News

Capella at Galaxy Macau: Bookings Open from September 23

Jul 11 2025 Posted by Wizard

Capella at Galaxy Macau, a premier hotel within the Galaxy Macau resort complex in Cotai, is gearing up to welcome guests from the general public...

Macau Adjusts 2025 Gaming Income Forecast Amid Economic Shift

Jul 10 2025 Posted by Wizard

Macau has revised its expectations for the revenue it anticipates collecting from the direct tax on gross gaming revenue (GGR) for the year 2025.

Macau Visitors Reach 20 Million, 57% of 2024 Total by July

Jul 09 2025 Posted by Wizard

As of 11am on July 8, 2025, Macau's bustling tourism sector achieved a significant milestone, welcoming a staggering 20 million visitors.

Citigroup Revises Macau Casino Revenue Outlook for July

Jul 08 2025 Posted by Wizard

Banking group Citigroup has adjusted its outlook for Macau's July casino gross gaming revenue (GGR), cautiously raising its forecast by 2.

CLSA Increases Macau 2025 GGR Forecast on New Hotels

Jul 07 2025 Posted by Wizard

Brokerage CLSA Ltd has significantly increased its forecast for Macau’s casino gross gaming revenue (GGR) in 2025, anticipating a robust 7.

Macau GGR Sustainability Hinges on China's Economy

Jul 04 2025 Posted by Wizard

CBRE Capital Advisors Inc has expressed its views regarding the future growth trajectory of Macau's casino gross gaming revenue (GGR), highlighting...

Macau Casino Revenue Increases by 19% Year-on-Year in June

Jul 02 2025 Posted by Wizard

In June, Macau witnessed a significant upturn in its casino sector, with the gross gaming revenue (GGR) reflecting a notable increase.

Macau Legend Proposes Share Consolidation Plan

Jul 01 2025 Posted by Wizard

Macau Legend Development Ltd, a well-known entity in Macau's hospitality and satellite casino services sector, has unveiled a proposal for the...

Summer Entertainment in Macau: Concerts and Performances

Jun 30 2025 Posted by Wizard

Macau is gearing up for a bustling summer season with a significant rise in live entertainment offerings across its premier casino resorts.

Korean Medical Centre Launches at Macau's Wynn Palace

Jun 26 2025 Posted by Wizard

Wynn Macau Ltd, a renowned casino operator, has announced the opening of a new medical facility at its Wynn Palace property located in Macau's Cotai..

Macau Hotel Rates Drop Amid Surge in Visitors in May

Jun 25 2025 Posted by Wizard

In May, Macau's five-star hotel sector experienced a slight decrease in average room rates, dropping by 1.

Macau Sees 25% Surge in May Visitor Arrivals

Jun 23 2025 Posted by Wizard

Macau's tourism sector experienced a notable upswing in May 2023, with visitor arrivals skyrocketing by 25.3% year-on-year to exceed 3.37 million.

MGM China Joins Macau's Labour Department for Training Initiative

Jun 19 2025 Posted by Wizard

MGM China Holdings Ltd, a leading casino operator in Macau, has initiated an innovative training program in collaboration with Macau's Labour Affairs.

Melco International's $98M Boost from Rights Issue

Jun 18 2025 Posted by Wizard

Melco International Development Ltd has successfully raised a substantial amount from a recent rights issue, pocketing nearly HKD770.

Jay Chun Increases Stake in Paradise Entertainment Post Stock Dip

Jun 17 2025 Posted by Wizard

Jay Chun, the chairman and managing director of Paradise Entertainment Ltd, recently made strategic moves to increase his influence within the...

Macau Underestimates Satellite Casino Closure Impact

Jun 16 2025 Posted by Wizard

Recently, the Macau General Association of Real Estate has expressed concerns over the government's assessment of the economic impact resulting from..

2024 Landmark for Self-Reporting by Macau Casino Operators

Jun 11 2025 Posted by Wizard

In an unprecedented move, 2024 heralds the "first time" Macau's casino industry has engaged in self-reporting regarding alleged bribery by third...

Macau Revises 2025 Gross Gaming Revenue Forecast

Jun 06 2025 Posted by Wizard

The Macau government has adjusted its gross gaming revenue (GGR) expectations for 2025, lowering the target from MOP240.0 billion to MOP228.

Wynn Macau's Significant Emission Reduction and Sustainable Practices

Jun 05 2025 Posted by Wizard

Casino operator Wynn Macau Ltd has achieved a remarkable milestone by reducing its greenhouse gas emissions by more than one third in the past five...

Macau Government Lowers 2025 Gaming Revenue Forecast

Jun 04 2025 Posted by Wizard

The Macau government has recently updated its projection for the city’s gross gaming revenue (GGR) for the year 2025.