Macau gaming bill final read maybe in June: legislator
Macau’s Legislative Assembly (pictured) is expected to give a final reading to the gaming law amendment bill by June 26 this year, also the date of the expiry of the city’s six gaming concessions, noted on Monday, legislator Chan Chak Mo, the head of an assembly sub-committee tasked with examin[...]
macau to seek more economic diversity, could approve ...
Macau’s chief executive, Ho Iat-seng, has provided an update on the city’s direction. While casinos will continue to play a h[...]
moody’s downgrades sjm holdings on concerns over fi...
Moody’s Investors Service has downgraded the corporate family rating of Macau casino concessionaire SJM Holdings, as well as th[...]
new casino concessions but less gaming: can macau rei...
The Macau government earlier this year announced that it would grant six new casino licences, but experts say it will not be busi[...]
mgm china eyeing strong recovery, converting junkets ...
Junket operators are a thing of the past in China and Macau. As MGM China would confirm, cutting the middleman out of business is[...]
suncity issues arrive in the us as vegas union seeks ...
Suncity Group and its legal issues aren’t remaining only in Asia. They have now expanded into the US, with a Las Vegas union as[...]
union calls for us investigation into suncity’s rel...
Local 501, a U.S.-based union, is calling for a coordinated U.S. federal investigation into the gambling junket operator Suncity [...]
macau 2022 ggr at 40pct 2019 level at best: s&p ...
Macau casino gross gaming revenue (GGR) for 2022 is likely only to be “30 percent to 40 percent” of the 2019 levels seen befo[...]
february ggr to rebound following lunar new year visi...
Analysts are expecting slightly higher gaming revenue for February following the increase in visitor numbers to the region du[...]
asia round-up: tourists returning to macau, $1bn R...
According to the Macau Government Tourism Office, the Chinese New Year brought in 25% more tourists than for the same period duri[...]