Macau’s VIP gambling business suffered a sharp downturn during the pandemic. (Reuters pic) HONG KONG: Macau is slapping a ...

The VIP sector has also been impacted by regulatory changes introduced over the course of last year: Macau’s Legislative Assembly approved in December last year a consolidating bill that regulates the ...

The bureau reported Macao’s 39 casinos won $1.43 billion (U.S.) in January ... were among the new conditions imposed by the ...

Related Link: Macau Casino Stocks Rally Following License Renewal Set To Begin On Jan. 1, 2023 The Travel Industry Council of ...

Macau, a special administrative region of China, is the only place in the country where gambling in casinos is legal. January also marked the launch of new licenses for operators, with shorter 10-year ...

That year, Macau casinos generated $36 billion in revenue ... approved in December last year which regulates their licensing and activities. Junkets are now only allowed to partner with a single ...

Visitors pose for photos outside the Grand Lisboa casino operated by SJM Holdings during Lunar New Year in Macau, China, January 24, 2023. Reuters Macau posted an 82.5% year-on-year rise in ...

Gross billing from casino gaming in Macau shot up 82.5 percent year-on-year in January after the end of restrictions stemming ...

The surge in revenue is expected to boost Q1 results for Macau casino operators and create positive cash flow for some. Studio City International (MSC) has the highest Seeking Alpha Quant Rating ...

HONG KONG (Reuters) - Macau posted an 82.5% year-on-year rise in gambling revenue to 11.6 billion patacas ($1.4 billion) in January, after the world's biggest gambling hub had nearly half a million ...

HONG KONG, Feb 1 (Reuters) - Macau posted an 82.5% year-on-year rise in gambling revenue to 11.6 billion patacas ($1.4 billion) in January, after the world's biggest gambling hub had nearly half a ...