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Macau
SJM Resorts Appoints Ben Toh Hup Hock as Chief Operating Officer
SJM Resorts, the Macau concessionaire, has announced a strategic leadership reshuffle with the appointment of Ben Toh Hup Hock as the Chief Operating Officer....
Las Vegas Sands Corp Plans Significant Investment to Boost Stake in Sands China Ltd
Las Vegas Sands Corp, a major player in the US casino industry, is poised to enhance its presence in Macau by increasing its stake...
Macau Gaming Stocks Struggle Despite Post-COVID Resurgence: A Deeper Look into Market Trends
Despite Macau's gaming industry witnessing a robust recovery in revenues and profits since reopening its borders in January, the stock prices of key concessionaires...
Transforming Macau Jockey Club: A Vision for a Vibrant Sports and Leisure Destination
Macau Legislative Assembly (AL) member Leong Sun Iok has proposed a visionary plan to revitalize the Macau Jockey Club (MJC) by transforming it into...
Macau’s Crime Landscape: A Comprehensive Overview of 2023’s Statistics
Macau's Secretary for Security, Wong Sio Chak, recently disclosed a detailed report on the crime landscape in the Special Administrative Region (SAR) for the...
Macau’s Gaming Industry: A Resilient Rebound in 2023
In November 2023, Macau's gaming operators reported robust gross gaming revenues (GGR) of MOP$16.04 billion (US$1.99 billion), reflecting a staggering 435% year-on-year increase. While...
Las Vegas Sands Majority Owner Eyes Dallas Mavericks in $3.5 Billion NBA Franchise Acquisition
Dr. Miriam Adelson, the majority owner of Las Vegas Sands (LVS), is reportedly seeking to acquire a controlling stake in the NBA franchise, the...
Macau Light Rail Transit Reaches Milestone with Opening of Barra Station
In a significant development for Macau's transportation infrastructure, the Macau Light Rail Transit Company Limited (LRT) has announced the official opening of the new...
Macau Jockey Club Reverses Decision on Prize Money Reduction Amid Industry Concerns
In a surprising turn of events, the Macau Jockey Club (MJC) has officially abandoned its plans to cut prize money for trainers and jockeys,...
Macau Hotel Sector Witnesses Robust Growth: October Occupancy Rate Soars to 82.8%
In a significant upswing for Macau's hospitality industry, the average occupancy rate of hotel rooms experienced a remarkable year-on-year increase of 41.1 percentage points,...