

Sep 03 2025 Posted by Wizard

September is projected to bring a significant boost to Macau's casino gross gaming revenue (GGR), with growth estimated at approximately 13% compared.

Sands China Launches Comprehensive Parental Leave Initiative

Sep 02 2025 Posted by Wizard

Macau's renowned casino operator, Sands China Ltd, has taken a significant step towards enhancing its support for employees with families by...

Asia Pioneer Rebounds with Strong Revenue Growth in 1H 2025

Aug 28 2025 Posted by Wizard

In an encouraging financial performance, Asia Pioneer Entertainment Holdings Ltd, listed on the Hong Kong stock exchange, has reported a significant..

Macau Casino Revenue Predicted to Surge Amid Strong Demand

Aug 27 2025 Posted by Wizard

During a field trip that coincided with a Monday, casino floors in Macau were observed to be notably busy, according to banking group Morgan Stanley.

August Sets New Heights for Macau's Gaming Revenue

Aug 26 2025 Posted by Wizard

Banking group JP Morgan has forecast that Macau's gross gaming revenue (GGR) for August is set to increase by 11 to 14 percent year-on-year, reaching.

Growth in Macau Gaming Workforce and Earnings in Q2

Aug 25 2025 Posted by Wizard

Macau's gaming industry, renowned for its global influence, has experienced a noteworthy expansion in its workforce coupled with an increase in...

Success Universe Negotiates Extended Loan Terms for Ponte 16

Aug 20 2025 Posted by Wizard

Success Universe Group Ltd, a company listed on the Hong Kong Stock Exchange and a key partner in Macau's renowned Ponte 16 resort, has secured an...

Citigroup's Revised GGR Projection for Macau's August Casinos

Aug 19 2025 Posted by Wizard

On Monday, banking giant Citigroup adjusted its predictions for the gross gaming revenue (GGR) of Macau's casinos for August, elevating the forecast..

Sands China Declares Interim Dividend of HKD0.25 per Share

Aug 18 2025 Posted by Wizard

Macau casino operator Sands China Ltd has disclosed plans to release an interim dividend of HKD0.25 (approximately US$0.032) per share.

Wynn Macau Enlarges Note Issue, Attracting Strong Investor Interest

Aug 15 2025 Posted by Wizard

Wynn Macau Ltd has decided to increase its senior note issuance to $1 billion, as observed from a memo by Lucror Analytics, a notable entity...

Galaxy Entertainment's Dividend Strategy: A Closer Look

Aug 14 2025 Posted by Wizard

The financial strategy of Macau casino operator Galaxy Entertainment Group Ltd has been under scrutiny, particularly concerning its dividend payout...

Eason Chan's Shows Elevate Galaxy Macau's Casino Revenue

Aug 12 2025 Posted by Wizard

The Macau casino sector experienced a notable uplift in August, largely credited to Eason Chan's series of concerts.

Grand Spectacles at Macau's Casino Resorts This August

Aug 11 2025 Posted by Wizard

In August, Macau's iconic Cotai strip is set to host a dazzling array of over 30 shows, mainly concerts, across its casino resorts.

Squid Game Slot Machine by Light & Wonder Cleared for Macau

Aug 06 2025 Posted by Wizard

Light & Wonder Inc's distinctive "Squid Game" slot machine has lately been sanctioned for launch in the buzzing Macau betting scene.