TAG

China

STDM Ferry Terminal Deal in Macau

In recent developments concerning the Outer Harbour Ferry Terminal in Macau, the government has awarded Sociedade de Turismo e Diversões de Macau, S.A. (STDM)...

Restructuring MGM China’s Financial Strategy

In recent months, MGM China Holdings has shown a strong commitment to reducing its debt burden, with projections indicating a significant improvement in leverage...

Macau’s Economic Outlook and Gaming Sector Projections

Macau, renowned as Asia's premier gaming destination, is navigating a pivotal phase of economic diversification while maintaining its status as a global hub for...

Emperor Entertainment Hotel Ltd Fiscal Year 2024 Report

Emperor Entertainment Hotel Ltd, a prominent player in the hospitality and gaming sectors, has reported robust financial performance for the fiscal year ending March...

Macau Casino Operators’ Q2 2024 EBITDA Projections

In the second quarter of 2024, Macau's casino industry faces pivotal forecasts amidst shifting market dynamics. Investment bank Morgan Stanley has cautioned that consensus...

Overview of Macau Visitor Arrivals in May 2024

In May 2024, Macau experienced a significant resurgence in visitor arrivals, marking a notable recovery compared to both the previous year and pre-pandemic levels...

Announcement of Cua Fong Ying’s Appointment at Success Universe Group

Success Universe Group, the owner of Ponte 16 in Macau's Inner Harbour, has recently undergone a significant change in its leadership. On June 20,...

The Road to Recovery: China’s Outbound Tourism in APAC

In 2024, China's outbound tourism to the Asia-Pacific region is set to rebound significantly, albeit not without challenges. According to Fitch Ratings, the recovery...

MGM China’s Expansion Plans at MGM Cotai: Macau’s Wellness-Themed Integrated Resort

In recent reports, MGM China is contemplating a substantial expansion of its flagship integrated resort, MGM Cotai, located in Macau. This proposed development aims...

MGM China’s Proposed Notes Offering and Financial

MGM China has announced plans to issue US$500 million in senior unsecured notes due 2031. This move aims to reduce borrowings under its revolving...

Latest news