Search Results for: macau non gaming
Deutsche Bank projects 20.6% y-o-y increase in Macau’s casino GGR for 2024
January 18, 2024
According to Deutsche Bank Securities Inc., Macau's casino gross gaming revenue (GGR) would increase by 20.6 percent on an annual ...
SJM Holdings joins other Macau casino operators in awarding bonus to staff
January 12, 2024
The Macau operations subsidiary of SJM Holdings Ltd., SJM Resorts Ltd., has announced that its employees would receive a "special ...
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’s hospitality sector hosts younger hotel guests post-COVID
January 10, 2024
The chairman of the Macau Hoteliers & Innkeepers Association, Lou Chi Leong, claims that since the city's reopening in January...
Wynn Macau offers 346 employees opportunity to subscribe to 346,000 ordinary shares
January 4, 2024
At a price of HK$0.001 per share, 346 Wynn Macau Limited workers may subscribe for 346,000 common shares.
A document filed on W...
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...
Macau gaming, travel sector reps anticipate big number of visitors during Christmas
December 22, 2023
Despite the unusually cold weather and non-holiday status of mainland China, Macau is expected to receive a substantial number of ...
Macau 2023 GGR expected to either meet or surpass $22.4 billion
December 22, 2023
According to Macau's Chief Executive, gross gaming revenue (GGR) in Macau is anticipated to reach or surpass MOP180 billion ($22.4...