Search Results for: Macau casino concessionaires
Macau Concessionaires Packing on Debt
March 18, 2022
Macau’s six gaming operators are seeing debt burdens swell in the wake of the coronavirus pandemic, and that’s a drag on equi...
MACAU RESIDENCY REQUIRED FOR FUTURE CASINO COLLABORATORS
March 18, 2022
As proposed in a current draft law and promoted by the government, it is very likely in the future that all casino intermediaries...
Another 12% wiped from market cap as Macau gaming stocks continue freefall
March 16, 2022
Macau gaming stocks suffered yet another round of heavy losses on Tuesday, dropping 12% of their market cap in a single day as in...
Macau Casinos Could Be Required to Disclose Major Financial Decisions
March 16, 2022
Macau casinos will be governed by a new set of regulatory conditions next year. One potential governing matter proposed would req...
Macau gaming stocks plummet again as US$4.4 billion wiped from market cap
March 15, 2022
Macau gaming stocks have seen another HK$35 billion (US$4.4 billion) wiped off their combined market capitalization – the secon...
GOV’T TO ASSUME FULL-TIME CONTROL OVER GAMING TABLES NUMBER, FIRM ON REGULATING ‘SATELLITE CASINOS’
March 8, 2022
The government has firmly reaffirmed its intention to be able to reduce the number of gaming tables and slot machines available a...
Macau’s Chief Executive to be granted power to revoke gaming licenses if national security law violated
March 7, 2022
The Macau SAR Government has told the Legislative Assembly (AL) that the revised gaming bill would grant the Chief Executive the ...
SANDS, GALAXY SUPPORT GOV’T PLAN TO TEMPORARILY EXTEND CASINO LICENSES
March 4, 2022
Two out of six gambling concessionaires have responded to an inquiry by the Times, stating that they are supportive of the govern...
CNMI hoping displaced Macau casino operators can save the day
March 3, 2022
The head of Saipan’s Commonwealth Casino Commission, Andrew Yeom, believes moves by the Macau government to tighten its gaming ...
Macau police conducted unannounced VIP room inspections last week
February 22, 2022
Macau’ Judiciary Police on Friday said it had conducted multiple surprise inspections on a number of VIP rooms under the contro...