Location: Asia
Macau’s MGM Cotai casino-resort locked down after dealer tests positive for covid
MGM Cotai – the Cotai integrated resort operated by MGM China – has just been locked down. Government health workers are currently on the... more
Macau hotel occupancy rate down 12.9 percentage points year-on-year through first nine months of 2022
Macau’s hotel occupancy rate plummeted to just 37.5% through the first nine months of 2022, a drop of 12.9 percentage points on the already... more
Sands China least likely to lose Macau concession renewal bid: Morgan Stanley
Sands China has lower risk of losing its Macau casino concession than its existing concession peers under the government’s re-tender... more
Analysis: Genting in Macau … Why? How? (Part 1 of 2)
At one minute to midnight — well ok, actually 14 minutes before the 5pm deadline on 14 September, but that doesn’t sound nearly as dramatic... more
Manila court calls for “full-blown trial” after denying Kazuo Okada motion to quash grave coercion charges
A motion filed by Japanese gaming mogul Kazuo Okada to quash charges of grace coercion against he and his representatives following their... more
CBRE lowers Macau 2023 EBITDA estimates on COVID-zero uncertainty
Continuing uncertainty around the timing of any potential easing of mainland China’s zero-COVID policy has seen CBRE Equity Research... more
Las Vegas Sands’ Singapore investment paying dividends
Las Vegas Sands’ CEO Rob Goldstein said Wednesday that a $1 billion investment underway at Marina Bay Sands in Singapore is paying... more
Macau gaming tax take climbs to US$113 million in September
The amount of tax revenue collected by the Macau SAR Government from the city’s six casino concessionaires reached MOP$915.8 million... more
Las Vegas Sands: Travel restrictions and reduced visitation continue to impact financial results
Las Vegas Sands Corp. said travel restrictions in Asia continued to impact its financial results during the third quarter, but they... more
Las Vegas luxury brands place hopes on resorts in the United Arab Emirates
Wynn Resorts Ltd., Caesars Entertainment Inc. and MGM Resorts International have taken their brands to the Middle East. And Wynn will have... more
