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Macau

Macau Sees a Significant Decline in Licensed Junkets: Regulatory Changes and Industry Shifts

The landscape of licensed junkets in Macau has undergone a substantial transformation, with the number slashed to just 18, marking a 50% reduction from...

Macau’s Spectacular New Year’s Tourism Surge: A Detailed Analysis of Record-breaking Arrivals

Macau experienced an unprecedented surge in tourism during the recent New Year's holiday, with a total of 399,100 visitors arriving in the Special Administrative...

Macau Casinos Break Records: Q4 2023 Mass Market GGR Soars to 105% of 2019 Levels

Macau's casino industry achieved a remarkable milestone in the fourth quarter of 2023, with mass market gross gaming revenues (GGR) hitting an all-time high,...

Macau Tourism Resurgence: A Comprehensive Analysis of 2023 Visitor Trends

In 2023, Macau experienced a notable recovery in its tourism sector, with a total of 28.23 million visitors throughout the year, marking a significant...

Macau’s Hotel Industry Soars: A Comprehensive Overview of November 2023 Tourism Statistics

In November 2023, Macau's hotel industry showcased remarkable resilience and growth, with a hotel occupancy rate reaching 82.3%. This marked a substantial 43.7 percentage...

Galaxy Entertainment Group Awards HK$622.6 Million in Share Options and Awards to Drive Long-Term Financial Success

Galaxy Entertainment Group (GEG), a prominent Macau concessionaire, has granted a substantial HK$622.6 million (US$79.7 million) worth of share options and share awards to...

Macau Achieves Extraordinary Gaming Revenue Surge in 2023, Triggering Substantial Non-Gaming Investment Boost

Macau has witnessed a remarkable resurgence in its gaming industry, reporting a staggering gross gaming revenue (GGR) of MOP$183.1 billion (US$22.7 billion) in 2023....

Uncertainty Surrounds THE 13 Macau Hotel as License Expires Amid Financial Turmoil

The future of Macau's THE 13 hotel faces increased uncertainty as its hotel license expired on New Year's Eve, according to information from the...

Galaxy Entertainment Group Unveils Ambitious Expansion Plans with Boutique Hotel and High-Tech Theme Park

Galaxy Entertainment Group (GEG) Vice Chairman, Francis Lui, announced groundbreaking developments during the official opening of Galaxy Macau Phase 3. This phase includes the...

Galaxy Entertainment Group Unveils Grand Opening of Galaxy Macau Phase 3, Showcasing Cutting-Edge Facilities

Galaxy Entertainment Group (GEG) celebrated the grand opening of Galaxy Macau Phase 3, a milestone development that introduced a range of new facilities, including...

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