Search Results for: Macau Industry
Macau casino GGR for first week of new year reaches $546 million, indicates robust start to 2024
January 11, 2024
Macau's casino gross gaming revenue (GGR) for the first seven days of January was expected to be MOP4.4 billion (US$546.6 million)...
S&P Global notes “strong recovery” in Macau’s mass gambling market
January 11, 2024
A "strong recovery" in Macau's mass gaming industry is highlighted by S&P Global Ratings, which feels that this would help the...
Macau’s hospitality sector hosts younger hotel guests post-COVID
January 10, 2024
The chairman of the Macau Hoteliers & Innkeepers Association, Lou Chi Leong, claims that since the city's reopening in January...
SJM reportedly facing “deleveraging trajectory,” lags behind industry peers
January 9, 2024
Lucror Analytics indicates that SJM Holdings Ltd, a casino operator located in Macau, seems to be following a "deleveraging trajec...
Macau welcomed nearly 400,000 visitors during New Year’s holiday
January 3, 2024
The three-day New Year's holiday period saw a 399,100 rise in visitor arrivals in Macau, according to the Macau Public Security Po...
Macau welcomed 28 million visitors in 2023, reaches new post-pandemic record
January 2, 2024
As to the first data provided by the Macau Government Tourism Office (MGTO), Macau's tourism industry concluded 2023 with great su...
JP Morgan predicts Macau casinos’ 4Q EBITDA to show 10% increase
January 2, 2024
The earnings before interest, taxes, depreciation, and amortization (EBITDA) for Macau's casino sector for the fourth quarter of 2...
Macau sees 207.4% year-on-year increase in casino-related exports in November
December 29, 2023
Data from November shows that Macau's casino-related exports increased by 207.4% year over year to MOP136.1 million ($16.83 millio...
Macau, S’pore secure spot in world’s richest countries list for 2023
December 28, 2023
In Global Finance's list of the "Richest Countries in the World," the Macau Special Administrative Region (SAR) came in at number ...
Sector rep calls Macau junket credit ban “a huge blow”
December 20, 2023
"Huge blow" is how U Io Hung, the head of the Macau Gaming Promoter Professionals Association, described the local government's le...