Search Results for: galaxy entertainment
Macau chalks up depressing September aggregated gross gaming revenues
October 4, 2022
The almost 40 casinos in Macau reportedly had a disappointing September after seeing their aggregated gross gaming revenues decrea...
Genting Billionaire Makes Last-minute Bid for Macau Casino License
October 4, 2022
Malaysian billionaire Lim Kok Thay has become the seventh player in the race for just six casino licences up for grabs in Macau, h...
Top 5 Richest Casino Owners In Asia
October 3, 2022
In terms of gambling and casinos, the law changes greatly across the Asian continent.
Some countries have strict anti-gambling ...
Genting’s Macau bid only conditionally accepted: govt
September 19, 2022
The proposal for a Macau gaming concession submitted by GMM Ltd, an indirect unit of Genting Malaysia Bhd, has been only “condit...
6 existing Macau casino ops submit tender bids by deadline
September 15, 2022
Macau’s current six operators had by 3.30pm on Wednesday – two hours and 15 minutes before the deadline – submitted their re...
Macau Casinos in Trouble After Worst Monthly Revenue in History
August 25, 2022
The casino industry in Macau is under immense pressure after posting its worst results in history. A pathetic $49 million flowed i...
Melco Resorts sees Q2 revenue plunge 48%
August 19, 2022
Melco Resorts and Entertainment has published its unaudited financial results for Q2 2022.
Total operating revenue fell to $296...
Macau: The world’s gambling hub tumbles over China’s anti-corruption campaign and zero-COVID policy
August 17, 2022
Macau, once the world’s biggest gambling hub, announced another round of full population COVID-19 PCR tests after a single posit...
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 has fallen
July 29, 2022
“The king is dead. Long live the king.”
First declared in 1422 upon the death of the French King Charles VI and the instant...