Search Results for: Macau Industry
Unauthorized money changers make up for majority of Macau gaming-related fraud cases in 2023
February 29, 2024
The bulk of gaming-related fraud crimes that Macau police investigated in 2023 were unregistered money changers, particularly thos...
Macau legislators vote in favor of first reading of draft gambling law
February 29, 2024
In an effort to lessen the gaming industry's susceptibility to criminal influence, the city's officials introduced a draft "Law to...
Macau records 1,107 cases of gaming crime in 2023
February 29, 2024
A significant rise in gaming-related criminal charges was reported by Macau's Office of the Secretary for Security on Wednesday, h...
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...
Macau casino GGR likely to exceed $124.1 million per day during CNY
February 20, 2024
The Macau casino market's gross gaming revenue (GGR) for the Chinese New Year probably exceeded MOP1 billion (about US$124.1 milli...
Macau collects $911 million in gaming tax revenue in January
February 19, 2024
The Macau SAR Government received gaming tax revenue of MOP$7.34 billion (US$911 million) in January, up 365% from MOP$1.58 billio...
Macau welcomes nearly 900k visitors during first five days of CNY
February 15, 2024
Preliminary data from Macau's Public Security Police indicates that over the first five days of the Chinese New Year (CNY) vacatio...
Wynn Macau shows sequential growth in GGR during fourth quarter of 2023
February 12, 2024
JP Morgan Securities (Asia Pacific) Ltd, Wynn Macau Ltd outperformed the rest of the Macau casino sector in terms of the sequentia...
Macau police says gaming crimes in 2023 decrease by 50% compared to pre-COVID levels
January 31, 2024
The gambling crime statistics for Macau for 2023 have been made public by the Judiciary Police (PJ) of the city.
The data indic...