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China
Macau Gaming Operators Sustain Strong Performance in January Amidst Economic Headwinds
Macau's gaming industry has demonstrated robust momentum in the first two weeks of January, maintaining a daily gross gaming revenue (GGR) estimated at MOP$614...
Macau Horse Racing Industry Faces Termination: A Comprehensive Analysis
The Macau Horse Racing Company has recently inked a pivotal agreement with the Macau Government to terminate the longstanding "Concession Contract for the Exclusion...
Unraveling Macau’s Surge in Suspicious Transaction Reports: A Comprehensive Analysis of 2023 Data
In 2023, Macau experienced a staggering 192% year-on-year surge in Suspicious Transaction Reports (STRs) issued by its gaming operators, reaching a total of 3,431...
Macau Tourist Price Index (TPI) Analysis for 2023: Soaring Rates and Contributing Factors
The year 2023 witnessed a significant surge in Macau's Tourist Price Index (TPI), reaching 141.77 with a staggering year-on-year increase of 21.53%. This surge...
Macau Jockey Club’s Concession Termination: A Comprehensive Analysis
The Macau Jockey Club (MJC) recently disclosed its staggering losses amounting to MOP$2.5 billion (US$310 million) before entering into an agreement with the Macau...
MGM Announces Significant Salary Increase and Expresses Gratitude to Dedicated Team
MGM, a prominent player in the entertainment and hospitality industry, has recently declared a salary increment for eligible employees, effective from March 25, 2024....
Galaxy Entertainment Group Announces Salary Increase for Majority of Staff
Makao merkezli Galaxy Entertainment Group (GEG), geçtiğimiz günlerde 1 Nisan 2024'ten itibaren geçerli olmak üzere işgücünün yaklaşık %98'i için maaş zammı ilan etti. Bu...
Thriving Trends in Macau’s Premium Mass Gaming Scene
The recently inaugurated Qilong Club at Melco Resorts' Studio City Phase 2 development is making waves in Macau's gaming landscape, emerging as one of...
Macau Jockey Club Concession Termination: A Comprehensive Analysis
The Macau government has recently announced its decision to terminate the concession contract with the Macau Jockey Club (MJC) effective from April 1, 2024....
Macau’s 4Q23 Casino Earnings Preview: Analysing Market Dynamics and Operator Performance
Macau's gaming industry is poised for a 6% quarter-on-quarter growth in EBITDA, reaching an estimated $1.95 billion by the end of December 2023, according...