Location: Asia
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
Macau gaming stocks jump on concession renewal, US operators notch largest gains
The Hong Kong-listed entities of Macau’s six casino concessionaires all saw their share prices notch gains on Monday, with the three... more
Malaysia’s Genting loses bet on Macao gaming license
Malaysian tourism and gaming conglomerate Genting Group has lost its bid to win a Macao gaming license, ending months of speculation over a... more
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
BEIJING (AP) – Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese... more
No sign of eVisa boost as Morgan Stanley revises down Macau estimates for 2023 and 2024
Mainland China resumed the issuance of eVisas to Macau from 1 November, but three weeks in there is no sign of any increase in visitor... more

