Location: Macau
Analyst: Typhoon dampens Sands
Weather reports were adverse for Las Vegas Sands today, as J.P. Morgan analyst Joseph Greff reduced his price target on the stock, citing... more
Analyst: Macau mass market “healthy”
While the decline of Macau’s high-roller customers, customarily referred to as VIPs, has been the subject of considerable media coverage,... more
Despite Beijing’s crackdown, junket agents return to lure VIPs to Macao’s casinos
In the wake of Macao’s crackdown on casino junkets and the subsequent COVID-related travel restrictions, casinos are now... more
MGM CEO: Las Vegas properties well positioned in “golden triangle of sports”
MGM Resorts CEO and President Bill Hornbuckle said the company’s Las Vegas casino-resorts are in the garden spot to benefit from events... more
Macau’s gaming-related crime up by 113% in H1 but significant lower than pre-COVID
Macau recorded 422 cases of gaming-related crime in the first half of 2023, an increase of 224 cases or 113% compared to the same period in... more
Macau GGR climbs 3.3% month-on-month to new post-COVID high of MOP$17.2 billion in August
The Macau gaming industry continued its impressive resurgence in August, with gross gaming revenues climbing to MOP$17.21 billion (US$2.12... more
Sands performing arts program concludes 2023 season
The Sands Performing Arts Program 2023 brought 10 top-notch national and international performances to Macau from May to August, attracting... more
MGM China to remodel its Macau integrated resorts to add more MICE and arts space
MGM China Co-Chairperson and Executive Director Pansy Ho has revealed the company will develop new MICE and art space at its Macau resorts,... more
Gaming and tourism recovery drives Macau GDP to 118% year-on-year increase in Q2
Macau’s Gross Domestic Product (GDP) grew by 117.5% year-on-year in real terms in the second quarter of 2023, with the gaming and tourism... more
MGTO: International tourist arrivals on the rise as Macau hotel occupancy rate climbs above 90%
Macau’s tourism recovery is showing no sign of slowing down with preliminary figures revealing the city’s hotel occupancy rate reached... more
