Search Results for: Macau Industry
High Demand, Lower Prices: Macau Hotels Prepare for Labor Day Rush
April 25, 2024
Macau is getting ready for the highly anticipated five-day Labor Day weekend on the Chinese mainland.
A recent report by UBS sh...
Citigroup Adjusts Macau Gaming Revenue Forecast Amidst Market Trend
April 25, 2024
Due to the dynamic changes in Macau's gaming environment, Citigroup has revised its April gross gaming revenue (GGR) projection.
...
AACM Announces Air Travel Boost for Macau Region
April 19, 2024
Regional aviation is expected to take a positive turn when the Civil Aviation Authority (AACM) implements a number of bold measure...
Macau Chief Executive Confident of Over 30 Million Visitors This Year
April 17, 2024
Ho Iat Seng, the chief executive of Macau, voiced optimism about the region's tourism prospects for the year during a recent plena...
Citigroup Memo Highlights Macau Gaming Sector Resilience; Sands China Regains Top Market Share
April 16, 2024
A new report from Citigroup states that the Macau casino industry had a successful April, especially about getting ready for Labor...
Macau Passes New Gaming Credit Law, Effective August 1st
April 15, 2024
With a unanimous vote, the Macau Legislative Assembly passed historic legislation that would change the way casino credit operatio...
Chinese Government Contemplates New Visa for Macau-Hengqin Tour Groups
April 11, 2024
The Chinese government is thinking of implementing a special visa for Chinese tour groups that would facilitate easy travel betwee...
Macau’s March 2024 Revenue Surges to US$2.43 Billion
April 8, 2024
Macau reported a significant increase in revenue in March 2024.
In March 2024, Macau's monthly income reached MOP$19.5 billion ...
Smart Gaming Tables and RFID Chips Forecasted to Boost Macau Casino Revenues
April 8, 2024
Incorporating RFID chips and smart gaming tables into Macau's casinos is anticipated to automatically increase gaming revenues wit...
CLSA raises its 2024 gross gaming revenue forecast for Macau
April 8, 2024
Global stockbroker CLSA has increased its forecast of Macau's gross gaming revenue (GGR) to $30.3 billion by 3.5% for 2024. The re...