Location: Macau
Macau skeptic turns optimistic
“We see Macau stocks as excellent plays on China reopening,” wrote J.P. Morgan analyst Joseph Greff in a Thursday investor note. The... more
Junket Law passed by the Macau Legislative Assembly
The Macau Legislative Assembly has unanimously passed the “Legal Framework for Operating Games of Chance in Casinos”, the law which... more
Macau’s six concessionaires to sign new 10-year concession contracts this Friday
The Macau SAR Government will sign new 10-year gaming contracts with the city’s six concessionaires this Friday, the culmination of a... more
Analysing Macau’s lower “tax” rate for foreign play: how much are we talking here?
We here at IAG are always a little bit “on alert” on Friday afternoons and public holiday eves, because if the Macau government is going to... more
Number of surviving satellite casinos to be announced after the signing of new Macau concession contracts
Macau’s Secretary for Economy and Finance, Lei Wai Nong, told the Legislative Assembly on Monday that the final gaming contracts signed... more
JP Morgan: New-look Macau could see 50% increase in mass gaming table capacity, aiding full market recovery by 2024
Macau’s industry EBITDA will return to 95% of pre-COVID levels by 2024, aided by the expansion of the high-margin mass market and up to 50%... more
Verdict in Alvin Chau trial to be delivered on 18 January
Macau’s Court of First Instance announced Thursday that it would deliver its verdict in the trial of former Suncity Group CEO Alvin Chau on... more
Macau 2022 GGR running under a third of government estimate
Sometimes I’m criticized for being verbose, so I’ll keep this analysis succinct. The Macau government’s estimate for Macau GGR for the 2022... more
Macau GGR falls to US$374 million in November, down 55.6% year-on-year
Macau’s casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November – down 55.6% year-on-year and 23.1% lower... more
Genting Malaysia investors likely relieved at Macau concession loss, says Nomura
Investors in Genting Malaysia will “likely feel relieved” after the company failed to win a provisional 10-year casino concession in Macau,... more
