Search Results for: Macau casino concessionaires
Macau gaming bill raises doubt on some Mocha slot halls
April 13, 2022
Macau’s gaming law amendment bill in likelihood puts some standalone slot parlours within the city in a similar position legall...
Macau casino industry to report combined US$102 million EBITDA loss for 1Q22: Morgan Stanley
April 13, 2022
A number of Macau’s casino concessionaires could report negative EBITDA for the three months to 31 March 2022, driven by weaker...
Macau’s Grand Emperor to cease satellite casino operations
April 4, 2022
Macau’s Grand Emperor Hotel will cease casino operations from 26 June 2022, citing a challenging business environment due to CO...
DICJ confirms stricter laws governing junkets under new casino bill
April 1, 2022
The Macau SAR Government has announced details of a new law regulating the operations of the city’s junkets.
Macau’s Execu...
Is Macau still investible?
March 31, 2022
Macau has long been seen as a city paved with gold – home to the biggest casino market in the world with gaming revenues at one...
Golden Dragon Group to shutter all four Macau satellite casinos by mid-2022
March 28, 2022
The four satellite casinos operated by former Macau legislator Chan Meng Kam’s Golden Dragon Group are said to be among seven s...
Paradise chair Jay Chun concerned by Macau satellite casino threat
March 25, 2022
The chairman of Paradise Entertainment Ltd, Jay Chun, has highlighted the “significant contribution” from satellite casinos t...
40pct Macau satellite casinos may shut by mid-year: report
March 25, 2022
At least “seven” Macau satellite casinos – nearly 40 percent of such properties currently active in the local market – mi...
Macau Legislators Review Gaming Law Amendments, Prepare for Final Reading
March 24, 2022
Macau continues to advance its efforts to update local gambling laws. The committee charged with their review wrapped up another ...
Macau unions fear for satellite casino jobs in law revision
March 23, 2022
Several gaming labour groups affiliated to Macau’s Federation of Trade Unions – the largest local labour organisation – sai...