Location: Macau
Macau September GGR was MOP$2.96 billion, down 49.6% year-on-year
Macau’s September 2022 GGR was MOP$2.96 billion (US$370 million), down 49.6% compared to the same month last year, according to figures... more
New Macau policy cheers Wall Street
Stocks of four publicly traded Macau casino concessionaires trended sharply upward on the Dow Jones and Nasdaq this morning upon news that... more
Macau says mainland China tour groups set to resume in November
Macau plans to welcome back tour groups from mainland China as soon as November, giving a boost to its tourism-dependent economy, which has... more
Macau government completes tender opening process; all seven companies tender documents confirmed valid
As previously reported by IAG, seven companies submitted bids on Wednesday 14 September for Macau’s casino gaming concessions tender... more
American casino giants face wild-card rival as Macau opens license bids
Casino operators in Macau have seen their fortunes slip as China’s “zero-Covid” policy cut the city off from many... more
Wynn booming in Vegas, bottomed out in Macau
So upbeat is Credit Suisse analyst Ben Chaiken on Wynn Resorts that he sent his price target into the stratosphere, predicting the... more
Casino suppliers quit Macau for resurgent Singapore, Philippines
Suppliers of slot machines, baccarat table systems and other casino equipment are moving out of Macau to more welcoming markets, evidence... more
Macao’s dismal gaming revenue month gives way to new policy, hope
Macao’s government on Thursday announced it will reopen its borders to visitors from 41 countries on the same day the Chinese... more
Macau GGR down 50.7% year-on-year to MOP$2.19 billion in August, up on July
The easing of local COVID-19 restrictions and the dropping of mandatory hotel quarantine measures for those entering Zhuhai from Macau saw... more
G2E Asia: More rules, more taxes coming to Macau
At times echoing the official city line, four Global Gaming Expo Asia panelists said a post-COVID Macau will be a different place.... more
