Macau limits gambling’s GDP share for diversified Economy
According to information recently released by Macau's Chief Executive, Ho Iat Seng, the gaming sector accounts for 36.2% of Macau's GDP in 2023. This resonates with the...
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Macau
Wynn Macau eyes big investments pending government approval
During a recent conference call, Wynn Resorts' CFO, Julie Cameron-Doe, talked about the company's financial strategies and future investment plans. By the end of 2025,...
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Fake casino chips scam in Macau
Five people were arrested after fake casino chips were discovered at a Macau casino. They were accused of attempting to use fake chips in an initiative to scam the...
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Macau casino stocks surge with new Chinese travel permits
Macau casino companies' shares surged dramatically as a result of China introducing new travel permits aimed at boosting Macau tourism. Melco International Development...
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Macau’s gaming credit law: CE’s power and regulation changes
Macau, a city well-known for its thriving gambling sector, is putting a new rule into effect that will control credit extensions for gambling-related operations.This law...
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MGM Resorts CEO disapproves Macau’s gaming zone strategy
MGM Resorts CEO criticizes Macau's attempt at foreigner-only gaming zones, citing failure to attract international gamblers.The government of Macau supported the idea in...
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Feb’s Macau GGR: MOP$18.5bn thanks to CNY Golden Week
Driven by the Golden Week of the Lunar New Year, Macau's GGR in February of this year was MOP 18.5bn dollars, or about US 2.3bn dollars.During the Chinese New Year Golden...
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Macau Relaunch in 2023 Boosts Galaxy’s Revenue
A major GEG-operated casino, Galaxy Macau, saw a significant increase in profits, up 274 percent year over year, with gambling profits up 312 percent.In the year 2023,...
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Macau casino to open doors after three years
China’s new e-visa regulations record strong influence, with shares in casino operators soaring 13%.Recently, Macau’s leader announced that China is making some...
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