Search Results for: MACAU GGR
MGM Resorts Lends $750M to Macau Subsidiary
November 14, 2022
MGM Resorts agreed to provide its Chinese subsidiary with a loan of $750 million. The money will help MGM China push through the d...
Macau with 5+3 quarantine scheme for non-mainland arrivals
November 14, 2022
The Macau authorities are lowering from seven days to five days the amount of time people arriving from either Hong Kong, Taiwan o...
COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22
November 11, 2022
During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw rev...
Macau eases Covid test rule for air, sea travel to mainland
November 10, 2022
Macau has eased the Covid-19 test rule for travellers departing for mainland China via flight or vessel from Macau, says the city...
Macau to benefit from China’s reintroduction of eVisa travel scheme
November 8, 2022
The Chinese government’s announcement earlier today that it will be fully reinstating its eVisa scheme for mainlanders wishing t...
Macau hotel occupancy rate down 12.9 percentage points year-on-year through first nine months of 2022
October 28, 2022
Macau’s hotel occupancy rate plummeted to just 37.5% through the first nine months of 2022, a drop of 12.9 percentage points on ...
Sands China least likely to lose Macau concession renewal bid: Morgan Stanley
October 28, 2022
Sands China has lower risk of losing its Macau casino concession than its existing concession peers under the government’s re-te...
Mainland group tours to Macau poss early Nov: MGTO boss
October 21, 2022
Macao Government Tourism Office (MGTO) director Maria Helena de Senna Fernandes said on Thursday that she was “hopeful” packag...
CBRE lowers Macau 2023 EBITDA estimates on COVID-zero uncertainty
October 21, 2022
Continuing uncertainty around the timing of any potential easing of mainland China’s zero-COVID policy has seen CBRE Equity Rese...
Macau gaming tax take climbs to US$113 million in September
October 20, 2022
The amount of tax revenue collected by the Macau SAR Government from the city’s six casino concessionaires reached MOP$915.8 mil...