Search Results for: Macau's concessionaires
S&P Global notes “strong recovery” in Macau’s mass gambling market
January 11, 2024
A "strong recovery" in Macau's mass gaming industry is highlighted by S&P Global Ratings, which feels that this would help the...
Melco Resorts joins other concessionaires to provide bonus to employees
January 8, 2024
Melco Resorts & Entertainment Ltd. is the fifth of Macau's six casino operators to formally declare that work finished in 2023...
Macau casino concessionaires on track to fulfill spending pledges with city gov’t
December 19, 2023
All six of the Macau casino concessionaires have made headway toward fulfilling their individual spending goals as outlined in the...
Macau’s 3Q mass market revenue surpasses 95% of pre-COVID levels
November 16, 2023
Macau's mass market gaming revenues in the third quarter of 2023 exceeded 95% of pre-COVID levels, a 771% increase over the same p...
Macau concessionaires to have panel discussion at MGS 2023
November 14, 2023
Representatives from each of the six Macau gaming concessionaires will participate in a high-profile panel discussion titled "Pion...
Macau’s hotel occupancy rate to reach 90% during Grand Prix weekends
October 31, 2023
Hotel occupancy in Macau will be near 90% during the two weekends of the Macau Grand Prix, according to Maria Helena de Senna Fern...
“Unprecedented lineup of events” to dramatically raise Macau’s gaming revenues
September 28, 2023
According to Citi analysts, a "unprecedented lineup of events" planned by concessionaires would dramatically raise Macau's gaming ...
Baccarat dominates Macau’s gaming industry; responsible for 58.4% of all GGR in 2Q23
July 19, 2023
The favorite table casino game for both mass and VIP continues to be a hit in Macau; accounts for more than half of industry-wide ...
Macau’s Gaming Credit Law Approved by Legislative Assembly
May 22, 2023
A new gaming credit law that forbids casino management businesses from offering credit and provides a penalty system for violation...
According to an Industry Representative, Only Eight of Macau’s 36 Licensed Junkets are Open
March 6, 2023
Despite the Macau government issuing 36 junket licenses in January, just eight Macau junkets are currently open, according to the ...