Gaming

Macau gaming receipts rise to US$2.7bn in September

Macau´s gross gaming receipts rose 16.1 percent to 21.4 billion patacas (US$2.7 billion) in September, according to data released by Macau’s Gaming Inspection and Coordination Bureau Sunday.

2 Oct, 2017

MGM Cotai delayed

MGM Cotai opening delayed to January 29

MGM China Holdings said in a statement that due to damage caused by Super Typhoon Hato the opening of its resort in Cotai would be “slightly delayed” to January 29.

1 Oct, 2017

Businessman Chan not interested ‘for now’ in casino concession

Businessman and outgoing lawmaker Chan Meng Kam said Wednesday that he was not interested “at the moment” in bidding for a gaming concession.

28 Sep, 2017

Banning off-duty gaming staff from Macau casinos consultation

Banning off-duty gaming staff from casinos consultation begins

The public consultation will end on October 26. Three public sessions will be held during the consultation period. In July last year, the bureau told reporters that it was studying the feasibility of a ban on gaming employees entering local casinos during their free time.

27 Sep, 2017

Arson attack to delay Grand Lisboa Palace opening

SJM Executive Director Angela Leong On Kei said that Saturday's suspected arson attack at the Grand Lisboa Palace construction site in Cotai was set to delay the opening of the integrated resort.

26 Sep, 2017

Grand Lisboa Palace fire

Police investigate 2nd Grand Lisboa Palace fire this year

The Judiciary Police said on Sunday they have launched an investigation into a suspicious fire at SJM's Grand Lisboa Palace, in Cotai, construction site on Saturday night.

25 Sep, 2017

Gaming regulator urges ‘more humane’ staff treatment

Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan said Tuesday his bureau had urged the city’s casino operators to ensure a “more humane” treatment of their employees.

20 Sep, 2017

Gambling in Macau brings in overall revenues of US$28.6 billion in 2016

The global revenues of the 10 gaming and gambling companies in Macau in 2016 totalled 229.00 billion patacas (US$28.6 billion), a contraction of 1.8% compared to the figure recorded in 2015, the region’s Statistics and Census Bureau (DSEC) said.

13 Sep, 2017

casino gaming revenue

Macau casinos with gross revenue of US$2.834 billion in August

Macau’s casinos took in gross revenue of 22.676 billion patacas (US$2.8345 billion) in August, up 20.4 percent year-on-year, the Gaming Inspection and Coordination Bureau announced this Friday.

1 Sep, 2017

Sands China Clean the World

Sands staff pack 35,000 hygiene kits for Philippines

About 300 Sands China employees and around 100 volunteers from local associations packed 35,000 hygiene kits that will be delivered to families in the Philippines

16 Aug, 2017

Government to study Jockey Club development plan

Secretary for Economy and Finance Lionel Leong Vai Tac said that the government has decided to extend the horse-racing concession of the Macau Jockey Club.

10 Aug, 2017

SJM gaming results

SJM profits fall 12.9 percent

Macau gaming operator Sociedade de Jogos de Macau (SJM) has announced its first half-year results for 2017, showing that the group’s revenue decreased by 2 percent when compared with the same period in 2016.

2 Aug, 2017

Macau casinos

Macau casinos revenues register in July 12 consecutive months of growth

Gross revenue from Macao casinos registered a year-on-year positive growth in July, up 12 consecutive months of monthly growth, to 22.96 million patacas (US$ 2870 million), according to official data from the Gaming Inspection and Coordination Bureau.

2 Aug, 2017

MGM gaming results

MGM grows 3 percent during the first half of 2017

During the first half of this year, MGM China recorded a total revenue of HKD7.4 billion, an increase of 3 percent year-on-year. Adjusted EBITDA was HKD2.2 billion, an increase of 11 percent from last year.

28 Jul, 2017

Macau Roosevelt hotel opens with 30 gaming tables

Macau Roosevelt hotel opened on Wednesday with a casino in the name of the Macau Jockey Club with 30 gaming tables and 90 slot machines, as well as VIP rooms.

27 Jul, 2017

Sands gaming results

Las Vegas Sands posts 62 percent jump in 2Q profit on Macau and Singapore

Casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 percent in net income in the second quarter of 2017 to US$638 million. The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm announced on Wednesday.

27 Jul, 2017

Wynn resorts’ profit falls short despite rebound in Macau

Wynn Resorts Ltd.’s new Macau resort came up short last quarter, failing to fully capitalize on the recovery in the world’s biggest casino market as construction nearby kept some guests away.

27 Jul, 2017

VIP room

Police bust bogus VIP room, nab 19 suspects

The police busted a fake VIP gaming room in a hotel suite in Nape on Wednesday and arrested 19 gang members from the mainland.

21 Jul, 2017

Macau Jockey Club

Jockey Club reports 4 billion patacas in accumulated losses

The Macau Jockey Club in Taipa reported accumulated losses of 4.07 billion patacas, assets of 240 million patacas and liabilities of 1.3 billion patacas at the end of last year.

20 Jul, 2017

Gaming Crime

Casino revenue drop pushes up gaming crime

Judiciary Police Director, Chau Wai Kuong, said that the recent rise in gaming-related loan-sharking cases and gaming-related false imprisonment cases was partially due to the drop in gaming revenues over the last few years.

13 Jul, 2017