GGRAsia – Macau

MGM China pushes back due date on loans

Jun 18, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau gaming company MGM China Holdings Ltd has announced changes to its borrowing arrangements. MGM China told the Hong Kong Stock Exchange on Friday that the company and its wholly owned subsidiary...

Macau govt submits bill banning casino staff from gambling

Jun 18, 2018 Newsdesk Latest News, Macau, Top of the deck

Fresh measures regulating entry to Macau casinos were formally announced on Friday. As had been widely expected, the city’s government is proposing the introduction of rules banning Macau-based...

Impairment loss to hurt Success Dragon results: firm

Jun 18, 2018 Newsdesk Latest News, Macau, Top of the deck

Gaming services firm Success Dragon International Holdings Ltd has warned investors its loss for the year ended March 31, 2018 is likely to be wider than initially forecast. That is a result of an...

Macau maxed out in 2018 on table cap: Ho on Morpheus

Jun 15, 2018 Newsdesk Latest News, Macau, Top of the deck

The Macau casino entrepreneur behind the US$1.1-billion Morpheus hotel tower that officially launched in Cotai on Friday said the reason the property did not get new-to-market live dealer gaming...

Casino operator SJM again taps young via Macau e-Sports

Jun 15, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator SJM Holdings Ltd scheduled another e-Sports event for Saturday and Sunday, this time at its flagship downtown property the Grand Lisboa Hotel. At least three big e-Sports...

No new gaming tables for Morpheus this year: Macau govt

Jun 14, 2018 Newsdesk Latest News, Macau, Top of the deck

Morpheus, a new US$1.1-billion hotel at the City of Dreams Macau casino resort, has not been allocated any new-to-market live-dealer tables by the Macau government for its official opening on Friday...

Sands China leadership hopefuls sent for overseas study

Jun 14, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Sands China Ltd says it has welcomed a second batch of managers into its Sands China International Strategic Leadership Programme for Integrated Resorts. The organisation’s...

No near-term GGR uptick from HKZM Bridge: analysts

Jun 14, 2018 Newsdesk Latest News, Macau, Top of the deck

It is unlikely that the opening of the Hong Kong-Zhuhai-Macau (HKZM) Bridge (pictured in a file photo) will bring an immediate boost to casino business for Macau gaming operators, say several...

Cotai casino will help SJM regain market share: CEO

Jun 13, 2018 Newsdesk Latest News, Macau, Top of the deck

The opening of the Grand Lisboa Palace (pictured in a file photo) casino resort project in Macau’s Cotai district will help casino operator SJM Holdings Ltd regain share in terms of the...

Stanley Ho departs, named SJM Holdings chairman emeritus

Jun 13, 2018 Newsdesk Latest News, Macau, Top of the deck

Stanley Ho Hung Sun has been made chairman emeritus of SJM Holdings Ltd, having retired from his positions as chairman, executive director and as a member of the executive committee of the board of...