Search Results for: Diversification
Mohegan reports strong 3rd-quarter results
August 12, 2022
Mohegan Sun generated net revenues of $236.5 million in the three months that ended June 30, a 7.5% increase over the same period ...
Melco to launch new family attraction at Studio City in June
May 20, 2022
Casino operator Melco Resorts and Entertainment Ltd announced on Thursday that it would launch at the end of June a new, themed z...
Macau economy to grow 19% in 2022, recovery to pick up in 2H: Fitch
April 8, 2022
Macau’s economy is expected to expand by 19 percent in 2022 as inbound tourism from China picks up in the second half, accordin...
Macau to Seek More Economic Diversity, Could Approve New Gaming Law in June
February 15, 2022
Macau’s chief executive, Ho Iat-seng, has provided an update on the city’s direction. While casinos will continue to play a h...
Cruise industry expecting full recovery by 2023, says CLIA
February 14, 2022
Global cruise industry association, the CLIA says it expects the global cruise industry to return to full service by August this ...
Macau should move beyond its reliance on gaming revenues
December 7, 2021
The gambling hub’s shortcomings have been exposed as the Covid-19 pandemic has emptied its gaming rooms and Beijing continues i...
China wants its casino paradise to become tech Mecca
December 6, 2021
The Chinese government plans to transform its largest casino den, Macau, into a regional technology hub, the South China Morning P...
Restructuring in the making
October 12, 2021
The gaming law revision is finally in motion with tighter rules and supervision for operators and junkets, as expected. However, ...
Golden eggs
October 6, 2021
The conversation on diversifying Macau’s economy away from gambling is almost as old as the casino industry itself in the city....