Location: Macau
Non-gaming spend of Macau visitors fell 26% to US$2.25 billion in 2022
Macau’s total visitor spending in 2022 was MOP$18.17 billion (US$2.25 billion), 25.7% lower than in 2021. According to the Macau Statistics... more
Macau says gaming concessionaires must submit plans for sports events by next month
Macau’s Secretary for Social Affairs and Culture, Elsie Ao Ieong U, said Thursday that the city’s six concessionaires must submit their... more
Defense and prosecution both appeal verdict in Alvin Chau junket case
Former Suncity Group CEO Alvin Chau, who was sentenced to 18 years in prison by the Macau Court of First Instance last month, has appealed... more
Wynn Resorts set all-time record for entire Las Vegas Strip marketplace
Wynn Resorts’ CEO said Wynn Las Vegas likely set an all-time record for adjusted earnings on the Las Vegas Strip in 2022, and 2023 is off... more
Wynn Resorts reports record adjusted earnings for North American properties
Wynn Resorts set a record for adjusted earnings in both the fourth quarter and 2022 as a whole for its Las Vegas and Boston properties, as... more
MGTO claims less than 5% of visitors to Macau are gamblers
The Macau Government Tourist Office (MGTO) claimed Wednesday that less than 5% of visitors to Macau are there specifically to gamble,... more
JP Morgan: Macau GGR maintaining strength through early February
Macau’s post-COVID recovery has continued into early February, analysts say, with gross gaming revenue staying strong at an estimated... more
Macau GGR climbs to MOP$11.58 billion in January, highest in three years
Macau’s casinos recorded gross gaming revenue of MOP$11.58 billion (US$1.43 billion) in January, the highest monthly GGR figure since... more
JP Morgan: Macau’s mass gaming revenues may have reached 70% of pre-COVID levels during Chinese New Year
Macau’s mass market gaming revenues may have recovered to between 60% and 70% of pre-COVID levels during the Chinese New Year “Golden Week”... more
Macau hotel occupancy rate fell to just 38.4% in 2022 but MGTO says hopes high for year ahead
The average occupancy rate of Macau’s hotels throughout 2022 fell to just 38.4%, down 11.7 percentage points compared to 2021, according to... more
