Location: Macau
Melco parent raises US$98 million through rights issue, shareholding of Lawrence Ho slightly lower
Melco International Development Limited, the Hong Kong-listed parent company of Macau concessionaire Melco Resorts, confirmed earlier this... more
Macau revenue accelerates, Jefferies analyst says
Gambling revenue in Macau could accelerate as much as 14 percent this month, according to Jefferies Equity Research analyst Anne Ling. She... more
Citi: Macau to deliver 6% year-on-year growth for remainder of 2025 as recent GGR strength shows inflection point has arrived
Two consecutive months of higher gaming revenues than anticipated and a strong start to June likely indicate that Macau is reaching a... more
Macau concessionaires reported for the first time in 2024 cases of employee bribery to Commission Against Corruption
A report by Macau’s Commission Against Corruption (CCAC) has revealed that some concessionaires for the first time in 2024 took the... more
Macau’s satellite casinos respond to news of impending closure
The operators of Macau’s satellite casinos have responded to the news that they will be shuttered by year’s end, with some outlining plans... more
JP Morgan: Headline concert, Dragon Boat festival drive healthy Macau GGR momentum through first eight days of June
Macau’s gross gaming revenue is estimated to have reached MOP$5.2 billion (US$643 million) or MOP$650 million (US$80.4 million) per day... more
Chief Gaming Officer Damian Quayle to depart SJM, take up role as COO of Manila’s Solaire Resort North
Macau’s SJM Resorts has announced the impending departure of its Chief Gaming Officer, Damian Quayle, who has resigned from the role.... more
Despite underperformance, analyst “cautiously optimistic” for gaming
Calling 2024 an “underperformance” year for the casino industry, Macquarie Equity Research analyst Chad Beynon said he was “cautiously... more
Macau government lowers 2025 GGR forecast to US$28 billion
The Macao SAR Government announced Tuesday that it has lowered its gross gaming revenue estimate for 2025 to MOP$228 billion (US$28.2... more
Macau GGR sets new post-COVID high of US$2.62 billion in May
Macau’s casinos recorded gross gaming revenue of MOP$21.19 billion (US$2.62 billion) in May, making it the biggest month of 2025 so far but... more
