News

LET Group Faces Trading Suspension Due to Ongoing Issues

Jan 10 2025 Posted by Wizard

LET Group's shares on the Hong Kong Stock Exchange continue to be suspended while the company works to meet the necessary condi-tions to resume...

Macau Gaming Authority Appoints Lio Chi Chong as Acting Head

Jan 09 2025 Posted by Wizard

In a significant administrative move, Macau's Gaming Inspection and Coordination Bureau (DICJ), has promoted Lio Chi Chong to serve as the Acting...

SJM Resorts to Debut Ballet Show at Grand Lisboa Palace

Jan 08 2025 Posted by Wizard

SJM Resorts Ltd, the Macau operations branch of the Hong Kong-listed casino firm SJM Holdings Ltd, has announced the upcoming launch of a new...

Macau Casino Revenue Hits $2.28 Billion in December

Jan 03 2025 Posted by Wizard

Macau's gaming industry experienced a slight downturn in December 2024, with gross gaming revenue (GGR) reaching MOP18.20 billion ($2.28 billion).

Macau's 2025 Gaming Revenue May Exceed Expectations, Experts Say

Jan 03 2025 Posted by Wizard

Macau, often dubbed the 'Las Vegas of Asia,' continues to capture the world’s attention with its booming gaming industry.

Sands China Honors Excellence at 2024 Awards Ceremony

Dec 27 2024 Posted by Wizard

On November 29, 2024, Sands China held its prestigious 'Because We Care' Team Member Annual Awards Ceremony at The Londoner Macao.

SJM Resorts Announces Bonus for Majority of Employees

Dec 26 2024 Posted by Wizard

Macau-based gaming operator SJM Resorts recently made headlines with the announcement of a generous bonus for its employees.

Fitch Anticipates a Significant Debt Reduction for SJM Holdings

Dec 26 2024 Posted by Wizard

Fitch Ratings Inc has recently affirmed the long-term foreign-currency issuer default rating for Macau casino company SJM Holdings Ltd at “BB-,”..

Macau Reaches New Tourism Heights in November 2024

Dec 23 2024 Posted by Wizard

In November 2024, Macau witnessed a notable surge in tourism as visitor numbers reached an impressive 2.83 million.

Xi Jinping Stresses Need for Economic Diversification in Macau

Dec 20 2024 Posted by Wizard

During a recent visit to Macau, Chinese President Xi Jinping emphasized the pressing need for the region to pivot its economy away from a strong...

Mario Ho Envisions eSports Hotels Revolutionizing Macau

Dec 19 2024 Posted by Wizard

Recognizing the rapid evolution of the eSports industry, Mario Ho, a visionary from Macau, anticipates a significant shift in the region's...

Macau Targets Huge Increase in 2025 Junket Tax Revenue

Dec 19 2024 Posted by Wizard

The Macau government has projected a significant rise in the collection of taxes on junket commissions for the fiscal year 2025.

Citigroup Optimistic About Macau Casinos Amid Upcoming Events

Dec 16 2024 Posted by Wizard

Citigroup has expressed optimism following its December survey that highlights a surge in premium-mass players within Macau's casinos.

Macau Nears Digital Currency with e-MOP Development

Dec 13 2024 Posted by Wizard

The Macau Special Administrative Region (SAR) Government has taken a significant step forward in the digital currency domain by launching a prototype.

Lisboeta Macau To Extend Hours for Major Concert Event

Dec 12 2024 Posted by Wizard

Lisboeta Macau is gearing up for a significant event, as the hotel plans to extend its business hours in tandem with an eagerly awaited concert at...

Anticipated Reforms in Macau's Gambling Legislation Amid New Leadership

Dec 12 2024 Posted by Wizard

The landscape of Macau’s gambling regulations is on the brink of potential revisions alongside the arrival of the new administration.

Hengqin Tightens Oversight as Macau Travel Rules Ease

Dec 11 2024 Posted by Wizard

Recent developments have seen Hengqin authorities implementing stricter oversight protocols in response to a significant uptick in applications for...

Venetian Arena Welcomes NBA Preseason Showdown in 2025

Dec 09 2024 Posted by Wizard

The Venetian Arena in Macau, a newly revamped and branded venue, is set to host prestigious National Basketball Association (NBA) preseason games in..

Macau's Historic Districts Revitalized by Gaming Operators

Dec 05 2024 Posted by Wizard

Macau's ambitious plan to rejuvenate six historic districts in collaboration with gaming operators is proving successful, as highlighted by a recent..

Study Reveals That Awe Experience Boosts VIP Gaming Appeal in Macau

Dec 05 2024 Posted by Wizard

A recent study has delved into the motivations behind gaming participation of VIP players at Macau's integrated resorts, revealing a notable 'awe...