Search Results for: Macau's concessionaires
Macau’s Concessionaires Introduce New High-Odds Baccarat Side Bet
May 2, 2024
A new baccarat side bet with enticing odds of up to 50/1 is about to be introduced to Macau's casino sector, pending approval from...
Macau’s concessionaires fall back to 2022 COVID levels, analysts puzzled over low stock prices
November 13, 2023
The combined market value of Macau's six concessionaires has increased significantly in the third quarter, although it is still on...
Macau’s casino concessionaires urged to invest in non-gaming activities
November 15, 2023
To enhance the tourism experience in Macau, casino concessionaires are being pushed to invest billions in non-gaming ventures and ...
Macau’s Gaming Tax Revenue on the Rise in First Half of 2024
June 18, 2024
With gaming tax revenue rising in the first five months of 2024, Macau's casino industry is showing signs of a major comeback. Gam...
Sands China Invests in Macau’s Historic Districts
April 23, 2024
Executive Vice Chairman of Sands China Dr. Wilfred Wong highlights the company's commitment to restoring Macau's historical monume...
Macau encourages concessionaires to use RFID technology
March 27, 2024
Lei Wai Nong, Macau's Secretary for Economy and Finance, approved the government's recommendation on Tuesday to urge concessionair...
Deutsche Bank: Macau’s mass market gaming revenue surpasses pre-COVID levels in Q4 2023.
March 7, 2024
According to a report by Deutsche Bank's Carlo Santarelli, Macau's consolidated mass gaming revenues have officially surpassed pre...
Legal experts suggest need to reevaluate Macau’s new gambling law
February 27, 2024
The "Law to Combat Gambling Crimes," a proposed bill that has been hailed by local authorities as a means of reducing the suscepti...
Fitch describes likelihood of further improvement to Macau’s concessionaires ratings as “constrained”
February 22, 2024
The likelihood of further improvement in Macau's concessionaires' ratings was categorized as "constrained" by Fitch Ratings on Thu...
In 4Q23, mass table games constituted 75% of Macau’s total GGR, according to DICJ.
January 17, 2024
Macau's mass gaming tables are expanding their market share, representing 75.2% of total table revenue in 4Q23—an increase from ...