Macau police hunt for HK$48 million in gambling chips after casino robbery

Macau police authorities are tracking down almost HK$48 million worth of cash chips stolen from Wynn casino earlier this week, following the arrest of a debt-ridden croupier and his elderly relative in connection with the crime.

19 Jan, 2018

Police probe HK$ 47 million chip theft by dealer

The Judiciary Police (PJ) confirmed Wednesday that they are investigating a case in which a dealer working in a casino in Nape allegedly stole chips worth over HK$47 million.

18 Jan, 2018

Lawmakers submit draft resolution to counter suspended peer’s court appeal

Indirectly-elected lawmakers Kou Hoi In and Vong Hin Fai yesterday called for an urgent plenary session to debate and vote on a draft resolution on whether the suspension of a lawmaker by his or her peers is a “political act”, according to the website of the Legislative Assembly (AL).

12 Jan, 2018

Casino staff petition govt over Wynn ‘tolerating’ illegal smoking

Several Wynn Macau casino workers, accompanied by lawmakers-cum-unionists Ella Lei Cheng I and Leong Sun Iok as well as members of the Macau Gaming Enterprises Staff Association (MGESA), Thursday petitioned Chief Executive Chui Sai On, urging the government to ensure that gaming operators always strictly obey the anti-smoking law and, consequently, always ensure that gamblers do not smoke in no-smoking areas on their premises.

12 Jan, 2018

Angela Leong says she can take all greyhounds

SJM Managing Director and Chief Administrative Officer Angela Leong said Tuesday that if any of the owners of greyhounds at the local racetrack didn’t want their dogs when it closes for good in July, she could take all of them.

3 Jan, 2018

Macau gaming revenue grew to US$ 33 billion in 2017

Macau’s casino gaming revenue in 2017 grew by 19.1 percent to MOP265.74 billion (US$33.02 billion), according to the Gaming Inspection and Coordination Bureau ( DICJ).

1 Jan, 2018

HSBC says 2017 Macau revenues could reach 35.8 billion dollars

Macau’s gross gaming revenue (GGR) in December could reach MOP23.5 billion (US$2.93 billion), rounding out the year for a take of about MOP286.5 billion(US$35.8 billion), according to a report by Hong Kong Shanghai Banking Corporation (HSBC).

20 Dec, 2017

Gross gaming receipts rose 22.6 percent in November

Macau’s casino revenue in November grew at the fastest pace in four months, according to data released by the Gaming Inspection and Coordination Bureau (DICJ) on Friday.

4 Dec, 2017

Premature’ revealing of gaming concession bidding process would have ‘adverse impact’: Leong

Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature’s hemicycle Thursday that if the government revealed “prematurely” the details of its upcoming gaming concession bidding process in the run-up to the expiration of the city’s three gaming concessions and three sub-concessions, it would “adversely impact” the “healthy” development of Macau’s gaming industry in the future.

24 Nov, 2017

The 13 delay

THE 13 Hotel delays opening to March 2018

The company “will have sufficient working capital to finance its operations and to meet its financial obligations for at least the next 12 months from the date of the approval of these condensed consolidated financial statements”.

23 Nov, 2017

Venetian Macau logs 280 million visits in 10 years

The Venetian in Cotai has recorded 280 million visitations since the integrated resort opened in Cotai 10 years ago, Sands China President-cum-Chief Operating Officer Wilfred Wong Ying-wai said on Monday.

21 Nov, 2017

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