News

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.

MGM China Sees Positive Cash Flow and Enhanced Leverage Metrics

Aug 04 2025 Posted by Wizard

MGM China Holdings Ltd, a prominent casino operator in Macau, has demonstrated a resilient financial performance in the second quarter of 2023.

Historic Closure of Casino Grandview in Macau's Taipa District

Aug 01 2025 Posted by Wizard

The curtains have closed on an iconic chapter of Macau's gambling history with the formal cessation of casino operations at Casino Grandview,...

Success Universe Secures Funding for Ponte 16 Amid Changes

Jul 30 2025 Posted by Wizard

Hong Kong-listed Success Universe Group Ltd has announced substantial financial backing for its Macau investment, Ponte 16.

SJM's $101M Move: New Three-Star Hotel in Hengqin

Jul 29 2025 Posted by Wizard

In a significant move, Macau-based casino operator SJM Holdings Ltd has announced an investment of CNY724-million (approximately US$100.

Mainland Visitors to Macau Show Recovery Trends, Trail Pre-COVID

Jul 28 2025 Posted by Wizard

Macau experienced a significant uptick in visitors from the adjoining Guangdong province during the first half of this year, marking a notable...

Hong Kong's iRad Recruiting for Studio City Medical Center

Jul 24 2025 Posted by Wizard

Hong Kong's medical diagnostic heavyweight, iRad, is gearing up for the launch of its eagerly anticipated medical centre, soon to open at the Cotai...

Macau GGR Projected to Climb 9% in 2024's Second Half

Jul 23 2025 Posted by Wizard

In an optimistic forecast for Macau's casino industry's future, Seaport Research Partners has projected an impressive 9 percent growth in gross...

Sands China's New Jackpot Arrangement to Enhance Hold Rates

Jul 22 2025 Posted by Wizard

Sands China Ltd, a prominent casino operator in Macau, is poised to potentially increase its gaming volumes and hold rates with the introduction of...

Macau Resorts to Feature Day Hospitals Amid Legal Reforms

Jul 18 2025 Posted by Wizard

The Macau government has put forward progressive plans to integrate day hospitals within the city's "commercial venues, resorts, and hotels".

Macau's Gaming Revenue Sees Strong Growth in Q2 2025

Jul 17 2025 Posted by Wizard

Macau, the thriving heart of Asia’s gambling scene, has recorded an impressive increase in its VIP baccarat gross gaming revenue (GGR) for the...

Macau Casino Shareholder Returns Lag Despite High Board Pay

Jul 16 2025 Posted by Wizard

A recent analysis by brokerage CLSA Ltd has cast a spotlight on the financial dynamics within Macau’s gaming industry, particularly concerning...

Macau Projects 110,000 Daily Visitors Amid Tourism Revival

Jul 15 2025 Posted by Wizard

In an optimistic forecast, Macau is preparing to welcome an average of 110,000 visitors daily throughout the months of July and August.

Gaming Crime Surge in Macau Linked to Unlicensed Money Exchange

Jul 14 2025 Posted by Wizard

In the first five months of the current year, Macau has witnessed a significant uptick in gaming-related criminal activities, as observed by the...