Search Results for: galaxy entertainment
Macau Forms Committee to Evaluate License Bidders
July 28, 2022
Macau will evaluate the bidders for the region’s new casino licenses. To that end, the special administrative region’s governm...
2 more Cotai resort hotels join Covid quarantine effort
July 13, 2022
Two more Cotai casino resorts are making hotel rooms available for quarantine during Macau’s current community outbreak of Covi...
Macau officially extends gaming licences by six months
June 24, 2022
Macau's government has officially extended the special administrative region's six gaming licences until 31 December 2022.
Thi...
GEG Closes Rio and President Casinos
June 23, 2022
Galaxy Entertainment Group (GEG) has closed two of its Macau satellite casinos (Rio Casino and President Casino).
According to...
Macau Casino Stocks Fall as COVID Cases Boom
June 22, 2022
The biggest COVID outbreak to date in Macau, which means new restrictions, social distancing, and a huge amount of testing, resul...
Brand-name hotel portfolio not always in casino IR’s favor
June 9, 2022
Many of Asia’s integrated resorts boast a wide range of hotel options, but does having the big name global brands bring an oper...
Six to eight satellite casinos expected to close by June – Sector rep
June 8, 2022
The President of the Macau Association of Gaming and Entertainment Promoters, Kwok Chi Chung, has indicated in comments to Exmoo ...
Macau stocks gain on hopes travel visa policy will be less restrictive
June 7, 2022
Wynn Resorts (WYNN +1.9%), Las Vegas Sands (LVS +1.2%), Melco Resorts & Entertainment Limited (NASDAQ:MLCO +8.8%), and MGM Re...
Macau aggregated casino operator debt forecast to top $25 billion this year
May 25, 2022
Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino oper...
Macau court ruling shows LVS-AAEC concession agreements were non-binding, says former LVS partner “acted with malice”
May 6, 2022
The failure of Las Vegas Sands Corp (LVS) and Asian American Entertainment Corporation (AAEC) to sign a formal agreement was a ke...