Search Results for: Macau's mass gaming industry
Moody’s revises outlook on SJM, Melco from ‘negative’ to ‘stable’
November 17, 2023
"SJM Holdings Ltd., a Macau casino operator, and a collection of companies controlled by Melco Resorts & Entertainment Ltd. ha...
MGS kicks off with 3,000 attendees on first day
November 15, 2023
With 3,000 attendees, the MGS Entertainment Show opened on November 14 at the Galaxy International Convention Center.
Approxima...
JP Morgan “not worried” by correction in Macau casino stock prices
November 13, 2023
According to JP Morgan Securities, as of Friday's close, the value of casino stocks in Macau had decreased by 2.5% to $12.7%. The ...
MGM Resorts CEO expresses plans amid booming business in Macau
November 9, 2023
Macau's industry is booming, according to Bill Hornbuckle, CEO and President of MGM Resorts International, on the call after the c...
Tax commissions of Macau junkets marks sharp 92.5% drop
October 31, 2023
Taxes on commissions that casinos paid to junkets brought in barely MOP3.5 million (US$434,570) for the Macau government in 2022...
Absence of Chinese high rollers impacts APAC casino jurisdictions
October 10, 2023
According to a research by S&P Global Ratings Inc, the lack of Chinese high rollers is having an effect on casino jurisdiction...
Macau anticipates arrival of big players, tourists from mainland for October holiday
September 25, 2023
A recent survey of hotel reserving engines within Macau's casino resorts reveals limited availability for the upcoming autumn Gold...
Asia’s Top 5 Richest Casino Owners
May 29, 2023
On the Asian continent, there are several different gambling and casino laws.
While some nations vehemently oppose gambling, ot...
Experts say Vietnam Might Serve as a Regional Hub for High-Rollers
April 11, 2023
Because to its cheap operating costs and other favorable factors, Vietnam has the potential to serve as a regional hub for VIP cas...
The Future is Brighter for Macau as Profits Grow Back
January 20, 2023
China only recently loosened up its strict zero-COVID rule. However, it seems to be yielding quick results for Macau casino owners...