Gaming

Galaxy casino operator third quarter revenue up 23%

Galaxy Entertainment Group reported its unaudited financial results for the three-month-period ending September 30 on Thursday.

10 Nov, 2017

MGM China in Macau revenue grows 5% in Q3

MGM China revenue grows 5% in Q3

MGM China said in a statement on Wednesday that its total revenue rose 5 percent to HK$3.68 billion in the third quarter from the previous quarter.

9 Nov, 2017

Melco Resorts reported a 87 pct increase for the 3Q

Casino operator Melco Resorts and Entertainment Ltd on reported on Thursday a 86.9 percent year-on-year increase in profit for the third quarter of 2017.

3 Nov, 2017

Macau casino revenues the highest in three years

Macau’s casino gaming receipts rose 22.1 percent to 26.63 billion patacas (US3.31 billion) in October, according to data released by Macau’s Gaming Inspection and Coordination Bureau on Wednesday.

2 Nov, 2017

Wynn Macau posts a 21.3 percent growth in third quarter

Macau casino operator Wynn Macau Ltd reported a US$183.2 million for the third quarter of 2017, a 21.3-percent increase from US$151.0 million for the same period of 2016.

2 Nov, 2017

SJM 2017 Q3 results

SJM Q3 results increase 0.6% compared to 2016

Macau gaming operator Sociedade de Jogos de Macau (SJM) has announced its third quarter results for 2017. Gaming revenue for the group was HK$10,015 million, a 0.6 percent increase from the third quarter of 2016.

31 Oct, 2017

Sands China to invest in The Londoner Macao

Sands China to invest US$1.1 billion in The Londoner Macao and Four Seasons suites

Sands China will spend US$1.1 billion renovating its properties including turning the Sands Cotai Central into a London-themed resort over the next three years. Renovation works will begin in the second quarter of 2018. 

26 Oct, 2017

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