28, Mar, 2017

Gross gaming revenue in Macau over the last week reached MOP 5 billion (US$625 million), implying ADR of MOP 714 million, according to a note from Bernstein on Monday.

28, Mar, 2017

Income derived from gaming taxes decreased 5.9 percent year-on-year to MOP 79.5 billion (US$9.9 billion) in 2016, according to data from the Financial Services Bureau (DSF).

27, Mar, 2017

AGTech Holdings Limited recorded profit attributable to owners of the company of approximately HK$333 million (US$42.9 million) for the year ended December 31, 2016, up from HK$280.2 million in 2015.

27, Mar, 2017

Hong Kong-listed Success Dragon International Holdings Ltd has announced the appointment of Mr. Jiang Dan as its new executive director and chief executive officer, with effect March 24, 2017.

27, Mar, 2017

Visitors to Macau fell 5.6 percent year-on-year in February, according to data from the Statistics and Census Bureau (DSEC).

23, Mar, 2017

Wynn Macau will raise the wages of non-management staff by between 3 percent and 6.5 percent, the company said.

22, Mar, 2017

Gaming suppliers, facing the challenge of changing audience demographics and new technology, need to move to “bigger and brighter” machines to lure clients into casinos, industry experts say.

22, Mar, 2017

Melco Crown Entertainment has followed Macau rivals in announcing a pay rise for non-management employees, as analysts warn cost pressures in the territory are on the rise again.

20, Mar, 2017

Macau’s casino operators are likely to facing increasing margin pressure in 2017 as overall costs rise and promotional pressures gain with the uptick in VIP gaming, Morgan Stanley wrote in a note.

20, Mar, 2017

Beijing’s effort to tighten capital controls has resulted in a 74 percent drop in Chinese outbound investment in the first quarter of this year and is likely to create serious problems for foreign businesses, risk consultancy Steve Vickers & Associates said.

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