16, Feb, 2017

Melco International Development Ltd. has acquired an additional US$1.1 billion worth of shares in Melco Crown Entertainment (MCE), bringing its ownership to 51.3 percent.

16, Feb, 2017

The Macau government has reportedly proposed amendments to the smoking bill which would allow the establishment of smoking lounges in the city’s casinos.

15, Feb, 2017

Macau’s economy will continue to remain at risk to Mainland policy changes, read a report from the IMF.

14, Feb, 2017

More than 50 percent of gaming employees in Macau are in favor of smoking lounges, according to a survey commissioned by the city’s gaming concessionaires.

13, Feb, 2017

Macau’s gaming industry performed better than expected in the week ended Feb. 12, with ADR of MOP 814 million (US$101.9 million).

13, Feb, 2017

Casino operator Melco Crown Entertainment (MPEL) will likely post strong results for 16Q4 as a result of Studio City ramp up and a rebound of City of Dreams, said a note from Morgan Stanley on Sunday.

12, Feb, 2017

Macau health groups are calling for new anti-smoking laws which would see venues penalized for allowing people to smoke indoors.

12, Feb, 2017

The Macau government says it is “exploring further cooperation opportunities” in regards to tourism with Hong Kong, according to a report from the government news bureau.

12, Feb, 2017

The bridge connecting Hong Kong, Zhuhai and Macau is expected to complete by the end of 2017, said Hong Kong’s Secretary for Transport and Housing.

10, Feb, 2017

Increasing overnight visitation and average visitor spend will drive growth in Macau’s mass market, said Bernstein. According to a note from the brokerage on Friday, Macau saw a significant change in its visitation breakdown in 2016, with overnight visitors increasing 10 percent year-on-year while day trippers saw a 7 percent decline.

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