GGRAsia – Macau

Macau

Venetian Arena, NBA games aid Sands premium biz: Citi

Dec 09, 2024 Newsdesk Latest News, Macau, Top of the deck

The newly-renovated and upgraded Venetian Arena (pictured) at the Venetian Macao – due to host National Basketball Association (NBA) preseason games, starting from October 2025 – has the...

Macau welcomed 32.5mln visitors year-to-date: police

Dec 09, 2024 Newsdesk Latest News, Macau, Top of the deck

Inbound tourism to Macau is showing signs of recovery so far this year, with the city welcoming more than 32.5 million visitors as of Saturday (December 7) – a 25.7-percent increase compared to...

Venetian Arena to host NBA preseason games in Oct 2025

Dec 06, 2024 Newsdesk Latest News, Macau, Top of the deck

The Venetian Arena – the revamped and freshly-branded concert and event venue at the Venetian Macao – will host in 2025 preseason games from two National Basketball Association (NBA) teams. The...

Studio City promoter clinches US$250mln credit facility

Dec 03, 2024 Newsdesk Industry Talk, Latest News, Macau

A unit of Studio City International Holdings Ltd, promoter of the Studio City casino resort in Macau, has signed a new senior facility agreement with a syndicate of banks, according to a Monday press...

New Macau govt may give satellite casino clarity: execs

Dec 02, 2024 Newsdesk Latest News, Macau, Top of the deck

Clarification is still awaited on how so-called satellite casino business in Macau might be structured, beyond the end of a three-year grace period for current arrangements, which expires at the end...

Hengqin line for Macau light rail starts operations Monday

Dec 02, 2024 Newsdesk Latest News, Macau, Top of the deck

The new “Hengqin Line” for Macau’s light rapid transit (LRT) system starts operations this afternoon (Monday, December 2). It will provide “citizens and tourists with a comfortable and quick...

Emperor Ent posts US$23mln interim loss, revenue up

Dec 02, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau satellite casino promoter Emperor Entertainment Hotel Ltd reported an interim loss attributable to its owners of HKD177.9 million (US$22.9 million) for the six months to September 30. The...

Macau Nov daily GGR better than historical trends: analyst

Dec 02, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) of MOP18.44 billion (US$2.30 billion) in November was “slightly below initial estimates as a weak start to the month was offset by a strong second...

Macau op 2025 dividends can grow via cash flow: CLSA

Dec 02, 2024 Newsdesk Latest News, Macau, Top of the deck

Brokerage CLSA Ltd thinks most of Macau’s casino concessionaires will pay dividends in 2025, with the sector’s total dividends estimated to grow 20 percent year-on-year to US$1.5 billion. That...

Macau Nov GGR US$2.3bln, down 11pct after stellar Oct

Dec 01, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) in November reached MOP18.44 billion (US$2.30 billion), up 14.9 percent from a year earlier, but down 11.3 percent sequentially. That is according to a...

12 3 NEXT LAST

Lee ‘SunBhie’ Jeong-jae – legendary coach of ambitious Aurora...

Dec 05, 2024

Sponsored feature | The young e-sports organisation Aurora Gaming was founded just two years ago with the support of title sponsor 1xBet. Today, it competes in several e-sports disciplines, including Counter-Strike 2, Apex Legends, Mobile Legends, and Warcraft. However, Asian e-sports fans are...