News

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.

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..