GGRAsia – Macau

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...

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...

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...

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...

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...

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,...

Macau CNY visitor tally 90,615, down 65pct on prior year

Feb 18, 2021 Newsdesk Latest News, Macau, Top of the deck

Visitor arrivals to Macau during the entire Chinese New Year break totalled 90,615, down 65.3 percent from the prior-year period, according to official data. China’s State Council designated...

Macau govt, SJM co-host recruitment event for Cotai resort

Feb 18, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau’s Labour Affairs Bureau is co-organising a recruitment event on Friday (February 19) with the promoter of the Grand Lisboa Palace (pictured), the yet-to-open Cotai casino resort project of...

Macau visitor tally dips 5pct sequentially on day six of CNY

Feb 18, 2021 Newsdesk Latest News, Macau, Top of the deck

Visitor arrivals to Macau on the sixth day of the Chinese New Year (CNY) holiday period fell by 5.4 percent sequentially, amounting to 14,399. The city had welcomed a total of 15,214 visitors...

Feb flights maybe 30pct up on Jan says Macau airport

Feb 17, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau International Airport (pictured in file photo) is likely to handle 1,128 commercial flight movements for the 28 days of February, or approximately 40 a day. While for the the 31 days of...