Local casino stocks retreated Monday after Typhoon Mangkhut forced a 33-hour shutdown of the world’s biggest gambling hub, a halt that’s estimated to cost the city’s six gaming operators as much as 1.5 billion patacas in revenue.
18 Sep, 2018
Total receipts of the 10 enterprises engaging in gaming activities increased by 18.7% year-on-year to MOP268.01 billion (US$ 33.5 billion), marking an end to the downward trend over three consecutive years since 2014, according to data released by the Statistics and Census Service (DSEC), today.
10 Sep, 2018
Macau’s gaming revenue climbed 17 percent in August from a year earlier to 26.6 billion patacas ($3.3 billion)
2 Sep, 2018
Casino resorts owner Galaxy Entertainment reported an interim net profit of HK$7.2 billion (US$917.2 million) , up 56 percent on-year, driven by strong mass and VIP business.
9 Aug, 2018
MGM China Holdings Limited said its H1 revenue rose 30 percent, helped by the February opening of its new Cotai resort.
3 Aug, 2018
Wynn Resorts CEO Matt Maddox says the company’s Macau subsidiary, Wynn Macau Limited, will present plans for its empty seven-acre parcel of land located alongside Wynn Palace in Cotai to the Macau government before the end of 2018.
3 Aug, 2018
THE 13 Hotel, which reportedly cost US$1.6 billion to build, in Seac Pai Van in Coloane is expected to open on or before August 31, South Shore Holdings Limited said in a statement Wednesday.
2 Aug, 2018
Macau casinos' gross gaming revenue increased by 10 percent year-on-year for July.
1 Aug, 2018
Hong Kong-listed Macau gaming operator SJM Holdings Limited said in a statement Tuesday that its first-half net profit rose 56.8 percent year on year to HK$1.49 billion (US$ 186 million)
1 Aug, 2018
Sands China saw its net revenue soar 18% to US$2.11 billion in the three months to 30 June 2018, bolstered by a strong performance at the Venetian Macao and growth across all Macau properties.
26 Jul, 2018
The Macau (Yat Yuen) Canidrome Co. Ltd. has abandoned 533 greyhounds at the Canidrome on Friday night after the government refused their proposal to keep the Canidrome operational in order to keep the animals.
21 Jul, 2018
The Civic and Municipal Affairs Bureau said in a statement that it “condemns” the Macau (Yat Yuen) Canidrome Co. Ltd. for “shirking” its responsibility to house its greyhounds after it had received a letter from the company proposing the “reversion” of the dogs to the government after the official closure of the racetrack .
20 Jul, 2018
The government announced Wednesday that it has contingency plans for the greyhounds from the Macau (Yat Yuen) Canidrome Co. Ltd. in the case that the dogs are left behind at the racetrack in Fai Chi Kei after its official closure Friday night.
19 Jul, 2018
Macau’s gross gaming and betting revenue for the second quarter fell 3.5 percent from the previous quarter to 74.04 billion patacas, the Gaming Inspection and Coordination Bureau (DICJ) announced Monday.
17 Jul, 2018
Wan Kuok-koi plans to issue one billion tokens of HB cryptocurrency, some of which will be used as prize fund in chess and poker tournament in Hainan according to the Sunday issue of the Hong Kong newspaper South China Morning Post (SCMP).
16 Jul, 2018
The operator of the city’s greyhound racetrack – Macau (Yat Yuen) Canidrome Co. Ltd. – has applied to use the kennels at the Fai Chi Kei property for an additional 120 days for the company to be able to complete the relocation of the dogs
12 Jul, 2018
The Civic and Municipal Affairs Bureau (IACM) announced in a statement Tuesday that it has reached an agreement with Hong Kong’s Agriculture, Fisheries and Conservation Department (AFCD) for Hong Kong people to go through easier quarantine procedures than normal for the adoption of greyhounds from the Macau (Yat Yuen) Canidrome Co. Ltd.
11 Jul, 2018
Casino gaming revenue in Macau rose nearly 13 percent in June to MOP 22.49 billion (US$ 2.81 billion) according to the Gaming Inspection and Co-ordination Bureau (DICJ) today.
1 Jul, 2018
The Judiciary Police (PJ) have arrested 113 men and women in a single loan-sharking case involving at least HK$70 million, making it the biggest crime ever in Macau in terms of the number of suspects.
29 Jun, 2018
Galaxy employees are “secretly” being monitored and manipulated online under a deal struck between the company and a Hong Kong-based digital marketing firm YouFind.
22 Jun, 2018