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Macau

MGM Resorts Bounces Back After Cyberattack

MGM Resorts, the US casino giant, has confirmed that its hotels and casinos are back to normal operations following the cyberattack on September 10...

Macau Security Aims for Stronger Collaboration with Mainland China

Macau's Secretary for Security, Wong Sio Chak, expressed a desire for enhanced cooperation and intelligence exchanges with security counterparts in mainland China to combat...

Macau’s Premium Mass Segment Holds Strong Despite Weather Challenges

Amidst recent weather-related disruptions, Macau's premium-mass segment displayed remarkable resilience, with high-denomination cash bets holding steady. Citigroup's September snapshot survey of Macau gaming floors...

Revitalizing Macau’s Gaming Industry: Weathering Storms and Welcoming Golden Week

Amidst challenging weather conditions during the initial weeks of September, Macau's casino gross gaming revenue (GGR) saw a notable surge of at least 25.6...

Anticipating a Busy Golden Week: Macao Prepares for an Eight-Day Holiday

This year's Golden Week in China is set to be an extended eight-day holiday, a rare occurrence as the Mid-Autumn Festival and National Day...

JP Morgan Lowers Q3 Earnings Estimate for Las Vegas Sands’ Macau Operations Amid Typhoon Impact

JP Morgan Securities LLC has revised its estimate for the third-quarter property-level adjusted earnings before interest, taxation, depreciation, amortization, and rent (EBITDAR) for Las...

Macau Records Highest Monthly Gaming Tax Revenue Since Pandemic On the Back of Rising GGR

In a significant economic recovery milestone, the Macau government reported its highest monthly gaming tax revenue since the onset of the COVID-19 pandemic. In...

Macau Casino Concessionaires Expected to Reduce Debt to Pre-COVID Levels in Three Years

Macau's casino concessionaires are on track to reduce their combined net debt to pre-COVID levels within the next three years, with accelerated deleveraging anticipated...

Wynn Resorts Macau Launches Exclusive Lifestyle Brand, “Wynn Signature”

Wynn Resorts Macau has unveiled an exciting new lifestyle brand, "Wynn Signature," aimed at offering its guests exclusive and highly sought-after experiences. This brand...

Macau’s Visitor Arrivals Soar to 17.6 Million in First Eight Months of 2023

Macau, a renowned hub for tourism and gaming, has welcomed an impressive total of 17.6 million visitors during the first eight months of this...

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