After Macau lawmakers approved the new gaming law Tuesday allowing six licenses for 10-year periods, brokerage JP Morgan said in a note…
Browsing: Macau
Macau has extended its COVID-19 lockdown as of Thursday. However, casinos have been allowed to remain open, according to a…
Macau began its second day of mass COVID-19 testing on Monday after dozens of locally transmitted cases were discovered over…
Galaxy Entertainment Group (GEG) announced the closure of two of its satellite casinos in Macau —Rio Casino and President Casino—…
Six to eight satellite casinos operating in Macau could close by June, according to comments Kwok Chi Chung, the President…
At the Macau Legislative Assembly plenary session on Monday, the Secretary for Economy and Finance, Lei Wai Nong, said that…
Macau is considering the introduction of a tax cut and revised conditions for “satellite casinos” as the city’s gaming industry…
Macau casino revenue has plunged to an 18-month low amid the ongoing impact of the pandemic on the gaming destination.…
Macau’s Legislative Assembly (AL) has passed the draft of a bill set to clarify roles and rules for junket entities,…
Gaming revenue in Macau fell to its lowest level in 18 months after plunging 56% in March, according to data…
Seven “satellite casinos” operating in Macau are allegedly slated to stop operating in the world’s largest gaming hub by mid-year.…
The Macau SAR government is exploring the possibility of increasing the transition grace period to be given to “satellite casinos”…
Macau gaming revenue is expected to drop by almost half in March amid the worsened mainland China pandemic situation, investment…
The Macau government has pledged to clarify the role of gambling promoters in the world’s largest gambling hub through legislation,…
Macau’s government is keen on assuming control over the total number of gaming tables and slot machines available at casinos…
New details about amendments to be introduced to Macau’s gaming law, currently in discussion at the SAR’s Legislative Assembly (AL),…