News

Macau Casino Revenue Steady in March, JP Morgan Reports

Mar 10 2025 Posted by Wizard

The first nine days of March have shown a consistent demand for casino gaming in Macau, according to the latest report from JP Morgan Securities...

Macau Gaming Revenues Surge to $11 Billion in 2024

Mar 07 2025 Posted by Wizard

The government of Macau saw a notable increase in fiscal revenue from its gaming industry in 2024.

MGM China Tops Macau's Mass Market GGR Increase in Q4 2024

Mar 05 2025 Posted by Wizard

MGM China Holdings Ltd took the forefront among Macau’s six casino operators in the fourth quarter of 2024, achieving the most significant increase.

Macau's Economic Resurgence in 2024: A Year of Significant Growth

Mar 03 2025 Posted by Wizard

In a notable recovery from the economic impacts of the Covid-19 pandemic, Macau's gross domestic product (GDP) experienced a robust growth rate of 8.

Galaxy Entertainment Considers Expansion in Thailand Casino Market

Feb 27 2025 Posted by Wizard

Francis Lui Yiu Tung, the chairman of Galaxy Entertainment Group, revealed that the Macau-based casino company is venturing to Thailand to evaluate...

MGM China Pursues $2 Billion Syndicated Loan to Refinance

Feb 25 2025 Posted by Wizard

Macau's prominent casino operator, MGM China Holdings Ltd, is currently engaged in negotiations with a consortium of over twelve banking institutions.

Sands China Expected to Declare First Dividend in Five Years

Feb 24 2025 Posted by Wizard

Sands China Ltd, a prominent casino operator in Macau, is anticipated to announce its first dividend in five years this coming Friday, according to...

Galaxy Entertainment Explores New Horizons in Thailand

Feb 21 2025 Posted by Wizard

Galaxy Entertainment Group Ltd, a prominent name in Macau’s casino resort industry, has recently submitted trademark applications to the government.

Macau Casino Revenue Faces Decline: Macquarie Report Analysis

Feb 19 2025 Posted by Wizard

The Chinese New Year holiday, according to the lunar-calendar in mainland China, spanned from January 28 to February 4.

Wynn Macau's Cash Flow Strategy for 2025 Expansion

Feb 17 2025 Posted by Wizard

Wynn Macau Ltd, the well-known casino operator in Macau, is projected to sustain positive free operating cash flow into the fiscal year 2025.

Macau's Gaming Revenue Stabilizes Amid Forecasts

Feb 10 2025 Posted by Wizard

Macau’s gaming industry witnessed a significant stabilization in gross gaming revenue (GGR) following the Lunar New Year holiday, according to a...

Macau's Casino Industry Focuses on Mass Market for Growth

Feb 06 2025 Posted by Wizard

In Macau, the future of casino revenue is increasingly reliant on mass-market gambling, as the region adapts to changes in its gaming industry...

Alexander Yeung Takes a Key Role in Emperor Entertainment

Feb 05 2025 Posted by Wizard

Emperor Entertainment Hotel Ltd, known for its involvement in Macau's bustling casino industry, has recently made a significant leadership...

Macau's January Casino Revenue Reflects Seasonal Trends

Feb 03 2025 Posted by Wizard

Macau’s casino industry experienced a notable downturn in January’s gross gaming revenue (GGR), primarily due to seasonal influences.

Macau Tourism Booms: January Visitor Numbers Soar

Feb 01 2025 Posted by Wizard

In January, Macau experienced a remarkable increase in visitor arrivals, with numbers reaching a significant 3.65 million, marking a 27.

Londoner Grand and Paiza Grand Suites Open for Bookings

Jan 28 2025 Posted by Wizard

The opulent Londoner Macao casino resort, promoted by Sands China Ltd, is unveiling its newest luxurious accommodations to the public.

Sands China Earns ISO 14001:2015 Certification for Environmental Management

Jan 27 2025 Posted by Wizard

Sands China Ltd, a major casino operator in Macau, has recently announced that it has earned the "ISO 14001:2015" certification.

MGM China Plans Salary Increase for Eligible Staff by March 2025

Jan 25 2025 Posted by Wizard

Macau's renowned casino firm, MGM China Holdings Ltd, declared on Tuesday a salary enhancement for its qualifying workforce, effective March 24, 2025.

Macau Prepares for Massive Influx of Visitors During New Year

Jan 23 2025 Posted by Wizard

As the Lunar New Year approaches, Macau is bracing for an influx of visitors, with expectations of between 5.04 to 5.

China's Supreme Court Tackles Cross-Border Gambling Penalties

Jan 21 2025 Posted by Wizard

China’s Supreme People’s Court has re-emphasized its commitment to enforcing stringent measures against those involved in cross-border gambling...