GGRAsia – Macau

Casinos open but Macau Feb GGR to fall 80pct: brokerage

Feb 18, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

February casino gross gaming revenue (GGR) in Macau is likely to decline by more than 80 percent in year-on-year terms. That is despite a decision by the Macau government not to extend the current...

Macau casinos can reopen from Thursday: govt

Feb 17, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The Macau government has decided not to extend the current closure of the city’s casino industry. So said Lei Wai Nong, the city’s Secretary for Economy and Finance, during a Monday government...

Coronavirus not G2E Asia 2020 threat for now: organiser

Feb 17, 2020 Newsdesk Industry Talk, Latest News, Macau, Top of the deck

The organiser of this year’s Global Gaming Expo (G2E) Asia, a casino industry trade fair and conference due to be held in Macau from May 19 to 21, has told GGRAsia that “at the current stage”...

MGM Macau hotel operations suspended temporarily: govt

Feb 14, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The hotel at the MGM Macau casino complex (pictured in a file photo) is to have operations suspended with effect from Friday (February 14), a Macau government official said in a press briefing that...

Quarantine cabin fever to aid Macau rebound: Jefferies

Feb 14, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

“Cabin fever” linked to China-wide calls for citizens either to stay indoors or work from home during the coronavirus episode could lead to Chinese consumer demand for trips to Macau to rebound...

Macau govt virus control work gets some positive reviews

Feb 14, 2020 Newsdesk Coronavirus Crisis, Features, Latest News, Macau, Top of the deck

A straw poll by GGRAsia on the Macau government’s efforts at controlling the coronavirus infection – including a 15-day shutdown of the city’s casinos – has produced some...

Health risk factor in casino closure review: Macau govt

Feb 13, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The Macau government will decide whether to extend the current closure of the city’s casino industry, based on an assessment of public health risk posed locally by the now-named Covid-19...

Suncity VIP growth plans intact despite Covid-19

Feb 13, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Major Macau gambling junket investor Suncity Group has told GGRAsia that its plans to launch new VIP clubs in Macau and overseas for this year “remain unchanged”. It took the bullish view despite...

MGM Murren to leave, Macau closure cost US$1.5mln/day

Feb 13, 2020 Newsdesk Latest News, Macau, Top of the deck

The chairman and chief executive of MGM Resorts International, Jim Murren, announced on Wednesday plans to step down from his position prior to the expiration of his contract, which was due to run...

Strong chance Macau casino shutdown extended: Bernstein

Feb 11, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

There is a “strong possibility” of an “extension of the shutdown order” that has temporarily been imposed on Macau casinos to try to stop local infection spread in the wake of the...