Macau's economy is expected to grow at an average real rate of 7.8% this year and 2018, boosted by the recovery in services exports, particularly those related to gambling, according to the latest Economist Intelligence Unit (EIU) report.
22 Jun, 2017
Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan said Thursday that enhancing security in the 39 city’s casinos was “an urgent matter”, even though there was a low risk of the city being attacked.
16 Jun, 2017
Crown Resorts Ltd. said its staff held in China have been charged with gambling-related offenses, the most significant development in the case since the employees were rounded up by mainland authorities in October.
14 Jun, 2017
Macau’s gross gaming revenue in May rose 23.7 percent year-on-year to MOP 22.74 billion, posting a 10-month winning streak and beating analysts’ forecasts.
2 Jun, 2017
Officials held a meeting with representatives of the city’s gaming operators and junket promoters briefing them on the Legislative Assembly Election Law which requires them to remain politically neutral in the upcoming legislative elections.
1 Jun, 2017
Secretary for Economy and Finance Lionel Leong Vai Tac said late last week that the government would not simply renew the city’s current gaming concessions and sub-concessions when they expire, but that it would instead launch a new bidding process.
22 May, 2017
The Judiciary Police arrested 11 men and women from the mainland on Tuesday for alleged membership of a loan-sharking gang which for six months had offered casino patrons gambling loans.
18 May, 2017
SJM Chief Executive Officer Ambrose So Shu Fai said on Monday that as Macau’s gaming revenue has been up for nine straight months, and if the momentum continues, there could even be double-digit growth in this year’s gaming revenue.
9 May, 2017
Casino operator Galaxy Entertainment Group (GEG) said on Thursday that its total revenue in the first quarter rose 5 percent year on year to HK$14.1 billion.
5 May, 2017
Gross revenue from Macau’s casinos grew 16.3 percent year on year in April to 20.162 billion patacas (US$2.52 billion), according to data released by the Macau Gaming Inspection and Coordination Bureau.
2 May, 2017
Sands China Ltd.'s (SCL) total net revenues increased 15.3 percent to US$ 1.88 billion in the first quarter of 2017, compared to US$ 1.63 billion in the first quarter of 2016.
27 Apr, 2017
Hong Kong-listed Gaming Operator SJM Holdings has announced that Rui Cunha, one of the longest-serving advisors to casino mogul Stanley Ho Hung Sun, will not seek re-election at its upcoming annual general meeting as one of the company’s executive directors.
26 Apr, 2017
Fitch Ratings projects 12% gaming revenue growth in Macau for 2017 with equal contributions from the mass market and VIP segments.
20 Apr, 2017
The Judiciary Police arrested seven mainlanders for their alleged involvement in an illegal WeChat gambling operation last week.
18 Apr, 2017
Sociedade de Jogos de Macau (SJM) announced the signing on Thursday of a HKD 25 billion syndicated loan facilities agreement with 19 leading financial instructions.
7 Apr, 2017
Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan said on Thursday that his bureau has not received an application for gaming tables from The 13.
7 Apr, 2017
Macau's gross gaming revenue in March grew 18.1 percent to MOP 21.2 billion (US$2.7 billion), according to the latest figures from the Gaming Inspection and Coordination Bureau.
3 Apr, 2017
Representatives of Macau’s six gaming operators said on Wednesday they believed the share of income from their non-gaming businesses in their total revenue will continue to rise.
23 Mar, 2017
The gaming industry’s number of full-time employees dipped by 0.8 percent year on year to 55,794 at the end of last year. The number of dealers (croupiers) dropped by 2.4 percent to 24,039, the Statistics and Census Bureau (DSEC) said in a statement on Tuesday. Gaming industry staff accounted for about 14 percent of the … Continue reading "Full-time employees in gaming industry down 0.8 percent"
8 Mar, 2017
Gaming revenue in Macau surged 17.8 percent in February, after a three year drop, according to Macau's Gaming Inspection and Coordination Bureau.
2 Mar, 2017