Search Results for: Diversification
Changing money could be key to Macau casino recovery
January 10, 2023
Switching from Hong Kong dollars to Chinese renminbi could soothe official concerns over capital flight and smooth mainland visito...
Casino mecca Macau gambles on becoming a global tourist attraction
January 10, 2023
Big Six operators will invest $15bn over 10 years, with more than 90% spent on non-gaming developments.
With its giant golden l...
Macau vigilant on casino staff rights post tender: DICJ
October 17, 2022
The Macau government will “closely monitor” the next generation of gaming concessionaires, regarding commitments that have bee...
Genting’s Macau bid taken seriously: Hornbuckle MGM
October 13, 2022
The MGM brand is taking “very seriously” the bid by an outside entity linked to Genting Malaysia Bhd to vie for one of only si...
Mandalay Bay’s convention centre to undergo $100m renovation
October 13, 2022
MGM Resorts-owned Las Vegas hotel Mandalay Bay has unveiled plans for a remodel of its 2.1 million square-foot convention centre, ...
Lawrence Ho present as Melco submits Macau tender bid
September 15, 2022
Current Macau casino operator Melco Resorts and Entertainment Ltd said in a Wednesday lunchtime statement that a group unit, Melco...
6 existing Macau casino ops submit tender bids by deadline
September 15, 2022
Macau’s current six operators had by 3.30pm on Wednesday – two hours and 15 minutes before the deadline – submitted their re...
Pandemic showed casinos value of locals: PH Resorts COO
August 26, 2022
The Covid-19 pandemic had been a “great reminder” for casino operators about ensuring “you understand your local market”, ...
Jay Chun: MGS Summit 2022 to discuss Macau market changes across six core topics
August 22, 2022
Organized by the Macau Gaming Equipment Manufacturers Association (MGEMA), this year’s MGS Summit will be held on Wednesday 16 N...
What’s behind Macau’s business disaster?
August 15, 2022
Business 101. When companies plan their business models, typically they must consider, amongst other matters: their products and/o...