21, Feb, 2017

Reduced liquidity in mainland China in 2017 will create headwinds for high-end gaming in Macau, say Bernstein analysts. In its report titled “China Liquidity: Who are the winners and losers when the tide is going out?” the brokerage looks at the implications of tightening liquidity on China’s markets.

20, Feb, 2017

The Health Bureau’s Tobacco Control Office is considering new standards for smoking lounges as proposed by the city’s gaming concessionaires.

20, Feb, 2017

MGM China Holdings will be paying a final dividend of HK$0.16 (US$0.02) per share to its shareholders, amounting to approximately HK$608 million in aggregate for the year ended Dec. 31, 2016.

20, Feb, 2017

Macau’s gross gaming revenue month-to-date is estimated at MOP 16.3 billion (US$2 billion), with last week’s performance slightly lower than expected, said Bernstein.

20, Feb, 2017

Macau Legend Development has confirmed its plans to launch its newest property, Legend Palace Hotel, on February 27, according to chairman and CEO David Chow Kam Fai.

19, Feb, 2017

China lottery sales rose 7.3 percent to RMB 394.6 billion (US$57.5 billion) in 2016, according to data from the Ministry of Finance.

17, Feb, 2017

Sands China posted a 16.1 percent decline in profit for the full-year 2016 to $1.2 billion, down from $1.5 billion in 2015, according to a preliminary announcement of its annual results.

17, Feb, 2017

Melco Crown Entertainment posted a 13 percent gain in Q4 revenue as an improved performance at Studio City and City of Dreams Manila offset declines at its older properties.

16, Feb, 2017

MGM China reported an improvement in Q4 profit and said revenue edged up, helped mainly by a higher VIP hold.

16, Feb, 2017

The newest casino hotel in Fisherman’s Wharf has been granted 15 new mass market gaming tables from the Macau government.

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