Location: Macau
Outbreak fears as five new COVID-19 cases confirmed in Zhuhai after Golden Week
The Zhuhai government reported that five confirmed cases of COVID-19 were detected on Sunday 9 October, marking the city’s first potential... more
Analyst outlook on Macau is ‘murky’ following September revenue decline
Travel restrictions from Mainland China and zero-COVID policy measures have sent Macau gaming revenue totals tumbling more than 53 percent... more
Holiday with September gaming uptick show promise for Macao
Macao casinos had their best month since May in September and operators are optimistic that this year’s Golden Week national holiday, which... more
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
