Search Results for: Macau Casino Industry
Macau Hits Post-Pandemic Visitor Record with Over 20 Million Arrivals in 2024
August 6, 2024
Macau has witnessed a remarkable surge in visitor arrivals, surpassing 20 million by August 3, 2024, achieving this milestone two ...
Thailand Moves to Legalize Casinos; Releases Draft Casino Bill
August 5, 2024
In a significant move to bolster its tourism and economic sectors, Thailand is advancing plans to legalize casinos within large en...
Thailand’s Gaming Legalization May Open $15.1B Market for Macau
July 30, 2024
The legalization of gaming in Thailand could open up a $15.1 billion market, potentially reshaping the regional gaming scene. Anal...
Jefferies Report: Macau Gaming Operators Face Economic Pressures
July 24, 2024
Jefferies' latest memo reveals that Macau's gaming operators are experiencing pressure from macroeconomic conditions. The region's...
Macau gaming sector sees 57% spike in suspicious transactions reports in 1H 2024
July 18, 2024
Macau's gaming sector has experienced a significant increase in Suspicious Transaction Reports (STRs) in the first half of 2024, a...
Macau GGR projected to reach $29 billion in 2024: Goldman Sachs report
July 11, 2024
Macau is bouncing back from the impacts of the COVID-19 pandemic, with experts predicting that the city's gross gaming revenue (GG...
Macau government to keep cap on licensed junkets at 50 for 2025
July 11, 2024
By 2025, the number of licensed gaming promoters, more popularly known as "junkets," allowed in the Macau casino market will be ca...
Citi Expects Strong Macau Casino EBITDA Despite Revenue Drop
July 10, 2024
Citi Forecasts Resilient 28% EBITDA Margins for Macau Casinos in Q2 2024 Despite Revenue Declines
Citi forecasts Macau gaming con...
Seaport: Smart table rollout to equalize Macau operators
June 27, 2024
Macau’s rollout of smart tables over the next six to nine months will level the playing field for concessionaires and improve bo...
Operations in Macau rise; those in China and Southeast Asia less so: Moody’s
June 25, 2024
Over the next 12 to 18 months, Moody's predicts a recovery in casino industry earnings and cash flow, mostly in Macau, due to an i...