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Macau

Privacy doubts on digital RMB in Macau casinos: scholars

Privacy doubts on digital RMB in Macau casinos: scholars

Jul 22, 2022 Newsdesk Latest News, Macau, Top of the deck  

There are still questions on whether China’s digital renminbi (RMB) – an officially-authorised digital version of the mainland’s currency – would be favoured by Chinese consumers for...
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Macau saw zero community Covid cases Thurs: govt

Macau saw zero community Covid cases Thurs: govt

Jul 22, 2022 Newsdesk Latest News, Macau, Top of the deck  

No community cases of Covid-19 were recorded in Macau for the 24 hours to midnight on Thursday, said the local authorities in a Friday update. Previously, Macau officials have referred to a policy...
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Summit says Suncity listco not required to bid for shares

Summit says Suncity listco not required to bid for shares

Jul 21, 2022 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck  

Summit Ascent Holdings Ltd, a Hong Kong-listed investor in the Tigre de Cristal casino resort near Vladivostok in Russia, has clarified that its own majority Hong Kong-listed investor, Suncity Group...
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Marina Bay Sands 2Q net rev up 108pct, Macau EBITDA loss

Marina Bay Sands 2Q net rev up 108pct, Macau EBITDA loss

Jul 21, 2022 Newsdesk Latest News, Macau, Singapore, Top of the deck  

Net revenues at the Marina Bay Sands casino resort (pictured) in Singapore rose 107.6 percent year-on-year in the second quarter, to US$679 million. Singapore adjusted property earnings before...
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End of junket biz in Macau opens space for mass growth: LVS

End of junket biz in Macau opens space for mass growth: LVS

Jul 21, 2022 Newsdesk Latest News, Macau, Top of the deck  

Robert Goldstein, the boss of casino group Las Vegas Sands Corp, says the retreat of junket operations in Macau is an opportunity for the firm’s subsidiary Sands China Ltd to boost its margins in...
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Macau casinos can reopen Saturday at 50pct staffing

Macau casinos can reopen Saturday at 50pct staffing

Jul 20, 2022 Newsdesk Latest News, Macau, Top of the deck  

Macau’s casinos can reopen from the start of Saturday (July 23) until July 29, but only at 50 percent of normal staffing, confirmed the head of the city’s Health Bureau, Alvis Lo Iek Long, at a...
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Most Macau businesses can resume Saturday with conditions

Most Macau businesses can resume Saturday with conditions

Jul 20, 2022 Newsdesk Latest News, Macau, Top of the deck  

Most non-essential industrial and commercial premises in Macau will be allowed to resume operations – on a limited basis – from Saturday (July 23) to Friday (July 29), the city’s...
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Macau June visitor arrivals down 37pct m-o-m as Covid hits

Macau June visitor arrivals down 37pct m-o-m as Covid hits

Jul 20, 2022 Newsdesk Latest News, Macau, Top of the deck  

Macau saw an aggregate of approximately 381,000 visitor arrivals in June, representing a 36.6 percent month-on-month decline, said a Tuesday release by the city’s Statistics and Census Service. The...
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Macau readying for Covid-restriction easing: govt

Macau readying for Covid-restriction easing: govt

Jul 19, 2022 Newsdesk Latest News, Macau, Top of the deck  

The Macau government said on Tuesday it is preparing fresh arrangements for its containment of Covid-19 infection in the city, via what it calls a “consolidation phase”, though it...
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US$800mln EBITDA loss forecast for Macau ops in 2022: MS

US$800mln EBITDA loss forecast for Macau ops in 2022: MS

Jul 19, 2022 Newsdesk Latest News, Macau, Top of the deck  

A brokerage now expects the Macau casino sector in full-year 2022 to report a US$800-million loss in terms of earnings before interest, taxation, depreciation and amortisation (EBITDA), compared to a...
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From the Press

Queensland pokies players lose
record US$209mln in a month

ABC News Aug 18

Entain could lose U.K. licence
after record US$21mln fine

The Guardian Aug 17

N.J. gambling revenue up 6.7pct
in July, but 5 casinos still lag

AP News Aug 17

Pick of the Day

"We warn the cross-border gambling crime suspects to stop their criminal acts, to return to the country, and turn themselves in so that they could still be granted lenient treatment"

Wang Wenbin

Spokesman from China’s Ministry of Foreign Affairs



Most Popular

  • Singapore’s Gambling Regulatory Authority inauguratedSingapore’s Gambling Regulatory Authority inaugurated August 16, 2022
  • China restates action on overseas-bet fugitivesChina restates action on overseas-bet fugitives August 17, 2022
  • Macau GGR 8-14 Aug US$10mln/day, up 120pct: brokerageMacau GGR 8-14 Aug US$10mln/day, up 120pct: brokerage August 16, 2022
  • David Chow exits board of casino services biz Macau LegendDavid Chow exits board of casino services biz Macau Legend August 17, 2022
  • Macau drops professional secrecy override from junket billMacau drops professional secrecy override from junket bill August 16, 2022
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