Location: Macau
Former Okada Manila chief Byron Yip joins Sands China as Executive Vice President – Strategy
Byron Yip, the former President and COO of Philippines integrated resort Okada Manila, will join Macau concessionaire Sands China Ltd (SCL)... more
Macau court dismisses LT Game patent claims against Light & Wonder subsidiaries as infamous 13-year legal dispute comes to an end
One of the Asian gaming industry’s most infamous legal disputes has reached a major determination in its principal proceedings after... more
MGM Resorts names long-term executive Steve Zanella as President and COO of Japan integrated resort MGM Osaka
MGM Resorts has named Steve Zanella, one of the company’s long-time Las Vegas executives, as its new President and COO of Japan Operations... more
Government figures indicate Macau’s gaming industry recorded US$17.9 billion surplus in 2024
Macau’s gaming industry recorded a surplus of MOP$143.1 billion (US$17.9 billion) in 2024, representing a 24.7% year-on-year increase... more
Macau gaming tax climbs to new post-pandemic high of US$1.04 billion in August
According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in August was... more
MGM China to pay up to US$26 million to Shun Tak in 2025 for use of Macau hotel rooms
MGM China Ltd has revised upwards the maximum fee the group may be required to pay to Hong Kong-listed Shun Tak Holdings Ltd in 2025 for... more
MGM touting diversification opportunities beyond Las Vegas Strip
MGM Resorts International CEO Bill Hornbuckle addressed the company’s international opportunities in Japan, Dubai, and Brazil, in addition... more
Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248... more
MGM CEO fights back against ‘Vegas is dead’
MGM Resorts International CEO Bill Hornbuckle Thursday countered the criticism on social media that Las Vegas visitors are getting gouged.... more
Moody’s: Melco to significantly reduce leverage through end-2026 on solid revenue growth, profitability
Macau’s Melco Resorts & Entertainment is expected to reduce its operating leverage, calculated as Adjusted DEBT/EBITDA, from around... more
