Search Results for: MACAU GGR
Macau unions fear for satellite casino jobs in law revision
March 23, 2022
Several gaming labour groups affiliated to Macau’s Federation of Trade Unions – the largest local labour organisation – sai...
Capital Group cuts stake in Wynn Macau Ltd, gets US$12mln
March 22, 2022
United States-based Capital Group Companies Inc has grossed about HKD90.0 million (US$11.5 million) from disposing of just above ...
Net debt of Macau casino operators has quadrupled since 2019
March 18, 2022
The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the coronavirus ...
Macau adds place in neighbouring Zhuhai to quarantine list
March 17, 2022
Macau has imposed quarantine restrictions for inbound travellers from more places in mainland China, including a location in the ...
Macau Casinos Could Be Required to Disclose Major Financial Decisions
March 16, 2022
Macau casinos will be governed by a new set of regulatory conditions next year. One potential governing matter proposed would req...
Macau assembly aims to nod by August new law on junkets
March 11, 2022
Macau’s Legislative Assembly (pictured in a plenary session) aims to approve by mid-August a new law for junkets, noted veteran...
Full time staff in Macau gaming down 3pct in 4Q, wages up
March 9, 2022
The number of full-time workers in the Macau gaming sector went down by 3.1 percent year-on-year in the fourth quarter of 2021, w...
Melinda Chan succeeds Levo Chan as Macau Legend CEO
March 2, 2022
Hong Kong-listed Macau casino services firm Macau Legend Development Ltd has appointed Melinda Chan Mei Yi (pictured in a file ph...
Macau gaming tax climbs 13.8% to almost MOP$34 billion in 2021
February 21, 2022
The Macau government raked in gaming tax of MOP$33.91 billion (US$4.22 billion) in 2021, according to details published by the Fi...
S&P downgrades LVS, Sands China to junk on Macau woes
February 18, 2022
S&P Global Ratings has downgraded its credit ratings for casino operator Las Vegas Sands Corp ands its Macau unit, Sands Chin...