Search Results for: galaxy entertainment
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...
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 ...
Macau casino shares continue to fall as neighbouring lockdowns intensify
March 17, 2022
The Bloomberg index that tracks the evolution of the shares of Macau gaming operators fell by 10 per cent due to the extension of...
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...
CASINO SHARES TUMBLE AMID TIGHTENED RESTRICTIONS FOR GUANGDONG ARRIVALS
March 15, 2022
Gaming operators in the city saw their shares plunge up to 13% yesterday following the tightened quarantine requirements for some...
Macau Casino Stocks Plunge as China Covid-19 Spike Tightens Travel Rules
March 15, 2022
Macau Health authorities said Monday visitors from neighboring Guangdong province will have to serve seven days quarantine on ent...
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...