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Author Archive: Newsdesk

Macau casino GGR soared in final days of CNY: brokerages

Macau casino GGR soared in final days of CNY: brokerages

Feb 23, 2021 Newsdesk Latest News, Macau, Top of the deck  

Casino gross gaming revenue (GGR) in Macau surged in the last days of the Chinese New Year holiday period, according to industry checks by two brokerages. The positive performance has continued into...
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Macau removes last mainland cities from its quarantine list

Macau removes last mainland cities from its quarantine list

Feb 23, 2021 Newsdesk Latest News, Macau, Top of the deck  

With effect from Tuesday (February 23), no city in mainland China is any longer considered by the Macau authorities to be ‘medium risk’ for transmission of Covid-19 infection. As a result, no...
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Macau Legend aims at licensee status: Melinda Chan

Macau Legend aims at licensee status: Melinda Chan

Feb 22, 2021 Newsdesk Latest News, Macau, Top of the deck  

A senior executive at Macau Legend Development Ltd said on Monday that the casino-services and hotel-operations firm is aiming at being a Macau gaming concessionaire in its own right, with its revamp...
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NagaCorp respects host places when plans resorts: chair

NagaCorp respects host places when plans resorts: chair

Feb 22, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

The chairman of casino investor NagaCorp Ltd has told GGRAsia the firm is “always mindful of respecting the host country and the environment” in which the company operates, when considering a...
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Suncity listco US$24mln cash under China property disposal

Suncity listco US$24mln cash under China property disposal

Feb 22, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck  

Suncity Group Holdings Ltd is to receive a cash payment of circa CNY155.3 million (nearly US$24.03 million) for disposal of a loss-making mainland China property development and leasing firm with...
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GEG in US$1.6bln construction deal on Galaxy Macau Phase 4

GEG in US$1.6bln construction deal on Galaxy Macau Phase 4

Feb 22, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau casino operator Galaxy Entertainment Group Ltd (also known as GEG) has signed a MOP13.01-billion (US$1.63-billion) deal with a local unit of China State Construction International Holdings Ltd...
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Average Macau hotel occupancy 48pct in CNY, rates down

Average Macau hotel occupancy 48pct in CNY, rates down

Feb 19, 2021 Newsdesk Latest News, Macau, Top of the deck  

The average occupancy rate of hotels and guesthouses in Macau declined by 4.6 percentage points year-on-year to 48.3 percent during the week-long Chinese New Year (CNY) break. Room rates across all...
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Caesars out of Korea, ex-partner R&F asks 3yr delay

Caesars out of Korea, ex-partner R&F asks 3yr delay

Feb 19, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

United States-based casino brand Caesars Entertainment has disposed of its entire stake in a planned casino scheme for Incheon, South Korea, to its former partner, Hong Kong-listed Guangzhou R&F...
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Outlook solid on mulled Okada Manila Spac IPO: analysis

Outlook solid on mulled Okada Manila Spac IPO: analysis

Feb 19, 2021 Newsdesk Japan, Latest News, Philippines, Top of the deck  

Universal Entertainment Corp’s idea for a stock-market listing in the United States of its Philippine casino resort, Okada Manila, via a special-purpose acquisition company (Spac), could be an...
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Macau 2020 gaming tax take US$3.7bln, down 74pct

Macau 2020 gaming tax take US$3.7bln, down 74pct

Feb 19, 2021 Newsdesk Latest News, Macau, Top of the deck  

The Macau government collected nearly MOP29.81 billion (US$3.73 billion) in tax revenue from the city’s gaming industry in full-year 2020. That figure was down 73.6 percent compared to 2019,...
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From the Press

Imperial Pacific doesn’t oppose
suspension of casino licence
Saipan Tribune Feb 26

Imperial Pacific’s CEO still
unlicensed, says commission

Marianas Variety Feb 26

Caesars exec repeats
doom for buffets

8 News Now Feb 25

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US$53.4 million

Adjusted EBITDA reported by Asian casino operator Melco Resorts and Entertainment for the fourth quarter of 2020



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  • Macau casino GGR soared in final days of CNY: brokeragesMacau casino GGR soared in final days of CNY: brokerages February 23, 2021
  • Pansy Ho sells off more stock in MGM Resorts for US$36mlnPansy Ho sells off more stock in MGM Resorts for US$36mln February 23, 2021
  • Macau removes last mainland cities from its quarantine listMacau removes last mainland cities from its quarantine list February 23, 2021
  • GEG in US$1.6bln construction deal on Galaxy Macau Phase 4GEG in US$1.6bln construction deal on Galaxy Macau Phase 4 February 22, 2021
  • Caesars out of Korea, ex-partner R&F asks 3yr delayCaesars out of Korea, ex-partner R&F asks 3yr delay February 19, 2021
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