GGRAsia – Macau

Melco Resorts lists notes on Macau bond exchange

Jun 30, 2021 Newsdesk Latest News, Macau, Top of the deck

Casino investor Melco Resorts and Entertainment Ltd says it is listing on Macau’s bond market, the Chongwa (Macao) Financial Asset Exchange Co Ltd, a series of senior notes issued earlier by a...

MGM Resorts CFO named non-exec director at MGM China

Jun 30, 2021 Newsdesk Latest News, Macau, Top of the deck

The chief financial officer (CFO) of United States-based casino business MGM Resorts International has been appointed as a non-executive director of the group’s majority-owned Macau operating unit,...

Angela Leong to get Macau legislator seat via indirect poll

Jun 28, 2021 Newsdesk Latest News, Macau, Top of the deck

Angela Leong On Kei, a co-chairman and executive director of Macau casino operator SJM Holdings Ltd, is standing for re-election as member of Macau’s Legislative Assembly. For the upcoming poll,...

Macau casino activist Cloee Chao runs for legislator seat

Jun 28, 2021 Newsdesk Latest News, Macau, Top of the deck

Macau gaming labour group activist Cloee Chao Sao Fong (pictured centre) will lead an election ticket for the upcoming Legislative Assembly Election. Her ticket features several other casino...

Macau 2021 visitor tally might reach 8mln: MGTO boss

Jun 28, 2021 Newsdesk Latest News, Macau, Top of the deck

The director of the Macao Government Tourism Office (MGTO) says the city might welcome “7 million to 8 million” visitors for full-year 2021. This was based on the trend in visitor arrivals seen...

Melco Resorts may aid Melco on China theme park says MS

Jun 25, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Casino operator Melco Resorts and Entertainment Ltd “may need to raise dividends” on behalf of its parent, Melco International Development Ltd, to help the latter fund its share of a non-gaming...

Plans for Macau-HK bubble derailed by new Covid case in HK

Jun 25, 2021 Newsdesk Latest News, Macau, Top of the deck

Plans to ease travel between Macau and Hong Kong have been derailed, as the latter city confirmed on Thursday a new local Covid-19 case, breaking Hong Kong’s 16-day run of zero local infections....

Kingston expects profit down due to gaming rev decline

Jun 25, 2021 Newsdesk Latest News, Macau, Top of the deck

Kingston Financial Group Ltd, the operator of two so-called satellite casinos in Macau, says it expects to report a significant decrease in profit for the year ended March 31, 2021. Such profit is...

Macau summer visitor outlook sunny: Wynn Macau COO Chen

Jun 24, 2021 Newsdesk Latest News, Macau, Top of the deck

Linda Chen, vice chairman, chief operating officer (COO) and executive director of casino operator Wynn Macau Ltd, expects growth during the summer-holiday season of July and August, in the daily...

Melco Resorts to benefit from Zhongshan project: analysts

Jun 24, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck

Brokerage Sanford C. Bernstein Ltd says casino operator Melco Resorts and Entertainment Ltd should benefit from its parent’s project in Zhongshan (pictured in an artist’s rendering), a city...