GGRAsia – Macau

Academic unveils year-long study of Macau junket trade

Aug 02, 2014 Newsdesk Features, Latest News, Macau

The number of junket rooms in Macau casinos fell 10 percent year-on-year in 2013 – to 220 from 243 in 2012 – according to data collected from private sources by Carlos Siu Lam (pictured),...

SJM cedes ground in July market share

Aug 01, 2014 Newsdesk Latest News, Macau, Top of the deck

SJM Holdings Ltd, the operator of the Lisboa and Grand Lisboa casinos on the Macau peninsula, kept its leadership position in the Macau market in July. The casino operator founded by Stanley Ho Hung...

SFC’s 2nd warning in a year on Macau junket investor

Aug 01, 2014 Newsdesk Latest News, Macau, Top of the deck, World

Hong Kong’s Securities and Futures Commission has warned investors “to exercise extreme caution” when dealing in the shares of Imperial Pacific International Holdings Ltd. It is the second time...

Macau’s GGR drops 3.6 pct year-on-year in July

Aug 01, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) for July fell by 3.6 percent year-on-year to MOP28.4 billion (US$3.56 billion), the city’s Gaming Inspection and Coordination Bureau said on Friday....

Service quality in Macau’s casinos rising: index

Aug 01, 2014 Newsdesk Latest News, Macau, Top of the deck

Service quality in Macau’s gaming industry increased in the second quarter of this year, shows the latest edition of the Macau Gaming Service Index. The index’s reading for the second quarter...

Casino pay policy should be more transparent: scholar

Jul 31, 2014 Newsdesk Latest News, Macau, Top of the deck

Casino employees in Macau “have been subject to different degrees of exploitation,” said on Thursday a leading Hong Kong academic, adding that the psychological pressure on these employees should...

Galaxy launching slot tourney with US$3.5 mln prize pool

Jul 31, 2014 Newsdesk Latest News, Macau

Macau casino operator Galaxy Entertainment Group Ltd is to launch a slot machine tournament with a prize pool of HKD27 million (US$3.5 million) starting on August 23. World Slot Master of Macau will...

Hybrid tables should be counted as slots: Macau academic

Jul 30, 2014 Newsdesk Latest News, Macau, Top of the deck

A leading Macau academic said on Wednesday that Macau casino operators might seek to face the challenge of the city’s table cap by using larger tables with more player stations. He also suggested...

Galaxy Entertainment workers petition for higher wages

Jul 30, 2014 Newsdesk Latest News, Macau, Top of the deck

Workers in the casino and hotel operations of Galaxy Entertainment Group Ltd are petitioning the Hong Kong-listed company for an increase in salaries. A group of workers delivered a petition to...

Chui Sai On to run unopposed for Macau’s top political post

Jul 30, 2014 Newsdesk Latest News, Macau

Fernando Chui Sai On is running uncontested for a second consecutive five-year term as Macau’s chief executive, the city’s top political post. Tuesday was the last day for potential candidates to...