News

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.

Macau's Casino Revenue in May Surpasses Expectations

Jun 03 2025 Posted by Wizard

In May, Macau's casinos saw a 5.0-percent year-on-year growth in gross gaming revenue (GGR), an outcome analysts described as "better than expected.

Las Vegas Sands Explores Aggressive Strategies for Macau Growth

Jun 02 2025 Posted by Wizard

Las Vegas Sands Corp's operations in Macau have not performed up to expectations.

MGM China's Initiative to Cultivate Scientific Minds in Macau

May 30 2025 Posted by Wizard

MGM China Holdings Ltd is steadfast in its mission to advance scientific education within Macau by hosting the "MGM Youth Popular Science Series:...

Surge in Illegal Gambling Cases in Macau First Quarter 2025

May 29 2025 Posted by Wizard

In the opening quarter of 2025, Macau witnessed a dramatic increase in illegal gambling cases with a total of 161 incidents recorded, reflecting an...

Macau Casino Revenues Surge to $2.17 Billion in May

May 28 2025 Posted by Wizard

The gaming landscape in Macau witnessed a significant surge in revenues, as the initial 25 days of May saw a remarkable increase in casino gross...

Macau Experiences Visitor Surge in April 2025

May 22 2025 Posted by Wizard

In April 2025, Macau welcomed an impressive number of visitors, totaling over 3.09 million arrivals.

Sands Macao Honors 21 Years with Taxi Driver Appreciation

May 20 2025 Posted by Wizard

In a heartwarming gesture to celebrate its 21st anniversary, Sands Macao, a prominent downtown complex operated by Sands China Ltd in Macau, extended.

Macau's Gaming Tax Revenue Stays Steady at US$3.71 Billion in Early 2025

May 16 2025 Posted by Wizard

The government of Macau reported a collection of just under MOP29.84 billion, equivalent to US$3.

Sands China and GMTCM Forge New Path in Health Tourism

May 13 2025 Posted by Wizard

Sands China Ltd, a prominent casino operator in Macau, has embarked on a strategic partnership with Guangdong-Macau Traditional Chinese Medicine...

Galaxy Entertainment's Capella Hotel Soft Opens Amid Strong Q1 Performance

May 09 2025 Posted by Wizard

Galaxy Entertainment Group Ltd has announced that the Capella at Galaxy Macau hotel, a new addition to their portfolio, has entered its soft opening..

MGM's Increased Investment in Osaka Casino Project

May 07 2025 Posted by Wizard

Global casino operator MGM Resorts International has announced an increase in its equity commitment for the MGM Osaka project, which is set to be...

Macau's Cotai Casinos Thrive with Baccarat Popularity During Golden Week

May 06 2025 Posted by Wizard

Macau's gaming floors experienced a notable surge in customer traffic on Friday, May 2, marking the second day of the five-day holiday period...

Las Vegas Sands to Refinance Debt with New Notes

May 05 2025 Posted by Wizard

Las Vegas Sands Corp, a prominent casino group, has announced its intention to issue new senior unsecured notes as part of a strategic refinancing...

SJM Holdings Achieves First-Quarter Profit Amid Revenue Growth

Apr 30 2025 Posted by Wizard

SJM Holdings Ltd, a prominent casino operator in Macau, has announced a shift to profitability in the first quarter, recording a profit of HKD31...

Macau's Texas Hold'em Poker Achieves Record Quarterly GGR Amid Closures

Apr 29 2025 Posted by Wizard

In the first quarter of 2025, Texas Hold’em poker in Macau achieved a significant milestone by generating a record gross gaming revenue (GGR) of...

Macau Anticipates Surge in Visitors During May Golden Week

Apr 28 2025 Posted by Wizard

The head of Macau's tourism authority is anticipating a significant increase in visitor numbers during the upcoming Labour Day holidays, a period...

Macau Five-Star Hotel Rates Decline for Ninth Month

Apr 24 2025 Posted by Wizard

In the bustling city of Macau, the hospitality sector continues to navigate through fluctuating market conditions.