Location: Macau
Lunar New Year tourism hopes fizzle as Chinese stay home
BANGKOK (AP) – A hoped-for boom in Chinese tourism in Asia over next week’s Lunar New Year holidays looks set to be more of a... more
Former Suncity chief Alvin Chau sentenced to 18 years in Macau prison
The former CEO of Macau junket operator Suncity Group, Alvin Chau, has been sentenced to 18 years in prison by the Macau Court of First... more
Macau operators already profitable again, says JP Morgan
Macau’s six gaming concessionaires are already printing a profit again following the recent dumping of border restrictions, with mass... more
Macau’s air passenger destinations restored to 29, including six international cities
According to the Civil Aviation Authority of Macau (AACM), the number of air passenger destinations to and from Macau has been restored to... more
Chief Executive maintains Macau GGR forecast of MOP$130 billion for 2023
Macau Chief Executive Ho Iat Seng said Thursday that the government will maintain its 2023 gross gaming revenue forecast of MOP$130 billion... more
Top analyst boosts “continued upside” of Macau
J.P. Morgan gaming analyst Joseph Greff, in a wide-ranging presentation, stressed the “continued upside” for Macau, stressing the... more
JP Morgan revises Macau Q1 earnings estimates upwards on China border easing, resumption of Hong Kong ferry services
Investment bank JP Morgan has revised its earnings estimates for Macau’s gaming operators in 1Q23 upwards following the news last week that... more
Macau to drop all quarantine, isolation requirements for foreigners from Sunday
The Macau government has announced an official end to quarantine requirements for all nationalities entering Macau as of this Sunday 8... more
Las Vegas well positioned for 2023, Macau has chance to rebound: analyst
U.S. gaming, especially in Las Vegas, remains strong heading into 2023, while Macau offers the best chance that Wall Street estimates will... more
Macau gaming tax take climbs to US$194 million in November
The amount of tax revenue collected by the Macau SAR Government from the city’s six casino concessionaires reached MOP$1.56 billion (US$194... more
