Location: Macau
Analyst predicts March recovery of consumer demand
Following a difficult February, Macquarie Securities analyst Chad Beynon reported, “It appears that consumer behaviors in March returned... more
China’s new economic policy plan seen driving Macau base mass recovery
Macau’s lagging base mass segment should receive a welcome boost in the coming months on the back of a newly announced China policy plan... more
Analysts: Macau pivoting toward high-end business
Casinos in Macau are reorienting toward premium-mass customers. So reported various Jefferies Equity Research analysts after a fact-finding... more
Macau Chief Executive fears government revenue may miss forecasts after gaming industry’s slow start to 2025
Macau Chief Executive Sam Hou Fai has stated that he expects this year’s fiscal revenue to be less optimistic than previously expected... more
Top casino scams of the year unveiled at World Game Protection Conference
Attendees at the World Game Protection Conference in Las Vegas ranked the baccarat cut card as the No. 1 Scam of the Year casinos faced in... more
MGM Resorts CEO cites digital as top focus in 2025
MGM Resorts International CEO Bill Hornbuckle told investors Thursday that the company’s biggest focus in 2025 is on its digital presence... more
Macau GGR tracking as expected at US$80 million per day in early March
Macau’s gross gaming revenue is estimated to have reached MOP$5.75 billion (US$718 million) or MOP$638 million (US$79.7 million) per day... more
Goldstein to step down as Las Vegas Sands CEO and chairman; President and COO Patrick Dumont to take reins
Robert Goldstein, Las Vegas Sands’s chairman, chief operating officer and long-time senior executive, will transition to the role of... more
Macau’s government collected US$11 billion in gaming tax in 2024
The Macau government collected gaming tax revenue of MOP$88.1 billion (US$11.0 billion) in 2024, representing a 35.0% increase over the... more
Deutsche Bank: Macau operator margins narrowed in 4Q24
Macau’s gaming operators saw margins squeezed in the three months to 31 December 2024, with industry-wide margins of 27.2% down from... more
