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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...

Macau Court Reduces Levo Chan’s Prison Sentence and Alters Compensation Structure in Landmark Trial

In a recent development, Macau's Court of Second Instance has revised the legal landscape for former Tak Chun Group chairman Levo Chan and four...

SJM Resorts, S.A. Empowers Workforce with Special Bonus Amidst New Era of Growth

SJM Resorts, S.A. recently unveiled plans to distribute a Special Discretionary Bonus equivalent to one month's salary to nearly 98% of its eligible employees...

Unveiling the Suncity Group Scandal: A Deep Dive into the $42 Billion Online Gambling Case

China Central Television (CCTV) recently unveiled shocking details of a high-profile case involving the Suncity Group, shedding light on a scandal involving alleged online...

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