Search Results for: Melco resort and Entertainment
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...
Net debt of Macau casino operators has quadrupled since 2019
March 18, 2022
The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the coronavirus ...
Macau casino operators not set to face increase in tax rates
March 18, 2022
The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under the provisions of ...
Full time staff in Macau gaming down 3pct in 4Q, wages up
March 9, 2022
The number of full-time workers in the Macau gaming sector went down by 3.1 percent year-on-year in the fourth quarter of 2021, w...
Live or die
March 7, 2022
Alike the operations of junkets, authorities are set to tighten control over satellite casinos under the new gaming bill. Still, ...
Macau operators maintain vaccination drive pressure
March 4, 2022
Macau operators continue to push efforts to increase vaccination rates in the city, with Melco Resorts & Entertainment launch...
Macau extends casino licences for 6 months to allow legislature to enact new gambling law
March 4, 2022
Macau’s gambling regulator will extend the territory’s casino licences for six months until the end of December, according to...
MGM China also confirms terminating agreements with junket promoters
March 1, 2022
MGM China has also suspended operations with its primary VIP gaming promoters since December, 2021, MGM Resorts indicated in the ...
Galaxy ends all junket deals; company assessing Macau satellite casinos situation
February 24, 2022
Macau gaming giant Galaxy Entertainment Group has terminated all its VIP junket agreements. The company no longer has any deal of...
Macau looking to introduce draft gaming bill on Monday
January 20, 2022
The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Asse...