Search Results for: Macau Industry
Macau casino GGR for first 17 days of December estimated at $1.12 billion
December 19, 2023
According to JP Morgan Securities (Asia Pacific) Ltd., Macau's casino gross gaming revenue (GGR) for the first 17 days of December...
Macau gov’t proposes ban on licensed junkets extending credits to gamblers
December 18, 2023
The Macau government is pushing for substantial changes to the regulations that govern the gambling sector. One such proposal is t...
Macau’s Responsible Gaming Promotion 2023 concludes with 13 organizations receiving honors
December 13, 2023
Thirteen organizations were named "Responsible Gambling Model Units" at the end of the Macau Responsible Gaming Promotion 2023, wh...
Moody’s upgrades outlook on Wynn Macau from ‘negative’ to ‘stable’
December 13, 2023
Moody's Investors Service upgraded Wynn Macau Ltd.'s outlook from "negative" to "stable."
Additionally, the corporation's senio...
Macau anticipates shortage in casino inspectors for 2024
December 12, 2023
Macau's Gaming Inspection and Coordination Bureau (DICJ) said that, in 2024, certain job roles in the gaming industry will be fill...
Pansy Ho says Macau needs ‘completely new perspective’
December 11, 2023
Macau, the preeminent global gambling center, aspires to achieve economic diversification beyond the gaming industry. Macau's casi...
Wynn Macau takes strategic move by granting over 5 million share options to directors
December 11, 2023
Leading casino concessionaire Wynn Macau Ltd., in Macau's rapidly expanding gaming industry, has taken a calculated risk by provid...
Macau labor groups optimistic about possible pay raise for casino staff in 2024
December 11, 2023
Two labor organizations in the Macau gambling industry are optimistic about the possibility of a pay increase for employees handli...
Moody’s downgrades outlook for Macau ratings
December 7, 2023
Because of Macau SAR's close ties to China, which has also seen a downgrading, Moody's Investors Service has reduced the city's ra...
Macau witnesses increase in gambling-related crime despite positive developments
December 5, 2023
November saw a significant upturn in Macau's gambling industry, with gross gaming revenue (GGR) rising by 435% on an annual basis ...