Location: Macau
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 and... 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 senior... 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 27.9%... more
Macau reports GGR of MOP$19.7 billion in February, up 6.8% year-on-year
Macau’s gross gaming revenues came in at MOP$19.7 billion (US$2.46 billion) in February, up 6.8% year-on-year despite a slightly... more
CreditSights: Macau’s GGR per visitor may struggle to return to pre-pandemic levels
Macau’s visitor numbers have been rapidly racing back to pre-pandemic levels in the two years since borders reopened, but according to... more
