HONG KONG, Dec 16, 2022 (AFP): Six Macau casino firms agreed on Friday night (Dec 16) to invest a total of 118.8 billion patacas (USS$15 billion) after being granted 10-year operating licences ...
Gaming industry analysts expect casino revenue to continue ... which have a presence in Macao and recently signed 10-year licensing extensions that will require them to invest billions of dollars ...
Macau’s casinos had their best month since the earliest days of the pandemic, with gaming revenue surging 247% in March after Chinese tourists flocked to the gambling hub as the end of Covid Zero ...
Melco Resorts posted weak results in Q4, but the performance improved sequentially. See what makes MLCO stock a suitable ...
Macau officials said that casino gambling could continue without masks designed to curb the COVID-19 pandemic. Macau, previously the world’s capital for gambling in terms of revenue, said mask ...
BEIJING, Oct 1 (Bloomberg): Macau’s slowdown extended ... for 40 days or more.Macau’s six casino operators are also facing uncertainty around licensing. Their permits to operate in the only ...
Macao, an hour’s ferry ride from Hong Kong, is the only place in China where gambling is legal. Often called the “Vegas of Asia,” in pre-pandemic times it wasn’t unusual to see a high ...
JOONDALUP, Australia: In light of China ending its zero-COVID policy, Macao is seeking to recover its tourism-based economy. Success will depend on the effectiveness of ongoing efforts to contain ...
Wells Fargo on Thursday raised its earnings estimates for Club holding Wynn Resorts ' (WYNN) operations in Macao, China, while increasing its price target on the casino operator. The move ...
Noemi Cassanelli/CNN Noemi Cassanelli/CNN The Lisboa is one of Macao's most recognizable casinos. Story by Lilit Marcus, photos by Noemi Cassanelli, CNN Like many of his peers, Dan McAulay was ...