Macau

Melco Resorts & Entertainment announced today it has garnered the PATA Gold Award in the Hospitality Category for its collaboration with Hunan TV’s number one reality show Up Idol II in 2016.

Macau casino operator Sands China was the recipient of two Gold Awards at the 2017 PATA Travel Awards, held at The Venetian Macau on September 15, 2017, as part of PATA Travel Mart 2017 travel fair.

Macau’s sixth Legislative Assembly elections will take place on Sunday, with gaming-related candidates proposing more concessions, a social fund and better workers’ rights as part of their platforms.

Macau’s sixth Legislative Assembly elections will take place on Sunday, with gaming-related candidates proposing more concessions, a social fund and better workers’ rights as part of their platforms. Seven gaming-linked candidates are competing as part of a 24-strong field for the 14 available seats.



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Hong Kong-listed Neptune Group Ltd has obtained shareholder approval for its name change to “Rich Goldman Holdings Limited”.

Rising scrutiny, transaction limits and other KYC measures relating to UnionPay card use may pose a risk for Macau’s premium mass segment, according to Morgan Stanley’s AlphaWise survey.

Two new properties, both initially expected be equipped with casinos, have yet to apply for the licenses for their operation.

Macau’s gaming industry continues to be affected by the aftermath of typhoon Hato, with VIP and mass revenue slowed in the first ten days of the month, says Bernstein.

Macau’s gaming sector saw a year-on-year improvement in business performance in 2016, with the gross value added recording positive growth, according to data from the Statistics and Census Service (DSEC).

Casino operator Wynn Macau has proposed an issuance of senior notes in order to repurchase and redeem its senior notes due 2021.

Slowing VIP demand may cause GGR growth deceleration as we head closer to the end of the year, say Bernstein analysts.

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