Search Results for: six casino operators in Macau
SJM Holdings weighs on Macau casino stocks after proposing a US$386 million cash call for licence renewal bid
August 5, 2022
SJM Holdings plunged in Hong Kong on Thursday after the company proposed an equity raise at a 34 per cent discount, as it rushes t...
Macau Casinos in Crisis Following COVID-19 Shutdown
August 1, 2022
Macau casinos have reopened following a two-week shutdown that led to a share price crash. More than 40 casinos reopened on July 2...
Macau casinos reopen with dim business outlook amid travel curbs, as outlook for year calls for 35 per cent revenue drop
July 25, 2022
Restart may do little to stop Macau’s six licensed casino operators from burning through millions of dollars of cash every day
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Macau Casino Crash Shifts World’s Gambling Crown to Las Vegas
July 21, 2022
With Chinese players stuck at home because of lockdowns, the territory’s gambling revenue has plunged.
In 2019 gambling reven...
Macau Legislators Pass Landmark Casino Reform Bill
June 22, 2022
Legislators in Macau approved a landmark casino bill on Tuesday, the biggest reforms in more than two decades, ahead of an expect...
Wynn Resorts Provides Wynn Macau with a $500M Loan
June 16, 2022
Wynn Resorts has vowed to continue investing in Macau despite the hurdles the region is facing. To prove this, the gambling giant...
Macau finalises gaming bill ahead of casino license extension
June 16, 2022
Macau's legislature released a final draft of a highly anticipated gaming bill on Wednesday raising the tax rate and giving offic...
Macau ops to sign 6mth contract rollover June 23
June 15, 2022
The Portuguese-language radio service of Macau public broadcaster TDM reported on Tuesday – citing its own unnamed sources – ...
Macau Legend to continue casino ops to Dec: CEO
June 14, 2022
Casino services firm Macau Legend Development Ltd has agreed with gaming operator SJM Holdings Ltd to extend the provision of gam...
Brand-name hotel portfolio not always in casino IR’s favor
June 9, 2022
Many of Asia’s integrated resorts boast a wide range of hotel options, but does having the big name global brands bring an oper...