Macau’s VIP Baccarat Revenue Surges 68% in Q1
According to official figures, Macau's gross gaming revenue (GGR) from VIP baccarat climbed by 68% year over year in the first quarter.
This significant increase is comparable to the 69% rise in mass-segment baccarat GGR reported by the city's gaming authority, DICJ.
A little under MOP14.38 bill[...]
macau leader: no gambling at jockey club land
Chief Executive Ho Iat Seng reaffirmed Macau's stance on the Macau Jockey Club (MJC) property during a Legislative Assembly meetin[...]
macau chief executive confident of over 30 million vi...
Ho Iat Seng, the chief executive of Macau, voiced optimism about the region's tourism prospects for the year during a recent plena[...]
bank of america expects melco to resume dividends ear...
According to Bank of America's investment arm, Melco, a Macau gambling operator, is set to start paying dividends in fiscal year 2[...]
macau legend extends deadline for laos casino sale to...
The company that runs Macau's Fisherman Wharf, Macau Legend Development Ltd., has once again extended the deadline for completing [...]
citigroup memo highlights macau gaming sector resilie...
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 ...
With a unanimous vote, the Macau Legislative Assembly passed historic legislation that would change the way casino credit operatio[...]
economic bureau plans multiple trips between hengqin ...
The Guangdong-Macao In-depth Cooperation Zone in Hengqin's Economic Development Bureau revealed plans for a ground-breaking projec[...]
mgm china highlights debt concerns amidst strong perf...
MGM China voiced concerns in a recent report on its "large indebtedness," announcing that it might make servicing payments on unse[...]
chinese government contemplates new visa for macau-he...
The Chinese government is thinking of implementing a special visa for Chinese tour groups that would facilitate easy travel betwee[...]