Search Results for: non-gaming macau
Minimum ratio of local staff employed by each Macau concessionaire set at 85%
January 10, 2024
At a plenary session of the Legislative Assembly, Macau's Secretary for Economy and Finance, Lei Wai Nong, declared that every gam...
Macau GGR projected to grow by 28% year-on-year in 2024
January 3, 2024
Morgan Stanley projects that in 2024, Macau's gross gaming revenue (GGR) will rise by 28% annually to 80% of pre-COVID levels.
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Macau GGR in 2023 at $22 billion, marks 334% year-on-year increase
January 2, 2024
Gross gaming revenue (GGR) in Macau reached MOP$183.1 billion (US$22.7 billion) in 2023, a startling 334% annual increase and a st...
JP Morgan predicts Macau casinos’ 4Q EBITDA to show 10% increase
January 2, 2024
The earnings before interest, taxes, depreciation, and amortization (EBITDA) for Macau's casino sector for the fourth quarter of 2...
Analysts note high-rollers visits Macau more frequently, engages in increased gambling activities
December 22, 2023
A report from Morgan Stanley Asia Ltd. describes how its analysis team visited the casino hub recently and found that high-end pla...
Galaxy Macau opens new Phase 3 amenities
December 19, 2023
Galaxy Entertainment Group's main integrated resort on the Cotai Strip, Galaxy Macau, has inaugurated its third phase.
The phas...
“Art Museum” at MGM Macau to be permanent feature on level two
December 13, 2023
The recently announced "Art Museum" will remain a permanent feature on level two of the MGM Macau casino resort, according to MGM ...
Pansy Ho says Macau needs ‘completely new perspective’
December 11, 2023
Macau, the preeminent global gambling center, aspires to achieve economic diversification beyond the gaming industry. Macau's casi...
Macau gov’t asks casino operators to raise worker compensation
November 23, 2023
The Secretary for Economy and Finance of Macau, Lei Wai Nong, has requested that if certain "conditions" are satisfied, the casino...
Macau market reveal positive trends in premium mass gaming sector
November 20, 2023
The most recent market evaluations of Macau by Citigroup show significant positive trends in the premium mass gaming sector. Novem...