Search Results for: Macau casino concessionaires
Alvin Chau says “betting under the table” rife in Macau but denies Suncity involvement
September 21, 2022
The trial of Alvin Chau continued on Tuesday afternoon, with the former Suncity Group CEO claiming that, “to my knowledge, all t...
Wynn Macau submits bid for new 10-year Macau gaming concession
September 14, 2022
Wynn Macau announced Tuesday that it has submitted its tender to the Macau government for a new gaming concession, to be held unde...
Ambrose So: SJM has adjusted up its share in satellite casino revenue
September 6, 2022
The Vice Chairman and CEO of SJM Resorts, Ambrose So Shu Fai, said Monday that the company has adjusted upwards its share in reven...
Macau table and slot yearly minimums affordable: Kwok
August 30, 2022
The government-set annual minimums for gross gaming revenue (GGR) per Macau casino gaming table and per slot machine are “afford...
MGM China injects US$594 million into Macau unit to meet new casino bidding requirements
August 23, 2022
MGM China will inject 4.8 billion patacas (US$594 million) into a subsidiary that holds a sub-concession to operate casinos in Mac...
Macau Legislative Assembly says junkets can still access player gambling accounts with consent
August 16, 2022
The Second Standing Committee of the Macau Legislative Assembly has revealed that junkets and agents can deposit funds into player...
More biz from foreigners hard for Macau casinos say experts
August 9, 2022
Macau’s next generation of casino concessionaires will in likelihood find it hard to meet the Macau government’s expectations ...
SJM to raise HK$5 billion through term loan, rights issue in bid to satisfy Macau share capital requirement
August 4, 2022
SJM Holdings has announced it will raise almost HK$5 billion (US$637 million) in equity via a HK$2 billion (US$255 million) term l...
Macau Forms Committee to Evaluate License Bidders
July 28, 2022
Macau will evaluate the bidders for the region’s new casino licenses. To that end, the special administrative region’s governm...
Sands China Embraces the End of the VIP Salons in Macau Casinos
July 22, 2022
Sands China has announced it is restructuring its VIP rooms at its Macau properties as the era of the junkets and VIP salons in Ma...