MGM China revenues fall 95% in Q2

MGM China's net revenues fell 95 per cent year-on-year to US$33 million (MOP 261 million) in the second quarter of this year, the Hong Kong-listed US gaming operator said in a statement today. 

31 Jul, 2020

SJM posts HK$1.4 billion loss in H1 due to COVID-19

Macao gaming operator SJM Holdings reported on Tuesday a loss of HK$1.41 billion in the first half of the year, a year-on-year decline of 184.1%.

29 Jul, 2020

IPM presents findings of ‘gamblers’ fatigue’ study

The Centre for Gaming and Tourism Studies (CJT) of the Macao Polytechnic Institute (IPM) held a sharing session on “Gamblers’ Fatigue: The Evolving Trends of Gaming Behaviour among Gamblers” on its Taipa campus last week, presenting the latest research findings by a CJT research team headed by Prof Zeng Zhonglu, the public tertiary education institution said in a statement on Thursday.

27 Jul, 2020

25,000 casino workers tested for COVID-19, all negative

More than 25,000 casino workers have undergone COVID-19 tests, and all of them have been negative

24 Jul, 2020

Sands China Ltd reports 98.1% net loss for 2020 Q2 compared to 2019

Sands China Ltd. reported a net loss of US$549 million for the fiscal second quarter, according to an announcement made on the Hong Kong Stock Exchange.

23 Jul, 2020

Macao Liaison Office ‘appreciates’ Sands’ COVID-19 relief efforts

The Central People’s Government Liaison Office in Macao Administrative presented a certificate of appreciation to Sands China for its support of COVID-19 relief efforts

17 Jul, 2020

NAT proof for casino entry

The Macao government will toughen its COVID-19 prevention and control measures for local casinos from 00:00 tomorrow, coinciding with “the new entry and exit measures” between Guangdong and Macao.

14 Jul, 2020

Government lifts casino ban for Hubei residents

The Macao government lifts its casino entry ban on all those who have been in Hubei province within the past 14 days.

14 Jul, 2020

High-profile figures attend Stanley Ho funeral in Hong Kong

Dozens of government officials, politicians, celebrities and business tycoons bid their final farewell to the late Macao casino tycoon Stanley Ho Hung Sun today at the Hong Kong Funeral Home in North Point.

10 Jul, 2020

Stanley Ho funeral procession to take place today

The Stanley Ho Hung Sun funeral procession will take place today at the Hong Kong Funeral Home.

10 Jul, 2020

Macao casinos’ GGR for June drops by 97%

Macao casino's Gross Gaming Revenue (GGR) for June dropped 97% year-on-year.

1 Jul, 2020

Sands says it’s reducing staff, Londoner hotel and casino ready in September

Sands China President said that the US gaming operators has been reducing its number of employees by not renewing the employment contracts of some of them when they expire.

30 Jun, 2020

Angela Leong clarifies son’s situation

SJM executive-cum-lawmaker Angela Leong On Kei clarified the situation of one of her five children in a Chinese-language statement published in Macao on Sunday.

29 Jun, 2020

Stanley Ho memorial & funeral to be held in Hong Kong on July 9–10

The funeral of Macao gaming magnate Stanley Ho Hung Sun will be held in Hong Kong on July 10.

28 Jun, 2020

Wilfred Wong to lead Sands China until 2024

The President of Sands China, Wilfred Wong, will remain in his position until February 20, 2024, a year more than the term initially approved by the gaming operator’s board.

23 Jun, 2020

Wynn announces US$743 million net proceeds from senior notes

Wynn Macau announced on Sunday that the net proceeds from the offering of its 5.500 per cent senior notes due 2026 will be approximately US$743.1 million (MOP 5.93 billion) after deducting the discounts and commissions of the initial purchasers and estimated expenses payable by the company.

15 Jun, 2020

New gaming inspection chief sworn in

Adriano Marques Ho was sworn in on Wednesday as the new director of the Gaming Inspection and Coordination Bureau (DICJ). 

11 Jun, 2020

Louis Ng ends role as COO of SJM

Louis Ng Chi Sing is no longer the chief operating officer (COO) of gaming operator SJM S.A.

10 Jun, 2020

MGM holds seminar on ‘Spirit of Two Sessions’

MGM held a one-day seminar on Monday for its staff members on the "Spirit of the Two Sessions”, the American gaming operator said in a statement.

9 Jun, 2020

Gaming tax receipts fall 56% in Jan–May

The government's income from gross gaming revenue taxes fell 56.5% year-on-year to MOP 21.0 billion (US$2.6 billion).

8 Jun, 2020