According to local media reports, as of January 8, Macau has canceled most of its travel restrictions related to the Covid-19 pandemic, dropping all testing requirements for inbound travelers from mainland China, Hong Kong, and Taiwan. Read More
Macau gaming companies MGM China, Sands China, Wynn Macau, SJM Holdings, Galaxy Entertainment, and Melco Resorts began operating their new licenses on January 1, following the conclusion of 2022’s bidding process. But while the businesses are Read More
MGM China has secured a loan of $750 million from its parent company through a subordinated revolving loan facility, a filing from the gaming operator to Hong Kong’s stock exchange shows. The operator of the Read More
According to data released by the Gaming Inspection and Coordination Bureau (DICJ), Macau has reported another month of slowdown with gaming revenue falling 10.7% year-over-year in October. While figures were boosted by China’s week-long National Read More
According to local media reports, the number of Suspicious Transaction Reports (STRs) in Macau has seen a 13.4% year-over-year decrease to 1677 in the first nine months of 2022. According to a report from the Financial Intelligence Office, Read More
According to data released by the Gaming Inspection and Coordination Bureau, Macau has seen yet another month of slowdown, with gaming revenue falling 49.6%, as China’s snap lockdowns to control Covid-19 outbreaks discouraged tourists from Read More
A trial regarding a cross-border illegal gambling syndicate allegedly linked to former Suncity Group Holdings CEO Alvin Chau -accused of more than 200 charges- is still ongoing in Macau, with separate trials also being conducted in Read More
Macau’s gaming sector has finally caught a break, as shares in casino operators soared up to 13% on Monday after announcements of new efforts to revive tourism. Chief Executive Ho Iat Seng said at a Read More
Seven companies have submitted their tenders for Macau’s six gaming concessions. The list of firms vying for the 10-year licenses includes the city’s six current operators –Wynn Macau, Sands China, MGM China, SJM Read More
As gaming around the world rebounds, and businesses slowly begin to recover from the effects left by the Covid-19 pandemic, Macau’s struggle is far from over. According to the latest reports, suppliers of slot Read More
Macau’s gaming industry saw GGR drop by 50.7% year-on-year to MOP 2.19 billion ($271 million) in August, according to the latest data shared by the Gaming Inspection and Coordination Bureau (DICJ). However, last month’s figure is Read More
Macau’s government announced Friday it has fixed a limit of 6,000 gaming tables and 12,000 gaming machines for new casino operators, set to enter into force early next year, along with minimum income levels for each Read More
As Macau slowly comes back from what has been its worst-ever Covid-19 outbreak yet, the city’s gaming industry is showing early signs of recovery. The latest data shows average daily gaming increased to MOP36 Read More
Macau’s Government is considering mandating the presentation of a nucleic acid test (NAT) result to enter commercial establishments in the future, according to Leong Iek Hou, the head of the Communicable Disease Prevention and Read More
For the first time in two years, the government shut down all its casinos on Monday, in an attempt to stop a spike in the number of new Covid-19 cases. According to analysts, casinos have Read More
The government of Macau has imposed stricter measures due to a surge of COVID cases in the world’s largest gaming hub. According to the latest local reports, officials have allegedly requested casino operators —the Read More