Location: Macau
Macau gaming revenue hits US$2.47 billion in August, up nearly 15% vs. 2023
Macau’s gaming operators recorded gross gaming revenues of MOP$19.8 billion (US$2.47 billion) in August, up 14.8% year-on-year and 6.2%... more
As Macau’s Chief Executive-Elect rallies against expansion of gaming, leaders say industry must be allowed to remain competitive
Government and industry leaders have told Inside Asian Gaming that Macau’s new Chief Executive and government appointees must consider... more
Judge declares Macau candidacy, no friend of casinos
Sam Hou Fai, chief justice of Macau, has resigned his post and announced his candidacy to become the next chief justice of the Chinese... more
Mass-market players flock back to Macau
Play by mass-market gamblers in Macau exceeded pre-pandemic volume during April through June of 2024. It is now at 118 percent of pre-COVID... more
Macau’s GDP up 15.7% year-on-year in first half of 2024
Macau’s gross domestic product (GDP) in the first half of 2024 was MOP204.3 billion (US$25.5 billion), representing real year-on-year... more
Seaport: Change of Chief Executive unlikely to have material impact on Macau gaming industry
The impending election of a new Chief Executive of Macau following the news that incumbent Ho Iat Seng will not run for a second term... more
Macau Chief Executive Ho Iat Seng announced he will not run for second term
Macau Chief Executive Ho Iat Seng has announced he will not run for a second term, revealing via a statement published by the Information... more
Expectations lower for gaming stocks the rest of 2024: analyst
J.P. Morgan issued a note to gaming investors Monday citing “decelerating trends as consumer spending and macro economy slow.” Those... more
Analyst: Promos dampen Macau outlook
Gambling revenue in Macau is heading into a gentle September decline prior to reviving for the Golden Week holidays. That’s the forecast... more
Lawrence Ho: Seasonality more than money exchange crackdown behind recent softness in Macau gaming market
Melco Resorts Chairman and CEO Lawrence Ho has played down the impact a recent crackdown by authorities on Macau’s illegal money exchange... more

