Search Results for: six casino operators in Macau
Macau’s gaming law reforms positive for casino industry, but outlook clouded by Covid-19 uncertainty, UBS, JPMorgan analysts say
January 18, 2022
The amendments to Macau’s gaming laws have removed significant regulatory overhang for the city’s casino industry, but the ou...
Asian gambling hub to limit new casino licences
January 17, 2022
Macau on Friday unveiled plans to slash the duration of new gaming licences to just 10 years, half the length awarded the last ti...
Investors urged to temper euphoria on Macau licenses
January 17, 2022
Investors have been advised not to rush into gaming shares on the back of the news that Macau will keep the casino operators allo...
Macau Casino Licenses Issued in 2022 Could Include Hengqin Island Investments
January 14, 2022
Macau casino operators are set to see their coveted gaming licenses expire in June. Industry analysts at JPMorgan believe the six...
Macau consultation finds support for 6 casino licenses, reduced length, higher standards for junkets
January 7, 2022
The Macau government has issued a report to its consultation aimed at reviewing and changing rules for the Chinese enclave's casi...
Macau’s casino GGR grows 43.7% in 2021; marks nearly a third of pre-pandemic numbers
January 4, 2022
According to data released by the Gaming Inspection and Coordination Bureau (DICJ), Macau’s casinos secured MOP 7.96 million (U...
Macau Casino Revenue Climbs 44 Percent in 2021, But Industry Remains Unsettled
January 3, 2022
Macau casinos fared significantly better in 2021 than they did in 2020. But the world’s richest gambling market still has far t...
Macau Casino Shares Rise as Analysts Cheer Re-Licensing Report
December 24, 2021
Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International rose in New York trading after authorities in Macau releas...
Macau Casino Licenses To Be Issued Before June 2022 Expiry, Top Official Asserts
December 16, 2021
The six Macau casino operators in the Chinese Special Administrative Region (SAR) are scheduled to see their coveted gaming privi...
Premium-mass likely to be the new habitat for many Macau junket operators
December 16, 2021
Up to 30% of junket business in the casino hotspot of Macau may reportedly soon abandon the more traditional high-value VIP segme...