Search Results for: Macau Industry
Korea seen as biggest loser from China’s zero-Covid policy, Macau wins
February 28, 2022
Public policy makers and health officials in countries across East Asia are cautiously optimistic that their tourism economies wi...
Macau Regulators Meet With Junket Trade Group to Discuss Future VIP Operations
February 23, 2022
Macau gaming regulators met recently with representatives of the enclave’s primary junket trade group. The topic was how such V...
Macau gaming tax increases in 2021 to MOP$33.91 billion
February 22, 2022
The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MO...
Macau junket rep says VIP promoters must change business model to survive after first meeting with DICJ on gaming law
February 22, 2022
The President of the Macau Association of Gaming and Entertainment Promoters says licensed junkets must revert back to their orig...
Strong GGR post-CNY suggests “robust” pent-up demand for Macau’s casinos
February 15, 2022
Strong revenue growth in the week following Chinese New Year has been described by analysts as highly encouraging after Macau rec...
Cruise industry expecting full recovery by 2023, says CLIA
February 14, 2022
Global cruise industry association, the CLIA says it expects the global cruise industry to return to full service by August this ...
New casino concessions but less gaming: can Macau reinvent itself?
February 14, 2022
The Macau government earlier this year announced that it would grant six new casino licences, but experts say it will not be busi...
More Hotel Rooms Key to Continued Growth of Macau Gaming: DS Kim
January 27, 2022
J.P. Morgan gaming analyst DS Kim says that the adding of more hotel rooms will be key for the continued growth of Macau’s gami...
Macau Gaming Could Be Damaged By Hong Kong Isolation
January 27, 2022
Hong Kong won’t likely reopen its borders completely until 2024. Should this be the case, it could cause a ripple effect that m...
IMF Projects Steady Recovery for Macau as Region Diversifies Economy
January 26, 2022
Business is a greasy pole – you go up, you go down. Macau has been struggling in the past two years has been all but deprived o...