Search Results for: macau hotel
Macau revenue to reach USD 1.6B in 2Q this year
June 29, 2023
Investment bank Morgan Stanley said in a new research note that it expects Macau industry-wide EBITDA to reach US$1.6 billion for ...
Macau’s gaming operators actively soliciting junkets as VIP revenue rebounds: sources
June 27, 2023
According to Nelson Kot, the president of the Macau Comprehensive Social Research Association, Macau’s gaming operators have bee...
Macau Recovery Brisker Than Expected, Says Citigroup
June 26, 2023
Some analysts and gaming industry observers are concerned about tepid levels of visitation to Macau. But Citigroup suggests invest...
Macau Dragon Boat Festival to swell up occupancy rate
June 23, 2023
Macau’s hotel occupancy rate could exceed 80 percent during the Dragon Boat Festival weekend, from June 22nd to 25th, says the p...
Macau’s Ponte 16 to revitalise floating casino Macau Palace in latest expansion
June 19, 2023
Success Universe Group, the investor and operator of the Ponte 16 property, has announced plans to include the floating casino Mac...
Macau Legend inks deal to sell Laos casino Savan Legend for US$45 million
June 15, 2023
Macau Legend Development Ltd, the owner of the Macau Fisherman’s Wharf precinct and operator of satellite casino Legend Palace, ...
Cotai Expo hotel extra to licence capex, says Goldstein
May 30, 2023
The idea of a new hotel tower for Cotai Expo at the Venetian Macao casino resort would represent capital expenditure (capex) addit...
Hengqin is more than ready to develop MICE with Macau
May 22, 2023
Hengqin is only 200 meters away from the world’s biggest gaming hub Macau and was established in 2009 to help Macau diversify it...
Melco Resorts Rating Upgraded Due to Macau’s Fast Recovery: S&P
May 17, 2023
Melco Resorts & Entertainment‘s credit rating has been upgraded by S&P Global from “negative” to “stable” due to...
Macau Police Apprehend Mainland Suspect in Casino Resort Murder
May 9, 2023
The suspect was apprehended late on Thursday night after attempting to flee back to the mainland.
Macau authorities have identi...