Search Results for: Macau Industry
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 Gaming Industry Generated 237% More Tax Revenues in April
May 18, 2023
The strong Macau gaming industry growth in the first quarter of 2023 continued throughout the month of April as well. Inside Asian...
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 ...
Macau Chief Executive Ho Iat Seng ‘Confident’ Regarding Local Casino Industry
February 28, 2023
Macau Chief Executive Ho Iat Seng remains confident that the region’s six casino operators will win, at minimum, MOP130 billion ...
Macau Chief Executive says little scope for further industry expansion as tender committee enters discussions with bidders
September 26, 2022
Macau’s Secretary for Administration and Justice, Cheong Weng Chon, said Saturday that the government will definitely complete i...
Macau Workforce Stats Reveals Fewer Gambling Industry Workers in Q2
September 13, 2022
Macau’s Statistics and Census Service has noted that the gaming force in Macau has remained fairly unchanged despite a decline i...
Macau gaming law revisions will not apply pressure to employment within the industry: Secretary for Security
May 25, 2022
Macau’s Secretary for Security, Wong Sio Chak, has released the “Assessment Report on the Impact of the Current Situation of ...
Macau records almost 137,000 visitors in Golden Week as Macau travel industry rep says some hotels hit 80% capacity
May 6, 2022
Macau’s Public Security Police Force has revealed that a total of 136,647 visitors arrived in Macau during Golden Week (30 Apri...
Macau casino industry to report combined US$102 million EBITDA loss for 1Q22: Morgan Stanley
April 13, 2022
A number of Macau’s casino concessionaires could report negative EBITDA for the three months to 31 March 2022, driven by weaker...
Macau gambling industry amendment bill passes first reading amid “satellite casinos” concerns
January 26, 2022
The Macau Legislative Assembly (AL) passed its first reading of the draft bill seeking to amend Macau’s gaming on Monday. The d...