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Wynn Macau Ltd Extends $1.5 Billion Loan Maturity to September 2028

Wynn Macau Ltd recently announced a significant financial maneuver, extending the maturity date of a $1.5 billion loan facility from September 2025 to September...

China’s Lottery Sales Surge to RMB 363.1 Billion in Early 2024: A 12.5% Increase Driven by Euro 2024

In the first seven months of 2024, China's lottery sector has experienced remarkable growth, with total sales reaching RMB 363.1 billion. This marks a...

Melco Resorts Focuses on Debt Reduction and Local Developments Amidst Overseas Investment Pause

In a recent interview, Lawrence Ho, the Chairman and CEO of Melco Resorts, articulated the company's strategic decision to pause overseas investments in new...

Traffic Concerns and Business Impact: The Debate Over Macau’s Pedestrian Zone at Rua de Ferrocarriles

On Friday, a member of Macau’s Legislative Assembly, Ron Lam U Tou, held a press conference to address the ongoing trial of the pedestrian...

Galaxy Entertainment Group’s Stellar Wins: Illuminating Success at the IAG Academy IR Awards

Galaxy Entertainment Group (GEG) continues to solidify its reputation as a leading force in the integrated resort (IR) industry. Celebrating its many triumphs at...

Gambling Debts, Corruption, and Bribery: Inside the Financial Scandals of Sheen Ching-Jing and Alvin Chau

A recent investigation into Sheen Ching-Jing, the Chairman of Core Pacific Group, has uncovered a tangled web of gambling debts, legal battles, and corruption...

MGM China to Host the 14th Oktoberfest Macau: A Bavarian Celebration with Over 180,000 Guests in Past Editions

Macau's annual Oktoberfest returns in 2024 with a 12-day Bavarian experience at MGM COTAI, welcoming both residents and international visitors. The festival celebrates the...

Expanding Horizons: Macau International Airport’s Reclamation Project to Boost Passenger Capacity by 50%

The Macau International Airport is set to undergo a significant expansion that aims to enhance its annual passenger capacity from the current levels to...

Citigroup Adjusts Macau Gaming Revenue Forecast: September Estimates Reflect Declining Trends

Citigroup has revised its projections for Macau's gross gaming revenues (GGR) for September, lowering its estimate from MOP$18.25 billion to MOP$17.75 billion. This adjustment,...

Record-Breaking Traffic: Macau Hits 150 Million Departures and Arrivals in 2024

Macau has seen an unprecedented surge in travel activity this year, with the Public Security Police Force (PSP) announcing that the total number of...

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