Search Results for: Diversification
Seaport: Non-gaming to make up 15% of Macau revenues by 2024
June 26, 2024
Macau's diversification efforts show a positive impact, with non-gaming sectors expected to contribute 15% of concessionaire reven...
Melco Unveils First Dolby Cinema in Macau at Studio City Grand Opening
June 20, 2024
On June 26, Melco Resorts & Entertainment will host the grand opening of their new Studio City Cinema, which will feature the ...
Macau Revamps Image: Casinos Learn to Diversify
June 20, 2024
As per Craig Fullalove of Wynn Macau, Macau's casino operators are modifying their offerings to draw in foreign visitors. Fullalov...
Wynn Resorts’ Strong Finances Power Self-Funded UAE Expansion
June 20, 2024
Wynn Resorts is able to self-fund its $900 million investment in the Wynn Al Marjan Island development in the United Arab Emirates...
Macau’s Economy Poised for Strong Growth, But Risks Remain
June 3, 2024
The International Monetary Fund (IMF) predicts that Macau's economy would grow by 13.9% this year, providing a positive near-term ...
Macau Sees Surge in Non-Gaming Visitor Spending
May 22, 2024
The first quarter of 2024 saw a new peak for non-gaming visitor expenditure, demonstrating the success of Macau's economic diversi...
Marina Bay Sand secures global top spot in terms of brand value
February 8, 2024
According to Brand Finance Plc's "Gambling 25 2024" report, Marina Bay Sands, a casino resort in Singapore, has risen from fifth t...
Fitch assigns ‘BB-’ rating to Wynn Resorts, subsidiaries
January 31, 2024
Fitch Ratings Inc. has rated Wynn Resorts Ltd. and many of its subsidiaries, including Wynn Macau Ltd., as "first-time" 'BB-' issu...
SJM Holdings joins other Macau casino operators in awarding bonus to staff
January 12, 2024
The Macau operations subsidiary of SJM Holdings Ltd., SJM Resorts Ltd., has announced that its employees would receive a "special ...
Pansy Ho says Macau needs ‘completely new perspective’
December 11, 2023
Macau, the preeminent global gambling center, aspires to achieve economic diversification beyond the gaming industry. Macau's casi...