Search Results for: Macau casino concessionaires
Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start
January 4, 2023
On January 2nd, 2023, six Macau concessionaries reported that they would individually pay the Macau government a base sum of MOP75...
Six incumbents get provisional Macau gaming license, Genting fails in bid
November 28, 2022
Genting has failed again in its bid for a Macau gaming license, with authorities on Saturday announcing that the current six opera...
JP Morgan: Genting Malaysia still likely to pursue Macau investment despite missing 10-year concession
November 28, 2022
Genting Malaysia missed out on one of Macau’s new 10-year gaming concessions on Saturday, but that doesn’t mean the company is...
Report claims Macau government demanding greater investment guarantee from concession bidders as final proposals submitted
November 28, 2022
The Macau SAR Government has asked the seven companies bidding for a new 10-year gaming concession from 2023 to increase their pro...
China entrants to Macau must undergo NAT two days after arrival
November 22, 2022
All individuals arriving in Macau from China are now required to take a COVID test two days after their arrival. The measure is al...
Macau Spending Plan Likely Palatable to Concessionaires, Says Bank
November 17, 2022
Macau’s retendering process is ongoing, with recent reports suggesting the seven operators bidding for six gaming licenses are c...
Macau to keep following China’s zero-Covid policy: CE
November 16, 2022
Macau’s Chief Executive, Ho Iat Seng, said on Tuesday there would be no immediate loosening of Covid-19 countermeasures, as the ...
Final vote on Macau junket bill by mid-Dec: legislator
November 16, 2022
Macau’s Legislative Assembly is expected to hold by “mid-December” a second-reading debate and final vote on a consolidating...
Macau’s Concessionaires Agree to Pay $12.5B Collectively in 10 Years
November 15, 2022
Macau is keen to get more bang for its license extensions concerning the casino industry in the Special Administrative Region over...
MGM Resorts Lends $750M to Macau Subsidiary
November 14, 2022
MGM Resorts agreed to provide its Chinese subsidiary with a loan of $750 million. The money will help MGM China push through the d...