GGRAsia – Macau

Macau

Macau op non-gaming contribution little changed in 2018

Dec 16, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau’s six casino concessionaires have seen a double-digit percentage increase year-on-year in their “receipts” – i.e. income – from non-gaming activities in 2018. But the...

2H to help Macau 2020 GGR to grow circa 4pct: DB

Dec 16, 2019 Newsdesk Latest News, Macau, Top of the deck

Likely growth during 2020 of casino gross gaming revenue (GGR) in the Macau gaming market would be weighted toward the “back half,” says a Sunday report from Deutsche Bank Securities Inc. “We...

Cloud games tech poised for MGM Macau debut: GameSource

Dec 16, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau-based International Alliance Systems Ltd says its data-cloud-based electronic game platform GameSource is “ready” for its debut in Macau, via the main gaming floor of MGM Macau, a property...

Beijing goodies limited near-term benefit to Macau: CS

Dec 16, 2019 Newsdesk Latest News, Macau, Top of the deck

The expected announcement of new policies from China’s central government aimed at diversifying Macau’s gaming-reliant economy are likely to be of “limited near-term benefit” to the...

Slower tourism growth might extend to 1H 2020: Macau govt

Dec 13, 2019 Newsdesk Latest News, Macau, Top of the deck

Factors including a slowing in the mainland China economy and protests in neighbouring Hong Kong might have constrained the tally of visitors to Macau in November and December and as a consequence,...

New Hengqin crossing to Macau in use soon: mainland

Dec 12, 2019 Newsdesk Latest News, Macau, Top of the deck

The mainland China authorities expect that the newly-built boundary checkpoint between Hengqin Island (pictured) and Macau – known as Hengqin Port – should be ready for use by December...

No face tech decreed re casino staff downtime ban: Macau

Dec 12, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau’s gaming regulator says it has currently “no intention” to issue guidelines requesting casino operators to use facial recognition technology to assist in the enforcement of the...

Wynn Macau Ltd to raise US$991mln from note offering

Dec 11, 2019 Newsdesk Latest News, Macau, Top of the deck

Casino operator Wynn Macau Ltd estimates it will raise net proceedings of US$991.3 million from a recently-conducted note offering to professional investors. The figure was disclosed on Wednesday in...

Taipa-Cotai rail to chalk 20k journeys daily: Macau govt

Dec 10, 2019 Newsdesk Latest News, Macau, Top of the deck

The Taipa to Cotai section of Macau’s Light Rapid Transit (LRT) system (pictured in a file photo), which opened on Tuesday afternoon to the public, might see “20,000″ passenger journeys...

Visa controls risk worsening Macau Dec GGR dip: Nomura

Dec 10, 2019 Newsdesk Latest News, Macau, Top of the deck

Macau’s December gross gaming revenue (GGR) tally “could be worse” than the 8 percent to 10 percent year-on-year decline currently predicted by Nomura’s Instinet LLC, the group said in a...

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Asia Pioneer bullish on its long-term growth

Nov 14, 2019

Sponsored feature | Management at Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd expects its business to continue to expand, with the firm looking to build its presence in Macau and tap into new markets in Southeast Asia. So says Herman Ng Man Ho, company managing director and chief...