Search Results for: Macau Industry
Macau Casino Stocks Fall as COVID Cases Boom
June 22, 2022
The biggest COVID outbreak to date in Macau, which means new restrictions, social distancing, and a huge amount of testing, resul...
Macau hotel locked down amid COVID-19 outbreak, 700 people inside in quarantine
June 22, 2022
A hotel and casino resort in the world's biggest gambling hub of Macau has been locked down by authorities with 700 people inside...
China’s gambling hub Macau shuts down amid COVID-19 outbreak but casinos remain open
June 21, 2022
The world's biggest gambling hub, Macau, has begun a second day of mass COVID-19 testing after dozens of locally transmitted case...
Macau June GGR maybe 15pct of June 2019: Bernstein
June 15, 2022
Despite recent relaxation on inbound travel rules to Macau from neighbouring Guangdong in mainland China – involving an extensi...
Galaxy awards “largest façade construction contract in the world” for Galaxy Macau Phase 4
June 10, 2022
Macau casino concessionaire Galaxy Entertainment Group (GEG) has awarded the sub-contract for façade works on its Galaxy Macau P...
Wynn Macau Management to Take Salary Cut for Shares
June 9, 2022
Macau is in a state of flux with lawmakers undertaking the most serious industry review to date. Because of that, companies have ...
Macau Satellite Casinos Expected to Remain Operational
June 8, 2022
Macau satellite casinos have come under a lot of fire, but there is no particular reason for concern argues Macau chief executive...
Macau govt to cut forecast of US$16bln casino GGR in 2022
June 7, 2022
The Macau government is to reduce its 2022 gross gaming revenue (GGR) forecast for the city’s casino industry. The announcement...
Macau casino revenue keeps downward trend in May, forcing closures amid China’s tightened travel restrictions
June 2, 2022
Macau casino revenue has plunged amid the ongoing impact of the pandemic on the gaming destination. Revenue for May fell 68% from...
Macau Employment, GDP Dip, But Casino Operators Show Resiliency
May 31, 2022
Macau and its casinos continue to look for ways to free itself from the grasp of COVID-19. It’s not easy, and a drop in both em...