Tag: Macau

Macau Officials Expect Over 20,000 Daily Golden Week Participants
30
Sep
2022

Macau Officials Expect Over 20,000 Daily Golden Week Participants

The deputy director of the Government Tourism Office in Macau, Cheng Wai Tong, has predicted a minimum…

Wynn Macau Submits License Re-tendering Bid
13
Sep
2022

Wynn Macau Submits License Re-tendering Bid

Wynn Macau, Wynn Resorts’ Chinese arm, announced that it has submitted its application for a new gaming…

Macau Casino Stocks Fall as COVID Cases Boom
06
Sep
2022

Macau Continues to Fall Behind as Casino Suppliers Relocate

China’s Covid Zero policy continues to hamper Macau’s post-pandemic recovery. The special administrative region’s gambling market continues…

Gross Gaming Revenue in Macau Hits Rock Bottom in April
02
Sep
2022

Morgan Stanley Weighs in on How New Macau Limits Impact Business

This year has been very important for the gambling industry in Macau. It’s been two years since…

S&P to Downgrade Melco Resorts’ Credit
26
Aug
2022

Macau Unveils New Minimum Casino Revenue Threshold 

Macau’s government has announced the new threshold for minimum revenue casino operators in the region must reach…

Macau Considers Tax Breaks for Concessionaires Who Bring Foreign Gamblers
26
Aug
2022

Macau Sees Improvement in July Casino Concessionaires GGR

Macau’s July results may be a signal that the Special Administrative Region is experiencing a much-anticipated recovery….

Macau Converts Two More Casino Hotels into Quarantine Areas
24
Aug
2022

Macau Sees Decline in Crime as Visitation Numbers Fall

Macau’s sweeping changes across the gambling industry have presented challenges for concessionaires in the Special Administrative Region…

Macau Set to Gain Access to Confidential Junket Documents
19
Aug
2022

Macau Residents Fall Victim to Southeast Asia Casino Job Scams

The Chinese Judiciary Police has received reports of five cases of Macau residents being tricked into working…

Wynn Resorts’ US Operations Soar, Macau Dips in Q2, 2022
10
Aug
2022

Wynn Resorts’ US Operations Soar, Macau Dips in Q2, 2022

The leading luxury resorts and casino company, Wynn Resorts, released its financial results for the three months…

Betway, SkillOnNet and Betfair Forced to Pay Fines
05
Aug
2022

Macau Prosecution Formally Charged Former Tak Chun CEO Chan

Levo Chan, the former CEO of junket Tak Chun Group and former chairman of Macau Legend Development,…